This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism.

    The structural approach to economics developed by Leontief, and known as input-output analysis, paved the way for the transformation of economics into a truly empirical discipline that could utilize modern data processing technology. This thoroughly revised second edition includes twenty essays--twelve of which are new to this edition--that reflect the past developments and the present state of the field. Beginning with an introductory chapter, the book leads the reader into an understanding of the input-output approach--not only as formal theory but also as a research strategy and powerful tool for dealing with a complex modern economy.

    Contentspart I Theory of consumer behavior and demandpart II Theory of production and costpart III Theory of the firm and market organizationpart IV Theory of distributionpart V Theory of general equilibrium and economic welfare

    Mcgraw-Hill; First Edition

    The emphasis throughout the book is on policy, although the basic techniques for making a Plan are illustrated. Much information is tabulated for ease of reading.