MDSB25H3 Lecture Notes - Lecture 4: John Maynard Keynes, Joan Robinson, Austrian School
Document Summary
Jevons and the idea of marginal utility: it is the utility of the marhiginal unit the last and least wanted, that sets the value for all. The application of this idea to all areas of economic activity (good, services, labour, and capital) by alfred marshall and his principles of economics: marshalls emphasis on order and equilibrium contributed to the mathemitizaton of economics. Further development by the likes of joan robinson and john maynard keynes. Neoconservatism: a major influence on political econ of communicaton/media. Marxian political econ: grounded in the fundamental work of karl marx, variations include. The critique of monopoly by paul baran and paul sweezy. The world systems perspective of fernand braudel and immanuel wallerstein. Lots of diff kinds of environmental political economy: difficult to value an ore in the earth etc. Basic aims of political economy of media-why pol econs fo what they do. Decentering the media with respect to the analysis of.
