Among them are a contribution to the critique of Karl Marx's economic system (1894), the prehistory of
Marxian economics (1911-12), on the history of the theory of value (1903), the psychological tendency in recent political economy (1892), and the dialectical development of categories in Marx's economic system (1929).
In 1969 I was inaugural Lecturer in the third-year subject Money and Banking, together with John Anderson, and in the
Marxian economics section of the Interdisciplinary subject Marxism (when this Interdisciplinary subject was discontinued,
Marxian Economics took its place).
But really it was outside
Marxian economics that the analysis was most creative.
At LSE, he taught econometrics, macroeconomics,
Marxian economics and development economics over the years.
Other topics include empirical evidence and endogenous theories of the business cycle, and neo-Schumpeterian insights into
Marxian economics. Zarembka is affiliated with SUNY-Buffalo.
He was very, very rude about him and when my mentor, Joan Robinson, sent him her book, An Essay on
Marxian Economics, he wrote to her and said that's the best thing you've written so far and it's very interesting.
As a consequence,
Marxian economics views capital not as a measurable or distinct object, but as a culmination of complex social processes that provides value in the production process.
There is a difference between Keynesian economics, which FDR followed after the Great Depression in the 1920s and
Marxian economics. FDR and now Obama believe that the government should intervene and protect the capitalists.
For example, Bohm-Bawerk's famous, and widely perceived as the strongest criticism of
Marxian economics, Karl Marx and the Close of His System (7), identifies and skillfully exploits a contradiction between Marxian labor theory of value of Das Kapital I and the average rate of profit of Das Kapital III.
In chapter 7, "The Mysteries of
Marxian Economics," Sowell argues that because of Marx's obtuse and scattered writing style, sometimes meant to set "traps" for readers (p.
Gratzer frames the debate in the context of
Marxian economics and acceptance of 20th-century concepts of medicine.
He ended his introduction by "Paying his respects" to his great friend: "He is gone now, and neither Harvard nor the economics profession will ever be the same again." Sweezy also edited a volume containing three classic works on the transformation problem of
Marxian economics: Karl Marx and the Close of his System by Eugene Bohm-Bawerk; Bohm-Bawerk's Criticism of Marx by Rudolf Hilferding; and "On the Correction of Marx's Fundamental Theoretical Construction in the Third Volume of Capital" by Ladislaus von Bortkiewicz (which Sweezy translated into English from the original German).