Both Marx and Menger are the originators of two vivid and highly recognisable schools of economic thought with long …

Kliman and Julian Wells (eds) 2001. The New Value Controversy in Economics. Cheltenham: Edward Elgar. pp55-66.” …

reconsideration of the contribution of Marx to economics, placing him as the first and in many ways the most consistent in a …This article, presented to the Annual Conference of the History of Economics Society, Vancouver July 1996, gives a … economics, between Austrian economics and Walrasian general equilibrium, and in many other contexts. The article demonstrates …

My first concern is the treatment of distribution by Marx and Engels within the general framework of ‘Historical … essential role in the evolution of a capitalist-exchange economy (II.2). (In any event, Marx and Engels seem to have downplayed … organization entailing wages paid according to‘equal right’ and ‘the undiminished proceeds of labour’ (II.3). In brief, Marx …

economics is an “archaic” general equilibrium theory. On the other hand, neo-Ricardians view models of Leontief as simplified …) Neo-Ricardian’s opposition between classical economics and Walrasian theory is based on the representation of production …: classical economics refers to circular flow while Marginalist theory refers to a one-way avenue production process. As it makes …

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …

-theoretic reconstruction of the main parts of Marx’s critique of Political Economy. After introducing the main parameters and the range of … development emphasized by Marx, i.e. the social conflict regime (Section 3) and the crisis regime (Section 4). Finally, an …

, the fact that almost all of the (later) economic manuscripts of Marx are now accessible due to the new publishing … manuscripts as well as the few economic monographs published during Marx’s lifetime indicate that Marx was figuring out different … consistent stepwise fashion, and the conditions for generating the long-term results expected by Marx can be specified. …