EconPapers    
Economics at your fingertips  
 

Introduction

Enrico Levrero ()

A chapter in Sraffa and the Reconstruction of Economic Theory: Volume One, 2013, pp 1-11 from Palgrave Macmillan

Abstract: Abstract It is widely recognised that Sraffa’s Production of Commodities by Means of Commodities (PCMC) is not simply a variant of a class of linear models, nor an incomplete general equilibrium model with stationary prices. Together with Sraffa’s 1951 ‘Introduction’ to Ricardo’s Works, Sraffa (1960) revived the old classical economists’ approach to value and distribution, proving that a correct price theory can spring from within that approach, and illustrating properties of the price system and of the choice of techniques which have resulted in a sharp contrast with the foundations of neoclassical (or marginalist) theory.

Keywords: Capital Good; Gini Index; Monetary Authority; Classical Economist; Wage Bargaining (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-31683-7_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137316837

DOI: 10.1057/9781137316837_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-01-23
Handle: RePEc:pal:palchp:978-1-137-31683-7_1