What Was the Labor Theory of Value?

This paper will attempt to establish, or at least affirm, two points; first-based mainly on accepted interpretations that no major economist of the classical period held what would, by modern usage, be called a labor theory of value; second, that the three most eminent alleged labor theorists did ne...

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Veröffentlicht in:The American economic review 1959-05, Vol.49 (2), p.462-472
1. Verfasser: Gordon, Donald F.
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper will attempt to establish, or at least affirm, two points; first-based mainly on accepted interpretations that no major economist of the classical period held what would, by modern usage, be called a labor theory of value; second, that the three most eminent alleged labor theorists did nevertheless hold what could be accurately called a labor theory, but in a different and radically distinct sense of that term.
ISSN:0002-8282
1944-7981