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Widening Wicksell's conception of political economy: his "thoroughly revolutionary programme".

Authors :
Guillot, Léon
Source :
European Journal of the History of Economic Thought. Dec2019, Vol. 26 Issue 6, p1275-1309. 35p.
Publication Year :
2019

Abstract

Knut Wicksell's opinion that political economy is a "thoroughly revolutionary programme" has often been neglected in the literature. Actually, Wicksell aimed at implementing such a programme in order to enlarge political economy as a "practical science". It is articulated around three main features: a criticism of the marginal theories, the redefinition of society as a whole, and the advent of social justice. Indeed, Wicksell claimed that economic and social problems may be solved only by a complete social reorganisation. Hence, I show that Wicksell's social reform programme drives his particular view of and approach to political economy. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09672567
Volume :
26
Issue :
6
Database :
Academic Search Index
Journal :
European Journal of the History of Economic Thought
Publication Type :
Academic Journal
Accession number :
139861633
Full Text :
https://doi.org/10.1080/09672567.2019.1635181