This paper briefly outlines some characteristics of the Sraffian critique of Neoclassical economic theory. The main goal is to highlight some important issues related to theoretical and logical errors of the mainstream theory, such as those arising from the debate over the theory of capital in...

"It is now widely acknowledged that history is useful, even essential, because it helps us predict the future. The history of ideas in economics, as in other fields of inquiry, plays an important role in enlightening current researchers as they endeavour to understand contemporary events and...

This paper is a revised version of a discussion with Nobel laureate Vernon Smith on the limits of neoclassical theory and on the opportunity to recover the alternative approach of classical economists and Marx. Vernon Smith is certainly right to insist on the heuristic force of the classical...

Classical Versus Neoclassical Monetary Theories, completed just before Professor Will E. Mason's untimely death, places recent and mid-20th century monetary theory in a larger historical context, while examining the relevance of contemporary questions in monetary policy. The first half of the...

Preface -- Acknowledgements -- Introduction -- On the early reception and dissemination of Adam Smith’s economic theory in Germany – literature, representatives and the case of Georg Sartorius -- Friedrich List on Adam Smith -- Johann Friedrich Pfeiffer on Adam Smith – An Early --...