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SUMMARY:The Cambridge Revival of Political Economy - Nuno Martins (Univers
 ity of the Azores) 
DTSTART:20131202T200000Z
DTEND:20131202T220000Z
UID:TALK48347@talks.cam.ac.uk
CONTACT:Cambridge Social Ontology Group
DESCRIPTION:The talk will be based on a book that is about to be published
 . Coverage of the book:\n\nThe marginalist revolution of the late nineteen
 th century consolidated what Karl Marx and Piero Sraffa called ‘vulgar e
 conomy’\, bringing with it an emphasis on a scarcity theory that replace
 d the classical surplus theory. However\, the classical political economy 
 of Adam Smith and David Ricardo has been revived within the Cambridge econ
 omic tradition. The book looks at how different branches of the Cambridge 
 economic tradition have focused on various aspects of this revival over ti
 me.\n\nThe author demonstrates that classical political economy is distinc
 t from vulgar political economy in terms of its economic\, social\, and et
 hical theory\, with each difference resting on an issue of ontology. Struc
 tured in three parts\, the book examines the central contested aspects of 
 these theories\, namely the nature of value\, the relationship between hum
 an beings and social structure\, and the nature of human wellbeing. 
LOCATION:Clare College\, Trinity Lane Cambridge\, CB2 1TL\, in the Latimer
  Room\, in the Old Court
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