1.

Record Nr.

UNINA9910162819503321

Autore

Bharadwaj Krishna

Titolo

Themes in value and distribution : classical theory reappraised / / Krishna Bharadwaj

Pubbl/distr/stampa

Abingdon, Oxon : , : Routledge, , 2017

ISBN

1-315-38586-4

1-315-38585-6

1-315-38584-8

Descrizione fisica

1 online resource (354 pages)

Collana

Routledge Library Editions : The History of Economic Thought ; ; Volume 2

Disciplina

330.15/3

Soggetti

Classical school of economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

First published in 1989 by Unwin Hyman Ltd.

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

1. Introduction -- 2. Adam Smith's political economy -- 3. Ricardian theory and Ricardianism -- 4. On a controversy over Ricardo's theory of distribution -- 5. Sraffa's Ricardo -- 6. The subversion of classical analysis : Alfred Marshall's early writing on value -- 7. Marshall on Pigou's Wealth and welfare -- 8. Maurice Dobb's critique of theories of value and distribution -- 9. On certain theoretical issues in classical political economy -- 10. Sraffa's return to classical theory -- 11. On the maximum number of switches between two production systems -- 12. On effective demand : certain recent critiques -- 13. Piero Sraffa: the man and the scholar : a tribute.

Sommario/riassunto

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.