Capital-2
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Episode 180

Ramsay makes the following remark against Ricardo: ". . . He seems always to consider the whole produce as divided between wages and profits, forgetting the part necessary for replacing fixed capital." ( An Essay on the Distribution of Wealth , Edinburgh, 1836, p. 174.) By fixed capital Ramsay means...

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179 Episode 179
180 Episode 180
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Capital-2

Episode 180

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