Image Not Available

On Political Economy and Econometrics. Essays in honour [honor] of Oskar Lange.

[Lange, Oskar 1904-1965]

Published by Oxford, etc.: Pergamon Press/ Warszawa: PWN-Polish Scientific Publishers, 1965., 1965
Used Condition: Near Fine Hardcover
From Ted Kottler, Bookseller (Redondo Beach, CA, U.S.A.)

AbeBooks Seller Since January 5, 2002

Quantity Available: 1

Buy Used
Price: US$ 75.00 Convert Currency
Shipping: US$ 6.50 Within U.S.A. Destination, Rates & Speeds
Add to basket

30 Day Return Policy

About this Item

Frontispiece, viii, 661 pp. Original cloth, large 8vo. Near Fine, in near fine dust jacket (unclipped). Contributors include Baran & Sweezy, Dobb, Frisch, Hansen, Kalecki, Kornai & Wellisz, J. Neyman, J. Robinson, R. Stone, Tinbergen, et al. Pp. 651-661 = 'Bibliography of Works 1925-1963', containing 129 entries. 'Although an ardent socialist, Lange deplored the Marxian labor theory of value, being very much a believer in the Neoclassical theory of price. He put these two together famously in his 1938 On the Economic Theory of Socialism, where he argued that a state-run economy could at least be as efficient - if not more efficient -- than a free market economy. Lange argued that this was possible if the government planners used the price system as if in a market economy and instructed state industry managers to respond parametrically to the state-determined prices (minimize cost, etc.). Lange's argument was one of the pivots of the Socialist Calculation Debate with the Austrian School. . In 1942, he provided one of the first proofs of First and Second Welfare Theorems. He initiated the analysis of stability of general equilibrium (1942, 1944). His critique of the Quantity Theory of money (1942) prompted his student, Don Patinkin, on to his remarkable 'integration' of money into general equilibrium theory. Lange also made several seminal contributions to the development of the Neo-Keynesian Synthesis (e.g. 1938, 1943, 1944). The post-1945 period, Lange's fortunes changed. His particularly close association with the Stalinist government of Poland and his political activities on their behalf marred both his economics and his respectability in the economics profession. He was particularly taken to task by fellow economists for papers he wrote lauding Stalin as an 'economic theorist' (e.g. 1953). Nonetheless, Lange never regarded himself as anything else but a socialist activist as well as Marxian economist' (History of Economic Thought Web site). Bookseller Inventory # 16226

Bibliographic Details

Title: On Political Economy and Econometrics. ...

Publisher: Oxford, etc.: Pergamon Press/ Warszawa: PWN-Polish Scientific Publishers, 1965.

Publication Date: 1965

Binding: Hardcover

Book Condition:Near Fine

Dust Jacket Condition: Near Fine

Edition: 1st Edition

Store Description

Visit Seller's Storefront

Terms of Sale:

CREDIT CARD ORDERS MAY ONLY BE ACCEPTED ON BEHALF OF ABE. Personal/bank/traveler's checks (made payable to Ted Kottler), money orders, international money orders are fine. All books are First Editions, in original cloth bindings, and in Very Good or better condition, unless otherwise noted. Returns: with prior notice and within 10 days. I am always interested in purchasing First Editions of scholarly, hardcover books in the history of science and the history of medicine, as well as First Edition...

More Information
Shipping Terms:

Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

List this Seller's Books

Payment Methods
accepted by seller

Visa Mastercard American Express

Check Money Order Cash Bank Draft