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The social encyclical Rerum Novarum closely links the question of poverty with that of property, and invokes Thomas Aquinas. But on closer examination, the reasoning developed in favour of property departs from the scholastic thinker, since it maintains more affinities with the liberal tradition...
Persistent link: https://www.econbiz.de/10008831607
This article examines the diverse aspects of the “conversion” of J. C. L. Simonde of Sismondi, in 1817 with the Political Economy. The moment and the contents of the conversion of Sismondi present two kinds of difficulties of interpretation. The first one concerns the role which plays the...
Persistent link: https://www.econbiz.de/10010671692
The Italian economist Enrico Barone (1859- 1924) is best known for his contributions to marginal productivity theory and the socialist planning debate. This paper analyzes Barone’s contributions to the theory of perfect competition which are largely ignored in the secondary literature. It...
Persistent link: https://www.econbiz.de/10010671693