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Classical surplus theory and heterodox economics

dc.contributor.authorMartins, Nuno O.
dc.date.accessioned2013-10-21T10:34:10Z
dc.date.available2013-10-21T10:34:10Z
dc.date.issued2013-11
dc.date.updated2013-10-19T23:10:23Z
dc.descriptionCopyright © 2013 American Journal of Economics and Sociology, Inc.en
dc.description.abstractIt has recently been suggested that heterodox economics can benefit from an engagement with classical surplus theory. However, caution is often recommended due to the ideological concepts that are embedded in classical political economy. This article argues that many of the ideological concepts that are often attributed to classical political economy are actually not part of classical political economy, but rather of a “vulgar” form of political economy, a project that emerged after Ricardo. This vulgar project, often termed as “Ricardian economics,” is often mistakenly taken to be a development of classical political economy, but it is actually a rupture with the classical political economy of Petty, Smith, and Ricardo, as Marx, and later Sraffa, argued. Once this is acknowledged, the relationship between classical political economy and heterodox economics becomes clearer.en
dc.identifier.citationMartins, Nuno Ornelas (2013). "Classical surplus theory and heterodox economics", «American Journal of Economics and Sociology», 72(5), 1205-1231. http://dx.doi.org/10.1111/ajes.12045.por
dc.identifier.issn0002-9246 (Print)
dc.identifier.issn1536-7150 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.3/2329
dc.language.isoengpor
dc.publisherWiley-Blackwellen
dc.subjectHeterodox Economicsen
dc.subjectSurplus Valueen
dc.titleClassical surplus theory and heterodox economicsen
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage1231por
oaire.citation.issue(5)por
oaire.citation.startPage1205por
oaire.citation.titleAmerican Journal of Economics and Sociology.en
oaire.citation.volume72por
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor

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