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The Political Element in the Development of Economic Theory

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Myrdal described this book as a discussion of three key notions in economic theory: the ideas of value, freedom, and collective house-keeping. It is through these concepts, he charged, that political ideology has been intro-duced into economic theory. This volume continues to be relevant in its emphasis on the problem of objectivity in the social sciences.

298 pages, Paperback

First published January 1, 1930

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Gunnar Myrdal

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September 9, 2011
The best book I have read that describes how ideologues mask hidden premises in economic arguments; and how these arguments serve those with economic and political power.
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