Contemporary Economists in the West

Richard B. Day, Ph.D. (1970), University of London, is professor of political economy at the University of Toronto, Canada. He has published extensively on Soviet economic and political history, including Leon Trotsky and the Politics of Economic Isolation (Cambridge University Press, 1973).

• ForewordPrefacePart1 The Economic Theory of Franz OppenheimerIntroduction by the Editor1 Oppenheimer’s Two Formulae of Value2 Critique of Oppenheimer’s First Formula of ValueValue and Income3 Critique of Oppenheimer’s Second Formula of ValueThe Value of Products and the Value of Labour4 Skilled Labour5 The Theory of Monopoly6 Surplus Value as Monopoly Income7 The Contradiction between the Theory of Value and the Theory of Surplus Value8 Oppenheimer as Critic of MarxPart2 Rudolf Stolzmann and the Social Method in Political EconomyIntroduction by the Editor1 The Social-Organic Method2 Stolzmann and the Theory of Labour Value3 Stolzmann’s Theory of Value and Distribution4 Stolzmann as Critic of MarxPart3 Alfred Amonn and the Social Method in Political EconomyIntroduction by the Editor1 Amonn’s Teaching on the Subject Matter of Political Economy2 Critique of Amonn’s DoctrinePart4 Franz Petry and His Attempt to Give a Social Interpretation of the Marxist Theory of ValueIntroduction by the Editor1 Isaak Rubin on Franz PetryPart5 The Economic Theory of Robert LiefmannIntroduction by the Editor1 The Psychological Conception of Economy2 Money Economy3 Capitalist Economy4 The Theory of PricesAppendix1: ‘The Austrian School’Isaak Il’ich RubinAppendix2: Isaak Il’ich Rubin on Supply, Demand, and Price DeterminationRichard B. DayReferencesIndex