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Author: Ajit Sinha
Publisher: Palgrave Macmillan
ISBN: 9783030023201
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
“This volume revisits the foundations of classical political economy and outlines on that basis a new research paradigm. Ajit Sinha presents an extremely ambitious and challenging work that opens new and invaluable vistas on classical economic theory and economics at large.” Roberto Scazzieri, Professor of Economic Analysis, University of Bologna and National Lincei Academy, Italy. “For a quarter of a century Ajit Sinha has worked on the classical theory of value, reinterpreting Adam Smith, David Ricardo and Karl Marx in terms of his own original, and often contested, interpretation of Piero Sraffa. This fascinating volume brings together several of Sinha's most perceptive and most contentious papers. Always scholarly, stimulating and provocative, it is essential reading for anyone with an interest in classical value theory.” John King, Emeritus Professor, La Trobe University, Australia. This collection of essays invites the reader to trace the intellectual journey of the author from his early incisive exploration and critique of key categories in Marxian economics, through his insights into classical economic theory, culminating in his pioneering and definitive reading of the economics of Sraffa. Where the author’s position has significantly changed he provides notations and explanations, and the addition of two new chapters written especially for this volume complete the scholarly journey. Following three decades worth of study, this book brings together a set of important contributions that not only give historical perspective but makes them convenient and accessible for students and researchers today.
Author: Ajit Sinha
Publisher: Routledge
ISBN: 113619861X
Category : Business & Economics
Languages : en
Pages : 431
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Book Description
This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. The author focuses on four, perhaps most critical, classics, viz., Adam Smith’s Wealth of Nations, David Ricardo’s Principles of Political Economy, Karl Marx’s Capital and Piero Sraffa’s Production of Commodities by Means of Commodities. The book highlights several significant differences in the theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It throws fresh light on some old questions while introducing new, controversial interpretations in the literature surrounding it. It is unique in its organisation as it first presents the author’s close reading of the theories of value and distribution in the four classics and then critically engages with the major alternative interpretations and criticisms of the theories discussed therein. Bringing original insights on theoretical positions, the book challenges canonical interpretations so as to discuss and analyse the flaws and weaknesses, in addition to the already obvious strengths, of widely celebrated theories. The theories discussed here emerge from questions like: what role does demand or human psychology play in the determination of value in classical theory? Do classical economists determine the distribution of income within the context of a theory of prices and resource allocation? What role does the notion of ‘equilibrium’ play in classical theory and the theory of Sraffa? It will appeal to academics and students of economic theory and philosophy, as well as to the general reader.
Author: Ajit Sinha
Publisher: Palgrave Macmillan
ISBN: 9783030023201
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
“This volume revisits the foundations of classical political economy and outlines on that basis a new research paradigm. Ajit Sinha presents an extremely ambitious and challenging work that opens new and invaluable vistas on classical economic theory and economics at large.” Roberto Scazzieri, Professor of Economic Analysis, University of Bologna and National Lincei Academy, Italy. “For a quarter of a century Ajit Sinha has worked on the classical theory of value, reinterpreting Adam Smith, David Ricardo and Karl Marx in terms of his own original, and often contested, interpretation of Piero Sraffa. This fascinating volume brings together several of Sinha's most perceptive and most contentious papers. Always scholarly, stimulating and provocative, it is essential reading for anyone with an interest in classical value theory.” John King, Emeritus Professor, La Trobe University, Australia. This collection of essays invites the reader to trace the intellectual journey of the author from his early incisive exploration and critique of key categories in Marxian economics, through his insights into classical economic theory, culminating in his pioneering and definitive reading of the economics of Sraffa. Where the author’s position has significantly changed he provides notations and explanations, and the addition of two new chapters written especially for this volume complete the scholarly journey. Following three decades worth of study, this book brings together a set of important contributions that not only give historical perspective but makes them convenient and accessible for students and researchers today.
Author: Ingrid Hahne Rima
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 144
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Book Description
Beginning with a re-evaluation of mercantilism, this volume continues with papers on stoicism in the work of Adam Smith, Smith's use of the word natural, a game-theoretical evaluation of the Theory of Moral Sentiments and Wealth of Nations, a textual reinterpretation of Smith's wage theories and the important role of institutions in J.S. Mill's economic analysis. The papers in this collection cover both Smithian classicism and the Ricardo-Marx-Sraffa classicism which is represented here by four papers on the work of Krishna Bharadwaj, a contemporary interpreter of this variant of the classical tradition.
