Bertram Schefold is recognized internationally as an outstanding economist. He has made major contributions to the development of economic theory and particularly to economic thought. His contributions to economic theory include his work on Sraffian economics and its implications for the theory of value and distribution, capital theory, growth and technical progress.
This book consists of ten papers by distinguished economists from Europe, the United States and Japan. The papers cover a range of topics chosen according to Bertram Schefolds main fields of research, from Wicksell s principle of just taxation to Sraffa and the Universal Basic Income to Marx s Theory of Value.

Covering Schefold's main areas of academic interest, this is an important and comprehensive volume which is a fitting tribute to one of the foremost economic thinkers of our age."

Bertram Schefold is recognized internationally as an outstanding economist. He has made major contributions to the development of economic theory and particularly to economic thought. His contributions to economic theory include his work on Sraffian economics and its implications for the theory of value and distribution, capital theory, growth and technical progress.
This book consists of ten papers by distinguished economists from Europe, the United States and Japan. The papers cover a range of topics chosen according to Bertram Schefolds main fields of research, from Wicksell 's principle of just taxation to Sraffa and the Universal Basic Income to Marx 's Theory of Value.

Covering Schefold's main areas of academic interest, this is an important and comprehensive volume which is a fitting tribute to one of the foremost economic thinkers of our age.

Von der altesten Produktions- und Wirtschaftsweise, der des Jagens und Sammelns, bis zum gegenwartigen Industrie- und Finanzkapitalismus ging es den Menschen darum, durch Aktivitaten an Guter und Dienstleistungen zu gelangen, die "zum Leben" benoetigt werden. Die Menschen kreieren Techniken zur Produktion und Normen zur Verteilung der Guter, aber auch Organisationsformen und Institutionen, in deren Rahmen diese Produktions- und Verteilungsprozesse stattfinden. Diese realen Entwicklungen sind Gegenstand der Wirtschaftsgeschichte. Aber das Reflektieren dieser Regeln, Prozesse, Institutionen und Organisationsformen - nennen wir es das oekonomische Denken - ist die andere Seite der Medaille. Aus dem Denken uber oekonomische Sachverhalte und Vorgange entstand sukzessive die OEkonomik, die im deutschsprachigen Raum noch immer Volkswirtschaftslehre genannt wird, obwohl das "Volk" explizit kein Thema dieser Disziplin ist. In diesem Buch wird der Versuch unternommen, die wichtigsten Entwicklungslinien des oekonomischen Denkens von seinen schriftlich verfugbaren Anfangen bis zur OEkonomik des 20. Jahrhunderts nachzuzeichnen und die wirtschaftshistorischen Rahmenbedingung dieser Entwicklung darzustellen.

The influence of political developments on the evolution of economic thought is the main theme behind this book. As the authors reveal throughout the book, history has shown many times that political events can trigger the formulation of new economic conceptions that in turn influence the future economic development of a country. The papers are arranged into five main areas of interest: monetary theory and policy economic crisis in France and the emergence of the physiocratic school the co-evolution of political ideas and economic thought in different countries and periods in Europe continuity and discontinuity in Russian economic thought attempted economic solutions to the problems posed by the Great Depression and the associated political transformation. Political Events and Economic Ideas will hold great appeal and interest for researchers and scholars of political thought, as well as historians of economic thought worldwide.