Value and Prices in Russian Economic Thought: A Journey Inside the Russian Synthesis, 1890–1920

203 Pages·2015·3.605 MB·English

by  François Allisson

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Value and Prices in Russian
Economic Thought
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u This book explores the Russian synthesis that occurred in Russian economic
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thought between 1890 and 1920. This includes all the attempts at synthesis
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2 between classical political economy and marginalism; the labour theory of value
8 and marginal utility; and value and prices. The various ways in which Russian
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1: economists have approached these issues have generally been addressed in a
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t piecemeal fashion in the history of economic thought literature. This book
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] returns to the primary sources in the Russian language, translating many into
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r English for the first time, and offers the first comprehensive history of the
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r Russian synthesis.
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Li The book first examines the origins of the Russian synthesis by determining
x the condition of reception in Russia of the various theories of value involved: the
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s classical theories of value of Ricardo and Marx on one side; the marginalist the-
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S ories of prices of Menger, Walras and Jevons on the other. It then reconstructs
f the three generations of the Russian synthesis: the first (Tugan- Baranovsky), the
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y second, the mathematicians (Dmitriev, Bortkiewicz, Shaposhnikov, Slutsky,
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si etc.) and the last (Yurovsky), with an emphasis on Tugan- Baranovsky’s initial
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e impetus.
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ni This volume is suitable for those studying economic theory and philosophy as
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well as those interested in the history of economic thought.
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d François Allisson is a Lecturer in History of Economic Thought at the Centre
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d Walras Pareto, University of Lausanne, Switzerland.
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Routledge Studies in the History of Economics
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