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A Modern Treatment of the Ricardian Economy: II. CApital and Interest Aspects of the Pricing Process

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  • Paul A. Samuelson

Abstract

Back to the beginning, 217. — Time and interest, 219. — Failure of the labor theory, 220. — A simple corn economy, 222. — The special timeless case, 222. — The extreme Torrens-Ricardo Case, 223. — Land scarcity and falling interest, 225. — A long-run, constant floor for interest, 227. — The land theory restated, 228. — A final word, 230.

Suggested Citation

  • Paul A. Samuelson, 1959. "A Modern Treatment of the Ricardian Economy: II. CApital and Interest Aspects of the Pricing Process," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 73(2), pages 217-231.
    • Handle: RePEc:oup:qjecon:v:73:y:1959:i:2:p:217-231.
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    Cited by:

    1. Ormazabal Sánchez, Kepa Mirena, 2011. "A new look at Marx's refutation of Ricardo's refutation of the labor theory of value," IKERLANAK 2011-53, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
    2. O. A. Ð ntoncheva & T. E. Apanasenko, 2019. "Socialization of a Land Rent as a Way of Reconstruction of Social Structure for the Benefit of Ensuring Cost Efficiency," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 11.
    3. Akhabbar, Amanar & Lallement, Jerôme, 2011. "« Appliquer la théorie économique de l’équilibre général » : de Walras à Leontief [Applying general equilibrium theory: from Walras to Leontief]," MPRA Paper 30210, University Library of Munich, Germany.
    4. Ormazabal Sánchez, Kepa Mirena, 2011. "A new look at Marx's refutation of Ricardo's refutation of the labor theory of value," IKERLANAK 6258, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
    5. Freni, Giuseppe & Salvadori, Neri & Signorino, Rodolfo, 2019. "Structural change in a Ricardian world economy: The role of extensive rent," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 277-282.
    6. Muhammad Anas Zarqa, 2017. "Allocation of Investment in an Islamic Zero Interest Rate Economy تخصيص الاستثمار في اقتصادٍ إسلامي معدل الفائدة فيه صفر," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(1), pages 63-72, January.
    7. repec:abd:kauiea:v:30:y:2017:i:1:p:63-72 is not listed on IDEAS
    8. Reynolds, Douglas B., 2013. "Uncertainty in exhaustible natural resource economics: The irreversible sunk costs of Hotelling," Resources Policy, Elsevier, vol. 38(4), pages 532-541.
    9. Akhabbar, Amanar, 2013. "Samuelson and the Non-Substitution Theorem: Some Methodological Remarks," MPRA Paper 61760, University Library of Munich, Germany.

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