A history of
The LSE Lectures

by Lionel Robbins


Marx, … was probably the best historian of economic thought of his time, although I personally think—and this is a value judgement—that Marx was fright­fully unfair to some of the people he criticised, …. Marx had an eye for what was important far better than, let us say, the classical historian of economic thought, McCulloch. And McCulloch is a very valuable person for looking up rare people and so on and so forth, but it was Marx who detected the excellence of Petty, and it was Marx who detected the inventiveness of Quesney in the economic table, and it was Marx who realised the importance—well, the classical economists recog­nised that—of Smith and Ricardo

(Robbins” A History of Economic Thought, p.235)





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