Samuel Mountifort Longfield
Samuel Mountifort Longfield (1802 - November 21, 1884) was an Irish lawyer and economist. He was the first Professor of Political Economy at Trinity College Dublin.
His most important work in economics was "Lectures on Political Economy", which was published in 1834. He argued against the labor theory of value and developed a marginal revenue productivity theory of labour and capital. It was unusual for its time and was only rediscovered after 1900; some of his ideas on capital and interest foreshadowed the work of the Austrian School.[1]
His main approaches revolved around the labor theory of value, an analysis of capital and distribution theory (based on a concept of marginal productivity). He applies insofar as the representative of the marginal utility theory avant la lettre.
Works
- Four Lectures on Poor Laws, 1834.
- Lectures on Political Economy, 1834 ISBN 1409959198
- Three Lectures on Commerce and One on Absenteeism, 1835
Literature
- Joseph A. Schumpeter, Geschichte der ökonomischen Analyse, Kap. 4,1 (Kurze Würdigung)
- Laurence S. Moss, Mountifort Longfield. Ireland's First Professor of Political Economy
- E.R.A. Seligman, On Some Neglected British Economists
External links
- Samuel Mountifort Longfield
- Mountifort Longfield - biography - Irish economist - Encyclopædia Britannica[2]
References
- ↑ 'The Penguin Dictionary of Economics' Graham Bannock, RE Baxter and Evan Davis, 1992
- ↑ "Mountifort Longfield | biography - Irish economist". Encyclopedia Britannica. Retrieved 2015-02-03.
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