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The Different Epistemological Trajectories: From Archeology to Genealogy

Alain Herscovici ()

Chapter Chapter 4 in Value, Historicity, and Economic Epistemology, 2023, pp 79-109 from Springer

Abstract: Abstract Despite the construction of a theory of labor value, the Physiocratic school and Smith’s analysis incorporate elements directly related to utility value and announce the further developments elaborated by the Neoclassical School, starting from marginalism. For example, the fact that Smith conceives labor as disutility is justified by the utility value theory, and not the labor value theory.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-21157-7_4

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DOI: 10.1007/978-3-031-21157-7_4

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