Product Description: This book, first published in 1967, explores some of the problems formulating investment criteria for the public sector of a mixed-enterprise, underdeveloped economy. The typical essay on public investment criteria explicitly or implicitly postulates a single goal for economic analysis - maximization of weighted average of national income over time - and relegates all other objectives of public policy to a limbo of "political" and "social" objectives not amenable to systematic, rational treatment...read more

Product Description: See "Stephen Marglin on the Future of Capitalism" at FORA.tv.Economists celebrate the market as a device for regulating human interaction without acknowledging that their enthusiasm depends on a set of half-truths: that individuals are autonomous, self-interested, and rational calculators with unlimited wants and that the only community that matters is the nation-state...read more

Product Description: What determines the rate of growth, the distribution of income, and the structure of relative prices under capitalism? What, in short, makes capitalist economies tick? This watershed treatise analyzes the answers to these questions provided by three major theoretical traditions: neoclassical, neo-Marxian, and neo-Keynesian...read more

Product Description: Value and Price in the Labour-Surplus Economy

Product Description: The purpose of this book is to improve the methodology of designing water resource systems. The methodology of system design involves four related steps: identifying the objectives of design; translating these objectives into design criteria; using the criteria to devise plans for the development of specific water resource systems that fulfill the criteria in the highest degree; and evaluating the consequences of the plans that have been developed...read more