- Acknowledgments
- Preface
- 1. Adam’s Vision
- The Division of Labor
- The Theory of Value
- Capital Accumulation
- The Invisible Hand and the State
- Smith’s Theory of Money
- Adam’s Fallacy Revisited
- 2. Gloomy Science
- Second Thoughts
- Malthus and Population
- The Context of Malthus’s Essay
- Malthus’s Postulates
- Malthusian Logic
- Population and Food since Malthus’s Time
- Ricardo and the Limits to Growth
- Ricardo’s Labor Theory of Value
- Accumulation and the Stationary State
- Ricardo’s Views on Machinery
- The Political Economy of Poverty
- 3. The Severest Critic
- Historical Materialism
- The Commodity and the Theory of Value
- Capitalist Exploitation
- Accumulation and the Falling Rate of Profit
- Primitive Accumulation
- The Transition to Socialism
- Marx and Proletarian Revolution
- Marxist Theory and Social Change
- 4. On the Margins
- Adam’s Fallacy Needs New Shoes
- Marginalism
- Where Do Prices Come From?
- Marginalism and Social Welfare
- Marginalism and Time
- Veblen and Conspicuous Consumption
- 5. Voices in the Air
- John Maynard Keynes
- World Capitalism in Keynes’s Time
- Say’s Law and Laissez-Faire
- Labor Markets and Unemployment
- Expectations and Money
- The Fate of Capitalism
- Complexity vs. Collectivism
- The Prophet of Technology
- 6. Grand Illusions
- Looking in the Mirror
- Two-Armed Economists
- Escaping Adam’s Fallacy
- Face to Face with Adam’s Curse
- Reading Further
- Appendix
- Demographic Equilibrium
- Theories of Money and Prices
- Ricardo’s Theory of Rent and Accumulation
- Decomposition of the Value of Commodities
- The Working Day
- Index


Adam’s Fallacy
A Guide to Economic Theology
Product Details
PAPERBACK
$26.00 • £20.95 • €23.50
ISBN 9780674027299
Publication Date: 04/30/2008