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This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx's logical method in Capital, based on substantial textual evidence, and concludes that, contrary to the prevailing view, there is no 'transformation problem' in Marx's theory of prices of production in Volume III.

Produktbeschreibung
This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx's logical method in Capital, based on substantial textual evidence, and concludes that, contrary to the prevailing view, there is no 'transformation problem' in Marx's theory of prices of production in Volume III.
Autorenporträt
Fred Moseley is Professor of Economics at Mount Holyoke College and is the author and editor of numerous books and articles on Marx's theory, especially the logical method employed by Marx in Capital and the theory of the distribution of surplus-value in Volume III of Capital.