Malthus and Ricardo on the determinants of the rate of profit

Vol. 12 No. 1 (1992)

Jan-Mar / 1992
Published January 1, 1992
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Amadeo, Edward J., and Estevão K. X. Bastos. 1992. “Malthus and Ricardo on the Determinants of the Rate of Profit”. Brazilian Journal of Political Economy 12 (1):49-58. https://doi.org/10.1590/0101-31571992-0642.
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Malthus and Ricardo on the determinants of the rate of profit

Edward J. Amadeo
Da Pontifícia Universidade Católica do Rio de Janeiro – PUC/ RJ, Rio de Janeiro/RJ, Brasil.
Estevão K. X. Bastos
Da Pontifícia Universidade Católica do Rio de Janeiro – PUC/ RJ, Rio de Janeiro/RJ, Brasil.
Brazilian Journal of Political Economy, Vol. 12 No. 1 (1992), Jan-Mar / 1992, Pages 49-58

Abstract

This paper examines the controversy between Malthus and Ricardo about the
determinants of the rate of profit. It suggests a stylized model which allows a differentiation
between the “limiting principle” and the “regulating principle” Malthus proposed. It also
comments on selected quotations from texts by Malthus, Ricardo and Keynes.

JEL Classification: B1.


Keywords: Profit rate Malthus Ricardo

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