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Full Description
Myrdal described this book as a discussion of three key notions in economic theory: the ideas of value, freedom, and collective house-keeping. It is through these concepts, he charged, that political ideology has been intro-duced into economic theory. This volume continues to be relevant in its emphasis on the problem of objectivity in the social sciences.
Contents
1: Politics and Political Economy; 2: The Ideological Background; 3: The Classical Theory of Value; 4: The Neo-Classical Theory of Value; 5: Economic Liberalism; 6: 'Social Housekeeping' and Social Value; 7: The Theory of Public Finance; 8: The Rôle of Economics in Politics; Appendix Recent Controversies