Marx and Modern Economics Author:David Horowitz The strength and vitality of the Marxist system has, since the "Keynesian revolution" in economic theory, been increasingly recognized among orthodox economists. In the heyday of neo-classical economics, Marx was generally treated in academic circles with contemptuous silence, broken only by an occasional mocking footnote. But in recent decades ... more »the role of Marx in two essential areas of economic thinking, macro-analysis and dynamic analysis, have becom clearer to the orthodox schools.
The distinguished contributors to this volume, including Maurice Dobb, Oskar Lange, Wassily Leontief, Joan Robinson, S. Tsuru, Paul Baran, and Paul Sweezy, address themselves in various ways to the confrontation between marx and modern economics. The fifteen substantial essays included in this volume are indispensable for relating modern economics to the Marxist and classical traditions, and for correlating and differentiating these approaches to economic problems.« less