The Theory of Wages in Classical Economics

' - John Vint, Journal of the History of Economic Thought This important new book is the first specific study on the classical theory of wages to appear for more than 50 years and as such fills an important gap in the literature.

The Theory of Wages in Classical Economics

'. . . there is much is Stirati's discussion of the natural wage which is of interest, and she explores quite carefully the role of institutional, cultural and social factors in the determination of the long-run wage rate.' - John Vint, Journal of the History of Economic Thought This important new book is the first specific study on the classical theory of wages to appear for more than 50 years and as such fills an important gap in the literature. Antonella Stirati argues that the wage-fund theory played no part in the theory of wages expounded by Ricardo and his predecessors. Classical wage theory is shown to be analytically consistent but very different from contemporary theory, particularly as it did not envisage an inverse relationship between employment and the real wage level, and hence a spontaneous tendency to full employment of labour. The author bases her approach not only on a reinterpretation of Smith and Ricardo, but also on the writings of Turgot, Necker, Steuart, Hume, Cantillon and other pre-classical economists.

On Classical Economics

In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi - and why it was neglected - and a detailed look at John Stuart Mill's ...

On Classical Economics

On Classical Economics is a book from which students can learn both history and economics. It is not simply a Cook's tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi - and why it was neglected - and a detailed look at John Stuart Mill's enigmatic role in the development of economics and the mysteries of Marxian economics.

Classical Economic Theory and the Modern Economy

This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate.

Classical Economic Theory and the Modern Economy

Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.

Classical Political Economy

William O. Thweatt This book is the second in three surveys of the literature in the history of economic thought in the Kluwer Recent Economic Thought series.

Classical Political Economy

William O. Thweatt This book is the second in three surveys of the literature in the history of economic thought in the Kluwer Recent Economic Thought series. The first book, covering the pre-classical literature, has already been published; a third, on the neo-c1assical period, is planned for 1988. This middle book surveys the writings on classical political economy for the past 30 years, or roughly since the publication of Joseph Schumpeter's 1954 monumental History of Economic Analysis. Shortly after World War II, the American Economic Association spon sored a Survey of Contemporary Economics [1949]. That work covered 13 subdisciples of economics, and in 1952 a companion piece appeared in which surveys of 10 additional subdisciples were presented. As Bernard Haley, editor of the second volume, stated, even "though in the two volumes twenty-three fields have been treated ... there remain some aspects of the subject ... that have not been reviewed" [Haley, 1952, p. v].

Popularizing Classical Economics

This book traces the efforts of Brougham and Ellis to spread classical economic ideas through education of both adults and children.

Popularizing Classical Economics

Popularizing Classical Economics analyzes the theoretical contributions of two British Economists, Henry Brougham and William Ellis, and describes how they popularized economic ideas from the early 1800s through the 1860s. Efforts to spread economic ideas to the lay public have been little studied and few individuals have been recognized for their efforts. This book traces the efforts of Brougham and Ellis to spread classical economic ideas through education of both adults and children.

Reflections on the Classical Canon in Economics

In this discipline-defining volume, some of the leading international scholars in the history of economic thought re-examine the concepts of 'classical economics' and the 'canon', illuminating the roots and evolution of the contemporary ...

Reflections on the Classical Canon in Economics

In this discipline-defining volume, some of the leading international scholars in the history of economic thought re-examine the concepts of 'classical economics' and the 'canon', illuminating the roots and evolution of the contemporary discipline.

On the Origins of Classical Economics

Examines the origin and early development of the classical theory of distribution up to 1767, stressing the concept of economic `surplus' as a key determinant of economic phenomena.

On the Origins of Classical Economics

Examines the origin and early development of the classical theory of distribution up to 1767, stressing the concept of economic `surplus' as a key determinant of economic phenomena.

The Classical Economists and Economic Policy

"Distributed in the U.S.A. by Barnes & Noble." Bibliography: p. [206]-212.

The Classical Economists and Economic Policy

"Distributed in the U.S.A. by Barnes & Noble." Bibliography: p. [206]-212.

Post Keynesian Economic Theory

"This collection of major new essays offers a full range of alternative ways of looking at the economy. The alternatives adopted here focus on the post-Keynesian body of thought.

