Format:
1 online resource (241 pages)
Edition:
1st ed.
ISBN:
9780415128780
,
9780203434222
Series Statement:
Routledge Studies in the History of Economics Series
Content:
Examines the origin and early development of the classical theory of distribution up to 1767, stressing the concept of economic `surplus' as a key determinant of economic phenomena
Note:
Cover -- Title -- Copyright Page -- Dedication -- Contents -- Preface -- Acknowledgements -- Note on citation practice -- 1 INTRODUCTION -- 1.1 What is classical economics? -- 1.2 The formation of the surplus approach -- 2 THE LIFE OF PETTY IN RELATION TO HIS ECONOMICS -- 2.1 Earth life -- 2.2 Ireland and the Down Survey -- 2.3 Activities, 1659-87 -- 2.4 Temperament, activities and intellectual work -- 2.5 Why economics? -- 3 ECONOMIC SURPLUS AND THE SOCIAL DIVISION OF LABOUR: THE ECONOMICS OF PETTY -- 3.1 Fundamental ideas: three models of production -- 3.2 Economic and social reform -- 3.3 Foreign trade and money -- 3.4 Material progress -- 3.5 Political arithmetic -- 3.6 Value and distribution -- 3.7 The founding of the classical surplus approach -- 4 METHODOLOGICAL AND POLITICAL BASES OF PETTY'S ECONOMICS -- 4.1 Intellectual background -- 4.2 Petty's methodological intentions: mathematical method and 'sensible' concepts -- 4.3 Political intention: the purpose of politico-economic analysis -- 4.4 The debt to Hobbes -- 4.5 The utility of science -- 5 THE THEORY OF PRODUCTION AND DISTRIBUTION IN CANTILLON'S ESSAI -- 5.1 Production and allocation of surplus -- 5.2 Distribution, intrinsic value and market price -- 5.3 Money and interest -- 5.4 Conclusion -- 6 THE SIGNIFICANCE OF VALUE PARITY IN PETTY AND CANTILLON -- 6.1 Petty's 'Natural Par between Land and Labour' -- 6.2 Cantillon's 'Equation de la Terre andamp -- du travail' -- 6.3 The relation between value parity in Petty and Cantillon -- 6.4 The significance of value parity -- 7 PETTY-CANTILLON-QUESNAY: THE FORMATION OF THE SURPLUS APPROACH -- 7.1 Concepts of surplus -- 7.2 Monetary circulation -- 7.3 Capital and profits -- 7.4 The formation of the surplus approach -- 8 WAGES, PRICES AND ECONOMIC SURPLUS IN STEUART'S PRINCIPLES -- 8.1 Competition and prices -- 8.2 Wages and subsistence
,
8.3 Real values, profits and equilibrium prices -- 8.4 Incomes and surplus outputs -- 8.5 A summing up -- 9 DEVELOPMENTS IN THE THEORY OF DISTRIBUTION AND VALUE, 1662-1767 -- 9.1 The Petty-Cantillon heritage -- 9.2 Three concepts of profit -- 9.3 Value and competition -- 9.4 The fate of political arithmetic -- 10 ADAM SMITH AND AFTER -- 10.1 Mature classical economics -- 10.2 Classical versus marginalist theory -- 10.3 A generalization of the classical surplus approach -- 10.4 Developments from Sraffa and Keynes -- APPENDIX A: Petty's writings -- APPENDIX B: Contents of the 'Supplement' to Cantillon's Essai -- Notes -- References -- Index
Additional Edition:
Print version Aspromourgos, Tony On the Origins of Classical Economics Oxford : Taylor & Francis Group,c1995 ISBN 9780415128780
Language:
English
Keywords:
Electronic books
URL:
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