Based on the new way of studying the work of Adam Smith in greater depth, with greater attention being paid to the use …. These conclusions allow us to redefine the hypotheses of Adam Smith’s system of price determination. …

. In Smith, this is associated with the moral judgment of an impartial spectator, a hypothetical ideal conjured in the … imagination of an agent. This imagined spectator has the properties of impartiality, information and sympathy. I argue Smith … are limitations, however, to this model for personal ethics, as acknowledged by Smith himself and suggested by subsequent …

) considered that Ricardo emphasized the rent upon scarcity in addition to the differential rent. However, Hollander derived the … interpretation based on Buchanan’s words, rather than Ricardo’s. On the contrary, we attempt to derive the interpretation from … Ricardo’s words in Chapter 17 of the Principles. We show that Hollander’s interpretation is more inherent in Ricardo himself. …

This paper uses Ricardo’s work on taxation to exemplify his methodological approach of proceeding from abstract theory … to practical theory and its correspondence with various facts. Ricardo’s method has been often considered abstract, based … on his use of “strong cases.” However, Depoortère (2008) showed that Ricardo emphasized the relationship between theory …

, non-equilibrium, history of thought, Keynes, Austrian Economics, Post-Keynesian economics, Ricardo …

Schumpeter’s remarks on Ricardo’s criticisms of Smith’s system of thought (1954, p.472) can be further articulated by … have dealt with Ricardo’s or Smith’s systems of thought in recent years. Among these recent authors are Peach (1993, 2008 … of Ricardo’s criticisms of Smith’s argument but will reach for the analytical foundations both of these criticisms and of …

exchanges in Ricardo’s famous numerical example in the Principles, it is now possible to arrive to a definite conclusion … entitled to the same amount of merit as David Ricardo with regard to the comparative-advantage proposition since he fell short … of formulating a full prove of it prior to the publication of Ricardo’s Principles. In the 1815 example of English cloth …

Schumpeter’s remarks on Ricardo’s criticisms of Smith’s system of thought (1954, p.472) can be further articulated by … have dealt with Ricardo’s or Smith’s systems of thought in recent years. Among these recent authors are Peach (1993, 2008 … of Ricardo’s criticisms of Smith’s argument but will reach for the analytical foundations both of these criticisms and of …

The paper analyzes Adam Smith’s views on monopoly focusing on Book IV and V of The Wealth of Nations and argues that … Smith has left his analysis of monopoly in an embryonic form while the majority of scholars have assessed it starting from … premises different from those, actually though implicitly, used by Smith to approach this subject. We show that Smith makes use …

between this proposition and the two other main elements in David Ricardo’s famous numerical example in the Principles – the … of Ricardo’s insight regarding the non-appliance of the law of value in international exchanges in proving the … comparative-advantage proposition. Therefore, he is not entitled to the same amount of merit as Ricardo since he fell short of …