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Record W4403953570 · doi:10.16995/rhetm.17494

Hume and the Labor Theory of Value

2024· article· en· W4403953570 on OpenAlexaff

Bibliographic record

VenueReview of the history of economic thought and methodology. · 2024
Typearticle
Languageen
FieldSocial Sciences
TopicIntellectual Property Law
Canadian institutionsUniversity of British Columbia
Fundersnot available
KeywordsComputer science

Abstract

fetched live from OpenAlex

The received view does not associate David Hume with the genesis of the labor theory of value, but as is argued here, Hume issued a number of key propositions that belong to the labor theory of value such that he rightly belongs to the classical school of political economy. Hume articulated both the analytic claim, that labor is the primary determinant of exchange-value and hence the price, and the explanatory claim, that a price could be reduced down to the labor embodied in its production. His attention, however, was directed more to the quality than the quantity of labor and in that respect there was no direct correlation between the temporal units of labor and the price. Insofar as wages and profits are inversely related, or so he argued, the falling rate of profit over the past century meant that wages had become the primary factor in determing a price. Furthermore, Hume treated capital goods as stored labor, and put much weight on the role of the new work ethic and the growth of artisanal production which had contributed, in part, to the unprecedented wealth of Western Europe. Hume also recommended that the state adopt policies to improve the mobility and supply of labor, and promote a healthier and happier population.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.012
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Review · Consensus signal: Review
Teacher disagreement score0.936
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0120.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0000.003
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.154
GPT teacher head0.363
Teacher spread0.209 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreReview

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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