Xia Zhang
Abstract
Marxism economics is in substance an institutional economics and it is also the forerunner of this school of thought.The paper tries to research into the contributions made by new institutional economics to marxism economics and their mutual complement.
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Marxism economics is in substance an institutional economics and it is also the forerunner of this school of thought.The paper tries to research into the contributions made by new institutional economics to marxism economics and their mutual complement.
Key concepts: New institutional economics, Schools of economic thought, Heterodox economics, Institutional economics, Human development theory, Mainstream economics, Applied economics, Complement (music)