Showing 1 - 10 of 223
paper revives this view of rent, proceeding from its historical basis through Smith’s analysis to arrive at Sraffa …
Persistent link: https://www.econbiz.de/10011259126
Quantum Economic Development (or the QED MODEL) is an entirely new field of theoretical economic conceptualisation into the evolutionary end point of the New Global Economy. A full description of the process of forming a kernel of fundamental 'quantum like' logic of the architecture and...
Persistent link: https://www.econbiz.de/10009647310
distinctive Properties’, of his Principles (1821). Ricardo’s aim was to clear up Smith’s famous statement that “every man is rich … life” (1776, Bk.I, Ch.V). The paper argues that Ricardo's criticism of Smith's statement is as inaccurate as Smith …
Persistent link: https://www.econbiz.de/10005837263
One of the foundations of the labour theory of value used by Ricardo in the Principles is that rent does not enter into commodity prices. In response to objections raised by Malthus and Say, Ricardo defended this idea by arguing that even where all cultivated land pays rent, the last dose of...
Persistent link: https://www.econbiz.de/10008534270
Schumpeter’s remarks on Ricardo’s criticisms of Smith’s system of thought (1954, p.472) can be further articulated by … Chapter V, Of Bounties, Book IV of the Wealth of Nations and is intended to prove that “perhaps in no part of Adam Smith … to Smith’s. Thus the issue has eventually fallen into the hands, or between the lines, of a growing number of authors who …
Persistent link: https://www.econbiz.de/10009025263
Ricardo’s criticisms of Adam Smith on value and wealth have been sometimes rejected and sometimes accepted in the … growth. This paper intends to fill the gap between these two branches by revisiting Smith’s link between value and wealth in …’s criticisms i) of Say’s and Lauderdale’s criticisms of Smith on this issue, and ii) of Smith’s and Malthus’ arguments on the …
Persistent link: https://www.econbiz.de/10008839484
The purpose of the paper is to analyze Claudio Napoleoni's opinions on the epistemic status of labour and work in Marxian thought. Particular attention is paid to illustrate the position taken by Napoleoni as regards Lucio Colletti's idea of an identity of abstract labour and alienated labour in...
Persistent link: https://www.econbiz.de/10011107596
latter is the sense in which Smith’s ambiguous notion of the “value of labour to the labourer” and his related corollary of …
Persistent link: https://www.econbiz.de/10011109536
agreement and sometimes in disagreement with Smith. The agreement reaches a climax on the notion of wealth as such as well as on …’s agreements and disagreements with Smith on the subject of wealth as distinct from the close subject of value. We will prove that …, except for some minor differences, Ricardo’s notion of wealth is the same as Smith’s. As such, it is used by Ricardo as …
Persistent link: https://www.econbiz.de/10011112530
not true that by only following one’s own interest it is possible to reach excellent economic trends. Adam Smith’s theory …
Persistent link: https://www.econbiz.de/10011257813