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Essays on Theories of Value in the Classical Tradition

Essays on Theories of Value in the Classical Tradition
Author: Ajit Sinha
Publisher: Palgrave Macmillan
Total Pages: 0
Release: 2019-01-17
Genre: Business & Economics
ISBN: 9783030023201

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“This volume revisits the foundations of classical political economy and outlines on that basis a new research paradigm. Ajit Sinha presents an extremely ambitious and challenging work that opens new and invaluable vistas on classical economic theory and economics at large.” Roberto Scazzieri, Professor of Economic Analysis, University of Bologna and National Lincei Academy, Italy. “For a quarter of a century Ajit Sinha has worked on the classical theory of value, reinterpreting Adam Smith, David Ricardo and Karl Marx in terms of his own original, and often contested, interpretation of Piero Sraffa. This fascinating volume brings together several of Sinha's most perceptive and most contentious papers. Always scholarly, stimulating and provocative, it is essential reading for anyone with an interest in classical value theory.” John King, Emeritus Professor, La Trobe University, Australia. This collection of essays invites the reader to trace the intellectual journey of the author from his early incisive exploration and critique of key categories in Marxian economics, through his insights into classical economic theory, culminating in his pioneering and definitive reading of the economics of Sraffa. Where the author’s position has significantly changed he provides notations and explanations, and the addition of two new chapters written especially for this volume complete the scholarly journey. Following three decades worth of study, this book brings together a set of important contributions that not only give historical perspective but makes them convenient and accessible for students and researchers today.


Theories of Value from Adam Smith to Piero Sraffa

Theories of Value from Adam Smith to Piero Sraffa
Author: Ajit Sinha
Publisher: Taylor & Francis
Total Pages: 397
Release: 2018-08-06
Genre: Business & Economics
ISBN: 0429807716

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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 — 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 widely celebrated theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It also challenges canonical interpretations to analyse their flaws and weaknesses, in addition to the already obvious strengths, and critically engages with the major alternative interpretations and criticisms of the theories. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader.


Essays on Marx's Theory of Value

Essays on Marx's Theory of Value
Author: Isaak Ilyich Rubin
Publisher: Pattern Books
Total Pages: 474
Release: 2020-10-22
Genre: Political Science
ISBN: 3034004729

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Isaak Ilyich Rubin (1886-1937) was a Soviet economist who participated in the Russian Revolution and was a researcher at the Marx-Engels Institute Though his ideas were suppressed by the Soviet Union and he was eventually killed after being accused of Trotskyism, his ideas have since been rehabilitated within modern Marxism. Essays on Marx's Theory of Value (1924) emphasizes the importance of Marx's theory of commodity fetishism within the labor theory of value. It also argues that Marx's mature economic work represented the culmination of his lifetime project to understand how human creative power is shaped by social structures. He also discusses commodity production as a mere theoretical abstraction that only explains one aspect of a developed capitalist economy. The concept of value, as understood by Rubin, cannot exist without the other elements of a full-blown capitalist economy: money, capital, the existence of a proletariat, and so on. This Radical Reprint by Pattern Books is made to be accessible and as close to only manufacturing cost as possible.


Handbook of Alternative Theories of Political Economy

Handbook of Alternative Theories of Political Economy
Author: Stilwell, Frank
Publisher: Edward Elgar Publishing
Total Pages: 520
Release: 2022-05-13
Genre: Business & Economics
ISBN: 1789909066

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This Research Handbook advances entrepreneurship theory in new ways by integrating and contributing to contemporary theories of practice. Leading theorists and entrepreneurship experts, who are part of the growing Entrepreneurship as Practice (EaP) research community, expertly propose methodologies, theories and empirical insights into the constitution and consequences of entrepreneuring practices.


