History and criticism of the labor theory of value in English political economy

INDEX OF AUTHORS MENTIONED.

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All chapters and sections (15)

Böhm-Bawerk, 62, 68, 95, 135, 147-9.

Cairnes, 9, 14, 29, 80n, 93n, 111, chap. x, 128, 134.

Clark, J. B., 37, 59, 108, 120n, 133n, 166-71, 178, 183-7.

Davenport, H. J., 136.

Dietzel, H., 45, 136, 137, 138n, 153.

Fetter, F. A., 187n.

Giddings, F. H., 120n.

Gossen, 37, 128, 166.

Green, D. S., 136.

Ingram, J. K., 18n.

Jevons, 37, 98, 114, 128.

Lauderdale, 89.

Lloyd, W. F., 128.

Longfield, Mountifort, 128.

Macvane, S. M., 149n, 183n.

Malthus, 9, 11, 12, 14, 15, 21, 26, 37, 41, 50, 52, 63, 74, chap. vii, 93n, 94, 95, 102, 104-5, 112, 132, 139, 163n.

Marshall, 9, 14, 80n, 115, 133n, 150, 151n, 163n, 165n, 175n, 194.

Marx, 36, 42, 47, 61, 64-70, 129, 132n.

McCulloch, 9, 11, 31n, 42, chap. vi, 93, 95, 101.

Menger, 20, 89, 128, 143, 145, 171.

Mill, James, 9, 11, 31n, chap. vi, 87n, 93.

Mill, J. S., 9, 14, 15, 56, 80n, 89, chap. ix, 115, 116, 121, 133-4.

Pantaleoni, 141n.

Ricardo, 9, 10, 11, 14, 15, 21, 26, 27, 31, 35, 36, chap. v, 61, 62, 64, 68, 69, 73, 74, 79, 80, 82-8, 89, 90, 91, 93n, 94, 101, 102-3, 104-5, 106, 108, 109, 110, 111, 112-13, 124-6, 129, 130-2, 133, 137, 163n, 182, 185.

Roscher, 167.

Say, J. B., 14, 44, 46, 89, 93n, 94, 97, 101, 129.

Scrope, 95n.

Seligman, 128.

Senior, 9, 41, chap. viii, 104-5, 106, 112-13, 114, 116, 123, 133.

Smart, Wm., 152, 169n.

Smith, 9, 11, 13, 14, 15, chaps. ii-iv, 41, 43, 44, 45, 50, 56, 80, 81, 87, 88, 89, 90, 91, 98, 128, 129-30, 137, 138n, 139, 181.

Torrens, 9, 11, 32n, chap. vi, 89, 93, 95, 138.

Walras, 128.

Walsh, C. M., 140n, 141, 191n.

Wieser, 12, 43, 131n, 135, 146n, 156.

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Notes in this chapter

Note 3 · Referring to the words just quoted, Mr. Ingram says: “This sentence, which on close examination will be found to have no definite intelligib Note 3 · McCulloch and James Mill were but satellites of Ricardo.Note 1 · P. 49. Torrens, in his Essay on the Production of Wealth, has worked out with great pains a form of proof of this proposition. It is exhibit Note 3 · The law of supply and demand is not so simple as to preclude a variety of ways of stating it, and the meaning of such conceptions as intensi Note 17 · The strange attempt of James Mill to show that the interest element stands for labor also, mistook, as we showed in Chapter vi, the replacem Note 2 · Senior was, in my judgment, indebted fully as much to Malthus and Say as to Ricardo. To all appearances much of interest in the writings of Note 7 · P. 58. Scrope, an English writer, 1833, said: “Profit is to be viewed in the light of a compensation for abstaining for a time from consumpt Note 15 · Pp. 72-3. Cairnes makes the same classification of the industrial population into groups that Mill made. For criticism and a new classificat Note 5 · Since the chapter on Ricardo herein contained was written, it has been suggested to the writer that he is mistaken in attributing any “philo Note 7 · Senior—the attacks of Marx upon him notwithstanding—was far from assigning to these two elements equal ethical importance.Note 8 · Senior’s rent to skill is an entirely different form of surplus from that due to the excess of utility produced above disutility incurred in Note 12 · Theoretische Socialökonomik, 1895, vol. i, p. 233. Dietzel supposes that Smith conceived of labor solely as “Unlust,” but in this he is clea Note 14 · For an excellent discussion of the term “esteem value” see Walsh, The Measurement of General Exchange Value, pp. 1-6. The writer is greatly Note 15 · As, for instance, by Pantaleoni, Pure Economics, p. 123.Note 23 · Professor v. Wieser explains that the reason why we attribute a superior importance to a good that has marginal utility as compared with a g Note 25 · As Professor Macvane exclaims, the Austrians seem to reason as if the good fairies determined what the supply of commodities shall be. See T Note 28 · Employing Professor Marshall’s terminology we would say that the “social demand schedule” is a resultant from combining all the “individual Note 35 · When a single-use production good is short-lived instead of durable, so that it receives its value from its product in one payment, instead Note 36 · A plausible argument could be made to show that we have Ricardo’s authority for maintaining that price-determined rents must not be consider Note 42 · The curious reader would find it of interest to compare Professor Smart’s statement that the value of a good is almost always in the end mea Note 50 · The determination of Crusoe’s supply of a good at this point, which fixes the subjective value of the good, bears a few obvious analogies to Note 56 · Suppose a machine is destroyed in the making of 100 units of a certain product. Then the total labor cost of each of these units contains ¹⁄Note 2 · Adopting the view of the income of capital taken by Professor Clark and advocated with so much force by Professor F. A. Fetter.Note 6 · Or, as Walsh states, it may also be defined as the article’s purchasing power over all goods including itself. This is not the same concept,