"Modern economics does not explain, and does not even attempt to explain, capitalism; rather, both introductory texts and advanced scholarship presuppose capitalism as a universal, natural entity. In stark contrast, Capitalist Economics introduces and explains the basic economic forces that...

Part A -- Chapter 1. The Classical Theory of Value and Distribution -- Chapter 2 .Circular Flow of Capital and Social Reproduction -- Chapter 3. Controversial Issues in the Theories of Value and Distribution: The 'Transformation Problem' and the 'Capital Theory Critique' -- Chapter 4. Labour...

This volume presents a collection of essays honoring Professor Thomas E. Weisskopf, one of the most prominent contributors to the field of radical economics. Beginning his academic career at Harvard before moving to the University of Michigan at Ann Arbor, Professor Weisskopf has spent the past...

This volume is an account of the economic drivers and outcomes of the Cold War, told through the stories of seven international economists, who were all closely involved in theory and policy in the period 1945-73. For them, the Cold War was a battle of economic ideas, a fight between central...

This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx,...