Ricardo's Economics: A General Equilibrium Theory of...

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Ricardo's Economics: A General Equilibrium Theory of Distribution and Growth

Name: Ricardo's Economics: A General Equilibrium Theory of Distribution and Growth
ISBN: 9780521366304

Michio Morishima

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Together with Marx's Economics and Walras' Economics this book completes a sequence by Professor Morishima on the first generation of scientific economists. The author concentrates on Ricardo's main work, The Principles, and shows that his economics is the prototype of mathematical economics without the symbols and formulae. Morishima then translates Ricardo's economics into mathematical language to find a general equilibrium system concealed within. The analysis contradicts the conventional view that marginalism emerged in opposition to classical economics, showing instead that Ricardian analysis is firmly based on marginalist principles, using prices, wages, and profits rather than labor values. The book ends with a discussion of the historical character of economic theory and an attempt to specify the epoch of Ricardian economics.

Κατηγορίες:

Business & Economics - Mathematical Economics

Έτος:

1989

Εκδότης:

Cambridge University Press

Γλώσσα:

english

Σελίδες:

264

ISBN 10:

0521366305