Marxism and the Facts of Life; Reply; How Powerful is the Fed?
Keywords:Marxism, Political Economy
AbstractI found Stephen Resnick and Richard Wolff's essay "The 1983 Nobel Prize in Economics: Neo-classical Economics and Marxism" to be misguided. It is misguided because into the conflict between Marxist and bourgeois "non-class" economics they introduce issues about the nature of truth and knowledge. It is also misguided because they treat certain facts of life as theoretical truths of Marxism.
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