Ricardo - The New View: Collected Essays I Tapa dura - 1996

Primera línea

This essay is concerned with the early account (1813-15) provided by Ricardo of the principles governing the general rate of profit, the characteristic feature of which is defined in the celebrated proposition that 'it is the profits of the farmer which regulate the profits of all other trades'.

Descripción de contraportada

This volume contains twenty of Hollander's papers on the economics of David Ricardo. They explicate and defend his interpretation against criticism from conventional marginalists on the one hand and neo-Ricardians on the other. His central position is that Ricardo must be placed in an analytical line leading from Adam Smith to Alfred Marshall and beyond. These thinkers perceived of pricing in terms of the co-ordination of decentralized economic activities entailing the interaction of product and factor markets; market forces were seen by Ricardo as dictating the secular paths of the wage and profit rates subject to the scarcity of land. The volume includes essays on Sraffa's famous 'rational reconstruction' of the early Ricardo in terms of the Corn Profit model; responses to reviewers of The Economics of David Ricardo; Ricardian micro economics and growth theory; and, Ricardo's reception by his contemporaries and near contemporaries providing further evidence of the 'continuity thesis'. The collection provides the material necessary to evaluate this most controversial of contributions to the history of economic thought.