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Ricardo is one of the most imposing figures in the history of economic thought, yet at times his writings are among the most obscure. A Key to Ricardo traces, simplifies and clarifies Ricardo's ideas on the principal topics on which he wrote. The book provides a careful analysis of Ricardo's most cryptic passages and also explores areas where Ricardo appears to be mistaken. Setting Ricardo's writings against the context of his contemporaries, the relevance of the Ricardian contribution to subsequent economic thinking is nonetheless made very clear.
1. General outline 2. Prices in the long run are determined by the cost of production 3. Modification of the doctrine that value is in proportion to the quantity of labour 4. Different qualities of labour 5. Production of equal values at unequal costs 6. The theory of rent 7. Ricardo and the wages fund 8. The natural price of labour 9. The natural tendency of profits is to fall 10. Ricardo's doctrine that if wages rise, profits fall, while the price of the product is not affected 11. Controversy with malthus regarding redundant capital or deficient demand 12. Ricardo's new chapter on machinery, his 'change of opinion' 13. The demand for labour. Further comments on ricardo's new chapter 14. Ricardo versus say. Cost or utility the foundation of value? 15. The value of money and of gold 16. Ricardo's chapter on taxes on profits 17. The measurement of value
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- ID: 9780415607285
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