Ricardo's Volte-Face on Machinery
Bibliographic Data
| ID | 10176387 |
|---|---|
| Authors | Haim Barkai (corresponding author) |
| Year | 1986 |
| Volume | 94 |
| Issue | 3, Part 1 |
| Pages | 595-613 |
| Publication date | 1986-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/261391 |
| OpenAlex | W2067357918 |
| Language | EN |
| Citations received | 2 |
A formal restatement of the numerical example Ricardo invoked to explain his change of mind on the feasibility of the depressing effect of technology on labor underlines the analytical difficulty that he could not overcome and thus explains his inconclusive results. This difficulty is basically due to the absence of a clearly perceived demand theory--demands for goods, factor services, and money--characteristic of him and of classical economics in general. Since the focus of the technology labor issue is on the expected change of demand for labor in response to technical change, the failure of classical economists and of Ricardo to propose a relevant theory was inevitable
Economics · Face (sociological concept · Focus (optics · Macroeconomics · Microeconomics · Neoclassical economics · Positive economics · Sociology · Technical change · Technological change · Economic Theory and Institutions · Economic Theory and Policy · Political Economy and Marxism
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,05 |
| Citation span | 1989 - 1989 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |