Productive Labour and Effective Demand

1st Edition

Sydney H. Coontz

Published October 18, 2010
Reference - 176 Pages
ISBN 9780415607186 - CAT# Y112947

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The connection between productive labour and effective demand has often been ignored and disputed in political economy, even by giants like Ricardo and Marx. This book traces the historical development of theories, concentrating in particularly on those of Malthus, Marx and Keynes. Particular attention is also paid to the Great Depression in the UK and USA.

* The Pre-Classical Approach * The Classical Economists * Socialists and Dissidents * Anti-Classical Theories in the Twentieth Century


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