IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-22728-0_3.html
   My bibliography  Save this book chapter

Physiocratic Dichotomy in Price Determination and Its Ricardian Resolution

In: The Dynamics of the Wealth of Nations

Author

Listed:
  • Izumi Hishiyama

Abstract

I indicated and analyzed in my early works the physiocratic dichotomy in the determination of price, in criticizing chiefly A. Oncken’s and A. Kubota’s view of Quesnay’s value theory.1 Quite recently I was very impressed by G. Vaggi’s argument about the point at issue in his interesting book on Quesnay’s economics.2 I want therefore to reconsider, in the following pages, that physiocratic dichotomy, particularly throwing light on the phases of its life cycle, that is to say, its birth in Quesnay’s mind, its succession via Turgot and Smith, and its death as a result of Ricardo’s fatal blow. I hope one facet of Ricardo’s contribution to classical political economy will be clarified by this short attempt.

Suggested Citation

  • Izumi Hishiyama, 1993. "Physiocratic Dichotomy in Price Determination and Its Ricardian Resolution," Palgrave Macmillan Books, in: Mauro Baranzini & G. C. Harcourt (ed.), The Dynamics of the Wealth of Nations, chapter 2, pages 71-94, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22728-0_3
    DOI: 10.1007/978-1-349-22728-0_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-22728-0_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.