The 1983 Nobel Prize in Economics: Neoclassical Economics and Marxism

Abstract

The 1983 winner of the Nobel Memorial Prize in Economic Science, University of California Professor Gerard Debreu, epitomizes the current standard of excellence in establishment "economics." His award, following those given in the 1970s to the economists Kenneth J. Arrow and Tjalling C. Koopmans, invites us to evaluate the pinnacle of bourgeois economic theory from a critical Marxist perspective.

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