Economics Dictionary of ArgumentsHome
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| Production: Production in economics refers to the process of combining inputs like labor, capital, and raw materials to create goods or services that satisfy human needs and have economic value. It involves transforming resources into outputs through various methods, contributing to economic growth and wealth creation._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Francois Quesnay on Production - Dictionary of Arguments
Kurz I 12 Production/Quesnay/Kurz: As is well known, François Quesnay’s original Tableau(1) contains a summary account of national production, distribution and consumption during a given year, in the mid eighteenth century, for France. Most importantly for our purpose, it takes the distribution of the surplus product, or produit net, and the corresponding prices to be given and known. However, it is clear that the given distribution of the net product exclusively in terms of rents to landlords and the given prices must satisfy the constraints imposed by the given system of production, which distinguishes only between two production sectors of the economy, primary production (agriculture, mining, forestry, etc.), or la classe productive, and manufacturing, or la classe stérile. 1. Quesnay, F. (1972) Quesnay’s Tableau Economique [1759], edited by M. Kuczynski and R.L. Meek (London: Macmillan). Heinz D. Kurz and Neri Salvadori 2015. „Input–output analysis from a wider perspective. A comparison of the early works of Leontief and Sraffa“. In: Kurz, Heinz; Salvadori, Neri 2015. Revisiting Classical Economics: Studies in Long-Period Analysis (Routledge Studies in the History of Economics). London, UK: Routledge._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconQues I Francois Quesnay Analyse du Tableau Economique Paris 1768 Kurz I Heinz D. Kurz Neri Salvadori Revisiting Classical Economics: Studies in Long-Period Analysis (Routledge Studies in the History of Economics). Routledge. London 2015 |
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