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The Way Ahead: A New Political Economy

In: Cost, Choice and Political Economy

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Abstract

This book presents in one volume Professor Wiseman’s seminal work on the theory of costs and the economist’s treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost.

Suggested Citation

  • ., 1989. "The Way Ahead: A New Political Economy," Chapters, in: Cost, Choice and Political Economy, chapter 14, pages 265-285, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:472_14
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    File URL: https://www.elgaronline.com/view/9781852781651.00019.xml
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    Cited by:

    1. Error, Marta, 2017. "At the Sources of Agrarian Transformation in Reborn Poland," International Journal of Agricultural Sciences and Technology (IJAGST), SvedbergOpen, vol. 177(4), December.

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