Edited by Joseph M. Grieco, Professor of Political Science, Duke University, US

• CONTENTSINTRODUCTIONPART I: Classical Political EconomyD. F. Gordon (1959), ‘What was the Labour Theory of Value?’P. J. McNulty (1967), ‘A Note on the History of Perfect Competition’T. Peach (1984), ‘David Ricardo’s Early Treatment of Profitability: A New Interpretation’N-P. Ong (1983), ‘Ricardo’s Invariable Measure of Value and Sraffa’s “Standard Commodity’W. O. Thweatt (1976), ‘James Mill and the Early Development of Comparative Advantage’W. J. Baumol (1977), ‘Say’s (at Least) Eight Laws, or What Say and James Mill May Really Have Meant’W. D. Grampp (1979), ‘The Economists and the Combination Laws’P. Van Parijs (1980), ‘The Falling-Rate-of-Profit Theory of Crisis: A Rational Reconstruction by Way of Obituary’PART II: The Marginal Revolution and Its AftermathP. Mirowski (1984), ‘Physics and the “Marginalist Revolution”’T. W. Hutchison (1969), ‘Economists and Economic Policy in Britain after 1870’R. B. Ekelund, Jr. and R. F. HEBERT (1969), ‘Public Economics at the Ecole des Ponts et Chausées: 1830-1850’P. Gramm (1970), ‘Giffen’s Paradox and the Marshallian Demand Curve’D. A. Walker (1972), ‘Competitive Tâtonnement Exchange Markets’D. A. Walker (1984), ‘Is Walras’s Theory of General Equilibrium a Normative Scheme?’D. A. Collard (1984), ‘Leon Walras and the Cambridge Caricature’C. E. Ferguson and D. L. Hooks (1971), ‘The Wicksell Effects in Wicksell and Modern Capital Theory’PART III: The Twentieth CenturyP. Murrell (1983), ‘Did the Theory of Market Socialism Answer the Challenge of Ludwig von Mises?: A Reinterpretation of the Socialist Controversy’D. P. O’Brien (1985), ‘Research Programmes in Competitive Structure’L. S. Moss and K. I. Vaughn (1986), ‘Hayek’s Ricardo Effect: A Second Look’D. Patinkin (1972), ‘Friedman on the Quantity Theory and Keynesian Economics’T. Mayer (1980), ‘David Hume and Monetarism’

Edited by Joseph M. Grieco, Professor of Political Science, Duke University, US

• CONTENTSINTRODUCTIONPART I: Classical Political EconomyD. F. Gordon (1959), ‘What was the Labour Theory of Value?’P. J. McNulty (1967), ‘A Note on the History of Perfect Competition’T. Peach (1984), ‘David Ricardo’s Early Treatment of Profitability: A New Interpretation’N-P. Ong (1983), ‘Ricardo’s Invariable Measure of Value and Sraffa’s “Standard Commodity’W. O. Thweatt (1976), ‘James Mill and the Early Development of Comparative Advantage’W. J. Baumol (1977), ‘Say’s (at Least) Eight Laws, or What Say and James Mill May Really Have Meant’W. D. Grampp (1979), ‘The Economists and the Combination Laws’P. Van Parijs (1980), ‘The Falling-Rate-of-Profit Theory of Crisis: A Rational Reconstruction by Way of Obituary’PART II: The Marginal Revolution and Its AftermathP. Mirowski (1984), ‘Physics and the “Marginalist Revolution”’T. W. Hutchison (1969), ‘Economists and Economic Policy in Britain after 1870’R. B. Ekelund, Jr. and R. F. HEBERT (1969), ‘Public Economics at the Ecole des Ponts et Chausées: 1830-1850’P. Gramm (1970), ‘Giffen’s Paradox and the Marshallian Demand Curve’D. A. Walker (1972), ‘Competitive Tâtonnement Exchange Markets’D. A. Walker (1984), ‘Is Walras’s Theory of General Equilibrium a Normative Scheme?’D. A. Collard (1984), ‘Leon Walras and the Cambridge Caricature’C. E. Ferguson and D. L. Hooks (1971), ‘The Wicksell Effects in Wicksell and Modern Capital Theory’PART III: The Twentieth CenturyP. Murrell (1983), ‘Did the Theory of Market Socialism Answer the Challenge of Ludwig von Mises?: A Reinterpretation of the Socialist Controversy’D. P. O’Brien (1985), ‘Research Programmes in Competitive Structure’L. S. Moss and K. I. Vaughn (1986), ‘Hayek’s Ricardo Effect: A Second Look’D. Patinkin (1972), ‘Friedman on the Quantity Theory and Keynesian Economics’T. Mayer (1980), ‘David Hume and Monetarism’