Economic development and theories of value | Zendy

Armando Di Filippo | Zendy

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Economic development and theories of value

Author(s) -

Armando Di Filippo

Publication year - 1980

Publication title -

cepal review

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.117

H-Index - 13

eISSN - 1684-0348

pISSN - 0251-2920

DOI - 10.18356/aadf005a-en

Subject(s) - value (mathematics) , economics , positive economics , neoclassical economics , rigidity (electromagnetism) , mathematical economics , value theory , epistemology , mathematics , philosophy , engineering , statistics , structural engineering

If economics is to supply more reliable interpretations of development in concrete historical cases it is essential that it should break through the narrow limits within which it has been confined by theories o f value based on the assumption of general equilibrium. The conception of value as power proposed by the author is aimed specifically at lessening the rigidity of the categories of economic analysis so that they can easily incorporate contributions from other social sciences.

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