An Examination of the Doctrines of Value as Set Forth by Adam Smith, Ricardo, McCulloch, Mill, the Author of a Critical Dissertation, Say, Torrens, Malthus, Say, Reply to Being a Reply (Classic Reprint)

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Excerpt from An Examination of the Doctrines of Value as Set Forth by Adam Smith, Ricardo, McCulloch, Mill, the Author of a Critical Dissertation, Say, Torrens, Malthus, Say, Reply to Being a ReplyWith respect to the controversial character of the following pages, 1 can only say it was un avoidable in consequence of my theory involv ing positive differences from other economists, but respecting the form of it, I must be permit ted? To give some explanation. It is allowed that the division of Mr. Ricardo's chapter on value admits of considerable improvement. In following therefore his arrangement, I have ne cessarily participated in his defect, this, how ever, appeared to me more than balanced by the advantage it afforded me of following him step by step, and of very particularly and mi nutely scrutinizing his opinions. [have there fore, divided my work into the same number of sections which I find in Mr. Ricardo's chapter on value, and by making'his doctrines in each the text of my remarks, I have, at the same time, been enabled more conveniently to inves tigate the Opinions of other economists, both such as have attached themselves to the Ri cardo school and such as are opposed to it. In the investigation, brevity (so far as was con sistent with perspicuity) has been a principal object, though the intricacy of the subject not only admits but requires more copious illustra tions than many subjectswhich are less abstract. In consequence of the form selected, it will be seen that various arguments and principles have been unavoidably repeated.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.