The Labour Theory of Value (Routledge Frontiers of Political Economy)

Exploring the origins and development of the labour theory of value, Peter Dooley examines its emergence from the natural law philosopher of the sixteenth and seventeenth century and its domination of the classical school of economics. This book will prove to be essential reading for all students of the history of economics. 1. Introduction -- 2. Sir William Petty : The Father Of Political Economy -- 3. John Locke : The Classical Perspective -- 4. Richard Cantillon -- 5. Francois Quesnay -- 6. Francis Hutcheson : Adam Smith's Professor -- 7. David Hume : Adam Smith's Best Friend -- 8. Adam Smith And The Labour Theory Of Value -- 9. David Ricardo -- 10. Karl Marx : The Exploitation Of Labour -- 11. Classical Relics In Neoclassical Thought -- 12. Concluding Points. Peter C. Dooley. Includes Bibliographical References (p. [256]-273) And Index. Book Cover 1 Half-Title 2 Series Title 3 Title 10 Copyright 11 Contents 12 Illustrations 13 Preface 14 Acknowledgements 15 1 Introduction 16 2 Sir William Petty 32 3 John Locke 49 4 Richard Cantillon 66 5 Fran莽ois Quesnay 79 6 Francis Hutcheson 95 7 David Hume 110 8 Adam Smith and the labour theory of value 124 9 David Ricardo 151 10 Karl Marx 177 11 Classical relics in neoclassical thought 200 12 Concluding points 214 Notes 220 Bibliography 243 Index 258 This book explores the origins and development of the labour theory of value, examining its emergence from the natural law philosopher of the sixteenth and seventeenth century to its domination of the classical school of economics