The Theory of Wages in Classical Economics: A Study of Adam Smith, David Ricardo, and Their ContemporariesE. Elgar, 1994 - 221 стор. This important new book is the first specific study on the classical theory of wages to appear for more than 50 years and as such fills an important gap in the literature. Antonella Stirati argues that the wage-fund theory played no part in the theory of wages expounded by Ricardo and his predecessors. Classical wage theory is shown to be analytically consistent but very different from contemporary theory, particularly as it did not envisage an inverse relationship between employment and the real wage level, and hence a spontaneous tendency to full employment of labour. The author bases her approach not only on a reinterpretation of Smith and Ricardo, but also on the writings of Turgot, Necker, Steuart, Hume, Cantillon and other pre-classical economists. Historians of economic thought as well as other economists will welcome Dr Stirati's careful analysis of classical writings on economics which includes simple but rigorous explanations of phenomena, central to current economic debate, such as the occurrence of persistent unemployment. |
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... Malthus says that the Essay owes its origins to a conversation with a friend ( actually his father Daniel Malthus ) about Godwin's essay Avarice and Profusion a conversation which then went on to consider the more general question of ...
... ( Malthus , 1820 , VI , pp . 263-4 ) Here Malthus explains the limits to population growth as Steuart had done , in terms not of the ' physical ' impossibility of increasing agricultural production , but of the existing demand for labour ...
... Malthus but characterizes all the eighteenth - century theories of population ( although after the publication of the Essay it was generally associated with Malthus's name ) . The real distinguishing feature of his analysis is the idea ...
Зміст
The supply of labour | 8 |
Wages habitual level of consumption and taxes | 15 |
Migratory movements of the population | 24 |
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The Theory of Wages in Classical Economics: A Study of Adam Smith, David ... Antonella Stirati Обмежений попередній перегляд - 1994 |
The Theory of Wages in Classical Economics: A Study of Adam Smith, David ... Antonella Stirati Перегляд фрагмента - 1994 |
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