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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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u 1 Economics as Literature 8 The History of Game Theory,
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Willie Henderson Vol 1
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2 From the beginnings to 1945
8 2 Socialism and Marginalism in Robert W. Dimand and
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1: Economics 1870–1930 Mary Ann Dimand
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t Edited by Ian Steedman
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] 9 The Economics of W. S. Jevons
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r 3 Hayek’s Political Economy Sandra Peart
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r The socio- economics of order
b
Li Steve Fleetwood 10 Gandhi’s Economic Thought
x Ajit K. Dasgupta
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s 4 On the Origins of Classical
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S Economics 11 Equilibrium and Economic
f Distribution and value from Theory
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y William Petty to Adam Smith Edited by Giovanni Caravale
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si Tony Aspromourgos
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e 12 Austrian Economics in Debate
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ni 5 The Economics of Edited by Willem Keizer,
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Joan Robinson Bert Tieben and Rudy van Zijp
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y Edited by
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d Maria Cristina Marcuzzo, 13 Ancient Economic Thought
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d Luigi Pasinetti and Edited by B. B. Price
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o Alesandro Roncaglia
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n 14 The Political Economy of
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o 6 The Evolutionist Economics of Social Credit and Guild
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Léon Walras Socialism
Albert Jolink Frances Hutchinson and
Brian Burkitt
7 Keynes and the ‘Classics’
A study in language, 15 Economic Careers
epistemology and mistaken Economics and economists in
identities Britain 1930–1970
Michel Verdon Keith Tribe
16 Understanding ‘Classical’ 25 Marx’s Concept of Money
Economics The God of Commodities
Studies in the long-p eriod theory Anitra Nelson
Heinz Kurz and Neri Salvadori
26 The Economics of
17 History of Environmental James Steuart
Economic Thought Edited by Ramón Tortajada
E. Kula
6 27 The Development of Economics
01 18 Economic Thought in in Europe since 1945
t 2 Communist and Post- Edited by A. W. Bob Coats
us Communist Europe
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u Edited by Hans- Jürgen Wagener 28 The Canon in the History of
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8 Economics
2 19 Studies in the History of Critical essays
8 French Political Economy
0 Edited by Michalis Psalidopoulos
1: From Bodin to Walras
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at Edited by Gilbert Faccarello 29 Money and Growth
] Selected papers of
y 20 The Economics of John Rae
ar Allyn Abbott Young
r Edited by O. F. Hamouda, C. Lee
b Edited by Perry G. Mehrling and
Li and D. Mair
Roger J. Sandilands
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e
s 21 Keynes and the Neoclassical
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u 30 The Social Economics of
S Synthesis
f Einsteinian versus Newtonian Jean- Baptiste Say
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y macroeconomics Markets and virtue
t Evelyn L. Forget
si Teodoro Dario Togati
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e
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ni 22 Historical Perspectives on 31 The Foundations of
U Macroeconomics Laissez- Faire
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y Sixty years after the ‘General The economics of
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d Theory’ Pierre de Boisguilbert
de Edited by Philippe Fontaine and Gilbert Faccarello
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o Albert Jolink
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n 32 John Ruskin’s Political
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o 23 The Founding of Institutional Economy
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Economics Willie Henderson
The leisure class and sovereignty
Edited by Warren J. Samuels 33 Contributions to the History of
Economic Thought
24 Evolution of Austrian Essays in honour of
Economics R. D. C. Black
From Menger to Lachmann Edited by Antoin E. Murphy and
Sandye Gloria Renee Prendergast
34 Towards an Unknown Marx 42 Piero Sraffa’s Political
A commentary on the Economy
manuscripts of 1861–63 A centenary estimate
Enrique Dussel Edited by Terenzio Cozzi and
Roberto Marchionatti
35 Economics and
43 The Contribution of
Interdisciplinary Exchange
Joseph Schumpeter to
Edited by Guido Erreygers
6 Economics
1 Economic development and
0 36 Economics as the Art of
2 institutional change
t Thought
s Richard Arena and
u Essays in memory of
g Cecile Dangel
u G. L. S. Shackle
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8 Edited by Stephen F. Frowen and 44 On the Development of Long-
2 Peter Earl
8 run Neo- Classical Theory
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: Tom Kompas
1 37 The Decline of Ricardian
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y] Politics and economics in Economist
ar post- Ricardian theory Economic analysis and values
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b Susan Pashkoff Edited by Jack Birner,
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x Pierre Garrouste and
e 38 Piero Sraffa Thierry Aimar
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us His life, thought and cultural
f S heritage 46 Pareto, Economics and Society
o Alessandro Roncaglia The mechanical analogy
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t Michael McLure
