...Michael J. Gootzeit Copyright © 1973 by Duke University Press 1973 The Corn Laws and Wage Adjustment in a §hart-Run Ricardian Model Michael J. Gootzeit THEREare several vantage points from which...

...Samuel Hollander Copyright © 1977 by Duke University Press 1977 This content is made freely available by the publisher. It may not be redistributed or altered. All rights reserved. Ricardo and the Corn Laws: a revision Samuel Hollander I was delighted to observe in your book...

...Charles G. Leathers; Mark Perlman Book reviews 299 Corn, Cash, Commerce: The Economic Policies of the Tory Governments, 2815-1830. By Boyd Hilton. Oxford Historical Monographs. Oxford: Ox- ford University Press, 1977. Pp. ix, 338...

...Matthew Smith This article examines Thomas Tooke's (1773–1858) position on the English Corn Laws from 1815 until their repeal in 1846. It shows that like most classical economists, Tooke was a strong supporter of free trade who vehemently opposed the Corn Laws, believing that they generally...

... 10.1215/00182702-2008-011 From the Corn Laws to Free Trade: Interests, Ideas, and Institutions in His- torical Perspective. By Cheryl Schonhardt-Bailey. Cambridge: MIT Press, 2006. xiii; 426 pp. $47.50. Why did the British Conservative party split in 1846 over the repeal of the Corn Laws...

...Neri Salvadori; Rodolfo Signorino This article proposes a rational reconstruction of the arguments of Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits , whereby a policy of free corn trade was repudiated and endorsed, respectively. Malthus envisaged defense...

... proposal in his 1815 pamphlet, Grounds of an Opinion . Malthus (1803) argued that the contemporary British unbalanced and manufacturing export–led growth pattern was not sustainable in the long term; accordingly, he proposed food self-sufficiency as a safer long-term policy option than free foreign corn...

...Giuseppe Freni; Neri Salvadori; Rodolfo Signorino Malthus’s main economic argument against free corn trade in his Essay on Population concerned the issue of structural change triggered by international trade. Malthus claimed that, in the long run, agricultural countries will develop their domestic...

.... Revealingly, in describing the microdynamics of market price formation, prominent neoclassical utilitarians such as Marshall, with his description of a “corn-market in a county town,” and Böhm-Bawerk with his farmers’ horse market, reverted to this classical reservation-value framework. Neoclassical Supply...

... the economic life of a different country and to deepen his knowledge of the economic consequences of parliamentarism or the Corn Laws. He also developed a specific understanding of the changes occurring in Britain stressing economies of scale, the role of coal for steam, and the horrific situation...

...Figure 1. Percentage of total corn acreage planted with hybrid seed. (Source: USDA, Agricultural Statistics , various years.) ...

... errors are my own. Copyright © 1994 by Duke University Press 1994 References Casarosa , C. 1978 . A New Formulation of the Ricardian System Oxford Economic Papers 30 . 1 : 38 -63. Faccarello , G. 1982 . Sraffa versus Ricardo: The Historical Irrelevence of the “Corn-Profit...

...: A Reconsideration. HOPE, this issue. Hollander , Samuel . 1975 . Ricardo and the Corn Profit Model: Reply to Eatwell Economica 42 ( May ): 188 -202. Hollander , Samuel . 1979 . The Economics of David Ricardo . Toronto: University of Toronto Press. Hollander , Samuel . 1990...

... for the equalization of profits and wages across different sectors, except for the “natural” equalizing differences that are allowed, served two roles. First, it was required for a general theory of profits. Diminishing returns with some equilibrium real wage rate only deter- mined profits in the corn sector...

... about wages in his analysis of economic instability. True, he admitted that wages are flexible, but only after the expansion of contraction is really under way; until then, money wages lag behind changes in money prices, especially the money price of corn. Second...

... that it is indeed wrong to say that the labor theory of value was of no analytical use to Ricardo. Quite the contrary, it was a very con- venient way to protect the line of argument of Principles from the criti- cism that had been used by Malthus against the Essay on the Infl uence of a Low Price of Corn...

... of Economic Thought. American Economic Review 82 . 3 : 650 -59. Malthus , T. R. 1815 . The Grounds of an Opinion on the Policy of Restricting the Importance of Foreign Corn . London: John Murray. Malthus , T. R. . 1824 . Political Economy. Quarterly Review 30 . 60 ( January ): 297...

... forge this connecting chain, however, we must attend to the alteration that Smith made to his measuring unit to better suit it to his purpose. The Corn-Commanded Proxy At the same point that he promises to “hereafter . . . make several...