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Introduction: from Mercantilism to Marx

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A Concise History of Economic Thought

Abstract

Part I of this book examines the process of formation of classical political economy, or the evolution of the ‘theories of surplus’. The reason for using either of these two terms will emerge from the contents of the book. As for the meaning of classical political economy itself, no further specific definition needs to be provided at this stage.

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Notes on further readings

  • J.A. Schumpeter, History of Economic Analysis (Allen and Unwin, London, 1954)

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  • M. Dobb, Theories of Value and Distribution Since Adam Smith (Cambridge University Press, Cambridge, 1973)

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  • D.P. O’Brien, The Classical Economists (Clarendon Press, Oxford, 1975)

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  • S. Hollander, Classical Economics (Blackwell, Oxford, 1987).

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  • T.W. Hutchison, Before Adam Smith (Basil Blackwell, Oxford, 1988)

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  • J. Cartelier, Surproduit et Reproduction (Maspero, Paris, 1976)

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  • M.N. Rothbard, Economic Thought Before Adam Smith — an Austrian Perspective on the History of Economic Thought, Vol. I (Elgar, Aldershot, 1995)

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  • Greek philosophers Plato and Aristotle. E. Sewall, ‘The theory of value before Adam Smith’ (American Economic Association Publications, vol. 3, third series, 1901)

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© 2003 Gianni Vaggi and Peter Groenewegen

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Vaggi, G., Groenewegen, P. (2003). Introduction: from Mercantilism to Marx. In: A Concise History of Economic Thought. Palgrave Macmillan, London. https://doi.org/10.1057/9780230505803_1

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