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er 39 Equilibrium and
v 47 The Cambridge Controversies
i Disequilibrium in Economic
n in Capital Theory
U Theory
[ A study in the logic of theory
y The Marshall–Walras divide
b development
d Michel de Vroey Jack Birner
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oa 40 The German Historical School 48 Economics Broadly Considered
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n The historical and ethical
w Essays in honour of
o approach to economics Warren J. Samuels
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Edited by Yuichi Shionoya
Edited by Steven G. Medema,
Jeff Biddle and John B. Davis
41 Reflections on the Classical
Canon in Economics 49 Physicians and Political
Essays in honour of Economy
Samuel Hollander Six studies of the work of
Edited by Sandra Peart and doctor–economists
Evelyn Forget Edited by Peter Groenewegen
50 The Spread of Political 57 Classics and Moderns in
Economy and the Economics, Volume I
Professionalisation of Essays on nineteenth and
Economists twentieth century economic
Economic societies in Europe, thought
America and Japan in the Peter Groenewegen
nineteenth century
Massimo Augello and
58 Classics and Moderns in
6 Marco Guidi Economics, Volume II
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memory
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2 Steven G. Medema and
8 Warren J. Samuels 59 Marshall’s Evolutionary
0 Economics
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1 Tiziano Raffaelli
t 52 Competing Economic Theories
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] Essays in memory of Giovanni
y 60 Money, Time and Rationality
r Caravale
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r in Max Weber
b Sergio Nisticò and
i Austrian connections
L Domenico Tosato
x Stephen D. Parsons
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us 53 Economic Thought and Policy
S 61 Classical Macroeconomics
in Less Developed Europe
of The nineteenth century Some modern variations and
y distortions
t Edited by Michalis Psalidopoulos
si James C. W. Ahiakpor
r and Maria-E ugenia Almedia Mata
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U 54 Family Fictions and Family 62 The Historical School of
y [ Facts Economics in England and
b Harriet Martineau, Japan
ed Adolphe Quetelet and the Tamotsu Nishizawa
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a population question in England
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nl 1798–1859 63 Classical Economics and
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Brian Cooper Modern Theory
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D Studies in long-p eriod analysis
55 Eighteenth- Century Economics Heinz D. Kurz and
Peter Groenewegen Neri Salvadori
56 The Rise of Political Economy 64 A Bibliography of Female
in the Scottish Enlightenment Economic Thought to 1940
Edited by Tatsuya Sakamoto and Kirsten K. Madden, Janet A. Sietz
Hideo Tanaka and Michele Pujol
65 Economics, Economists and 73 Knut Wicksell on Poverty
Expectations No place is too exalted
From microfoundations to Knut Wicksell
macroeconomics
Warren Young, Robert Leeson 74 Economists in Cambridge
and William Darity Jnr A study through their
correspondence 1907–1946
Edited by M. C. Marcuzzo and
66 The Political Economy of
A. Rosselli
6 Public Finance in Britain,
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0 1767–1873 75 The Experiment in the History
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t Takuo Dome of Economics
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Au 67 Essays in the History of Robert Leonard
8 Economics
2 Warren J. Samuels, Willie 76 At the Origins of Mathematical
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0 Henderson, Kirk D. Johnson and Economics
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1 Marianne Johnson The economics of A. N. Isnard
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t (1748–1803)
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] 68 History and Political Economy Richard van den Berg
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ar Essays in honour of
r 77 Money and Exchange
b P. D. Groenewegen
Li Folktales and reality
Edited by Tony Aspromourgos
x Sasan Fayazmanesh
e and John Lodewijks
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f 69 The Tradition of Free Trade Social Change
y o Lars Magnusson Historical roots and modern
it perspectives
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i Process Gianni Vaggi
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U Austrian and Swedish economics
y [ Edited by Michel Bellet, 79 Ethical Codes and Income
d b Sandye Gloria- Palermo and Distribution
e Abdallah Zouache A study of John Bates Clark and
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a Thorstein Veblen
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l Guglielmo Forges Davanzati
n 71 Consumption as an Investment
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o The fear of goods from Hesiod to 80 Evaluating Adam Smith
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Adam Smith
Creating the wealth of nations
Cosimo Perrotta
Willie Henderson
72 Jean- Baptiste Say and the 81 Civil Happiness
Classical Canon in Economics Economics and human
The British connection in French flourishing in historical
classicism perspective
Samuel Hollander Luigino Bruni
82 New Voices on Adam Smith 91 Keynes’s Vision
Edited by Leonidas Montes and Why the great depression did not
Eric Schliesser return
John Philip Jones
83 Making Chicago Price Theory
Milton Friedman–George Stigler 92 Monetary Theory in Retrospect
correspondence, 1945–1957 The selected essays of
Edited by J. Daniel Hammond Filippo Cesarano
6 and Claire H. Hammond Filippo Cesarano
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0 84 William Stanley Jevons and the
2 93 Keynes’s Theoretical
t Cutting Edge of Economics
us Development
g Bert Mosselmans
u From the tract to the general
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8 85 A History of Econometrics in theory
2 France Toshiaki Hirai
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0 From nature to models
1: Philippe Le Gall 94 Leading Contemporary
