This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, contrasts the temporal and simultaneist approaches to the formation of price and its relation to value.

My article is an impetus for a discussion on liberal aspect of the thinking of social democratic politician and economist Josef Macek (1887-1972). In the first part I define Macek´s approach to liberalism (his understanding of the basic notions, concept of the relationship between an individual...

This paper presents Isaak Rubin’s History of Economic Thought. After a brief description of his life and work, the paper discusses Karl Marx’s attempts to write a critical history of the political economy and, in connection with this, the paper analyses the meaning of Rubin’s History of...