Production prices are those exchange-values which, if adopted, put each industry in the conditions to repeat its production process. In this sense they appear as necessary prices. This notion is here compared with that of \u2018just\u2019 price, studied by the older moral philosophers (more so than by economists). Production prices appear thus as that concept that comes closer to the notion of just price. On similar grounds, some recent results, which have emerged within the classical and post-Keynesian approaches, have been employed here to envisage the elements that characterize a \u2018necessary\u2019 income distribution configuration and a \u2018necessary\u2019 level of the rate of interest
This work presents a system-theoretic foundation of the theory of price formation and production. Sy...
When Adam Smith considered the simplest economic system he could possibly think of, he envisaged an ...
Classical economists believed that economic value, which is the basis for all discussions pertaining...
Production prices are those exchange-values which, if adopted, put each industry in the conditions t...
The paper considers the history of theories of income distribution, from the time of Adam Smith unt...
This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, c...
Speaking on an ambivalent character of labor and consequently on the whole economic process, K. Mar...
The concepts of value and price and the connection between those categories are important problems ...
We attempt to clarify and generalize the meaning of economic value as conceptualized in classical po...
This paper explores the relationship between labour values, prices of production and changes in inco...
Among three different theories of value suggested by nineteenth century economists, namely, two vers...
The level of and changes in prices depend not only on the conditions of production that influence th...
For over one hundred years Marxian and non-Marxian theorists have wrestled with how demand condition...
The object of this paper is to describe and analyze in a formal and integrated way the alternative s...
This monograph examines the domain of classical political economy using the methodologies developed ...
This work presents a system-theoretic foundation of the theory of price formation and production. Sy...
When Adam Smith considered the simplest economic system he could possibly think of, he envisaged an ...
Classical economists believed that economic value, which is the basis for all discussions pertaining...
Production prices are those exchange-values which, if adopted, put each industry in the conditions t...
The paper considers the history of theories of income distribution, from the time of Adam Smith unt...
This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, c...
Speaking on an ambivalent character of labor and consequently on the whole economic process, K. Mar...
The concepts of value and price and the connection between those categories are important problems ...
We attempt to clarify and generalize the meaning of economic value as conceptualized in classical po...
This paper explores the relationship between labour values, prices of production and changes in inco...
Among three different theories of value suggested by nineteenth century economists, namely, two vers...
The level of and changes in prices depend not only on the conditions of production that influence th...
For over one hundred years Marxian and non-Marxian theorists have wrestled with how demand condition...
The object of this paper is to describe and analyze in a formal and integrated way the alternative s...
This monograph examines the domain of classical political economy using the methodologies developed ...
This work presents a system-theoretic foundation of the theory of price formation and production. Sy...
When Adam Smith considered the simplest economic system he could possibly think of, he envisaged an ...
Classical economists believed that economic value, which is the basis for all discussions pertaining...