The Classical Ricardian System

London Corn Exchange

Contents

I - INTRODUCTION

(1) The Classical World

(2) The Place of the Classical Paradigm

(3) The Notion of Classical General Equilibrium

II - RICARDO'S ECONOMICS

(1) Introduction

(2) The Labor Theory of Value

(3) The Iron Law of Wages

(4) The Differential Theory of Rent

(5) The Ricardian Theory of Growth

(6) The Machinery Question

(7) The Theory of Comparative Advantage

III - THE RICARDIANS

(1) The General Glut Controversy

(2) The Malthusian Population Doctrine

(3) The Wages-Fund Doctrine

(4) The Abstinence Theory

(5) Marxian Economics

IV - THE CLASSICAL REVIVAL

(1) Introduction

(2) The Closed Leontief System
(A) The Stationary State
(B) Surplus and Balanced Growth

(3) The Open Leontief System
(A) The Open Leontief Stationary State
(B) Leontief and Linear Programming
(C) Keynesianism and the Classical System
(D) Surplus and Balanced Growth
(E) Joint Production

(4) The von Neumann System

(5) The Sraffian System

(6) Growth, Stability and Structural Change
(A) The Solow-Samuelson Model
(B) The Dynamic Leontief System
(C) The Keynes-Leontief Process: Stability and Instability

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