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One of the founding fathers of modern economics in India, A.K. Dasgupta (1903–92) is considered a pioneer in theoretical economics. His extensive scholarship included the critical evaluation and understanding of practically all schools of economic thought: Classical, Marxist, Marginalist, Neo-Classical, Keynesian, and the many variants of growth theory.
Essays in Economic Theory, written over a period of nearly sixty years, highlights both Dasgupta’s commitment to economic theory and the expertise with which he pushed its frontiers. The essays cover value and prices (including the theory of wages and interest), economic competition, growth and capital theory, economic methodology, and the history of political economy.
In his illuminating introduction Partha Dasgupta, the author’s son and a renowned theoretician himself discusses the influence of welfare economists on A.K. Dasgupta that led him to adopt a broadly utilitarian view of social life.
ISBN - 9780195687897
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