Timeline
88 dated · 89 undated · 350 BCE – 1993
- 350 BCE
- 1162
- 1215
- 1218
- 1225
- 1244
- 1250
- 1274
- 1290
- 1348
- 1385
- 1402
- 1451
- 1472
- 1478
- 1480
- 1484
- 1490
- 1492
- 1493
- 1494
- 1499
- 1500
- 1503
- 1504
- 1509
- 1511
- 1512
- 1513
- 1515
- 1521
- 1525
- 1527
- 1528
- 1532
- 1535
- 1536
- 1537
- 1540
- 1542
- 1545
- 1548
- 1549
- 1550
- 1551
- 1552
- 1554
- 1555
- 1578
- 1582
- 1583
- 1586
- 1592
- 1609
- 1618
- 1646
- 1723
- 1772
- 1817
- 1818
- 1835
- 1840
- 1842
- 1851
- 1867
- 1879
- 1881
- 1882
- 1883
- 1899
- 1912
- 1913
- 1926
- 1993
- Undated
Relationships11
historical precursor and foundational variant
The labor theory of value is a specific, influential version of the cost-of-production theory that posits labor as the primary source of value, famously developed by classical economists like Adam Smith and David Ricardo.
theoretical framework that superseded cost-based theories
Marginalism shifted the focus of value theory from the total costs of production to the utility of the last unit consumed, effectively rendering the cost-of-production theory obsolete for explaining price formation.
Relationships1
historical precursor and foundational variant
The labor theory of value is a specific, influential version of the cost-of-production theory that posits labor as the primary source of value, famously developed by classical economists like Adam Smith and David Ricardo.
Relationships3
theoretical framework that superseded cost-based theories
Marginalism shifted the focus of value theory from the total costs of production to the utility of the last unit consumed, effectively rendering the cost-of-production theory obsolete for explaining price formation.