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Classics

In: Macrofoundations of Political Economy and Development

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  • David Goalstone

Abstract

By ‘Classical’ I shall include all of the great early economists who grounded their macro work in the surplus approach. I am not interested in their price theory but in their theory of society. The principle of social subsistence is at the heart of these Classics. Moreover, the Classical Macrofoundation still lives in anthropology. Long banished from economics, it is needed in the poorworlds.

Suggested Citation

  • David Goalstone, 2007. "Classics," Palgrave Macmillan Books, in: Macrofoundations of Political Economy and Development, chapter 11, pages 97-106, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-60431-5_11
    DOI: 10.1057/9780230604315_11
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