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Rate Regulation, Capital Structure, and the Sharing of Interest Rate Risk in the Electric Utility Industry: Discussion

Journal of Finance 1978 33(3), 750
Willard T. Carleton, Rate Regulation, Capital Structure, and the Sharing of Interest Rate Risk in the Electric Utility Industry: Discussion, The Journal of Finance, Vol. 33, No. 3, Papers and Proceedings of the Thirty-Sixth Annual Meeting American Finance Association, New York City December 28-30, 1977 (Jun., 1978), pp. 750-751

Friedrich Engels and Marxist Economic Theory

Journal of Political Economy 1978 86(2, Part 1), 303-319
This is a review article based on W. O. Henderson's two-volume Life of Friedrich Engels. After a brief biographical summary, Engels's contributions to political economy are examined, and it is suggested that these are much more important than has so far been recognized (e.g., by Schumpeter). In particular, Engels's paper "Outlines of a Critique of Political Economy" announced several of the basic and least invalid themes of Marxist political economy. Later Engels, when criticizing Utopian socialism, contributed a very remarkable account of the essential functions of the competitive price mechanism.