Socialist Economics
Regular price
€42.99
This volume sets forth as simply as possible the theoretical foundations which underlie the practical policies of democratic Socialism. This involves both a repudiation and a refutation of the assumptions of the older classical economists who believed in laissez-faire, and a careful differentiation of the economics of democratic Socialism from the neo-classical doctrines associated with the name of Maynard Keynes.
In 1941 Professor G.H.D. Cole was appointed sub-warden of Nuffield College, Oxford. He was central to the establishment of the Nuffield College Social Reconstruction Survey, which collected a large amount of demographic, economic, and social data. This information was used to advocate for an extensive programme of social reform.