Showing 1 - 10 of 175,775
) knowledge, the essentials of classical British economic theory (Political Economy) are outlined. Next the scientific career and … the genesis of the works of Ricardo are dealt with. The building blocks of his theory are Malthus' law of population and … his own theory of land rent. They serve as a basis for developing his original theory of income distribution among the …
Persistent link: https://www.econbiz.de/10003826812
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10001595502
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10014132720
lend overwhelming support to Ricardo's thesis, which is conformable with major aspects of Marx's theory of value. …
Persistent link: https://www.econbiz.de/10014434098
The standard definition of labour value assumes that capitalists abstain from consumption during the period of replacement. The nonstandard definition of labour value assumes that capitalists consume. Both the transformation problem and the problem of an invariable measure of value are necessary...
Persistent link: https://www.econbiz.de/10003644215
Persistent link: https://www.econbiz.de/10003412742
Persistent link: https://www.econbiz.de/10003939922
Persistent link: https://www.econbiz.de/10003922102