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Titre La théorie de la demande effective chez R.Torrens.
Auteur Carlo Benetti
Mir@bel Revue Cahiers d'économie politique
Numéro no 12, printemps 1986 La demande effective dans la pensée classique : reproduction et crises économiques
Rubrique / Thématique
La demande effective dans la Pensée Classique : reproduction et crises économiques
Page 3-39
Résumé anglais R. Torrens asserts that the most important contribution of his main work is the theory of effectual demand and the explanation of general glut. His theory contrasts with the theses of both T.R. Ma/thus on the one hand and J. Mill and J.B. Say (and consequently D. Ricardo) on the other. In this paper, starting from Torrens' definition of effectual demand, a model of reproduction is built up in which the conditions for the general glut can be established. On the ground of the results which are obtained : (i) a comparison is made between Torrens' and Sraffa's theories of prices and homothetic commodity, (ii) the problem of the incompatibility between the classical law of competition and the law of reproduction is raised.
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