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Title Themes in value and distribution : classical theory reappraised / Krishna Bharadwaj.
Imprint London : Routledge, 2017.


 Internet  Electronic Book    AVAILABLE
Description 1 online resource
Series Routledge library editions. The history of economic thought ; 2
Note Available only to authorized UTEP users.
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Subject Classical school of economics.
Contents 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.
Summary 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 s̀urplus-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.
Other Title Print version : 9781138230446