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surplus

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Journal Article
History of Political Economy (1996) 28 (3): 513–523.
Published: 01 September 1996
... international trade giving value to surplus joint products. However, it is not plausible as an explanation of the surpluses Smith was describing in his discussion regarding Great Britain.5 To make this clear, I will argue three points. First, the above passage was meant only as an explanation for...
Journal Article
History of Political Economy (1999) 31 (2): 213–236.
Published: 01 June 1999
... Economic Review 73 . 2 : 309 -13. Garegnani , Pierangelo . 1984 . Value and Distribution in Classical Economists and Marx. Oxford Economic Papers 36 . 2 : 291 -325. Garegnani , Pierangelo . 1987 . Surplus Approach to Value and Distribution. In vol. 4 of The New Palgrave: A Dictionary...
Journal Article
History of Political Economy (2002) 34 (1): 225–236.
Published: 01 March 2002
... Retrospect . 5th ed. Cambridge: Cambridge University Press. ____. 1999 . Misunderstanding Classical Economics: The Sraffian Interpretation of the Surplus Approach. HOPE 31.2 : 213 -36. Clark, John Bates. [1899] 1965 . The Distribution of Wealth: A Theory of Wages, Interest, and Profits . New York...
Journal Article
History of Political Economy (2002) 34 (1): 237–240.
Published: 01 March 2002
... . Cambridge: Cambridge University Press. Kurz and Salvadori on the Sraffian Interpretation of the Surplus Approach Mark Blaug When intelligent historians differ in their interpretation of the past, the principal reason they do so is that they differ in the very purpose of historical explanation or...
Journal Article
History of Political Economy (1973) 5 (2): 438–448.
Published: 01 June 1973
... surpluses are the same, one country’s home demand for the other’s product is less than the amount of surplus the other country can differences in cost. One thinks at once of the trade between the temperate zones and the tropics.” STALEY ADAM SNITH’S VENT FOR SURPLUS...
Journal Article
History of Political Economy (1985) 17 (3): 419–454.
Published: 01 September 1985
... Surpluses,” American Economic Review 62 : 942 -952. Burns , M. E. , 1973 . “A Note on the Concept and Measure of Consumer's Surplus.” American Economic Review 63 : 335 -344. Reaume , D. M. , 1973 . “Cost-Benefit Techniques and Consumer Surplus: A Clarificatory Analysis.” Public...
Journal Article
History of Political Economy (1986) 18 (3): 443–454.
Published: 01 September 1986
...: a note on the Marxian notion of surplus Pier Luigi Porta 1. The sources of Sraffa’s analysis The Standard commodity studied by Piero Sraffa’ has generally been associated with Ricardo’s analysis of value. As a result it has sometimes been interpreted as little more than a...
Journal Article
History of Political Economy (1986) 18 (3): 455–462.
Published: 01 September 1986
... commodity and the Marxian theory of surplus: a comment Peter Groenewegen Porta’s article needs to be seen as one in a series questioning the Sraffa interpretation of Ricardo on the ground that it is a hindsight reading con- structed essentially from developing Marx’s views on the subject...
Journal Article
History of Political Economy (2015) 47 (4): 577–603.
Published: 01 December 2015
... surpluses exist because there is a market for them. They would not be produced without a market. An effective demand is the precondition for the production of a surplus. In this way, Smith describes the division of labor in different human societies as an exchange of surplus produce, starting...
Journal Article
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
..., as a consequence, can we identify the areas under the demand curve and above the supply curve, respectively, as corresponding to aggregate social surpluses. But if this is the case, how can we say that market equilibrium corre- sponds to the maximization of social surplus? Total social...
Journal Article
History of Political Economy (2008) 40 (4): 613–632.
Published: 01 November 2008
... transaction and consumer surplus or rent, both of which were expressed exclusively in terms of money transfers. Later on, Marshall moved toward an explicitly utilitarian framework by emphasizing the marginal utility of money, possibly because he had stumbled on the problem of the determinateness of marginal...
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 (2011) 43 (3): 591–605.
Published: 01 September 2011
...Pierangelo Garegnani Ten years on, Professor Blaug has returned to a subject on which his 1999 article, “Misunderstanding Classical Economics: The Sraffian Interpretation of the Surplus Approach,” stirred up lively debate. The subject is, as he puts it, “Sraffian economics,” and his 2009 paper is a...
Journal Article
History of Political Economy (2013) 45 (suppl_1): 279–311.
Published: 01 December 2013
...Philip Mirowski; Edward Nik-Khah We explore recent arguments that economists may not serve to enlighten their publics so much as foster surplus confusion and doubt concerning controversies in their areas of expertise, particularly with regard to the recent worldwide economic crisis. After...
Journal Article
History of Political Economy (2013) 45 (3): 475–504.
Published: 01 September 2013
... satisfactorily resolving it. This article addresses the question by linking Marx’s omission to a larger set of revisions made to arguments he developed in earlier drafts of Capital . It identifies two distinct theoretical accounts of the phenomenon of surplus value in these drafts, based respectively on Marx’s...
Journal Article
History of Political Economy (2016) 48 (3): 449–470.
Published: 01 September 2016
... Karl Kautsky. The writing of the article was motivated by the publication, the previous year, of the third volume of Theories of Surplus-Value , containing Marx's analysis of the work of Richard Jones, as well as by the simultaneous appearance of a German edition of Thomas Mun's England's Treasure by...
Journal Article
History of Political Economy (2018) 50 (S1): 172–190.
Published: 01 December 2018
... . Copyright © 2018 Duke University Press 2018 Lewis classical economics surplus capital duality References Agarwala A. Singh S. , eds. 1958 . The Economics of Underdevelopment . London : Oxford University Press . Barber William J. 1967 . A History of Economic...
Journal Article
History of Political Economy (2018) 50 (1): 83–117.
Published: 01 March 2018
... and use of the cyclically adjusted budget estimate exist. Correspondence may be addressed to ocostantini@ineteconomics.org . Copyright © 2018 Duke University Press 2018 cyclically adjusted budget high employment budget full employment surplus Stockholm school Keynesian economics...
Journal Article
History of Political Economy (1979) 11 (2): 286–302.
Published: 01 June 1979
... the Critique of Political Economy (Rough Draft) . Ed. and trans. M. Nicolaus. London, 1973 . Marx , K. Theories of Surplus Value , ed. S. Ryazanskaya, trans. E. Burns, three volumes (Progress Publishers, Moscow, 1963–71 ). Marx , K. , and F. Engels Werke , vol. 31. Berlin, 1965...
Journal Article
History of Political Economy (1991) 23 (3): 551–552.
Published: 01 September 1991
...Steven Pressman Gianni Vaggi. Durham: Duke University Press, 1987. 247 pp. $37.50. Copyright © 1991 by Duke University Press 1991 Book Reviews 551 Surplus in Modern Perspective” John S. Chipman considers the issues concern- ing...