Radical Economics – serie

Howard and King have done an excellent job … scholarly without being partisan or polemical.' - Meghnad Desai, The Times Higher Education Supplement

This second volume of the highly successful, A History of Marxian Economics, covers the period from 1929 to the present. The main debates and themes of this period are the Great Depression and Stalinism, the Long Boom and its Demise, New Theories of Imperialism, Value and Exploitation, and Current Controversies. As with the first volume Michael Howard and John King have written an authoritative and stimulating account of the history of Marxian Economics over this period.

The purpose of this book is to provide an elementary account of Sraffa's Production of Commodities by means of Commodities. Operating with a two-sector model in order to minimise the mathematical demands on the reader, the author is nonetheless able to analyse all the essential questions arising from Sraffa's book-prices of production, choice of technique, fixed capital, land and joint production - as well as discuss micro- and macro-economic implications of this theory.

Howard and King have done an excellent job … scholarly without being partisan or polemical.'' - Meghnad Desai, The Times Higher Education Supplement