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corn commanded
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Journal Article
History of Political Economy (2020) 52 (1): 171–190.
Published: 01 February 2020
...; and that is how I likewise interpret his transformation of the corn 174 History of Political Economy 52:1 (2020) commanded proxy for labor commanded into a labor embodied stan- dard by drawing attention to the supposedly constant labor cost/quantity in the production of corn: something that is irrelevant...
Journal Article
History of Political Economy (2009) 41 (2): 383–406.
Published: 01 June 2009
... value. Section 2 is devoted to that end.
Then, in section 3, I consider Smith’s attempts to associate (changes in)
the real price or real value of commodities with (changes in) the labor
expended on their production, leading ultimately to his abandonment of
the labor (and corn) commanded measure...
Journal Article
History of Political Economy (2000) 32 (2): 317–346.
Published: 01 June 2000
... 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...
Journal Article
History of Political Economy (2010) 42 (3): 403–424.
Published: 01 September 2010
...,
particularly silver.32 For the purpose of this, ultimately doomed, exercise,
Smith switches from a labor commanded to a corn commanded approxi-
mation to the real measure on the assumption of “nearly equal [i.e., con-
stant] quantities of labour” per unit of corn output (I.xi.e.28). But, to
finesse...
Journal Article
History of Political Economy (1994) 26 (3): 465–485.
Published: 01 September 1994
...
The argument that a high price of corn might improve the ability of the
laborer to command the “necessaries, conveniences and luxuries of life”
due to the relative price effect on a given corn wage forms a principal
argument in Malthus’s support for import restriction in the two pamphlets
published...
Journal Article
History of Political Economy (1977) 9 (3): 303–321.
Published: 01 September 1977
... of, say, a general increase in the demand for corn, the
worker’s money wage will not rise proportionately with the increased
price of corn. Instead, it will rise only enough to provide the worker
with the same command over corn as he had before.20
16. Principles of Political Economy, 2d ed...
Journal Article
History of Political Economy (1981) 13 (1): 01–18.
Published: 01 March 1981
... value] than silver, because, fro’m century to century, equal
quantities of corn will command the same quantities of labour more
nearly than equal quantities of silver” (I, 39).
These statements can reasonably be interpreted in the following
manner. The cost (= wage) of labour in terms...
Journal Article
History of Political Economy (1994) 26 (3): 487–499.
Published: 01 September 1994
...,
that is, with decelerating accumulation, maintaining that the laborer “will
receive more money wages but his corn wage will be reduced; and not
only his command of corn, but his general condition will be deteriorated,
Hollander / The “New View” Confirmed 497
by his finding it more difficult...
Journal Article
History of Political Economy (1976) 8 (4): 564–574.
Published: 01 November 1976
... be worked out independently of the whole theory of
relative prices. Hollander claims there is a definite tendency among
modern writers to accept this position and downplay the importance
of price effects to the Classical analysis. According to Hollander, the
widespread acceptance of the “corn...
Journal Article
History of Political Economy (2007) 39 (2): 307–312.
Published: 01 June 2007
... of supporting such
an increase had entirely ceased. (297)
“We cannot then,” Malthus concludes, “make the supposition of a natu-
ral and constant price of labour, at least if we mean by such a price, an
unvarying quantity of the necessaries of life.” On the other hand, the fall
in the real (corn) wage...
Journal Article
History of Political Economy (1996) 28 (1): 1–25.
Published: 01 March 1996
..., Smith appears to reverse himself and de-
part radically from his predecessors by coming down strongly on the side
of commutative justice.
Hont and Ignatieff (1983) have analyzed Smith’s position on the corn
trade at length. They conclude that for Smith, the rights of property must...
Journal Article
History of Political Economy (1969) 1 (2): 370–387.
Published: 01 June 1969
... the standard mode of “refuting”
Ricardo’s theory.
Nassau Senior, although sympathetic to many aspects of Ricardo’s
thought, nonetheless felt obliged to object to the causal sequence used
by Ricardo to relate the price of corn to the extension of cultivation
into marginal land.26 He suggests...
Journal Article
History of Political Economy (2005) 37 (2): 343–370.
Published: 01 June 2005
.... The local military commander sent his men to Mis-
sion Santa Clara with a pack train to buy corn. The military comman-
der assumed that the need of his troops would be enough to persuade
14. “Since I have been here, [tanning of leather] has produced 10,000 pesosWere-
ceive annually from Mexico...
Journal Article
History of Political Economy (1981) 13 (1): 55–79.
Published: 01 March 1981
.... Ricardianism has been taken to mean
some or all of the following: (a) an excessive reliance on abstract, de-
ductive models (Keynes, Schumpeter), (b) a dogmatic acceptance of
Say’s law (Keynes, Checkland), (c) the labor theory of value (Foxwell,
Meek), and (d) the corn model of economic growth...
Journal Article
History of Political Economy (1989) 21 (2): 231–251.
Published: 01 June 1989
... a similar question specifically about capital: “How can the
ownership of something which ultimately is not scarce, because augmentable by new pro-
.duction, command a rent?”
5. Pasinetti (1969, 519) states that in a one-commodity (corn) model the “inverse mon-
otonic relationship between...
Journal Article
History of Political Economy (1986) 18 (2): 187–235.
Published: 01 June 1986
... corn wages of labour will not generally lead to early mar-
riages . . .; . . . the great mass of [labourers] will not only have suf-
ficient means of subsistence, but be able to command no inconsiderable
quantity of those conveniences and comforts, which, at the same time...
Journal Article
History of Political Economy (2012) 44 (4): 663–689.
Published: 01 November 2012
... concepts. For, as Ricardo argues in an evident
attempt to prove that Smith contradicted himself, “a man is rich or poor,
according to the abundance of necessaries and luxuries which he can
command; and whether the exchangeable value of these for money, for
corn, or for labour, be high or low...
Journal Article
History of Political Economy (1978) 10 (2): 286–297.
Published: 01 June 1978
.... The discussion in the footnote on
pp. 317-19 of Torrens’ idea that costs of production can be rep-
resented by quarters of corn and suits of clothing also occurs in An
Elementary Treatise, pp. 109-10, and the idea that labour commanded
is “the only standard of the real value of every thing...
Journal Article
History of Political Economy (1969) 1 (2): 306–335.
Published: 01 June 1969
...,
when a sudden abundance and cheapness of corn and other com-
modities, from a great supply meeting a deficient demand, so
diminished the value of the income of the country, that it could
no longer command the same quantity of labour at the same price;
31. Definitions in Political...
Journal Article
History of Political Economy (1973) 5 (1): 050–071.
Published: 01 March 1973
... will
be reduced; and not only his command of corn, but his general condition will be
deteriorated . . .’ ’ (p. 102). Barkai has noticed this problem in Ricardo’s descrip-
tion of wage formation. He asserts that this difficulty caused Ricardo to come to
the fallacious conclusion that the share of [real...
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