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Power or Pure Economics?, PDF eBook

Power or Pure Economics? PDF

Edited by Michio Morishima

Part of the Classics in the History and Development of Economics series

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This volume examines central questions about the nature of economic theory, its historical development and its explanatory power.

What determines economic distribution - can pure economic theory itself explain the fundamentals of distribution or is a broader economics incorporating theories of power in society necessary?

The book presents the debate through classic statements of each position from two leading economists of the century, Joseph A.

Schumpeter and Yasuma Takata. A substantive introduction from Michio Morishima assesses and places in context the work of both Schumpeter and Takata.

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