Author: Terenzio Cozzi
Publisher: Routledge
ISBN: 1134592167
Category : Business & Economics
Languages : en
Pages : 817
Book Description
A century after his birth, this volume presents a re-assessment of the life and work of Piero Sraffa, one of the great economists of the twentieth century. From his anti-Marshallian articles of 1925 and 1926 to his classic work on the theory of capital, Production of Commodities by Means of Commodities, Sraffa's contribution to the study of economi
Piero Sraffa's Political Economy
Author: Terenzio Cozzi
Publisher: Routledge
ISBN: 1134592167
Category : Business & Economics
Languages : en
Pages : 817
Book Description
A century after his birth, this volume presents a re-assessment of the life and work of Piero Sraffa, one of the great economists of the twentieth century. From his anti-Marshallian articles of 1925 and 1926 to his classic work on the theory of capital, Production of Commodities by Means of Commodities, Sraffa's contribution to the study of economi
Publisher: Routledge
ISBN: 1134592167
Category : Business & Economics
Languages : en
Pages : 817
Book Description
A century after his birth, this volume presents a re-assessment of the life and work of Piero Sraffa, one of the great economists of the twentieth century. From his anti-Marshallian articles of 1925 and 1926 to his classic work on the theory of capital, Production of Commodities by Means of Commodities, Sraffa's contribution to the study of economi
A Revolution in Economic Theory
Author: Ajit Sinha
Publisher: Springer
ISBN: 3319306162
Category : Business & Economics
Languages : en
Pages : 255
Book Description
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Publisher: Springer
ISBN: 3319306162
Category : Business & Economics
Languages : en
Pages : 255
Book Description
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Production of Commodities by Means of Commodities
Author: Piero Sraffa
Publisher: CUP Archive
ISBN: 9780521065399
Category : Business & Economics
Languages : en
Pages : 116
Book Description
First paperback edition, 1975.
Publisher: CUP Archive
ISBN: 9780521065399
Category : Business & Economics
Languages : en
Pages : 116
Book Description
First paperback edition, 1975.
Capital Theory and Political Economy
Author: Lefteris Tsoulfidis
Publisher: Routledge
ISBN: 1351239406
Category : Business & Economics
Languages : en
Pages : 239
Book Description
In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according to which the prices of factors of production directly depend on their relative scarcities. Sraffa showed that when income distribution changes, there are many complexities developed within the economic system impacting on prices in ways which are not possible to predict. These debates were revisited in the 1980s and again more recently, along with a parallel literature that has developed among neoclassical economists and has also looked at the impact of shocks on an economy. This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also pinpoints the similarities and differences between the various approaches and critically evaluates them in light of available empirical evidence. The focus of the book is on the price trajectories induced by changes in income distribution and the resulting shape of the wage rates of profit curves and frontier. These issues are central to areas such as microeconomics, international trade, growth, technological change and macro stability analysis. Each chapter starts with the theoretical issues involved, followed by their formalization and subsequently with their operationalization. More specifically, the variables of the classical theory of value and distribution are rigorously defined and quantified using actual input–output data from a number of major economies, but mainly from the USA, over long stretches of time. The empirical results are not only consistent with the anticipations of the theory but also further inform and therefore strengthen its predictive content raising new significant questions.
Publisher: Routledge
ISBN: 1351239406
Category : Business & Economics
Languages : en
Pages : 239
Book Description
In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according to which the prices of factors of production directly depend on their relative scarcities. Sraffa showed that when income distribution changes, there are many complexities developed within the economic system impacting on prices in ways which are not possible to predict. These debates were revisited in the 1980s and again more recently, along with a parallel literature that has developed among neoclassical economists and has also looked at the impact of shocks on an economy. This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also pinpoints the similarities and differences between the various approaches and critically evaluates them in light of available empirical evidence. The focus of the book is on the price trajectories induced by changes in income distribution and the resulting shape of the wage rates of profit curves and frontier. These issues are central to areas such as microeconomics, international trade, growth, technological change and macro stability analysis. Each chapter starts with the theoretical issues involved, followed by their formalization and subsequently with their operationalization. More specifically, the variables of the classical theory of value and distribution are rigorously defined and quantified using actual input–output data from a number of major economies, but mainly from the USA, over long stretches of time. The empirical results are not only consistent with the anticipations of the theory but also further inform and therefore strengthen its predictive content raising new significant questions.
Radical Political Economy
Author: Robin Hahnel
Publisher: Taylor & Francis
ISBN: 1351688073
Category : Business & Economics
Languages : en
Pages : 119
Book Description
This book provides a point-by-point comparison of Sraffian and Marxian treatments of prices, profits, technological change, economic crises, environmental sustainability, and the moral case against capitalism, are presented in six core chapters. They explain how the Sraffian treatment surpasses the Marxian treatment in every case. Large professional literatures are thoroughly referenced throughout, with both Marxian and Sraffian theories presented in a highly accessible way. This book is of great importance to those who study Sraffa and Marx, as well as academics and students who are interested in political economy, history of economic thought and economic theory and philosophy.
Publisher: Taylor & Francis
ISBN: 1351688073
Category : Business & Economics
Languages : en
Pages : 119
Book Description
This book provides a point-by-point comparison of Sraffian and Marxian treatments of prices, profits, technological change, economic crises, environmental sustainability, and the moral case against capitalism, are presented in six core chapters. They explain how the Sraffian treatment surpasses the Marxian treatment in every case. Large professional literatures are thoroughly referenced throughout, with both Marxian and Sraffian theories presented in a highly accessible way. This book is of great importance to those who study Sraffa and Marx, as well as academics and students who are interested in political economy, history of economic thought and economic theory and philosophy.
The Age of Fragmentation
Author: Alessandro Roncaglia
Publisher: Cambridge University Press
ISBN: 1108478441
Category : Business & Economics
Languages : en
Pages : 453
Book Description
A wide-ranging historical account and critical analysis of the global development of economics from 1940 to the present day.
Publisher: Cambridge University Press
ISBN: 1108478441
Category : Business & Economics
Languages : en
Pages : 453
Book Description
A wide-ranging historical account and critical analysis of the global development of economics from 1940 to the present day.
Classical and Marxian Political Economy
Author: Ian C. Bradley
Publisher: Springer
ISBN: 1349167231
Category : Political Science
Languages : en
Pages : 316
Book Description
Publisher: Springer
ISBN: 1349167231
Category : Political Science
Languages : en
Pages : 316
Book Description
A Reflection on Sraffa’s Revolution in Economic Theory
Author: Ajit Sinha
Publisher: Springer Nature
ISBN: 303047206X
Category : Business & Economics
Languages : en
Pages : 611
Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
Publisher: Springer Nature
ISBN: 303047206X
Category : Business & Economics
Languages : en
Pages : 611
Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
Contributions to Political Economy
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 540
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 540
Book Description
Sraffian Economics
Author: Ian Steedman
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 408
Book Description
This is part of a two-volume set, the price for which is #149.95.
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 408
Book Description
This is part of a two-volume set, the price for which is #149.95.