Friday, October 26, 2007
Marxism vs. Neoclassical economics
In light of Masashi's presentation yesterday that asked some important questions about the differences between marxist economics and neoclassical economics I found a link that might be useful:
A book by Wolff and Resnicks, Economics: Marxian versus Neoclassical. I haven't looked through it myself but they have it at Senate House. There is a review of the book in Monthly Review as well.
If anyone has any other reading recommendations please email me and I can add them or put them in the comments.
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How do Marxists critique the concept of market equilibrium in Neoclassical economics, and what alternative perspectives do they offer regarding the allocation of resources?
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