Adam Smith S Theory Of Value And Distribution
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Adam Smith S Theory Of Value And Distribution
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Author : Rory O'Donnell
language : en
Publisher: Springer
Release Date : 2016-02-05
Adam Smith S Theory Of Value And Distribution written by Rory O'Donnell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-05 with Business & Economics categories.
This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.
Theories Of Value And Distribution Since Adam Smith
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Author : Maurice Dobb
language : en
Publisher: Cambridge University Press
Release Date : 1975-04-17
Theories Of Value And Distribution Since Adam Smith written by Maurice Dobb and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975-04-17 with Business & Economics categories.
Mr Dobb examines the history of economic thought in the light of the modern controversy over capital theory and, more particularly, the appearance of Sraffa's book The Production of Commodities by Means of Commodities, which was a watershed in the critical discussions constituted a crucial turning-point in the history of economics: an estimate not unconnected with his reinterpretation of nineteenth-century economic thought as consisting of two streams or traditions commonly confused under the generic title of 'the classical tradition' against which Jevons so strongly reacted.
Adam Smith S Theory Of Value And Distribution
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Author : Jeffrey T. Young
language : en
Publisher: Taylor & Francis
Release Date : 2023-12-12
Adam Smith S Theory Of Value And Distribution written by Jeffrey T. Young and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-12 with Business & Economics categories.
Ever since the time of his early interpreters, beginning with David Hume, Adam Smith’s theory of value has been the subject of confusion and misunderstanding – including a controversy which still rages over whether Smith held a labour theory of value, and, if so, whether he held to it throughout Wealth of Nations, or if it was confined to the “Early and Rude State”? This book provides a close reading of Smith’s key text, and also incorporates material from the other parts of Smith’s oeuvre, especially from The Theory of Moral Sentiments, to yield original and important insights into Smith’s theory of value. The book operates on the assumption that Smith is proposing relatively simple ideas about price and takes a conventional view that simple Supply and Demand models can illuminate, clearly and consistently with his text, his theory of price. Combining these elements, the book argues that, contra Marx, Smith does not have a labour theory of value at all, understood as a theory of the determination of the relative price structure. Instead, Smith is placed squarely in the supply and demand, general equilibrium framework and the claim that he is part of a “surplus tradition”, which receives its highest treatment in the work of Piero Sraffa, is refuted. This book will be of particular interest to Adam Smith specialists, historians of economic thought, and research economists who have an interest in Smith.
Adam Smith S Theory Of Value And Distribution
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Author : Rory O'Donnell
language : en
Publisher: Palgrave Macmillan
Release Date : 1990
Adam Smith S Theory Of Value And Distribution written by Rory O'Donnell and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.
Adam Smith S Theory Of Value And Distribution
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Author : Jeffrey T. Young
language : en
Publisher:
Release Date : 2024
Adam Smith S Theory Of Value And Distribution written by Jeffrey T. Young and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024 with Distribution (Economic theory) categories.
"Ever since the time of his early interpreters, beginning with David Hume, Adam Smith's theory of value has been the subject of confusion and misunderstanding - including a controversy which still rages over whether Smith held a labour theory of value, and, if so, whether he held to it throughout Wealth of Nations, or if it was confined to the "Early and Rude State"? This book provides a close reading of Smith's key text, and also incorporates material from the other parts of Smith's oeuvre, especially from The Theory of Moral Sentiments, to yield original and important insights into Smith's theory of value. The book operates on the assumption that Smith is proposing relatively simple ideas about price and takes a conventional view that simple Supply and Demand models can illuminate, clearly and consistently with his text, his theory of price. Combining these elements, the book argues that, contra Marx, Smith does not have a labour theory of value at all, understood as a theory of the determination of the relative price structure. Instead, Smith is placed squarely in the supply and demand, general equilibrium framework and the claim that he is part of a "surplus tradition", which receives its highest treatment in the work of Piero Sraffa, is refuted. This book will be of particular interest to Adam Smith specialists, historians of economic thought, and research economists who have an interest in Smith"--
Adam Smith S Theory Of Value And Distribution
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Author : Robert Michael Larsen
language : en
Publisher:
Release Date : 1976
Adam Smith S Theory Of Value And Distribution written by Robert Michael Larsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Distribution (Economic theory) categories.
Themes In Value And Distribution
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Author : Krishna Bharadwaj
language : en
Publisher: Routledge
Release Date : 2017-01-20
Themes In Value And Distribution written by Krishna Bharadwaj and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-20 with Business & Economics categories.
The essays in this volume, first published in 1989, seek to re-examine an important area of economic theory: value and distribution. In a sustained and analytical critique, two principle methodological approaches are compared and distinguished: the Classical or ‘surplus-based’ theories and the demand-and-supply-based equilibrium (DSE) theories. Although the essays are primarily concerned with value and distribution, the critique necessarily extends to the theory of output and employment, and in general, to the theory of trade and accumulation. The book will be an invaluable reader for students of economic thought, capital theory and Marxian political economy.
Theories Of Value From Adam Smith To Piero Sraffa
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Author : Ajit Sinha
language : en
Publisher: Taylor & Francis
Release Date : 2018-08-06
Theories Of Value From Adam Smith To Piero Sraffa written by Ajit Sinha and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-06 with Business & Economics categories.
This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. The author focuses on four, perhaps most critical classics — Adam Smith’s Wealth of Nations, David Ricardo’s Principles of Political Economy, Karl Marx’s Capital and Piero Sraffa’s Production of Commodities by Means of Commodities. The book highlights several significant differences in the widely celebrated theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It also challenges canonical interpretations to analyse their flaws and weaknesses, in addition to the already obvious strengths, and critically engages with the major alternative interpretations and criticisms of the theories. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader.
The Theory Of Value And Distribution In Economics
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Author : Pierangelo Garegnani
language : en
Publisher: Routledge
Release Date : 2012-08-21
The Theory Of Value And Distribution In Economics written by Pierangelo Garegnani and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-08-21 with Business & Economics categories.
This new volume explores two alternative economic theories – the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a ‘classical’ approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa’s position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.
Theories Of Value And Distribution Since Adam Smith Idealogy And Economic Theory
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Author : Dobb Maurice
language : en
Publisher:
Release Date : 1979
Theories Of Value And Distribution Since Adam Smith Idealogy And Economic Theory written by Dobb Maurice and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with categories.