This volume examines central questions about the nature of economic
theory, its historical development and its explanatory power. What
determines economic distribution - can pure economic theory itself
explain the fundamentals of distribution or is a broader economics
incorporating theories of power in society necessary? The book
presents the debate through classic statements of each position
from two leading economists of the century, Joseph A. Schumpeter
and Yasuma Takata. A substantive introduction from Michio Morishima
assesses and places in context the work of both Schumpeter and
Takata.
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