RICARDO AND THE TRUE CLASSICAL LABOR THEORY
§ 1. General estimate of Ricardo’s theory 41
§ 2. At foundation an attempt to reconcile the “philosophical”
and “empirical” accounts 42
§ 3. Preliminary conditions of the theory laid down by Ricardo
himself 44
§ 4. How determine quantity of labor; unsatisfactory treatment
of skilled labor; labor indirectly applied 46
§ 5. The introduction of interest on capital as an element in
cost of production (i. e., entrepreneur’s cost) 49
§ 6. In Ricardo’s conception, interest enters into Natural Price
or Normal Value, though he does not make this clear 50
§ 7. Essence of Ricardo’s explanation of the complication of
interest 52
§ 8. Peculiarly round-about form of statement of the same 53
§ 9. Ricardo’s explanation of the complication also positively
misleading 55
§ 10. Summary 56