Routledge Theories of Value: Adam Smith to Piero Sraffa

Explore over 200 years of debate regarding classical theories of value and distribution with this scholarly work from Routledge. This book provides a deep look into the historical evolution of economic thought by examining four essential texts: Adam Smith's Wealth of Nations, David Ricardo's Principles of Political Economy, Karl Marx's Capital, and Piero Sraffa's Production of Commodities by Means of Commodities. By focusing on these foundational works, the text identifies the significant differences between these celebrated authors. It seeks to define the specific classical standpoint that distinguishes these thinkers from modern economic perspectives. This resource is a valuable addition for students and researchers interested in business and economic history, offering a clear account of the long-standing controversies that shaped the field of political economy.