The world of the textbooks

Guy Routh

Chapter 7 in The Origin of Economic Ideas, 1989, pp 314-339 from Palgrave Macmillan

Abstract: Abstract In the thirteen years since this book was first published, orthodox economics has continued unperturbed along its accustomed way. If anything, it has become even more obscure and irrelevant so that we might validly echo Sismondi’s regret of 170 years ago, to see political economy ‘every day adopting a more sententious language, enveloped in calculations increasingly difficult to follow, losing itself in abstractions and becoming, in every way, an occult science’.1

Keywords: Marginal Utility; Demand Curve; Price System; Investment Good; Imperfect Competition (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20169-3_7

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DOI: 10.1007/978-1-349-20169-3_7

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