1. "Ricardo and Malthus share common views on the development of a country's population. However, their theories put them on opposing sides in the major struggle of their time.'' Explain.
2. Present and compare the positions of Bentham and J.S. Mill on the role of government.
3. "N. Senior writes "By the word Abstinence, we wish to express that agent, distinct from labour and the agency of nature, the concurrence of which is necessary to the existence of Capital, and which stands in the same relation to Profit as Labour does to Wages'' (Medema and Samuels, 2013, 339).'' Explain how Karl Marx employs a labor theory of value to provide a very different answer than Senior or Ricardo did on the origin of profits.
This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.
In England since medieval times the trade regulation, taxes, and tariffs are relatively harmless because they were not strictly binding in what the free market would provide. ...
This is only a preview of the solution. Please use the purchase button to see the entire solution