The essays in this volume, first published in 1989, seek to re-examine an important area of economic value and distribution. In a sustained and analytical critique, two principle methodological approaches are compared and the Classical or surplus-based theories and the demand-and-supply-based equilibrium (DSE) theories. Although the essays are primarily concerned with value and distribution, the critique necessarily extends to the theory of output and employment, and in general, to the theory of trade and a…
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Themes in Value and Distribution: Classical Theory Reappraised – Krishna Bharadwaj Premium
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