The Marshallian system

Giacomo Becattini
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Giacomo Becattini: Università degli Studi Firenze

Marshall Studies Bulletin, 2012, vol. 13

Abstract: This essay by Giacomo Becattini is the translation of a chapter from his volume "Il concetto d'industria e la teoria del valore" ("The concept of industry and the theory of value"), originally published in Italian by the Turin scientific publisher Paolo Boringhieri in 1962. This was the first substantial work in economic theory by Becattini, then a young lecturer at the University of Florence: the subject can be described as a critique of economic methodology centered on the contradictions in the theory of value engendered by inadequate definitions of the constitutive categories of "industry" and "commodity".

Date: 2012
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