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The Resource Theories of value from Adam Smith to Pierro Sraffa, Ajit Sinha

Theories of value from Adam Smith to Pierro Sraffa, Ajit Sinha

Label
Theories of value from Adam Smith to Pierro Sraffa
Title
Theories of value from Adam Smith to Pierro Sraffa
Statement of responsibility
Ajit Sinha
Creator
Subject
Language
eng
Summary
  • This book presents a comprehensive account of the controversies on the classical theory of value since the publication of the 'Wealth of Nations'. While introducing new, controversial interpretations of the theories of value in the classical tradition, the book simultaneously throws new light on some old questions
  • Ajit Sinha's Theories of Value from Adam Smith to Piero Sraffa exemplifies the best characteristics of proper scholarship. Sinha has combined critical yet sympathetic analysis of primary sources with keen understanding of the secondary literature. he has definite points of view which are always established by deep analytical arguments combined with careful attention to the relevant evidence. His book is a splendid example for all those interested in the best ways of understanding the relevant links between the past of our discipline and the present-G.C. Harcourt Emeritus Reader in the History of Economic Theory, University of Cambridge Professor Emeritus, University of Adelaide Emeritus Fellow, Jesus College, University of Cambridge --
  • The excess confidence of contemporary economists in the strength of the existing body of their knowledge has been struck by the recent crisis. The same excess confidence had often fed the belief that the history of ideas did not matter. In fact the understanding of the limits of any knowledge in the field of social sciences cannot be separated from the understanding of the conditions of its construction The work of Ajit Sinha, as conveyed in the present book, provides a brilliant illustration of the fact that the history of economic thought, on the one hand, and economic analysis, on the other, are neither antagonistic, nor substitutes, but necessary complements.-Roger Guesnerie Chair, Economic Theory and Social organisation CollFge de France, Paris --
  • This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. The author focuses on four, perhaps most critical, classics, viz., Adam Smith's Wealth of Nations, David Ricardo's Principles of Political Economy, Karl Marx's Capital and Piero Sraffa's Production of Commodities by Means of Commodities. The book highlights several significant differences in the theories of the four authors as it searches for the 'classical standpoint' that separates them from the 'moderns'. It throws fresh light on some old questions while introducing new, controversial interpretations in the literature surrounding it. It is unique in its organisation as it first presents the author's close reading of the theories of value and distribution in the four classics and then critically engages with the major alternative interpretations and criticisms of the theories discussed therein. --
  • Bringing original insights on theoretical positions, the book challenges canoical interpretations so as to discuss and analyse the flaws and weaknesses, in addition to the already obvious strengths, of widely celebrated theories. The theories discussed here emerge from questions like: what role does demand or human psychology play in the determination of value in classical theory? Do classical economists determine the distribution of income within the context of a theory of prices and resource allocation? What role does the notion of 'equilibrium' play in classical theory and the theory of Sraffa? --Book Jacket
Cataloging source
UKM
http://library.link/vocab/creatorDate
1959-
http://library.link/vocab/creatorName
Sinha, Ajit
Dewey number
330.16
Illustrations
illustrations
Index
index present
LC call number
HB201
LC item number
.S56 2010
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Value
  • Distribution (Economic theory)
Label
Theories of value from Adam Smith to Pierro Sraffa, Ajit Sinha
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
The theory of value in Adam Smith's Wealth of nations -- The theory of value in Ricardo's Principles -- The theory of value in Marx's Capital -- The theory of value in Sraffa's Production of commodities -- Conclusion : on the 'classical standpoint'
Control code
437082794
Dimensions
23 cm
Extent
xii, 364 pages
Isbn
9780415563208
Isbn Type
(hbk.)
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)437082794
Label
Theories of value from Adam Smith to Pierro Sraffa, Ajit Sinha
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
The theory of value in Adam Smith's Wealth of nations -- The theory of value in Ricardo's Principles -- The theory of value in Marx's Capital -- The theory of value in Sraffa's Production of commodities -- Conclusion : on the 'classical standpoint'
Control code
437082794
Dimensions
23 cm
Extent
xii, 364 pages
Isbn
9780415563208
Isbn Type
(hbk.)
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)437082794

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