Theories of Value and Distribution Since Adam Smith: Ideology and Economic TheoryMr 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. |
Other editions - View all
Theories of Value and Distribution since Adam Smith: Ideology and Economic ... Maurice Dobb No preview available - 1973 |
Common terms and phrases
Adam Smith assumption capitalist Chapter classical commodities competition concept constant capital consumers consumption corn Correspondence of Ricardo cost of production criticism crucial David Ricardo demand depend derived determined doctrine Economic Analysis economic theory economists emphasis equations equilibrium Essays exchange exchange-value factors fixed capital given growth hence History of Economic Ibid ideological implications income income-distribution increase industry influence inputs interpretation investment J. M. Keynes J. S. Mill Jevons Keynesian labour labour-power latter Malthus marginal productivity Marx Marx's ment Mill natural notion Oskar Lange output perfect competition Physiocratic Political Economy London postulated Prices of Production problem Professor proportion quantity of labour question rate of profit ratio regarded relations relative rent Ricardian rise rôle Say's Law Schumpeter sense social Sraffa statement supply surplus surplus-value techniques theoretical theory of profit theory of value tion utility variable wage-goods wages Walras Wealth of Nations Welfare Economics