My Account
Log in Registration
All
Cart
Highlights
Fiction Books
Non-Fiction Books
Children's Books
Rare Books
Music
DVD & Blu-Ray
Video Games
Category
Wishlists
Cart
All
Free US shipping over $10
Trustpilot
Proud to be B-Corp

Adam Smith's Theory of Value and Distribution Rory O'Donnell

Adam Smith's Theory of Value and Distribution By Rory O'Donnell

Adam Smith's Theory of Value and Distribution by Rory O'Donnell

Reviews:
$64.49
Condition - New
Only 2 left
New

Summary

This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.

Adam Smith's Theory of Value and Distribution Summary

Adam Smith's Theory of Value and Distribution: A Reappraisal by Rory O'Donnell

This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.

Table of Contents

Part 1: contemporary interpretations of Smith; the approach to interpretation; outline of the argument. Part 2 Theories of value and distribution: classical or surplus theory; neoclassical theory; analytical themes in the study of Smith. Part 3 Surplus: surplus and accumulation; annual produce in the Wealth of Nations; gross and net revenue; a surplus theory of the non-wage share? Part 4 Competition: natural price and the uniform rate of profit; features of Smithian competition; competition and equilibrium of supply and demand; the concept of a capitalist economic system. Part 5 The measure of value: Smith's labour command measure; Smith's key assumptions; the operation of the measure; contrast with existing interpretations; further evidence of Smith's intentions. Part 6 Value and distribution: the component parts of price; distribution; assessment; taxes; the corn export bounty; observations on actual price changes; Appendix - Absence of reduction of means of production to labour in Smith's work. Part 7 Ricardo's development of Smith's theory: the new theory of profits; assumptions and their consequences; the relation of wage changes to prices; value and riches; supply and demand. Part 8 Marx on Smith: Marx's two streams proposition?; Smith as a surplus theorist; the labour theory of value; labour command; the resolution of price into wages, profit and rent; assessment. Part 9 Smith as general equilibrium theorist: Hollander's argument in outline; a supply and demand explanation of value; distribution; formal analysis and practical applications; a theorist of resource allocation determined by factor endowments. Part 10 Smith as cost of production theorist: cost of production interpretations; Dobb's two streams proposition; Ricardo's criticism of Smith's theory; the cost of production tradition; Smith's contribution to surplus theory; Dobb and Schumpeter - a clarification. Part 11 Smith and the surplus theory; Smith and the neoclassical theory.

Additional information

NLS9781349109104
9781349109104
134910910X
Adam Smith's Theory of Value and Distribution: A Reappraisal by Rory O'Donnell
Rory O'Donnell
Studies in Political Economy
New
Paperback
Palgrave Macmillan
1990-01-01
284
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Adam Smith's Theory of Value and Distribution