Tuesday, February 18, 2014
On Marginalism Versus Neoclassical Economics
In a recent post by NK, (see here), it was mentioned that when teaching macroeconomics, especially from a heterodox perspective, "one and has to deal, as always, with the confusion generated by all manuals (to a great extent Keynes' fault for using the term classical for everybody that came before him) between the old classical political economy tradition and the marginalist (or neoclassical, other misnomer, this one Veblen's fault) school." Perhaps the paper by Tony Lawson, "What is this 'school' called neoclassical economics" (see here, subsciption required), and "Sraffa and his arguments against marginism," by Maria Christina Marcuzzo and Annalisa Roselli (see here, subscription required), can be of assistance...
Subscribe to:
Post Comments (Atom)
Keynes’ denial of conflict: a reply to Professor Heise’s critique
Tom Palley reply to response about his paper on Keynes lack of understanding of class conflict. In many ways, this is how Tom discusses Ke...
-
"Where is Everybody?" The blog will continue here for announcements, messages and links to more substantive pieces. But those will...
-
There are Gold Bugs and there are Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
-
By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
No comments:
Post a Comment