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labor theory of value

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Journal Article
History of Political Economy (1982) 14 (4): 543–558.
Published: 01 November 1982
...): 67 -84. Foxwell , H. S. 1895 . A criticism of Lord Farrer on the monetary standard . London. Reprinted from the National Review, Jan. 1895. Gordon , Donald F. 1959 . “What was the labor theory of value?” American Economic Review 49 (May). Papers and Proceedings: 462 -72...
Journal Article
History of Political Economy (1982) 14 (2): 199–210.
Published: 01 June 1982
...), 15 , no. 6 ( 1974 ): 25 -51. History of Political Economy 14:2 0 1982 by Duke University Press The labor theory of value in the Ricardian theory of international trade Takashi Negish i...
Journal Article
History of Political Economy (1978) 10 (4): 669–678.
Published: 01 November 1978
... and the labor theory of value Hans Brems Mid-eighteenth and mid-nineteenth century economists alike tried to determine relative prices by relative absorptions of a single input. To the former, that input was land use; to the latter it was labor. Let the two schools...
Journal Article
History of Political Economy (1979) 11 (4): 545–571.
Published: 01 November 1979
...E. K. Hunt History of Political Economy 11:4 1979 by Duke University Press Utilitarianism and the labor theory of value: a critique of the ideas of William Thompson E. K. Hunt, University of Utah...
Journal Article
History of Political Economy (2011) 43 (4): 743–763.
Published: 01 November 2011
...Jorge Morales Meoqui With the famous numerical example of chapter 7 of the Principles (1817) David Ricardo intended to illustrate first and foremost the new proposition that his labor theory of value does not regulate the price of international transactions when the factors of production...
Journal Article
History of Political Economy (2020) 52 (1): 171–190.
Published: 01 February 2020
...Terry Peach This article provides a rebuttal of Roy H. Grieve’s critique of Peach 2009, “Adam Smith and the Labor Theory of (Real) Value: A Reconsideration.” It is shown that Grieve cannot represent accurately the position he purports to criticize, that his criticisms are directed at phantom...
Journal Article
History of Political Economy (2009) 41 (2): 383–406.
Published: 01 June 2009
...Terry Peach This article questions the widely held opinion that Adam Smith confined his use of a labor theory of exchangeable value to an “early and rude state of society” in which independent laborers exchange the surplus products of their labor. It is argued that Smith did not explicitly disavow...
Journal Article
History of Political Economy (1971) 3 (1): 152–169.
Published: 01 March 1971
...Alexander Bajt Copyright © 1971 by Duke University Press 1971 Labor as Scarcity in Marx’s Value Theory: An Alternative Interpretation Alexander Bajt MAR~~SCa.pital is a voluminous work. Together its four volumes comprise over 4,000 pa.-ges.l...
Journal Article
History of Political Economy (2008) 40 (4): 595–611.
Published: 01 November 2008
...Francisco L. Lopes This paper tackles the puzzle of Ricardo's stubborn commitment to a labor theory of value that he himself saw as no more than an approximation to reality and which was heavily opposed by Malthus, his most respected contemporary. We show it is wrong to think that the theory...
Journal Article
History of Political Economy (2019) 51 (4): 753–777.
Published: 01 August 2019
...Roy H. Grieve In a recent paper Terry Peach argues that Adam Smith found no reason to limit application of the labor-embodied theory of value to the early and rude state of society. According to Peach, Smith—having found a problem in employing the labor-commanded measure of value in the case...
Journal Article
History of Political Economy (1984) 16 (3): 423–430.
Published: 01 September 1984
... in a technologically based theory of value which neglects the element of demand: fixed technical coefficients, no choice of technique or joint products, and the uniformity of the vector of labor consumption across all industries and individuals. Thus having disposed of the law of dimin- ishing returns...
Journal Article
History of Political Economy (1995) 27 (1): 159–165.
Published: 01 March 1995
... of rent, the concentration and centralization of capital, and crises. More complete discussions of all these issues can be found in Foley 1986. Labor Theory of Value and Exploitation Marx took the labor theory of value from Ricardo and Smith as the ac- cepted, dominant economic theory of his...
Journal Article
History of Political Economy (1984) 16 (3): 431–436.
Published: 01 September 1984
... as we presented it. As a result, he has misinterpreted our argument and thereby criticized it as a conventional defense of ‘the’ labor theory of value. To recapitulate, we do not view Mam’s transformation in the traditional manner as an exercise in deduction in which competitive production...
Journal Article
History of Political Economy (1982) 14 (1): 128–130.
Published: 01 March 1982
.... This book places itself directly in the context of the reinterpretation of Marx’s theory of value from the vantage point of Sraffa’s Production of Com- modities hy Means of Commodities. Using the tools of ‘commodity production theory,’ it argues that traditional Marxian labor values are not viable...
Journal Article
History of Political Economy (1977) 9 (3): 322–345.
Published: 01 September 1977
... as the history of socialist ideas. He is nearly always portrayed as a left-wing propagator of David Ricardo’s labor theory of value-a “Ricardian Socialist”-who de- veloped the radical implications of that theory and then passed on his version of the labor theory to Karl Marx. Marx, in turn...
Journal Article
History of Political Economy (1970) 2 (2): 398–418.
Published: 01 June 1970
... in 1893 under Carl Menger and Philippovich. He mastered Marx’s labor theory of value, Viennese marginalism, and Philippovich ’8 principles of welfare economics, all in the same years.’ His training in marginalism stood the Austrian Marxists in good stead when they had to defend Marxism...
Journal Article
History of Political Economy (1981) 13 (4): 855–857.
Published: 01 November 1981
... and weaknesses of the book probably reflect Fischer’s aca- demic training. He is a philosopher who has devoted considerable attention to the ideas of Marx and his philosophical precursors. The philosophical and social elements of Marx’s labor theory of value are very capably and in- sightfully...
Journal Article
History of Political Economy (1985) 17 (1): 73–95.
Published: 01 March 1985
... Gesamtausgabe (MEGA) . Frankfurt and Berlin, 1927–1932 . McLellan , David 1973 . Karl Marx: his life and thought . New York. Meek , Ronald L. 1956 . Studies in the labor theory of value . New York. Menger , Anton 1962 . The right to the whole produce of labour (1899). Reprinted...
Journal Article
History of Political Economy (1969) 1 (1): 67–84.
Published: 01 March 1969
... Keynes had in mind. It was that Ricardo, by his unfortunate phrasing of the labor theory of value, had encouraged socialism: I am more and more impressed, as I study the literature of socialism, with the far-reaching, disastrous consequences of the 4. William Thompson, Labor...
Journal Article
History of Political Economy (1994) 26 (4): 629–647.
Published: 01 November 1994
... of David Ricardo. I begin with an account of arguments made by various conservative economists (Stigler, Blaug, Cassels, Samuel Hollander, and others) against the view (tradi- tional prior to Stigler’s 1958 article “Ricardo and the 93 Per Cent Labor Theory of Value”) that Ricardo’s labor theory...