The purpose of the paper is to bring out the special characters of Paolo Sylos Labini experience concerning his work on the history of the discipline. It includes three successive parts. The first investigates the extent to which Sylos Labini can be considered as a Schumpeterian scholar. The...

J.-E. Cairnes developed an original analysis of the segmentation of the labour market within the first part of its Principles of political economy, newly expounded. This analysis is based upon the concept of a non-competing group which can be defined as a group whose members, by their education...

1. An important conclusion of this work to be noted is it may not necessary to have an explicit relationship between money and prices- like the quantity theory one. What is necessary and important is that there should be a relation between the growth rates of absolute outputs and money. Money...

To define the nature and scope of economics has always been a controversial point in the academia. Though, economics is the social science that analyzes the production, distribution, and consumption of goods and services, its uses with political intentions to implement social agenda of the...

This paper proposes to eliminate, a routine in the economic thinking, claimed to be responsible for the negative essence of economic developments, from the point of view, of the ecological implications (employment in the planetary ecosystem). The methodological foundations start from the natural...

The paper throws some new light on Sraffa's contribution, using material from his yet unpublished papers. Attention focuses on Sraffa's rediscovery of the distinct character of the classical theory of value and distribution and his refutation of the Marshallian interpretation that it is only a...

Several features of Piero Sraffa' Production of Commodities are attributed to David Ricardo by Sraffa himself and by 'neo-Ricardians' generally. I have questioned elsewhere the Sraffian understanding of Ricardo. Assuming this challenge to be justified, the question arises how Sraffa may have...

Adam Smith justified the contemporary usury laws and was severely criticised by Bentham and most modern writers with the important exception of J.M. Keynes. We argue that pace Bentham, Smith did not intend to preclude loan financing of all 'risky' ventures and give a 'monopoly' to safe...

This paper examines Hegel's perspective on the market economy, paying particular attention to how the market fits into his conception of freedom. Hegel's doctrine of freedom implies that market relations realize a distinctive form of freedom; however, due to the ontological deficiencies of this...