Wealth and Poverty: Neoclassical Economic Thought and Its Critics

Ayman Reda
Additional contact information
Ayman Reda: The University of Michigan - Dearborn

Chapter Chapter 12 in Prophecy, Piety, and Profits, 2018, pp 161-170 from Palgrave Macmillan

Abstract: Abstract This chapter examines the central role of scarcity in the neoclassical view of wealth and poverty, and the implications of this view with respect to economic theory and policy. The opinions surveyed include those of Karl Menger, Leon Walras, Alfred Marshall, and Lionel Robbins. The chapter also surveys the opinions of some notable critics of the neoclassical paradigm, such as Karl Marx, Henry George, Thorstein Veblen, and John Maynard Keynes.

Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-1-137-56825-0_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137568250

DOI: 10.1057/978-1-137-56825-0_12

Access Statistics for this chapter

More chapters in Palgrave Studies in Islamic Banking, Finance and Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().