Marx's Theory of Price and its Modern Rivals

Hardcover | November 15, 2011

byHoward Nicholas

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Marx's Theory of Price and its Modern Rivals provides an original look at how Marx understood the role of money, extending his theory to consider how prices move over the course of business cycles. Key modern theories of price are also analyzed; Neoclassical, Post Keynesian and Sraffian theories are contrasted with Marxian thought.

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Marx's Theory of Price and its Modern Rivals provides an original look at how Marx understood the role of money, extending his theory to consider how prices move over the course of business cycles. Key modern theories of price are also analyzed; Neoclassical, Post Keynesian and Sraffian theories are contrasted with Marxian thought.

HOWARD NICHOLAS teaches Economics at the International Institute of Social Studies, Erasmus University of Rotterdam, the Netherlands. He has been an advisor to the Ministry of Policy Planning, Sri Lanka, and headed the UNDP's study of the Macroeconomics of Poverty Alleviation in Sri Lanka from 2002-3. He has published in the areas of ...
Format:HardcoverDimensions:232 pages, 9.13 × 5.63 × 0.91 inPublished:November 15, 2011Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230302572

ISBN - 13:9780230302570

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Table of Contents

Introduction
Marx on Price in the Simple Circulation of Commodities 
Marx on Price in Capitalism
Marx on Smith and Ricardo 
Marxist Interpretations of Marx's Theory of Price 
The Neoclassical Theory of Price 
Post Keynesian Theory of Price
Sraffa's Theory of Price 
Concluding Remarks