A Companion to the History of Economic Thought - Chapter 30 docx

... uncritical) advocate of the sociological actor- network analysis (hereinafter ANA; alternatively known as ANT – actor-network theory) proposed by Michael Callon and Bruno Latour (1981). This emphasizes the ... part of their time . . . And yet many historians of economics seem to want to throw away these advantages, preferring to do the sort of history of economics whic...

Ngày tải lên: 06/07/2014, 03:20

... but this is a misleading way to categorize them. Trade had always been taxed and regulated, and there was no established notion of free trade to act as a benchmark. What was new in the seventeenth ... by any of the varied factors that he thought relevant) could lead to unemployment. It was the duty of the states- man to ensure that the people were employed. Steua...

Ngày tải lên: 06/07/2014, 02:20

... drives the returns to the variable factors, labor and capital, down. The secular fall in the real wage is smaller than the fall in the marginal product, so the wage share rises and profits fall, a ... reduces the growth rate of capital accumulation and, consequently, the growth of labor demand. As what would later be known as the marginal product of the composit...

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... whereas Marx’s value-form theory is a fundamental break from classical political economy, he maintains remnants of a Ricardian labor-time theory of value (Backhaus, 1969). I think that the “labor-time ... This involves a conceptual transformation of both “surplus-value” and “capital” such that the rate of profit measures the valorization of capital. Profit and the rate...

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... Waterman, deal with the basic historiographic issues that have generated and are revealed by the many research styles found in the literature of the history of economic thought. Research in the ... Historians have followed the ideas of economists as they passed into and through the hands of – and were often trans- formed by – popularizers, intellectuals-at-large, l...

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... Platonic absolutism was shaken to the core. It was partially salvaged by Eudoxus’ importation from Chaldea of a dialectical approach to irrationals that became a mathematical image for judicial, ... into a near-mystical formulation of ideal models. This view of a rational perfectible administration is elaborated below in the discussion of analysis. The Platonic theor...

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... translated into the Arabic language. In spite of the significance of the 1964 path-breaking article by Spengler, the real challenge to the Schumpeterian Great Gap thesis came about as a result of ... Arab-Islamic inappropriate. Writing in Arabic, the language of theology, the Prophet and the Caliphs until the Ottoman days, and the medieval international language...

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... ideas. As we have seen, many of them were preoccupied with the importance of trade and payment balances, defined either as a positive balance of trade theory or as a positive balance of labor theory. ... ideas propounding the active role of the state in economic modernization and growth. Although the balance of trade theory was perhaps an analytic blind shot, it was r...

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... that the latter could pay all of the taxes to the king and the Church. Then farmers would no longer fear the tax administrators and their capital would be free of any threat, as would be the agricultural ... while also claiming to have examined in detail the formation and the working of capital and the interest rate. As a matter of fact, while the physiocrats...

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... turn, the capital of the wholesale merchant replaces, together with their profits, the capitals of the farmers and manufacturers of whom he purchases the rude and manufactured products that he deals ... not easily attainable in an age in which the division of labor has increased the quantity of science through special- ization. Smith was aware of the division of l...

Ngày tải lên: 06/07/2014, 02:20