Morishima on Ricardo: Two Replies
M Morishima
Cambridge Journal of Economics, 1996, vol. 20, issue 1, 91-109
Abstract:
Although David Ricardo does not use the concept 'general equilibrium,' his model may be described in terms of several sectors forming a consistent system. The author can find many similarities in formulations and conclusions between his and Leon Walras's economics, despite the fact that historians of economic thought generally tend to reject such a portrait of Ricardo. This paper is mainly a response to H. D. Kurz and N. Salvadori's (1992) criticisms of M. Morishima's Ricardo, from Piero Sraffa's point of view. None of the criticisms is accepted. The author also defends himself from T. Peach whom he takes to be representative of the historians' view of Ricardo. (c) 1996 Academic Press Limited Copyright 1996 by Oxford University Press.
Date: 1996
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