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t Economists
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] 86 Money and Markets Economics at the cutting edge
y A doctrinal approach Edited by Steven Pressman
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r Edited by Alberto Giacomin and
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Li Maria Cristina Marcuzzo 95 The Science of Wealth
x Adam Smith and the framing of
se 87 Considerations on the political economy
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Su Fundamental Principles of Tony Aspromourgos
f Pure Political Economy
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y Vilfredo Pareto (Edited by 96 Capital, Time and Transitional
sit Roberto Marchionatti and Dynamics
er Fiorenzo Mornati) Edited by Harald Hagemann and
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ni Roberto Scazzieri
U 88 The Years of High
y [ Econometrics 97 New Essays on Pareto’s
b A short history of the generation
d Economic Theory
e that reinvented economics
d Edited by Luigino Bruni and
a Francisco Louçã
o Aldo Montesano
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w 89 David Hume’s Political
o Economy 98 Frank Knight and the Chicago
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Edited by Carl Wennerlind and School in American Economics
Margaret Schabas Ross B. Emmett
90 Interpreting Classical 99 A History of Economic Theory
Economics Essays in honour of
Studies in long-p eriod analysis Takashi Negishi
Heinz D. Kurz and Edited by Aiko Ikeo and
Neri Salvadori Heinz D. Kurz
100 Open Economics 108 Political Economy, Public
Economics in relation to other Policy and Monetary
disciplines Economics
Edited by Richard Arena, Ludwig von Mises and the
Sheila Dow and Matthias Klaes Austrian tradition
Richard M. Ebeling
101 Rosa Luxemburg and the
Critique of Political Economy 109 Keynes and the British
6 Edited by Riccardo Bellofiore Humanist Tradition
1 The moral purpose of the market
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2 102 Problems and Methods of David R. Andrews
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us Econometrics
ug The Poincaré lectures of 110 Political Economy and
A Ragnar Frisch 1933 Industrialism
28 Edited by Olav Bjerkholt and Banks in Saint-S imonian
8 Ariane Dupont- Keiffer economic thought
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: Gilles Jacoud
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at 103 Criticisms of Classical Political 111 Studies in Social Economics
y] EMceonngoemr, yA ustrian economics and By Leon Walras
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a Translated by Jan van Daal and
r the German historical school
b Donald Walker
Li Gilles Campagnolo
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e 112 The Making of the Classical
s 104 A History of Entrepreneurship
us Theory of Economic Growth
S Robert F. Hébert and
By Anthony Brewer
f Albert N. Link
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y 113 The Origins of David Hume’s
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rsi 105 Keynes on Monetary Policy, Economics
e Finance and Uncertainty
v By Willie Henderson
ni Liquidity preference theory and
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[ the global financial crisis 114 Production, Distribution and
by Jorg Bibow Trade
d Edited by Adriano Birolo,
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d 106 Kalecki’s Principle of Duncan Foley, Heinz D. Kurz,
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o Increasing Risk and Keynesian Bertram Schefold and
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wn Economics Ian Steedman
o Tracy Mott
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115 The Essential Writings of
107 Economic Theory and Thorstein Veblen
Economic Thought Edited by Charles Camic and
Essays in honour of Geoffrey Hodgson
Ian Steedman
John Vint, J. Stanley Metcalfe, 116 Adam Smith and the Economy
Heinz D. Kurz, Neri Salvadori of the Passions
and Paul Samuelson By Jan Horst Keppler
117 The Analysis of Linear 127 Stalin’s Economist
Economic Systems The economic contributions of
Father Maurice Potron’s Jenö Varga
pioneering works André Mommen
Translated by Christian Bidard
128 E. E. Slutsky as Economist and
and Guido Erreygers
Mathematician
118 A Dynamic Approach to Crossing the limits of knowledge
Economic Theory Vincent Barnett
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1 The Yale Lectures of Ragnar
0 129 Keynes, Sraffa, and the
2 Frisch, 1930
st Edited by Olav Bjerkholt and Criticism of Neoclassical
u Theory
g Duo Qin
u Essays in honour of Heinz Kurz
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8 119 Henry A. Abbati: Keynes’ Neri Salvadori and
2 Forgotten Precursor Christian Gehrke
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0 Selected Writings
: 130 Crises and Cycles in Economic
1 Serena Di Gaspare
1 Dictionaries and
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y David Collard Edited by Daniele Bensomi
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e Edited by Andrew Farrant Edited by Pascal Bridel
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S 122 Marshall, Marshallians and 132 Sraffa and Modern Economics,
of Industrial Economics Volume I
y Edited by Tiziano Raffaelli Edited by Roberto Ciccone,
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si Christian Gehrke and
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ni Economic Thought
U Kiichiro Yagi 133 Sraffa and Modern Economics,
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d b 124 The Evolution of Economic Edited by Roberto Ciccone,
e Theory Christian Gehrke and
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a Edited by Volker Caspari Gary Mongiovi
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w 125 Thomas Tooke and the 134 The Minor Marshallians and
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D Monetary Thought of Classical Alfred Marshall
Economics An evaluation
Matthew Smith Peter Groenewegen
126 Political Economy and 135 Fighting Market Failure
Liberalism in France Collected essays in the
The contributions of Cambridge tradition of
Frédéric Bastiat economics
Robert Leroux Maria Cristina Marcuzzo
