APEII Flashcards
1
Q
What’s the Aim of Shaikh’s book?
A
To show that there exists a coherent alternative to neoclassical and Post Keynesian theory that does not rely in any way on utility maximization, rational choice, rational expectations, or perfect/imperfect competition.
2
Q
Maurice Dobb’s (1973) comments on “Wealth of Nations” vs. Ricardo’s writing?
A
“A characteristic of the Wealth of Nations was its unsystematic character so far as theory was concerned […] Ricardo, however, we meet something rather different: an integrated theory of value, of profit and of rents “ (Maurice 1973:66)
