L

labour 88, 89, 90

cost 19, 84

cost theory 117

definition 402

-money scheme 310

quantity 113-14, 392

-quantity theory of cost 87

theory 106-7, 282, 441

of value 18, 87, 98, 103, 107, 123, 124, 137, 278, 328, 395, 400, 401, 409-11, 417, 462see also division; productive versus unproductive

Laffitte, Jacques 387

laissez-faire213-14, 218, 301, 360

banking school 262, 266

and class concept 385, 386, 387, 399, 400, 401, 402

currency school 245, 246, 248, 255, 266

France 501-5see also under Bastiat

government 76

Mill, James and Ricardian system 77, 78, 92, 93

Ricardian economics 278, 281, 286, 289, 293

Ricardian system decline 103, 107, 120, 143

Say, J.B. 3, 4, 9, 26

state and taxation 40

to statism 49-56

Lalor, J. 443

Lamartine, Alphonse Marie Louis 447

Lamoreaux, Naomi R. 435

LaNauze, J.A. 474, 504

landlords 91, 286see also rent

Larcom, Thomas 126

Lassalle, Ferdinand 107, 343, 393, 434see also Lassallean

Lassallean 332, 343

Latin America 10, 227, 309

Lauderdale, Lord see Maitland, James

Lawrence, D.H. 358, 496

laws of motion

business cycle crisis 428-33

capital accumulation and centralization 417-22

working class impoverishment 422-8

Lawson, James Anthony 124-7, 485

League of the Just 309, 310

League of Outlaws 308, 309

Lebowitz, Michael A. 501

Left Hegelians 360-64

Leijonhufvud, Axel 45

Lenin, V.I. 71, 74, 81, 96, 288, 303, 305, 320, 333, 335, 344, 361, 433see also Leninism; Leninist

Leninism 306

Leninist 311, 320, 362, 418, 426, 435

Levasseur, Émile 443

Levy, Alastair 474

Levy, S. Leon 485

Lexis, Wilhelm 434

libertarian class analysis 75-8

Libya 335

Lieber, Francis 466

Liebknecht, Wilhelm 374

Liggio, Leonard P. 44, 480, 494, 499

Link, Albert 481

Link, Robert G. 490

Liszt, Franz 388

Liverpool Currency Reform Association 263

Liverpool, Earl of see Jenkinson, Robert Banks

Lloyd, Reverend Charles 127-8, 209

Lloyd, William Forster 127-30, 154, 485, 486

Locke, John 180, 220, 400see also Lockean

Lockean 402

Londonderry, Marquis of see Stewart, Robert

Long, Douglas C. 66, 67, 68, 482

Longfield, Samuel Mountifort 110, 121-4, 126, 127, 129, 133, 134, 139-40, 230, 285, 471, 485

‘Banking and Currency’ 241

Lectures on Political Economy290see also Longfieldian

Longfieldian 135

Lord King, Peter 169-70, 176, 179, 185, 186, 188, 193, 195, 209, 221, 488

and bullionism culmination 179-84

Thoughts on the Effects of the Bank Restriction179, 180, 184

Loria, Achille 416, 434, 472

Louis XIV, King 427

Loyd, Samuel Jones (Lord Overstone) 241, 245, 250, 260, 264, 265, 270, 271, 272

Ludlow, John Malcolm 282

Lushington family 189

Lutheranism 337, 349, 352

Luttrell, Clifton B. 480, 489