Political Economy and Economics: Criticism of Attitudes towards Similarities and Differences between Them

Kamen Mirkovich

Economic Thought journal, 2004, issue 7, 66-95

Abstract: This paper presents a detailed criticism of U. M. Ossipov’s thesis concerning the science of Economics, which he claims to be drifting away from its subject and who, in that connection, advocates the return of economic science to its classical and philosophical foundations. A constructive criticism of Ossipov's thesis is offered, and the need for synthesizing economics and political economy into theoretical economy is substantiated. In it, besides the theory of marginal utility, there must also be developed the theory of marginal value, and they should be given equal standing in economic science.

JEL-codes: A12 A13 B52 (search for similar items in EconPapers)
Date: 2004
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