A Critical Dissertation on the Nature, Measures, and Causes of Value

work by Bailey

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In Samuel Bailey
…and Expectation (1829) and A Critical Dissertation on the Nature, Measures, and Causes of Value (1825), which criticized the political economics of the Ricardian school, named after the English economist David Ricardo. Denying the reciprocal relationship between wages and profits, Bailey stressed the productivity of labour and sought to eliminate…
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