Morishima on Ricardo

Article Abstract:

Economist Michio Morishima in his book 'Ricardo's Economics: A General Equilibrium Theory of Distribution and Growth' states that David Ricardo's economic theories provide the bridge between Marxist and Keynesian theories. Ricardo's economic interpretation are believed to be fundamentally similar to the economic doctrines of Marx and Walras. Morishima misreads the doctrines of Ricardo especially on the aspects of the spontaneity of production in manufacturing and his negation of a the existence of a production function, among other premises.

Economic policy, Economic development, Distribution (Economics), Morishima, Michio

---

Morishima on Ricardo: a rejoinder

Article Abstract:

Morishima has replied to criticisms of his views of the economic theories of Ricardo, and much of his reply does not relate to the key issues involved in the criticisms. This implies that he accepts the criticisms. Morishima's views of the major areas covered by Ricardo are all debatable, and this includes Ricardo's views on production, value and income distribution. Morishima has used Ricardo's work as a way to develop ideas of his own, and this is backed up by Morishima's reply.

Works, Economic history, Economists

---

Fund-flow versus flow-flow in production theory: reflections on Georgescu-Roegen's contribution

Article Abstract:

An analysis of the production theories of Nicholas Georgescu-Roegen, Piero Sraffa and John von Neumann is provided.

Beliefs, opinions and attitudes, Production (Economics), Von Neumann, John, Georgescu-Roegen, Nicholas, Sraffa, Piero

Similar abstracts:

• Abstracts: Nonlinear estimation using estimated cointegrating relations
• Abstracts: Crisps and Snacks: Market Drivers. Crisps and snacks: Market size and trends. Crisps and Snacks: Executive Summary
• Abstracts: Crisps and Snacks: The Consumer. Crisps and Snacks: The Future
• Abstracts: Theory and misbehavior of first-price auctions: comment. Theory and misbehavior of first-price auctions: reply
• Abstracts: Information externalities of seasoned equity issues: differences between banks and industrial firms. A comparison of the information conveyed by equity carve-outs, spin-offs, and asset sell-offs

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.