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About this product
- DescriptionThe marginalist revolution of the late nineteenth century consolidated what Karl Marx and Piero Sraffa called 'vulgar ecomy', bringing with it an emphasis on a scarcity theory that replaced the classical surplus theory. However, the classical political ecomy of Adam Smith and David Ricardo has been revived within the Cambridge ecomic tradition. This book looks at how different branches of the Cambridge ecomic tradition have focused on various aspects of this revival over time. The author shows that classical political ecomy is distinct from vulgar political ecomy in terms of its ecomic, social, and ethical theory, with each difference resting on an issue of ontology. Structured in three parts, the book examines the central contested aspects of these theories, namely the nature of value, the relationship between human beings and social structure, and the nature of human wellbeing. The Cambridge Revival of Political Ecomy will be relevant to students and researchers within the fields of political ecomy, history of ecomic thought, politics and philosophy.
- Author BiographyNuno Martins is Lecturer in Economics at the University of the Azores, Portugal. He is also a member of the Centro de Estudos em Gestao e Economia at UCP-Porto, and of the Cambridge Social Ontology Group.
- Author(s)Nuno Ornelas Martins
- PublisherTaylor & Francis Ltd
- Date of Publication22/10/2013
- SubjectEconomics: Textbooks & Study Guides
- Series TitleEconomics as Social Theory
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- Weight703 g
- Width156 mm
- Height234 mm
- Spine28 mm
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