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History of the Labor Theory of Value by Oscarsito Rodriguez is a document available to read on EtoBox.
What is History of the Labor Theory of Value about?
The document outlines the historical development of the labor theory of value, starting with Adam Smith and progressing through various economists such as Ricardo and Malthus, highlighting their differing views on value. It emphasizes the confusion between the philosophical and empirical accounts of value, noting that while the philosophical account posits labor-cost as the essence of value, the empirical account focuses on market competition and costs of production. The text critiques the classical school
- Author
- Oscarsito Rodriguez
- Language
- EN