Sentence examples for labour theory from inspiring English sources

But he disagreed with Smith's labour theory of value.

It's called the "labour theory of value", and it was invented by a guy named Karl Marx.

The original edition of his book was the New Labour theory; this updated version is about New Labour in practice.

Adhering to David Ricardo's labour theory of value, Karl Marx held that human labour was the source of economic value.

Let me explain with a Marxian idea: the labour theory of value, and the associated notion of economic rent.

What the missing millions did not do was move to the right, as New Labour theory predicted.

This information revolution irrigated many different fields, including applied microeconomics, financial economics, labour market theory and the theory of the firm.

Pissarides wrote and lectured widely on labour market theory and policy, and his book Equilibrium Unemployment Theory (1990; 2nd ed. 2000) became a standard text in the field.

In sum, existing labour market theory does not provide a definitive direction of change in response to the macroeconomic conditions.

Drawing further on labour queue theory, we can argue that a high overall labour demand can negate the interrelation between occupational mismatch and unskilled employment.

According to labour queue theory (Thurow 1975), employers arrange applicants for a vacant position in an imaginary queue and consider the individual with the highest expected productivity.