Ricardo's and Malthus's common error in their conflicting theories of the value of labour
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Antonella Stirati, 1994. "THE THEORY OF WAGES IN CLASSICAL ECONOmiCS," Books, Edward Elgar Publishing, number 417.
- Hueckel, Glenn, 1998. "Smith's Uniform “Toil and Trouble”: A “Vain Subtlety?”," Journal of the History of Economic Thought, Cambridge University Press, vol. 20(2), pages 215-233, June.
- Dorfman, Robert, 1989. "Thomas Robert Malthus and David Ricardo," Journal of Economic Perspectives, American Economic Association, vol. 3(3), pages 153-164, Summer.
- E. Paul Durrenberger, 2005. "Labour," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, chapter 8, Edward Elgar Publishing.
- Andrew Glyn, 2006.
"The corn model, gluts and surplus value,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(2), pages 307-312, March.
- Andrew Glyn, 2004. "The Corn Model, Gluts and Surplus Value," Economics Series Working Papers 194, University of Oxford, Department of Economics.
- Ferdinando Meacci, 2014. "From bounties on exportation to the natural and market price of labour: Smith versus Ricardo1," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 21(3), pages 392-420, June.
- Terry Peach, 2009. "Adam Smith and the Labor Theory of (Real) Value: A Reconsideration," History of Political Economy, Duke University Press, vol. 41(2), pages 383-406, Summer.
- Costabile, Lilia, 1983. "Natural Prices, Market Prices and Effective Demand in Malthus," Australian Economic Papers, Wiley Blackwell, vol. 22(4), pages 144-170, June.
- Rankin, Stephen C, 1980. "Supply and Demand in Ricardian Price Theory: A Re-interpretation," Oxford Economic Papers, Oxford University Press, vol. 32(2), pages 241-262, July.
- Ferdinando Meacci, 2012. "On Adam Smith's Ambiguities on Value and Wealth," History of Political Economy, Duke University Press, vol. 44(4), pages 663-689, Winter.
- Peach,Terry, 1993. "Interpreting Ricardo," Cambridge Books, Cambridge University Press, number 9780521260862, January.
- Salim Rashid, 1981. "Malthus' Principles and British economic thought, 1820–1835," History of Political Economy, Duke University Press, vol. 13(1), pages 55-79, Spring.
- Stirati, Antonella, 1995. "Smith's Legacy and the Definitions of the Natural Wage in Ricardo," Journal of the History of Economic Thought, Cambridge University Press, vol. 17(1), pages 106-132, April.
- Pierangelo Garegnani, 2024.
"The Classical Theory of Wages and the Role of Demand Schedules in the Determination of Relative Prices,"
Springer Studies in the History of Economic Thought, in: Roberto Ciccone (ed.), Capital Theory, the Surplus Approach, and Effective Demand, pages 297-303,
Springer.
- Garegnani, Pierangelo, 1983. "The Classical Theory of Wages and the Role of Demand Schedules in the Determination of Relative Prices," American Economic Review, American Economic Association, vol. 73(2), pages 309-313, May.
- Meacci, Ferdinando, 2011. "From bounties on exportation to the natural and market price of labour: Smith versus Ricardo," MPRA Paper 31153, University Library of Munich, Germany.
- Nerio Naldi, 2003. "Labour employed in production and labour commanded: a Ricardian conjecture," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 27(4), pages 547-562, July.
- Hueckel, G., 1997. "Smith's Uniform "Toil and Trouble": A "Vain Subtlety"?," Purdue University Economics Working Papers 1100, Purdue University, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Meacci, Ferdinando, 2013. "Say's Law," MPRA Paper 55495, University Library of Munich, Germany, revised Mar 2014.
- Signorino, Rodolfo, 2011. "David Ricardo on natural and market prices," MPRA Paper 39212, University Library of Munich, Germany.
- Madarász, Aladár, 2018. "A "túl elméleti" tőzsdeügynök: David Ricardo és az Alapelvek kétszáz éve ["Too theoretical" a stockjobber: 200 years of David Ricardo and his principles]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 449-483.
- Andrew Glyn, 2006.
"The corn model, gluts and surplus value,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(2), pages 307-312, March.
- Andrew Glyn, 2004. "The Corn Model, Gluts and Surplus Value," Economics Series Working Papers 194, University of Oxford, Department of Economics.
- Sergio Cesaratto, 2019. "Heterodox economics and Economic Anthropology: reflections prompted by two books," Department of Economics University of Siena 807, Department of Economics, University of Siena.
- Meacci, Ferdinando, 2004. "The competition-of-capitals doctrine and the wage-profit relationship," MPRA Paper 20118, University Library of Munich, Germany, revised 2006.
- repec:drm:wpaper:2013-39 is not listed on IDEAS
- Dimitris Pavlopoulos & Ruud Muffels & Jeroen Vermunt, 2010.
