Piero Sraffa: economic reality, the economist and economic theory: an interpretation

Neri Salvadori () and Rodolfo Signorino

Journal of Economic Methodology, 2007, vol. 14, issue 2, pages 187-209

Abstract: We carry out a textual analysis of Sraffa's main published contributions to pure economics in order to elaborate a rational reconstruction of an aspect of Sraffa's implicit methodology which has not yet been duly investigated. We refer to the threefold relationship between 'economic reality', 'the economist/observer' and 'economic theory'. We elucidate the constraints which, for Sraffa, should bind the economists' arbitrariness and we trace the elements of continuity and evolution from the 1925-6 critique of Marshallian economics to Production of Commodities.

Keywords: Piero Sraffa; methodology; theory of value; laws of returns; marginalism; classical economics; joint production (search for similar items in EconPapers)
Date: 2007

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