Mathew Harris's Reviews > Capital as Power: A Study of Order and Creorder
Capital as Power: A Study of Order and Creorder
Mathew Harris's review
Oct 25, 2017
While the first few hundred pages seemed bland to me the first reading, the emphasis on sound measurement in science cannot be stressed enough and Nitzan does a fantastic job of going through it and offering an alternative. It is a difficult read, I was well versed in economics and political science and this took me two or three reads, but it is worth it. I don't think there is a more valuable book in my collection. While many economists have criticized the entirety of neo-classical economics, and many have offered various adjustments, none have offered an alternative theory of value which is a fundamental block of economics. Everything is built around it and Nitzan is the first to offer a new theory in over 50 years. That in itself is an achievement. My only disagreements with his work is mainly semantics. I am saddened that a work which emphasizes prices and measurement does not have much on monetary economics.
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October 25, 2017 – Shelved