Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

The first twist is in the theory of disribution. [...] In fact, the well-known neoclassical doctrine that "without interference" markets will function perfectly (or "clear") is also known as "demand theory". The second twist is in the theory of value: while the classicals took capitalist value, the relation of general equivalence, to be inherent in some material substance or human action, the neoclassicals understand it as "subjective," determined by individual tastes. [...]

the difference between liberal or neoclassical political economy, and the older work of those like Smith/Ricardo

—p.34 Capitalist Political Economy: Smith to Marx to Keynes and Beyond (17) by Geoff Mann 7 years, 5 months ago