Theories of value from Adam Smith to Piero Sraffa

Sinha, Ajit (2018) Theories of value from Adam Smith to Piero Sraffa. Routledge India, London. ISBN 9780429441998

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Abstract

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.

Item Type: Book
Authors: Sinha, Ajit
Document Language:
Language
English
Subjects: Social sciences > Economics > Production
Social sciences > Economics > Macroeconomics & related topics
Social sciences > Economics > Macroeconomics & related topics > Factors affecting income and wealth
Divisions: Azim Premji University - Bengaluru > School of Public Policy and Governance
Full Text Status: None
Related URLs:
URI: http://publications.azimpremjiuniversity.edu.in/id/eprint/7239
Publisher URL: https://doi.org/10.4324/9780429441998

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