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" Interpreting Ricardo / "
Terry Peach.
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BL
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| Record Number
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1006461
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b760831
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| Main Entry
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Peach, Terry.
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| Title & Author
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Interpreting Ricardo /\ Terry Peach.
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| Publication Statement
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Cambidge [England] ;New York, NY, USA :: Cambridge University Press,, 1993.
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| Page. NO
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xiv, 318 pages ;; 24 cm
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| ISBN
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0521119758
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: 0521260868
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: 9780521119757
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: 9780521260862
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| Bibliographies/Indexes
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Includes bibliographical references (pages 304-312) and indexes.
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| Contents
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1. Interpretations of David Ricardo -- 2. From bullion to corn: the early writings -- The early monetary writings -- Ricardo's new 'theory' -- The pre-Essay correspondence -- The Essay on Profits -- The pre-Essay agricultural analysis: further considerations -- The post-Essay correspondence -- 3. The falling rate of profit, wages and the law of markets -- Diminishing agricultural returns, the falling rate of profit and the Corn Law debate -- Wages -- The law of markets -- 4. The labour theory of value (I) -- Before the Principles -- The first edition of the Principles -- From the first to the second edition of the Principles -- 5. The labour theory of value (II) -- Between the second and third editions of the Principles -- The third edition of the Principles -- The final writings -- 6. The appropriation of Ricardo -- Utility -- Demand -- Product pricing: the role of 'demand and supply' -- Ricardo and the 'Say tradition': 'opportunity cost' and 'imputation' -- Ricardian 'general equilibrium' analysis -- Ricardo and Sraffa -- 7. Concluding remarks.
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| Abstract
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"This book proposes a reconstruction of the substance and evolution of David Ricardo's thought on the interrelated topics of value, distribution and accumulation. It also contains a summary of, and critical commentary on, the existing secondary literature." "Among the topics developed in this book, the author rejects Piero Sraffa's 'corn model' interpretation of Ricardo's early writings, and questions many of the alleged similarities between the work of Ricardo and Sraffa. He reaffirms the 'old' interpretation that Ricardo's primary concern was to demonstrate the link between worsening conditions of production in agriculture and 'permanent' movements in profitability, and he opposes the Hollander and Hicks view of Ricardo's treatment of wages (the so-called 'new view' interpretation). Also, in the context of a detailed study of Ricardo's engagement with the labour theory of value, he rejects the fashionable view that Ricardo's version of the theory was merely 'empirical', and he argues that Marx's interpretation of Ricardo was considerably less flawed than some writers, including Marshall, Stigler and Steedman, have maintained. The author also rejects various 'neoclassical' interpretations of Ricardo's writings." "Dr Peach argues that Ricardo's work has been persistently misinterpreted and that this state of affairs can be remedied only by an attempt to understand Ricardo's writings in Ricardo's terms rather than those of later economic theorists."--Jacket.
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| Subject
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Ricardo, David,1772-1823.
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Ricardo, David, 1772-1823
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Ricardo, David,1772-1823.
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Ricardo, David,1772-1823.
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Ricardo, David.
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| Subject
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Ricardo, David, -- 1772-1823.
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Doctrines économiques.
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Economics-- Great Britain-- History-- 19th century.
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Fiscalité.
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Interpretation
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Valeur économique.
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Wirtschaftstheorie
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Economie.
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| Dewey Classification
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330.15/3
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| LC Classification
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HB103.R5P43 1993
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| NLM classification
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330.13
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83.01bcl
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83.02bcl
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QE 800rvk
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