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assessment of the then new concept of Pareto optimality, together with his reinterpretation and rejection of Ricardo's (1821 …
Persistent link: https://www.econbiz.de/10011865125
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10003245576
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10011422113
the genesis of the works of Ricardo are dealt with. The building blocks of his theory are Malthus' law of population and … three classes of society (landowners, tenants, agricultural workers). His vision is - like that of Adam Smith - a self …-adjusting model of the economy. Getting at first rid of rent, his intention was to show that - in contrast to Smith - a decrease of …
Persistent link: https://www.econbiz.de/10003826812
Dieser Aufsatz reflektiert das Verständnis von Mensch und Natur, welches dem Denken von Malthus zugrunde liegt und kontrastiert es mit dem völlig anderen Verständnis seines Zeitgenossen William Wordsworth. Wir zeigen, dass die ökonomischen Überlegungen beider entscheidend durch diese...
Persistent link: https://www.econbiz.de/10003245533
James Pennington's creativity as a scientific economist is matched only by his obscurity. He exemplifies the pioneering innovator who never gets his due recognition. Alone and with others he launched (1) the idea that checking deposits are money just like coin and notes, (2) the theory of the...
Persistent link: https://www.econbiz.de/10013097134
John Rae has recently been rediscovered as a precursor of the endogenous growth theory. This study argues that Rae needs to be rediscovered a second time for his original contribution to clarify the role of the innovation and technical change within the economic systems. The aim of this paper is...
Persistent link: https://www.econbiz.de/10012956570
This is a review essay of Dennis Rasmussen's 2017 book, The Infidel and the Professor: David Hume, Adam Smith, and the …
Persistent link: https://www.econbiz.de/10012941809
question throughout the late nineteenth and early twentieth century. Adam Smith had left behind an ambiguous legacy on the …, Smith had proposed both a scheme for the gradual devolution of the British empire and a theoretical scheme for imperial …, at the turn of the century many advocates for imperial federation also turned to Smith for their intellectual inspiration …
Persistent link: https://www.econbiz.de/10012946175
reconstruction of Scottish Political Economy as defined by the writings of David Hume and Adam Smith? How much is gained and how much …
Persistent link: https://www.econbiz.de/10012822371