Beschreibung:
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 analysed; Neoclassical, Post Keynesian and Sraffian theories are contrasted with Marxian thought.
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