Contemporary Economists in the West

Richard B. Day, Ph.D. (1970), University of London, is professor of political economy at the University of Toronto, Canada. He has published extensively on Soviet economic and political history, including Leon Trotsky and the Politics of Economic Isolation (Cambridge University Press, 1973).

Foreword

Preface

Part1 The Economic Theory of Franz Oppenheimer



Introduction by the Editor



1 Oppenheimer’s Two Formulae of Value



2 Critique of Oppenheimer’s First Formula of Value

Value and Income



3 Critique of Oppenheimer’s Second Formula of Value

The Value of Products and the Value of Labour



4 Skilled Labour



5 The Theory of Monopoly



6 Surplus Value as Monopoly Income



7 The Contradiction between the Theory of Value and the Theory of Surplus Value



8 Oppenheimer as Critic of Marx



Part2 Rudolf Stolzmann and the Social Method in Political Economy



Introduction by the Editor



1 The Social-Organic Method



2 Stolzmann and the Theory of Labour Value



3 Stolzmann’s Theory of Value and Distribution



4 Stolzmann as Critic of Marx



Part3 Alfred Amonn and the Social Method in Political Economy



Introduction by the Editor



1 Amonn’s Teaching on the Subject Matter of Political Economy



2 Critique of Amonn’s Doctrine



Part4 Franz Petry and His Attempt to Give a Social Interpretation of the Marxist Theory of Value



Introduction by the Editor



1 Isaak Rubin on Franz Petry



Part5 The Economic Theory of Robert Liefmann



Introduction by the Editor



1 The Psychological Conception of Economy



2 Money Economy



3 Capitalist Economy



4 The Theory of Prices



Appendix1: ‘The Austrian School’

 Isaak Il’ich Rubin

Appendix2: Isaak Il’ich Rubin on Supply, Demand, and Price Determination

 Richard B. Day

References

Index