Economic Studies (Routledge Revivals)

<p>First published in 1977 David Levine's <em>Econom ic Studies</em> offers a critique and reconstruction of the theoretical conception of economic life. The premise of the study is that only an investigation of the system of elementary economic relations - value capital production - can overcome the confusion and misdirection which baffles progress in all areas of economic theory and lay the foundation for further development of economic science. </p><p>Levine discusses both the origins of economic science and the character of contemporary economic thought. He presents a critique of the ideas of classical political economy and of the notion of a 'labor theory of value' which excludes the possibility of a science of economic relations.</p>