Search Results for land theory of value

... Marxian Values and Competitive Prices.” Journal of Economic Literature 9 ( 1971 ): 399 -431. History of Political Economy 10:4 0 1978 by Duke University Press Cantillon versus Marx: the land theory...

... Petty.’ Scottish Journal of Political Economy 33 : 28 -45. Brems , H. 1978 . ‘Cantillon versus Marx: the land theory and the labour theory of value.’ History of Political Economy 10 : 669 -78. Cantillon , R. 1931 . Essai sur la nature du commerce en général (1755). Edited...

.... Several assessments of Cantillon's work do him a disservice by saddling him with a crude and unsatisfactory theory of value—specifically a “land-embodied” explanation of relative commodity values. That may at present be described as the dominant reading. While it is true that not all interpreters...

... . 3 ( Fall ): 337 -56. Blaug , M. 1985 . Economic Theory in Retrospect . Cambridge: Cambridge University Press. Brewer , A. 1988a . Cantillon and the Land Theory of Value. HOPE 20 . 1 ( Spring ): 1 -14. Brewer , A. 1988b . Cantillon and Mercantilism. HOPE 20 . 3...

...: University of California Press. Brems, Hans. 1978 . Cantillon versus Marx: The Land Theory and the Labor Theory of Value. HOPE 10.4 : 669 -78. Brewer, Anthony. 1988 . Cantillon and the Land Theory of Value. HOPE 20.1 : 1 -14. ____. 1992 . Richard Cantillon: Pioneer of Economic Theory...

... of capital and scarce land are considered, and he developed his prices-of-production theory and his theory of market values in volume three of Capital to handle these cases. Secondly, in the key chapter 24, entitled “Conversion of Surplus Value Into Capital,” in volume...

... Papers 41 . 2 : 356 -73. Brewer , A. 1987 . Turgot: Founder of Classical Economics. Economica 54 : 417 -28. Brewer , A. 1988a . Cantillon and the Land Theory of Value. HOPE 20 . 1 : 1 -14. Brewer , A. 1988b . Cantillon and Mercantilism. HOPE 20 . 3 : 447 -60...

..., George argued that increases in land value were inevitably due to social developments. That is, he believed that society “produced” all land value increments, including the very first increment which gave land its initial value. He concluded that since the product belongs to the producer...

...Heinz D. Kurz; Neri Salvadori Correspondence may be addressed to Neri Salvadori, Dipartimento di Scienze Economiche, Università di Pisa, Via Ridolfi 10, I-56124, Pisa, Italy. Duke University Press 2002 Dmitriev, V. K. [1898] 1974 . The Theory of Value of David Ricardo: An Attempt...

... Theory in Retrospect . 5th ed. Cambridge: Cambridge University Press. Brown, Harry Gunnison. 1943 . Anticipation of an Increment and the “Unearned Decrement” in Land Values. American Journal of Economics and Sociology 2 : 343 -57. Buchanan, James. 1975 . The Limits of Liberty . Chicago...

...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...

... and the Physiocrats advocated the same proposal, a single tax on land values. Galbraith too (1987, 53) stated that the produit net of the Phys- iocrats had a renaissance in the works of Henry George. George himself ([1879] 1954,423-24) wrote that the Physiocrats “proposed just what I have proposed; that all...

... set out in book 1 or with the theory of capital and reproduction set out in book 2. Thus, while in Smith’s book 1 (chapter 11) rent is “considered as the price paid for the use of land”9 or, in different terms, as that fraction of the e-value of the product of land (and labor...

... :354. 32. Mafx, Capital, 1 :51. 33.V. Baka.riC, “SLZ drugih osnova,” Ekonomska politika, no. 1’93 (8 Dec. 1955), pp. 975-79. 164 HISTORY OF POLITICAL ECONOMY put forward so far. Many of Marx’s specific theories such as his value and price theory, theory of land rent...

... Press. Young , Jeffrey 1986 . Natural Jurisprudence and the Impartial Spectator: A Reconsideration of Adam Smith's Theory of Value. HOPE 18 . 3 : 365 -82. Young , Jeffrey 1990 . David Hume and Adam Smith on Value Premises in Economics. HOPE 22 . 4 : 643 -57. Young , Jeffrey...

... the value of capital to be given exogenously.” 2. From a logical point of view there appears to be no principal difference within the framework of Wicksell’s supply-and-demand approach to the theory of income distribution between giving the amount of capital and giving the amounts of labor and land...

.... Brewer , A. 1985 . ‘Trade with fixed real wages and mobile capital.’ Journal of International Economics 18 : 177 –86. Brewer , A. 1988 . ‘Cantillon and the land theory of value.’ History of Political Economy 20 : 1 –14. Cantillon , R. 1964 . Essai sur la nature du commerce...

... from the labor time projected into the product by each agent. Since the land was not produced, it has no value and thus does not project value into the wheat crop. It can be ignored. The labor time projected into the wheat from the side of the workers can be com- puted in a straightforward...

... away and leave us with the pure labor theory of value P,IP, = a,/a,, having no factor prices in it. IV. Neoclassical Relative Price 1. The Smithian Trinity Once Again Cantillon ignored capital and Marx, land. Let us restore the full Smithian trinity of capital, labor...

... with other forms of land use, employing calculations that are in line with modern capital and investment theory. The emergence of this type of natural resource economic reasoning was stimulated by the extensive institutional and political changes in England in the latter part of the seventeenth century. Only...