Scope and Method of Political Economy

Combining a mastery of formal logic with erudition in economics, the father of John Maynard Keynes produced perhaps the best statement of the logical character of classical economics ever made. It not only reviews the famous nineteenth-century Methodenstreit between Menger and Schmoller, but "faithfully reflects the conciliatory methodological attitude of the leading neoclassical writers ... [it remains] the starting point for reading in methodology" (M. Blaug Economic Theory in Retrospect).