"Karl Marx deserves an honoured place among economic pioneers of steady state and balanced growth equilibrium. What is valid in this seminal contribution is in no sense contrary to mainstream economics of Marx’s predecessors, contemporaries or successors. Even we end with the view that Marx was not so much a mathematical economist as ‘merely’ a great economist, this recognition of his analytical abilities in no sense diminishes our appreciation of him as an original and creative shaper of the science of political economy."
January 1, 1970