Rationality in Economic Thought

Armando C. Ochangco, Professorial Lecturer, School of Economics and Associate Professor, Department of Philosophy, University of The Philippines, The Philippines

• Contents: Introduction Part I: Narration and Interpretation: Methods, Arguments, Disagreements 1. The Nature of Smith’s and Ricardo’s Inquiries, Their Ideas on Value, and Ricardo’s Criticisms of Smith 2. Marx’s Critical Theory: On Method, Value and Exploitation, Accumulation and the Contradictions of Capitalism 3. Marx’s Critique of Smith and Ricardo on Method and Value: Dialectical Appropriations and Transcendence 4. Jevons and Walras on the Nature of Economic Inquiry, Their Ideas on Value and Their Criticisms of the Labour Theory of Value 5. Marshall’s Scissors, Time and the Principle of Continuity: Marshall on Method and Value Part II: Making Rational Sense of the Preceding Pieces of Intellectual History 6. Rationality in the History of Economic Thought: Methodological Interpretations and Conjectures I 7. Rationality in the History of Economic Thought: Methodological Interpretations and Conjectures II 8. Rationality in the History of Economic Thought: Methodological Interpretations and Conjectures III Appendix