History and criticism of the labor theory of value in English political economy

History and criticism of the l...

Albert C. (Albert Conser) Whitaker

History and criticism of the labor theory of value in English political economy

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Posted byWillow Green04-Aug-2026

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CHAPTER I

GENERAL OUTLINES OF THE HISTORY OF THE LABOR THEORY OF VALUE

1. The following history of the labor theory of value begins with Adam Smith, not because it is supposed that Political Economy was born with the _Wealth of Nations_, but because no other work written affords so convenient a starting-point to the historian who has no desire to press his investigations into ...

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