This paper responds to Ernesto Screpanti's critique of Guglielmo Carchedi's approach to Marx's transformation procedure. It argues that there is no logical inconsistency in that procedure once one introduces time, rather than denying it as Marx's critics do. Further, it examines Screpanti's...

This new volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a...