tailieunhanh - History of Economic Analysis part 90

History of Economic Analysis part 90. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | History of economic analysis 852 of both these authors by points culled from the other though they are at opposite poles in matters that are of decisive importance analytically. But these attempts have never so far as I am aware gone to the length of trying to revive Marx s theoretical 13 Third though the Marx vogue in England and in the United States is in part simply the natural consequence of immigration it is also something more. On the English or American student of economics Marx s doctrine impinges as something new and fresh something that differs from the current stuff and widens his This impact may indeed spend itself in scientifically worthless emotions but it also may prove productive. In any case Marx s influence must be listed among the factors of the scientific situation of today. 12 I have strongly recommended Sweezy s Theory of Capitalist Development 1942 as an admirable presentation of Marx s and most of the neo-Marxists economic thought. The thing that calls for notice now is that Dr. Sweezy believes that the economic theory there presented is actually usable theory ex visu of today and that it is not only equal but superior to the technique used for example by Lange. Still more remarkable and something of a psychological riddle is Mrs. Robinson s Essay on Marxian Economics 1942 . On this see Mr. Shove s article Mrs. Robinson on Marxian Economics in the Economic Journal April 1944. 13 One of the most interesting of these attempts has been made by in his paper Mr. Keynes and Mr. Marx Review of Economic Studies February 1940. 14 One reason for this is that Marx has not been and is not being currently taught especially not in theory courses. And one reason for this in turn is that he is so difficult to fit in. Because both of his virtues and of his faults . because of his diffuseness and repetitiveness that make assignments difficult he either is crowded out or else crowds out the rest of the material teachers .