Ricardo's economics : a general equilibrium theory of distribution and growth
Author(s)
Bibliographic Information
Ricardo's economics : a general equilibrium theory of distribution and growth
Cambridge University Press, 1989
- : pbk
Available at 99 libraries
  Aomori
  Iwate
  Miyagi
  Akita
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  Fukushima
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  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
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  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
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  United Kingdom
  Germany
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  France
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  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
This book, together with Marx's Economic and Walras' Economics, completes a sequence of titles by Professor Morishima on the first generation of scientific economists. The author's assessment of Ricardo differs substantially from the established views adopted by economists and historians of economic thought. While economists such as Pasinetti, Caravale and Samuelson have concentrated on macroeconomic interpretations of Ricardo, and historians of economic thought have emphasised his labour theory of value, Morishima takes a different course. In this book the author concentrates on Ricardo's main work, The Principles, and shows that his economics is the prototype of mathematical economies without the symbols and formulae. Morishima then translates Ricardo's economics into mathematical language to find a general equilibrium system (very similar to Walras') concealed within. The analysis also contradicts the conventional view that marginalism emerged in opposition to classical economics, showing instead that Ricardian analysis is firmly based on marginalist principles, using prices, wages and profits rather than labour values. The book ends with a discussion of the historical character of economic theory and an attempt to specify the epoch of Ricardian economics.
Table of Contents
- Preface
- Introduction
- Part I. Prices and Rent: 1. Prices and the Ricardian marginalism
- 2. Differential rent
- Part II. Wages and profits: 3. Wages, profits and general equilibrium
- 4. The equal rate of profit and exploitation
- Part III. Growth: 5. Ricardian growth
- 6. International trade
- Part IV. Say's Law: 7. Say's law of markets
- 8. Machinery
- Part V. Three Paradigms Compared: 9. Towards an anti-Say's law regime
- 10. Ricardo, Walras and Keynes
- 11. The epoch of Ricardo's economics
- Index.
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