This book provides a comprehensive exposition and appraisal of Marx's political economy, beginning with the philosophical and sociological foundations of his work and indication how his economic theory emerged from a critique of classical political economy. The authors proceed to examine in detail the theory of exploitation, capitalist development and imperialism, and pay special attention to the analysis of Marx by later social and economic theorists, including an assessment of the modern relevance of his work.

The authors' position is one of critical sympathy. They share Marx's...

Public Sector Economics discusses the impact of government revenues and expenditures on economic activity, with special reference to developing countries. Howard raises theoretical and empirical issues relating to the role of the public sector in economic development.

The book is comprehensive in scope: topics include public goods, market failure, the role of government, public choice and political business cycles, public expenditure growth, structural adjustment and taxation.

In addition, the book raises issues that are neglected in traditional texts on the public sector, such as poverty...

...Howard and King have done an excellent job...scholarly without being partisan or polemical.' Meghnad Desai, The Times Higher Education Supplement

This second volume of the highly successful, A History of Marxian Economics, covers the period from 1929 to the present. The main debates and themes of this period are the Great Depression and Stalinism, the Long Boom and its Demise, New Theories of Imperialism, Value and Exploitation, and Current Controversies. As with the first volume Michael Howard and John King have written an authoritative and stimulating account of the history of Marxian Economics over this period.

This book provides a comprehensive exposition and appraisal of Marx's political economy, beginning with the philosophical and sociological foundations of his work and indication how his economic theory emerged from a critique of classical political economy. The authors proceed to examine in detail the theory of exploitation, capitalist development and imperialism, and pay special attention to the analysis of Marx by later social and economic theorists, including an assessment of the modern relevance of his work.

The authors' position is one of critical sympathy. They share Marx's...