Routledge Ricardo - The New View: Collected Essays I: 1 (Collected Essay (Routledge))

Samuel Hollander's interpretation of Ricardo has attracted apoplectic responses from both Right and Left. This volume collects together the material needed to evaluate these responses. His basic position - that Ricardo stands in a continuous analytical line leading from Adam Smith to Alfred Marshall - is seen to antagonise both those who argue for a 'marginal revolution' and a sharp divide between classical and neo-classical economics, and those who want to champion Ricardo as a forerunner of Sraffa. From the Back Cover This volume contains twenty of Hollander's papers on the economics of David Ricardo. They explicate and defend his interpretation against criticism from conventional marginalists on the one hand and neo-Ricardians on the other. His central position is that Ricardo must be placed in an analytical line leading from Adam Smith to Alfred Marshall and beyond. These thinkers perceived of pricing in terms of the co-ordination of decentralized economic activities entailing the interaction of product and factor markets; market forces were seen by Ricardo as dictating the secular paths of the wage and profit rates subject to the scarcity of land. The volume includes essays on Sraffa's famous 'rational reconstruction' of the early Ricardo in terms of the Corn Profit model; responses to reviewers of The Economics of David Ricardo; Ricardian micro economics and growth theory; and, Ricardo's reception by his contemporaries and near contemporaries providing further evidence of the 'continuity thesis'. The collection provides the material necessary to evaluate this most controversial of contributions to the history of economic thought.