The Elgar Companion to Classical Economics

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Editorial Reviews

This two-volume reference draws together the most important issues in the field to provide a thorough analytical and historical treatment of both old and modern classical economics. Almost 200 entries in a dictionary format provide not only portraits of all the major contributors but essays on major interpreters and critics of classical economics and thought in countries around the world. Each entry is cross referenced with suggestions for further reading. No index. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9781858982823
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/1998
  • Series: Elgar Original Reference Series
  • Pages: 1056
  • Product dimensions: 6.40 (w) x 9.60 (h) x 2.50 (d)

Table of Contents

Volume I
List of contributors to this volume and their entries viii
Introduction xiii
Absolute Value and the Invariable Measure of Value 1
Abstract Labour and Money 6
Accumulation of Capital 10
Autarky versus Trade 18
Babbage, Charles 24
Basics, Non-basics 28
Bentham, Jeremy 31
Bohm-Bawerk, Eugen von, as an Interpreter of the Classical Economists 35
Boisguilbert, Pierre Le Pesant de 40
Bortkiewicz, Ladislaus von 46
Bullionist Debate 50
Cambridge Controversy on the Theory of Capital 57
Cannan, Edwin, as an Interpreter of the Classical Economists 65
Cantillon, Richard 70
Capital 74
Capital, Controversies in the Theory of 83
Chaotic Models 92
Charasoff, Georg von 96
Choice of Technique 100
Circular Flow 106
Classical Economics and Marginalism 117
Classical Economics in France 122
Classical Economics in German-speaking Countries 128
Classical Economics in Italy 136
Classical Economics in Japan 143
Classical Economics in Russia 149
Classical Economics in Spain and Portugal 154
Classical Political Economy 159
Commodity 165
Comparative Advantage 170
Competition 174
Condillac, Etienne Bonnot, L'Abbe de 179
Condorcet, Marie-Jean-Antoine-Nicolas Caritat de 184
Consumption 188
Corn Model 194
Cost Minimization 197
Cumulative Causation 202
Decreasing Returns 209
Development 213
Division of Labour 217
Dmitriev, Vladimir Karpovich 222
Dobb, Maurice Herbert, as an Interpreter of the Classical Economists 227
Dynamics 230
Early Mathematical Formulations in English-speaking Countries 235
Effective Demand 241
Effectual Demand 243
Employment 248
Environment 253
Equilibrium 259
Existence of Equilibria in Linear Models of Growth 263
Expanded Reproduction 268
Exploitation 274
Extensive and Intensive Rent 279
Externalities 284
Falling Rate of Profit 292
Fixed and Circulating Capital: Analytical Aspects 296
Fixed and Circulating Capital: Historical Aspects 303
Foreign Trade 308
Free Disposal and the 'Rule of Free Goods' 313
Galiani, Ferdinando 317
General Glut Controversy 320
Given Quantities 325
Global North-South Models 329
Gold Standard 334
Goodwin Models 338
Government Expenditure and Economic Destabilization 344
Gravitation 351
Growth 356
Hicks, John Richard, as an Interpreter of the Classical Economists 365
Hollander, Jacob Harry, as an Interpreter of the Classical Economists 372
Homo Oeconomicus 377
Hume, David 381
Hutcheson, Francis 386
Income 390
Income Distribution 394
Increasing Returns 399
Individualism 405
Innovation 410
Input-Output Analysis 415
Institutions 419
Interest and Profit 425
Investment 430
Invisible Hand 436
Joint Production 443
Keynes, John Maynard, as an Interpreter of the Classical Economists 449
Name index 453
Volume 2
List of contributors to this volume and their entries viii
Labour 1
Labour Commanded and Labour Embodied 4
Labour Process 8
Labour Theory of Value 12
Laissez-faire 22
Land 27
Law, John 37
Leontief, Wassily 40
Limiting and Regulating Principles 45
Locke, John 50
Long Period 55
Machinery 62
Machines 65
Malthus, Thomas Robert 69
Markets 74
Marshall, Alfred, as an Interpreter of the Classical Economists 79
Marx, Karl 84
Marx, Karl, as an Interpreter of the Classical Economists 90
Mathematical Formulations of Marxian Economics 96
Mathematical Formulations of Richardian Economics 103
McCulloch, John Ramsay 112
Meek, Ronald Lindley, as an Interpreter of the Classical Economists 116
Mercantilism 120
Mill, James 125
Mill, John Stuart 131
Money and Banking 136
Monopoly 141
Natural and Market Price 146
Natural Resources 149
Nature 156
Necessaries, Conveniencies and Luxuries 162
Necessary Price 166
Neumann, John von 177
Non-substitution Theorems 183
Normative and Positive Classical Economics 188
Petty, William 195
Physiocracy 199
Political Economy and Economics 203
Production 210
Productive and Unproductive Labour 214
Profits 219
Public Debt 225
Public Goods 229
Quantities and Prices 236
Quantity Theory of Money 239
Quesnay, Francois, and the Tableau Economique 248
Rationality 256
Real Value 259
Recent Controversies in Marxian Value Theory 263
Recent Interpretations of Adam Smith 270
Recent Interpretations of David Ricardo 275
Reduction to Dated Quantities of Labour 283
Rent 289
Reproduction 293
Reswitching and Reverse Capital Deepening 298
Ricardian Socialists 308
Ricardo, David 314
Robinson, Joan, as an Interpreter of the Classical Economists: Mrs Robinson and the Classics 324
Samuelson, Paul Anthony, as an Interpreter of the Classical Economists 329
Saving 334
Say, Jean-Baptiste 335
Say's Law 340
Schumpeter and the Classical Economists 345
Schumpeter, Joseph Alois, as an Interpreter of the Classical Economists 350
Sectoral Analysis of Production in Adam Smith 353
Sismondi, Jean Charles Leonard Simonde de 360
Smith, Adam 365
Social Classes 371
Society 379
Specialization and Trade 383
Square and Rectangular Systems 388
Sraffa, Piero 391
Sraffa, Piero, as an Interpreter of the Classical Economists 399
Stages Theory of Society 405
Standard Commodity 410
Stationary State 414
Steuart, James 418
Structural Change 422
Subsistence 428
Supply and Demand 434
Surplus 440
Taxation 446
Technique 450
Technological Change 457
Tooke, Thomas 463
Torrens, Robert 468
Traverse Analysis 474
Turgot, Anne-Robert-Jacques 478
Underconsumption 486
Utility 488
Value 493
Value and Riches 498
Value in Use and Value in Exchange 502
Vent for Surplus 504
Vertical Integration 507
Viability 512
Wage Differentials 516
Wage Fund Doctrine 522
Wages 528
Wealth 535
Wicksell Effects 541
Wicksell, Knut, as an Interpreter of the Classical Economists 545
Name index 553
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