Post Keynesian Economic Theory

"This collection of major new essays offers a full range of alternative ways of looking at the economy. The alternatives adopted here focus on the post-Keynesian body of thought. The authors call into question the traditional ways of thinking on a number of economic issues... The essays offered here represent a serious challenge to the prevailing orthodoxies and demand new ways of thinking about economics."--p. [4] of cover.

Classical Economics May 1817 to December 1818

This set focuses on the key economic issues raised in the aftermath of the Napoleonic War, when the United Kingdom was rocked by a succession of economic crises.

Classical Economics  May 1817 to December 1818

This set focuses on the key economic issues raised in the aftermath of the Napoleonic War, when the United Kingdom was rocked by a succession of economic crises. Contemporary critical articles are supplemented by new notes and introductions.

Topics in Classical Micro and Macroeconomics

This book will definitely play an important role of reviving classical micro- and macroeconomic dynamics. Willi Semmler, New School University, New York This book is a must-read.

Topics in Classical Micro  and Macroeconomics

This book on Classical micro- and macrodynamics includes revised versions of papers which were written between 1983 and 2000, some jointly with co-authors, and it supplements them with recent work on the issues which are raised and treated in them. It attempts to demonstrate to the reader that themes of Classical economics, in particular in the tradition of Smith, Ricardo and Marx, can be synthesized into a coherent whole, from the perspective of formal model building. This is accomplished by means of mathematical techniques which, on the one hand, provide a consistent accounting framework (labor values and prices of p- duction) as point of reference for Classical micro- and macro-dynamics and which, on the other hand, attempt to apply these accounting schemes – or suitable ext- sions of them – by showing their usefulness as tools of analysis of the implications of technological change (labor values) and as potential tools for understanding the dynamics of market prices and of income distribution around their centers of gravity (production prices and the wage-pro?t curve).

Classical Economics 1810 1812

Classical Economics  1810 1812


Richard Cantillon

This is the first comprehensive study of his economic theory and of his place in the history of the subject.

Richard Cantillon

Richard Cantillon, writing fifty years before Adam Smith, was the first to see the economy as an interrelated whole, and the first to give a coherent account of how it works. This is the first comprehensive study of his economic theory and of his place in the history of the subject.

Documents on and from the History of Economic Thought and Methodology

This volume also includes notes by Mark Ladenson at Northwestern and from a faculty seminar at MSU on comparative method.

Documents on and from the History of Economic Thought and Methodology

Contains five sets of lectures taken by Glenn Johnson as a doctoral student in economics at the University of Chicago during 1946-7. This volume also includes notes by Mark Ladenson at Northwestern and from a faculty seminar at MSU on comparative method.

Competition Value and Distribution in Classical Economics

"Drawing in particular on the work of Sraffa, Smith, Ricardo and Marx, the essays in this volume explore the characteristic features of the Classical economists' approach to economic problems, and the renewal of interest in that approach in ...

Competition  Value and Distribution in Classical Economics

"Drawing in particular on the work of Sraffa, Smith, Ricardo and Marx, the essays in this volume explore the characteristic features of the Classical economists' approach to economic problems, and the renewal of interest in that approach in modern times. In recent years, new material has been made available on both Sraffa and Marx which have made new insights and interpretations possible. The release of Sraffa's hitherto unpublished papers and correspondence has led to reconsideration of doctrinal questions such as to what extent Sraffa built upon, or deviated from the analyses of Adam Smith, David Ricardo and other representatives of the classical British school and Karl Marx. A major theme is also to what extent we can today, equipped with Sraffa's insights and analytical tools, re-interpret and develop ideas of classical authors, which they could present only in primitive forms, on technological progress, exhaustible resources and other contemporary issues. On Marx, the publication of the MEGA2 edition of the works, papers and correspondence of Marx and Engels also gives rise to a reconsideration of this relationship, given Marx's disenchantment with some of his own work and return to ideas advocated by Ricardo, especially as regards the long-term tendency of the rate of profits. Finally, the classical notion of competition and monopoly deserve to be scrutinized carefully again and frequent misinterpretations in the literature refuted. This volume is vital reading for scholars of classical economics, Marx and Sraffa, and the history of economic thought more broadly. It also deals with issues in the areas of machinery and technical progress, joint production, and economic development and growth. Heinz D. Kurz is Emeritus Professor of Economics at the University of Graz, Austria, and Fellow of the Graz Schumpeter Centre. Neri Salvadori is Professor of Economics at the University of Pisa, Italy"--