Article - Problems of Modern Economics

Borisov G. V.
Assistant Professor, Chair of the History of Economics and Economic Thought, Department of Economics, St.Petersburg State University, PhD (Economics)

History of analysis of K. Marx’ theory of production cost in economic literature (1894-1957) (Russia, St.Petersburg)

The article discusses Marxian problem of transformation labor costs into prices over the period after the publication of the 3d volume of “The Capital” until the publication of F. Setons’ work in 1957, analyzes Bohm Bawerk’s critical arguments against Marxian theory of transformation, as well as the contribution by L. von Bortkiewicz, J. Winternitz, R. Meek, and F. Seton into the analysis of the problem discussed. The author presents his own critical analysis of the historical transformation of costs into prices of production

Key words: Marxism, history of economic thought, labor theory of cost, transformation of costs into production prices, historical transformation

Литература
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