"Wage mobility in Europe. A comparative analysis using restricted multinomial logit regression,"
Quality & Quantity: International Journal of Methodology, Springer, vol. 44(1), pages 115-129, January.
- Pavlopoulos, Dimitris & Muffels, Ruud & Vermunt, Jeroen-K., 2005. "Wage Mobility in Europe. A Comparative Analysis Using restricted Multinomial Logit Regression," MPRA Paper 229, University Library of Munich, Germany.
- Brown, Alessio J.G. & Merkl, Christian & Snower, Dennis J., 2011.
"Comparing the effectiveness of employment subsidies,"
Labour Economics, Elsevier, vol. 18(2), pages 168-179, April.
- Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2006. "Comparing the effectiveness of employment subsidies," Kiel Working Papers 1302, Kiel Institute for the World Economy (IfW Kiel).
- Snower, Dennis & Merkl, Christian & Brown, Alessio, 2007. "Comparing the Effectiveness of Employment Subsidies," CEPR Discussion Papers 6334, C.E.P.R. Discussion Papers.
- Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2007. "Comparing the Effectiveness of Employment Subsidies," IZA Discussion Papers 2835, Institute of Labor Economics (IZA).
- Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2010. "Comparing the effectiveness of employment subsidies," Kiel Working Papers 1302 [rev.], Kiel Institute for the World Economy (IfW Kiel).
- Finn Valentin & Rasmus Jensen, 2007. "Effects on academia-industry collaboration of extending university property rights," The Journal of Technology Transfer, Springer, vol. 32(3), pages 251-276, June.
- Gernandt, Johannes & Maier, Michael & Pfeiffer, Friedhelm & Rat-Wirtzler, Julie, 2006. "Distributional effects of the high school degree in Germany," ZEW Discussion Papers 06-088, ZEW - Leibniz Centre for European Economic Research.
- Fabre, Alice & Pallage, Stéphane, 2015.
"Child labor, idiosyncratic shocks, and social policy,"
Journal of Macroeconomics, Elsevier, vol. 45(C), pages 394-411.
- Alice Fabre & Stéphane Pallage, 2011. "Child Labor, Idiosyncratic Shocks, and Social Policy," Cahiers de recherche 1115, CIRPEE.
- Alice Fabre & Stéphane Pallage, 2013. "Child Labor, Idiosyncratic Shocks, and Social Policy," AMSE Working Papers 1358, Aix-Marseille School of Economics, France, revised 05 Nov 2013.
- Alice Fabre & Stéphane Pallage, 2015. "Child Labor, idiosyncratic shocks, and social policy," Post-Print hal-01456112, HAL.
- Alice Fabre & Stéphane Pallage, 2013. "Child Labor, Idiosyncratic Shocks, and Social Policy," Working Papers halshs-00913666, HAL.
- Ryan, Lisa & Convery, Frank & Ferreira, Susana, 2006. "Stimulating the use of biofuels in the European Union: Implications for climate change policy," Energy Policy, Elsevier, vol. 34(17), pages 3184-3194, November.
- Meacci, Ferdinando, 2020.
"The Link Between Capital Accumulation And Increasing Wages In An Updated Version Of Smith’S Theory Of Population,"
Journal of the History of Economic Thought, Cambridge University Press, vol. 42(3), pages 385-400, September.
- Meacci, Ferdinando, 2020. "The Link Between Capital Accumulation and Increasing Wages in an Updated Version of Smith’s Theory Of Population," OSF Preprints hq7bf, Center for Open Science.
- Arango-Thomas, Luis Eduardo & Montenegro, Paola & Obando, Nataly, 2012.
"El desempleo en Pereira : ¿Solo cuestión de remesas?,"
Chapters, in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia : hechos, tendencias e instituciones, chapter 17, pages 711-749,
Banco de la Republica de Colombia.
- Luis Eduardo Arango & Paola Montenegro & Nataly Obando, 2011. "El desempleo en Pereira: ¿sólo cuestión de remesas?," Borradores de Economia 7871, Banco de la Republica.
- Luis Eduardo Arango & Paola Montenegro & Nataly Obando, 2011. "El desempleo en Pereira: ¿sólo cuestión de remesas?," Borradores de Economia 636, Banco de la Republica de Colombia.
- Parantap Basu, 2007. "Understanding Labour Market Frictions: A Tobin’s Q Approach," Money Macro and Finance (MMF) Research Group Conference 2006 35, Money Macro and Finance Research Group.
- Donatella Gatti & Christophe Rault & Anne-Gael Vaubourg, 2012.
"Unemployment and finance: how do financial and labour market factors interact?,"
Oxford Economic Papers, Oxford University Press, vol. 64(3), pages 464-489, July.
