Showing 1 - 10 of 2,573
Smith’s theory of the falling rate of profit has been usually interpreted as a result of the intensification of …
Persistent link: https://www.econbiz.de/10009370947
Blending past and present, this brief history of economics is the perfect book for introducing students to the field. A Brief History of Economics illustrates how the ideas of the great economists not only influenced societies but were themselves shaped by their cultural milieu. Understanding...
Persistent link: https://www.econbiz.de/10011183881
This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, contrasts the temporal and simultaneist approaches to the formation of price and its relation to value.
Persistent link: https://www.econbiz.de/10005837439
, which staged a debate on value theory involving Andrew Kliman, Alan Freeman, Mino Carchedi, Gary Mongiovi, Fabio Petri …
Persistent link: https://www.econbiz.de/10005621765
This paper argues that despite a growing body of scholarly literature on Sir James Steuart, his theory of history and … recognized. In particular, we contend that Steuart, via Hegel, may have exercised an indirect influence on Marx’s own theory of …
Persistent link: https://www.econbiz.de/10008872002
Classical economists - mainly Smith, Ricardo and J.S. Mill - abhorred public debts because of their interference with capital accumulation. J.S. Mill in particular envisaged that a rising public debt leads to higher interest rates and falling real wages, a combination which may be consistent...
Persistent link: https://www.econbiz.de/10010876311
The purpose of this paper is twofold: on the one hand is to discuss Ricardo’s version of the labour theory of value …; and on the other hand, is to analyse some crucial aspects of Ricardo’s theory of taxation as an extension and further … elaboration of his theory of value. This discussion is illustrated with the use of a formal model based on a generalisation of …
Persistent link: https://www.econbiz.de/10009404625
a more advanced theory to explain and at the same time direct, within strictly defined limits, the dynamics of …
Persistent link: https://www.econbiz.de/10009418516
Classical economists mainly Smith, Ricardo and J.S. Mill abhorred public debts because of their interference with capital accumulation. J.S. Mill in particular argued that a rising public debt leads to higher interest rates and falling real wages, a combination which may be consistent with a...
Persistent link: https://www.econbiz.de/10010838302
This article, presented to the Annual Conference of the History of Economics Society, Vancouver July 1996, gives a historical analysis of the origins of the general equilibrium or comparative static approach and demonstrates that economic thought as a whole is divided, in each of its schools of...
Persistent link: https://www.econbiz.de/10005790444