For Marxists, the present controversies are rooted in Marx's own development and exposition of the labor theory of value, especially its presentation in Volumes I ( Marx, 1954 [1867] ) and III of Capital . As is well known, in Volume I, Marx begins with his analysis of commodities, emphasizing...

From the opening salvo of Benjamin Ward's (1972) What's wrong with economics to Henry Woo's (1986) What's wrong with formalization in economics to Mark Blaug's (1999) “The formalist revolution or what happened to orthodox economics after World War II?” the specter of mathematician David...

Was Shakespeare an economic thinker? To Karl Marx, who freely quoted the playwright in confirmation of various assertions in Capital , at least Shakespeare's characters were. Prior to claiming that money is a “radical leveler…[that] does away with all distinctions” ( Marx 1967 , I, p....

“Bob” Malthus, the Revd T. Robert Malthus (1766–1834), had only one son, Henry (“Hal”) who like his father became a clergyman and married, but died childless in 1882. Malthus's older brother “Syd,” Sydenham II (1754–1821), inherited the family property in Albury, Surrey on the...

Focusing on the relatively unstudied status of women in classical political economy, this important collection of essays will inform, delight, and even surprise the reader. The essays provide testimony both to the intellectual richness of the period, as well as the extraordinary social and...