- Donatella Gatti & Anne-Gaël Vaubourg, 2009. "Unemployment and finance: how do financial and labour market factors interact?," Working Papers halshs-00566792, HAL.
- Donatella Gatti & Christophe Rault & Anne-Gaël Vaubourg, 2012. "Unemployment and finance: how do financial and labour market factors interact?," PSE-Ecole d'économie de Paris (Postprint) halshs-00846633, HAL.
- Donatella Gatti & Christophe Rault & Anne-Gael Vaubourg, 2010. "Unemployment and finance: how do financial and labour market factors interact?," William Davidson Institute Working Papers Series wp973, William Davidson Institute at the University of Michigan.
- Donatella GATTI & Christophe RAULT & Anne-Gaël VAUBOURG, 2009. "Unemployment and finance : how do financial and labour market factors interact ?," LEO Working Papers / DR LEO 101, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Gatti, Donatella & Vaubourg, Anne-Gaël, 2009. "Unemployment and Finance: How Do Financial and Labour Market Factors Interact?," IZA Discussion Papers 4075, Institute of Labor Economics (IZA).
- Donatella Gatti & Anne-Gaël Vaubourg, 2009. "Unemployment and finance: how do financial and labour market factors interact?," PSE Working Papers halshs-00566792, HAL.
- Donatella Gatti & Christophe Rault & Anne-Gael Vaubourg, 2009. "Unemployment and Finance: How do Financial and Labour Market Factors Interact?," CESifo Working Paper Series 2901, CESifo.
- Donatella Gatti & Anne-Gaël Vaubourg, 2009. "Unemployment and finance: how do financial and labour market factors interact?," CEPN Working Papers halshs-00566792, HAL.
- Donatella Gatti & Christophe Rault & Anne-Gaël Vaubourg, 2012. "Unemployment and finance: how do financial and labour market factors interact?," Post-Print halshs-00846633, HAL.
- Bellino, Enrico & Nerozzi, Sebastiano, 2013. "Causality and interdependence in Pasinetti's works and in the modern classical approach," MPRA Paper 52179, University Library of Munich, Germany.
- José Labeaga & Xisco Oliver & Amedeo Spadaro, 2008.
"Discrete choice models of labour supply, behavioural microsimulation and the Spanish tax reforms,"
The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 6(3), pages 247-273, September.
- José M. Labeaga, Xisco Oliver & Xisco Oliver & Amedeo Spadaro, "undated". "Discrete choice models of labour Supply, behavioural microsimulation and the Spanish tax reforms," Working Papers 2005-14, FEDEA.
- José M. Labeaga & Xisco Oliver & Amadéo Spadaro, 2005. "Discrete choice models of labour suppluy, behavioural microsimulation and the Spanish tax reform," Working Papers halshs-00590836, HAL.
- José M. Labeaga & Xisco Oliver & Amadéo Spadaro, 2008. "Discrete choice models of labour supply, behavioural microsimulation and the Spanish tax reforms," Post-Print halshs-00754269, HAL.
- José M. Labeaga & Xisco Oliver & Amadéo Spadaro, 2008. "Discrete choice models of labour supply, behavioural microsimulation and the Spanish tax reforms," PSE-Ecole d'économie de Paris (Postprint) halshs-00754269, HAL.
- José M. Labeaga & Xisco Oliver & Amadéo Spadaro, 2005. "Discrete choice models of labour suppluy, behavioural microsimulation and the Spanish tax reform," PSE Working Papers halshs-00590836, HAL.
- Yana van der Meulen Rodgers & Gunseli Berik, 2006. "Asia's Race to Capture Post-MFA Markets: A Snapshot of Labor Standards, Compliance, and Impacts on Competitiveness," Working Paper Series, Department of Economics, University of Utah 2006_02, University of Utah, Department of Economics.
- Pais, Joana & Pintér, Ágnes, 2008.
"School choice and information: An experimental study on matching mechanisms,"
Games and Economic Behavior, Elsevier, vol. 64(1), pages 303-328, September.
- Joana Pais & Ágnes Pintér, 2006. "School Choice and Information An Experimental Study on Matching Mechanisms," Working Papers Department of Economics 2006/14, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- Joana Pais & Agnes Pinter, 2007. "School Choice and Information. An Experimental Study on Matching Mechanisms," Labsi Experimental Economics Laboratory University of Siena 018, University of Siena.
More about this item
Keywords
Smith; Ricardo; Malthus; value of labour;All these keywords.
JEL classification:
- B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
- B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2014-05-24 (Business, Economic and Financial History)
- NEP-HME-2014-05-24 (Heterodox Microeconomics)
- NEP-HPE-2014-05-24 (History and Philosophy of Economics)
- NEP-PKE-2014-05-24 (Post Keynesian Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:55948. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.