Author: Krishna Bharadwaj
Publisher: Taylor & Francis
ISBN: 1315385856
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
The essays in this volume, first published in 1989, seek to re-examine an important area of economic theory: value and distribution. In a sustained and analytical critique, two principle methodological approaches are compared and distinguished: the Classical or ‘surplus-based’ theories and the demand-and-supply-based equilibrium (DSE) theories. Although the essays are primarily concerned with value and distribution, the critique necessarily extends to the theory of output and employment, and in general, to the theory of trade and accumulation. The book will be an invaluable reader for students of economic thought, capital theory and Marxian political economy.
Author: Jeffrey T Young
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
Author: Heinz-Dieter Kurz
Publisher: Psychology Press
ISBN: 9780415158718
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
The classical approach to economic problems, which can be traced back to Adam Smith and David Ricardo, has been revived in recent years. The essays in this collection argue that this classical approach holds the key to an explanation of important present-day economic phenomena. The study opens with a clarification of what is meant by classical economics and examines how modern methods of economic analysis are related to the works of the classical economists. Chapters deal with the problem of economic growth and foreign trade. Contributors attempt to show that both the von Neumann growth model and the new theories of endogenous growth belong to the classical tradition. They also consider the work of Piero Saffra and clarify some of the more difficult aspects of his analysis. The (un)importance of the labour theory of value in classical thinking is reviewed and the work closes with observations on the critique of classical theory.
Author: Tiago Camarinha Lopes
Publisher: BRILL
ISBN: 9004504222
Category : Social Science
Languages : en
Pages : 236
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Book Description
In Law of Value and Theories of Value, Tiago Camarinha Lopes presents the genesis of Karl Marx’s understanding of the law of value by showing that Classical and Neoclassical economics are equally hit by Marx’s Critique of Political Economy.
Author: Ajit Sinha
Publisher: Taylor & Francis
ISBN: 0429807716
Category : Business & Economics
Languages : en
Pages : 397
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Book Description
This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. The author focuses on four, perhaps most critical classics — Adam Smith’s Wealth of Nations, David Ricardo’s Principles of Political Economy, Karl Marx’s Capital and Piero Sraffa’s Production of Commodities by Means of Commodities. The book highlights several significant differences in the widely celebrated theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It also challenges canonical interpretations to analyse their flaws and weaknesses, in addition to the already obvious strengths, and critically engages with the major alternative interpretations and criticisms of the theories. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader.
Author: Lewis Ayres
Publisher: Taylor & Francis
ISBN: 1000944220
Category : Literary Criticism
Languages : en
Pages : 393
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Book Description
Ian Kidd, of the University of St. Andrews, Scotland, has long been known as a world-class scholar of ancient philosophy and of Posidonius, in particular. Through his long struggle with the fragments of Posidonius, Kidd has done more than any other scholar of ancient philosophy to dispel the myth of "Pan-Posidonianism." He has presented a clearer picture of the Posidonius to whom we may have access. The Passionate Intellect is both a Festschrift offered to Professor Kidd and an important collection of essays on the transformation of classical traditions. The bulk of this volume is built around the theme of Kidd's own inaugural lecture at St. Andrews, "The Passionate Intellect." Many of the contributions follow this theme through by examining how individual people and texts influenced the direction of various traditions. The chapters cover the whole of the classical and late antique periods, including the main genres of classical literature and history, and the gradual emergence of Christian literature and themes in late antiquity. Many of the papers naturally concentrate on ancient philosophy and its legacy. Others deal with ancient literary theory, history, poetry, and drama. Most of the papers deal with their subjects at some length and are significant contributions in their own right. The contributors to this collection include key figures hi contemporary classical scholarship, including: C. Carey (London); C. J. Classen (Gottingen); J. Dillon (Dublin); K. J. Dover (St. Andrews); W. W. Fortenbaugh (Rutgers); H. M. Hine (St. Andrews); J. Mansfeld (Utrecht); R. Janko and R. Sharpies (London); and J. S. Richardson (Edinburgh). This book will be invaluable to philosophers, classicists, and cultural historians.
Author: Krishna Bharadwaj
Publisher: Allen & Unwin Australia
ISBN:
Category : Business & Economics
Languages : en
Pages : 584
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Book Description
