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THE DICTIONARY OF ECONOMICS
(Dizionario di Economia – by Sergio Ricossa)

One of the first characteristics of Sergio Ricossa’s work is to maintain and transmit a unified view of the subject, especially in the face of the extreme, and often short-lived, proliferation of specialist distinctions into which economics has been split. Moreover, since this book is not aimed merely at economists, only on rare occasions does the author use mathematical language, such as equations, algebraic formulae and analysis.
Such a slant reflects the author’s sceptical view of economics as an "exact" science in a field that must admit differences of opinions, checks and progressive revision. He has placed the emphasis on lucid exposition and a careful selection of the theories on which attention should be focused.
In particular, the unified theory of value, which is becoming the synthesis on which everyone from liberals to Marxists agrees, has been adopted as the supporting structure of the Dizionario. This theory is the core of economic science, since it is linked to the prices, income distribution, production, and general balance theories.

 

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