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Marx's Theory of Price and its Modern Rivals

  • Book
  • © 2011

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Authors:
  1. Howard Nicholas
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Table of contents (9 chapters)

  1. Front Matter

    Pages i-x
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  2. Introduction

    • Howard Nicholas
    Pages 1-6

  3. Marx’s Theory of Price in the Simple Circulation of Commodities

    • Howard Nicholas
    Pages 7-28

  4. Marx’s Theory of Price — Capitalist Commodity Production

    • Howard Nicholas
    Pages 29-60

  5. Marx on Smith and Ricardo

    • Howard Nicholas
    Pages 61-69

  6. Marxist Interpretations of Marx’s Theory of Price

    • Howard Nicholas
    Pages 70-87

  7. The Neoclassical Theory of Price

    • Howard Nicholas
    Pages 88-118

  8. The Post Keynesian Theory of Price

    • Howard Nicholas
    Pages 119-141

  9. Sraffa’s Theory of Price

    • Howard Nicholas
    Pages 142-177

  10. Concluding Remarks

    • Howard Nicholas
    Pages 178-185

  11. Back Matter

    Pages 186-217
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Keywords

About this book

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.

Reviews

'...a precious work' - Dr. Vickramabahu Karunaratne, Sri Lanka Guardian

About the author

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 inflation, development theory, financial markets, the global economy, and the macro dynamics of a number of countries.

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