The economics of Thomas Robert Malthus / Samuel Hollander.

Format:

Book

Author/Creator:

Hollander, Samuel, author.

Series:

Hollander, Samuel. Studies in classical political economy ; 4.

Studies in Classical Political Economy ; 4

Studies in classical political economy ; 4

Language:

English

Subjects (All):

Economics--Great Britain--History--19th century.

Malthus, T. R. (Thomas Robert), 1766-1834.

Great Britain.

Genre:

Livres numeriques.

History.

e-books.

Electronic books.

Physical Description:

1 online resource (1072 p.)

Edition:

1st ed.

Place of Publication:

Toronto, [Ontario] ; Buffalo, [New York] ; London, [England] : University of Toronto Press, 1997.

Language Note:

English

Summary:

Samuel Hollander provides the first in-depth study of Malthus's achievement as an economist. Malthus's message has been largely misrepresented by decades of careless and biased interpretation. In this volume, Samuel Hollander re-examines these interpretations and presents a full and coherent picture of Malthus's economics. He evaluates John Maynard Keynes's famous dichotomy between the Ricardian and Malthusian methods, proving that the two were far closer to each other than is generally supposed. The relation of Malthus's ideas to those of his predecessors is thoroughly examined, for example, his roots in the Wealth of Nations are demonstrated and the physiocratic and Sraffian dimensions of his work are brought to light. Hollander extends his analysis to biographical factors; he discounts the textbook perspective on Malthus as a social-welfare pessimist and dispels the common notion of Malthus as spokesman of the land-owning classes. The standard charges against Malthus of inconsistency and intellectual dishonesty are also challenged.Samuel Hollander has produced the definitive study of Thomas Robert Malthus. A major contribution to the history of economic theory, the study has much broader appeal as a portrait of a central figure in early nineteenth-century debates over social policy -particularly those having to do with the role of government in relation to social welfare, economic growth, and trade protection.

Contents:

CONTENTS

PREFACE

ACKNOWLEDGMENTS

INTRODUCTION

I: Early explorations in growth and development theory

1 THE ESSAY ON POPULATION, 1798�1807

I: Introduction

II: The 'geometrical' and 'arithmetical' ratios

III: The critique of William Godwin

IV: Application to the Poor Laws

V: Diminishing returns and land scarcity�based growth theory

VI: The downward wage path

VII: The English case

VIII: The distribution of activity between agriculture and manufacturing

IX: The oscillatory process

X: Diminishing returns and growth, 1803XI: The 1806 defence

XII: Food and population: The order of precedence and the oscillatory process, 1803, 1806/7

XIII: Summary and conclusion

2 THE MALTHUS�RICARDO CORRESPONDENCE, 1813�1814

II: Direct effect of agricultural productivity on profit rate denied: The stimulatory effect of agricultural protection

III: Effect of agricultural productivity conceded and the 'temporary' effect of manufacturing prosperity

IV: The profit-rate trend elaborated

V: Concluding remarks

3 THE INQUIRY INTO RENT (1815)I: Introduction

II: An agricultural-growth model and an extension

III: On the rising real costs of marginal extensions: An alternative perspective

IV: Two classes of stationary state

V: The effect of exogenous increase in the corn price

VI: Reactions by Ricardo

VII: Summary and conclusion

4 THE MALTHUS�RICARDO CORRESPONDENCE, 1815�1819

II: Agricultural expansion and profit-rate increase

III: An Evaluation of The Essay on Profits

IV: On the advantages of a high corn price

V: Restatement of objections to Ricardo's 'new view'VI: On the wage�profit relation

VII: The source of the contrasting positions

VIII: First reactions to Ricardo's Principles

IX: A summing-up on the trend paths of the factor returns

5 THE ESSAY ON POPULATION REVISED (1817)

II: Checks to growth in 'agricultural', 'commercial', and 'mixed' systems

III: Land scarcity, the factor returns, and prudential population control

IV: Prudence endogenized

V: Changes in ceteris paribus conditions

VI: The response to Weyland: Implications for the growth modelVII: Manufacturing expansion and population growth

VIII: The order of precedence of food supply and population growth, and the 'oscillatory' process

IX: Concluding notes: Some interpretive problems

II: Value, distribution, and growth

6 PRICE THEORY

II: On utility

III: The theory of exchange

IV: The theory of demand

V: The limitations of demand�supply analysis

VI: Cost-price analysis: General themes

VII: The case against the labour theory: Time

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-282-00819-6

9786612008191

1-4426-8115-2

OCLC:

944177490