1st Edition

The Labour Theory of Value

By Peter C. Dooley Copyright 2005
    304 Pages 2 B/W Illustrations
    by Routledge

    304 Pages 2 B/W Illustrations
    by Routledge

    Exploring the origins and development of the labour theory of value, Peter Dooley examines its emergence from the natural law philosopher of the sixteenth and seventeenth century and its domination of the classical school of economics. This book will prove to be essential reading for all students of the history of economics.

    1 Introduction 2 Sir William Petty: the father of political economy 3 John Locke: the classical perspective 4 Richard Cantillon 5 François Quesnay 6 Francis Hutcheson: Adam Smith’s professor 7 David Hume: Adam Smith’s best friend 8 Adam Smith and the labour theory of value 9 David Ricardo 10 Karl Marx: the exploitation of labour 11 Classical relics in neoclassical thought 12 Concluding points

    Biography

    Peter C. Dooley is professor of Economics at the University of Saskatchewan, Canada