An Austrian Perspective on the History of Economic Thought

4. The decline of the Ricardian system, 1820-48

4   The decline of the Ricardian system, 1820–48

4.1  The conundrum of Ricardo’s popularity

4.2  The rapid decline of Ricardian economics

4.3  The theory of rent

4.4  Colonel Perronet Thompson: anti-Ricardian Benthamite

4.5  Samuel Bailey and the subjective utility theory of value

4.6  Nassau Senior, the Whately connection, and utility theory

4.7  William Forster Lloyd and utility theory in England

4.8  A utility theorist in Kentucky

4.9  Wages and profits

4.10  Abstinence and time in the theory of profits

4.11  John Rae and the ‘Austrian’ theory of capital and interest

4.12  Nassau Senior, praxeology, and John Stuart Mill

4.13  Notes