Morgan, Mary S. ORCID: 0000-0003-3471-2180 (2005) Experimental farming and Ricardo's political arithmetic of distribution. Working papers on the nature of evidence: how well do 'facts' travel? (03/05). Department of Economic History, London School of Economics and Political Science, London, UK.
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Abstract
The development of David Ricardo’s economic theory of distribution - the laws that determine the share of output between the economic classes - depended on specific connections at several levels between two practical sciences of the early 19th century, namely experimental agriculture and political economy. This paper shows how Ricardo, one of the foremost British economists of his day, combined his empirical knowledge of farming and agricultural experiments to develop both the content and method of Classical economics. The method of argument he developed depended upon numerical experiments that mirrored, in form and experience, the experimental accounts from agricultural science. The content of his arguments, and his derivation of the laws of distribution, depended critically on the effect of increased labour input into agriculture. This apparently hypothetical case was in fact a real question of political economy addressed by farming experiments within the context of the contemporary “spadehusbandry” debate.
Item Type: | Monograph (Working Paper) |
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Official URL: | http://www.lse.ac.uk/collections/economicHistory/p... |
Additional Information: | © 2005 The Author |
Divisions: | Economic History |
Subjects: | H Social Sciences > HC Economic History and Conditions S Agriculture > S Agriculture (General) H Social Sciences > HB Economic Theory D History General and Old World > D History (General) > D204 Modern History |
Date Deposited: | 05 Feb 2009 12:50 |
Last Modified: | 01 Nov 2024 04:51 |
Projects: | Large-Scale Technological Change |
Funders: | http://www.leverhulme.ac.uk/, Economic and Social Research Council |
URI: | http://eprints.lse.ac.uk/id/eprint/22545 |
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