This ebook explores Russian synthesis that happened in Russian monetary proposal among 1890 and 1920. This contains all of the makes an attempt at synthesis among classical political financial system and marginalism; the labour concept of worth and marginal software; and price and costs. some of the ways that Russian economists have approached those concerns have usually been addressed in a piecemeal style in historical past of monetary idea literature. This e-book returns to the first resources within the Russian language, translating many into English for the 1st time, and provides the 1st finished heritage of the Russian synthesis.
The booklet first examines the origins of the Russian synthesis via deciding on the situation of reception in Russia of many of the theories of price concerned: the classical theories of worth of Ricardo and Marx on one part; the marginalist theories of costs of Menger, Walras and Jevons at the different. It then reconstructs the 3 generations of the Russian synthesis: the 1st (Tugan-Baranovsky), the second, the mathematicians (Dmitriev, Bortkiewicz, Shaposhnikov, Slutsky, etc.) and the final (Yurovsky), with an emphasis on Tugan-Baranovsky’s preliminary impetus.
This quantity is appropriate for these learning monetary conception and philosophy in addition to these interested in the background of monetary idea.
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