Author: Albert Conser Whitaker

Publisher: Forgotten Books

Published: 2018-03-23

Total Pages: 210

ISBN-13: 9780365413523

Excerpt from History and Criticism of the Labor Theory of Value in English Political Economy, Vol. 19 The classical theory of value regulation was composed of two separate accounts. That is, these two accounts were of distinct origin and nature, and should have been kept distinct. Instead of this they were more or less fused and the relation between them was always clouded. To this fact is due the great difficulty all must experience in rmching a complete understanding of the classical theory. Though it is for this reason very necessary to give the accounts separ ate names, it seems impossible to find unobjectionable terms. Professor von Wieser, from whom I have taken the ida that the confusion between these two accounts is the key to the history of the labor theory of value, distinguishes them by the terms philosophical and empirical. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.