lp 1 14 A TREATISE FOR A NEW AGE IN ECONOMIC THEORY REVIEW OF GEORGE REISMAN’S CAPITALISM英文文献.pdfVIP
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LIBERTARIAN PAPERS VOL. 1, ART. NO. 14 (2009)
A TREATISE FOR A NEW AGE IN ECONOMIC THEORY:
REVIEW OF GEORGE REISMAN’S CAPITALISM
WLADIMIR KRAUS*
CAPITALISM : A TREATISE ON ECONOMICS. By George Reisman.
Ottawa, IL: Jameson Books, 1996.
THE BOOK UNDER REVIEW, Capitalism: A Treatise on Economics,1 has
been in print since 1996. Its enormous size and the vast array of topics
covered suggest enormous scholarship and devotion. Its expressed purpose is
a thorough integration of leading economic phenomena into one unified
theory of the market process. Yet virtually no serious attention on the part of
academic economists has been paid to its many highly original contributions
and bold challenges to received orthodoxy. This review aims at a compressed
presentation and analysis of some of the book’s main contributions to
political economy, and hopes thereby to kick off a rigorous discussion of its
substantive ideas.
To put the extent of George Reisman’s intellectual achievement into a
single sentence: for a full understanding of economic institutions of
capitalism the reading and very careful studying of his Capitalism: A Treatise on
Economics is absolutely essential. Nowhere will one find a clearer, more
comprehensive, more rigorous, more persuasive and thus exactly for these
reasons absolutely enthralling description and explanation of all leading
economic institutions of capitalism.
*Wladimir Kraus (wladimir_kraus@gmx.de) is a PhD candidate in Institutions,
Economics, and Law at IEL-International Programme in Institutions, Economics, and
Law, Collegio Carlo Alberto, Italy.
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