L’abandon progressif de l’idée de valeur par la théorie néoclassique

Bernard Guerrien

Regards croisés sur l'économie, 2023, vol. n° 32, issue 1, 33-42

Abstract: There is a persistent tendency, especially in France, to associate neoclassical economics with a “utility theory of value” which is seen as an alternative to the “labor theory of value”. But neoclassical economists have long abandoned the idea of establishing a straightforward relation between value and utility. In fact, they have progressively moved away from the very notion of value to focus solely on prices. It remains to be seen whether a theory of value can be completely dispensed with.

Date: 2023
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