The history of Economic Thought Essay It’s a Historical Economic Thought essay. You form a question, and together with the question word count should be 500. The topic is, dominantly, Labor
theory of value. Below, you see the papers and their page range.
Please DO NOT go out of the page range, otherwise, it becomes off-topic. Last rule is please
do citation where it’s necessary by Chicago rule, showing the exact page number from where you take the quote.
CLASSICAL POLITICAL ECONOMY AND ITS DEBATES
7. INVISIBLE HAND & DIVISION OF LABOUR (ADAM SMITH)
Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
Amherst, NY: Prometheus, 1991 [1776], 9-28.
Michael Perelman. “The Revisionist History of Professor Adam Smith.” The Invention
of Capitalism: Classical Political Economy and the Secret History of Primitive
Accumulation. Durham, NC: Duke University Press, 2015, 196-228.
SZ: 65-81
8. THE PROBLEM OF LABOR THEORY OF VALUE: FROM SMITH TO RICARDO
Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
Amherst, NY: Prometheus, 1991 [1776], 36-67.
David Ricardo. “On Value.” In The Principles of Political Economy and Taxation.
London: Everyman’s Library, 1911 [1817], 5-32.
Isaac Ilych Rubin. A History of Economic Thought. (Translated and edited by Donald
Filtzer). London: Ink Links, 1979 [1929], 248-270.
9. CONTROLLING THE POPULATION (BENTHAM, MALTHUS)
Jeremy Bentham. The Panopticon Writings. London: Verso, 1995 [1787], 29-54 & 97-114. 4
Thomas Malthus. Selections from An Essay on the Principle of Population. In The History of Economic Thought: A Reader. Edited by Steven Medema and Warren J.
Samuels. London: Routledge, 2016 [1798], 196 -207.
SZ: 82-88 and 133-141.
Read Charles Darwin’s On the Origins of Species [1859].