The Classical Tradition in Economic Thought

The Classical Tradition in Economic Thought
Author: Ingrid Hahne Rima
Publisher: Edward Elgar Publishing
Total Pages: 144
Release: 1995
Genre: Classical mschool of economics
ISBN: 9781858981413

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Beginning with a re-evaluation of mercantilism, this volume continues with papers on stoicism in the work of Adam Smith, Smith's use of the word natural, a game-theoretical evaluation of the Theory of Moral Sentiments and Wealth of Nations, a textual reinterpretation of Smith's wage theories and the important role of institutions in J.S. Mill's economic analysis. The papers in this collection cover both Smithian classicism and the Ricardo-Marx-Sraffa classicism which is represented here by four papers on the work of Krishna Bharadwaj, a contemporary interpreter of this variant of the classical tradition.


Theories of Value from Adam Smith to Piero Sraffa

Theories of Value from Adam Smith to Piero Sraffa
Author: Ajit Sinha
Publisher: Taylor & Francis
Total Pages: 372
Release: 2018-08-06
Genre: Business & Economics
ISBN: 0429807724

Download Theories of Value from Adam Smith to Piero Sraffa Book in PDF, ePub and Kindle

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 — 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 widely celebrated theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It also challenges canonical interpretations to analyse their flaws and weaknesses, in addition to the already obvious strengths, and critically engages with the major alternative interpretations and criticisms of the theories. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader.


Pluralistic Economics and Its History

Pluralistic Economics and Its History
Author: Ajit Sinha
Publisher: Taylor & Francis
Total Pages: 311
Release: 2019-05-24
Genre: Business & Economics
ISBN: 1000001830

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This volume is a history of economics – as it was interpreted, discussed and established as a discipline – in the 20th century. It highlights the pluralism of the discipline and brings together leading voices in the field who reflect on their lifelong work. The chapters draw on a host of traditions of economic thought, including pre-classical, classical, Marxian, neoclassical, Sraffian, post-Keynesian, Cantabrigian and institutionalist traditions in economics. Further, the volume also looks at the history of economics in India and its evolution as a discipline since the country’s independence. This book will appeal to students, researchers and teachers of economics and intellectual history, as well as to the interested general reader.


A Reflection on Sraffa’s Revolution in Economic Theory

A Reflection on Sraffa’s Revolution in Economic Theory
Author: Ajit Sinha
Publisher: Springer Nature
Total Pages: 611
Release: 2021-06-02
Genre: Business & Economics
ISBN: 303047206X

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This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.


Karl Marx’s Life, Ideas, and Influences

Karl Marx’s Life, Ideas, and Influences
Author: Shaibal Gupta
Publisher: Springer Nature
Total Pages: 392
Release: 2019-09-28
Genre: Philosophy
ISBN: 3030248151

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Since the latest crisis of capitalism broke out in 2008, Marx has been back in fashion, and sometimes it seems that his ideas have never been as topical, or as commanding of respect and interest, as they are today. This edited collection arises from one of the largest international conferences dedicated to the bicentenary of Marx’s birth. The volume contains 16 chapters authored by globally renowned scholars and is divided into two parts: I) On the Critique of Politics; II) On the Critique of Political Economy. These contributions, from multiple academic disciplines, offer diverse perspectives on why Marx is still so relevant for our times and make this book a source of great appeal for both expert scholars of Marx as well as students and general readers who are approaching his theories for the first time.


Keynesian, Sraffian, Computable and Dynamic Economics

Keynesian, Sraffian, Computable and Dynamic Economics
Author: Kumaraswamy Velupillai
Publisher: Springer Nature
Total Pages: 447
Release: 2021-03-08
Genre: Business & Economics
ISBN: 3030581314

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This book explores an alternative approach to the conventional, market-based, view of economic theory and economic policy, at theoretical, numerical and applicable levels. The chapters provide a theoretical, empirical, and algorithmic approach to marcodynamics, Sraffian economics, and current policy issues. Post-Keynesian macroeconomics, business cycle theory, the trade cycle, microfoundations, and the Philips Machine are also covered. This book aims to challenge orthodox ideas and provide a lens through which to honour the work of Stefano Zambelli. It will be of relevant to students and academics interested in economics.