Conclusions from the general theory of labour value formulas

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Journal paper

Russian Journal of Entrepreneurship *
№ 4 / February, 2014
* Этот журнал не выпускается в Первом экономическом издательстве

Please, cite as:
Petukhov V.A. Sledstviya iz formul obshchey teorii trudovoy stoimosti // Rossiyskoe predprinimatelstvo. – 2014. – Tom 15. – № 4. – S. 32-38.

Abstract:
The article presents modernised theory of David Ricardo, which allowed to justify the equality of all the production factors the creating profit and forming the rate of profit to explain the trend of downward and upward movements of the rate of profit and to build a new model of the medium-term economic cycle.

Keywords: economic cycle, the rate of profit, Ricardo’s theory, theory of labour value, constant capital

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