Productive Labour and Effective Demand

Download or read book Productive Labour and Effective Demand written by Sydney H. Coontz and published by Routledge. This book was released on 2013-11-05 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The connection between productive labour and effective demand has often been ignored and disputed in political economy, even by giants like Ricardo and Marx. This book traces the historical development of theories, concentrating in particularly on those of Malthus, Marx and Keynes. Particular attention is also paid to the Great Depression in the UK and USA. * The Pre-Classical Approach * The Classical Economists * Socialists and Dissidents * Anti-Classical Theories in the Twentieth Century