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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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