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Political Economy and Economics: Criticism of Attitudes towards Similarities and Differences between Them

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  • Kamen Mirkovich
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    Abstract

    This paper presents a detailed criticism of U. M. Ossipov’s thesis concerning the science of Economics, which he claims to be drifting away from its subject and who, in that connection, advocates the return of economic science to its classical and philosophical foundations. A constructive criticism of Ossipov's thesis is offered, and the need for synthesizing economics and political economy into theoretical economy is substantiated. In it, besides the theory of marginal utility, there must also be developed the theory of marginal value, and they should be given equal standing in economic science.

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    Bibliographic Info

    Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.

    Volume (Year): (2004)
    Issue (Month): 7 ()
    Pages: 66-95

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    Handle: RePEc:bas:econth:y:2004:i:7:p:66-95

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