- How different are the approaches of Adam Smith and David Ricardo to the labor theory of value?
- Are the ideas of Smith and Ricardo on the theory of value still current today? Why or why not?
- What was the main contribution of John Bates Clark to the theory of distribution compared to David Ricardo?
- Do you think that Clark’s theory justifies the actual distribution of incomes in modern societies?
- What were the main elements of Friedman’s monetarism?
- Would you recommend a Keynesian or a monetarist/supply-sider approach to economic policy today? What’s the main reason?
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