Comments on Nobuo Okishio’s review of Piero Sraffa’s Production of commodities by means of commodities (1960)

Heinz D. Kurz and Neri Salvadori ()
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Heinz D. Kurz: University of Graz
Neri Salvadori: University of Pisa

Evolutionary and Institutional Economics Review, 2025, vol. 22, issue 1, No 8, 119-125

Abstract: Abstract In this note we scrutinize and comment on Nobuo Okishio’s review of Piero Sraffa’s Production of Commodities by Means of Commodities. We limit ourselves only to observations by Okishio which we consider debatable. These concern in particular his treatment of wages in the price equations, his interpretation of Sraffa’s Standard commodity and his criticism of the marginalist theory of value and distribution.

Keywords: Sraffa; Okishio; Standard commodity; Wages; Marginalist theory of value and distribution (search for similar items in EconPapers)
JEL-codes: B24 B31 B51 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s40844-024-00289-9

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