On the Origins of Classical Economics

Distribution and Value from William Petty to Adam Smith

By Tony Aspromourgos

Price: $190.00

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About the Book

On the Origins of Classical Economics deals with the origin and early development of the classical theory of distribution up to 1767, stressing the concept of economic 'surplus' as a key determinant of economic phenomena. It considers the work of Sir William Petty and shows the transmission of ideas from Petty to the Classical School through such writers as Cantillon, Quesnay and Steuart. The work is designed to meet the need for an understanding of the central elements of the history of the classical tradition.

Table of Contents

1. Introduction, 2.The Life of Petty in Relation to His Economics, 3.Economic Surplus and the Social Division of Labour, 4.Methodological and the Political Bases of Petty's Economics, 5.The Theory of Production and Distribution in Cantillon's Essai, 6.The Significance of Value and Parity in Petty and Cantillon, 7.Petty-Cantillon-Quesnay: the formation of the surplus approach, 8. Wages, Prices and Economic Surplus in Steuart's Principles, 9.Developments in the Theory of Distribution and Value, 1662-1767, 10.Adam Smith and After.