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Routledge - The Cambridge Revival of Political Economy Book

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Description

Explore the deep history of economic thought with The Cambridge Revival of Political Economy (Economics as Social Theory). This scholarly work by Routledge examines the shift from classical surplus theory to the scarcity theory introduced during the marginalist revolution of the late nineteenth century. While Karl Marx and Piero Sraffa referred to this period as the rise of "vulgar economy," this book traces how the classical political economy of Adam Smith and David Ricardo found new life within the Cambridge economic tradition. Readers will learn how different branches of this tradition have approached the revival of classical ideas over time. By examining the distinction between classical political economy and vulgar political economy, this text provides a clear look at how economic theory has evolved. It is an essential resource for students and researchers interested in the social theory aspects of economics and the historical development of economic schools of thought.

Key Features

Examines the transition from classical surplus theory to the scarcity theory of the marginalist revolution.

Analyzes the revival of Adam Smith and David Ricardo within the Cambridge economic tradition.

Provides a detailed look at the distinctions between classical political economy and vulgar political economy.

Traces how various branches of the Cambridge tradition have focused on economic revival over time.

Offers deep insights into the historical development of economics as a social theory.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
24 October 2013
Listed Since
03 February 2011

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