Skip to main content
Article thumbnail
Location of Repository

Ricardo's economics: a general equilibrium theory of distribution and growth

By Michio Morishima

Abstract

Together with Marx's Economics and Walras' Economics this book completes a sequence by Professor Morishima on the first generation of scientific economists. The author concentrates on Ricardo's main work, The Principles, and shows that his economics is the prototype of mathematical economics without the symbols and formulae. Morishima then translates Ricardo's economics into mathematical language to find a general equilibrium system concealed within. The analysis contradicts the conventional view that marginalism emerged in opposition to classical economics, showing instead that Ricardian analysis is firmly based on marginalist principles, using prices, wages, and profits rather than labor values. The book ends with a discussion of the historical character of economic theory and an attempt to specify the epoch of Ricardian economics

Topics: HB Economic Theory, QA Mathematics
Publisher: Cambridge University Press
Year: 1989
OAI identifier: oai:eprints.lse.ac.uk:39624
Provided by: LSE Research Online
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://www.cambridge.org/ (external link)
  • http://eprints.lse.ac.uk/39624... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.