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Critical Essays on Piero Sraffa's Legacy in Economics

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  • Kurz,Heinz D.

Abstract

This collection offers a critical assessment of the published works of Piero Sraffa, one of the leading economists of the twentieth century, and their legacy for the economics profession. The topics covered explore Sraffa's interpretation of the classical economists; his theory of value and distribution; his critique of partial and general neoclassical equilibrium theory; his focus on the problem of capital; and his critique of Hayek's monetary overinvestment theory of the business cycle. Specific issues investigated include intertemporal general equilibrium theory and the capital problem; the probability of reswitching; Ricardo, Malthus, and the corn model; and the meaning and implication of the capital controversy. Among the contributors are many of the world's leading students of Sraffian economics, including Nobel Laureate Paul Samuelson, Christian Bidard, Edwin Burmeister, John Eatwell, Pierangelo Garegnani, Samuel Hollander, Heinz Kurz, Lynn Mainwaring, Neri Salvadori, Bertram Schefold and Ian Steedman.

Suggested Citation

  • Kurz,Heinz D. (ed.), 2000. "Critical Essays on Piero Sraffa's Legacy in Economics," Cambridge Books, Cambridge University Press, number 9780521580892.
    • Handle: RePEc:cup:cbooks:9780521580892
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    Citations

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    Cited by:

    1. Claudius Gräbner, 2017. "The Complexity of Economies and Pluralism in Economics," Journal of Contextual Economics (JCE) – Schmollers Jahrbuch, Duncker & Humblot, Berlin, vol. 137(3), pages 193-225.
    2. Tony Aspromourgos, 2004. "Sraffian research programmes and unorthodox economics," Review of Political Economy, Taylor & Francis Journals, vol. 16(2), pages 179-206.
    3. Guillermo Flichman & Florence Jacquet, 2003. "Le couplage des modèles agronomiques et économiques : intérêt pour l'analyse des politiques," Post-Print hal-01201042, HAL.
    4. Fratini, Saverio M., 2018. "A note on re-switching and the neo-Austrian concept of the average period of production," MPRA Paper 87306, University Library of Munich, Germany.
    5. Kersting, Götz & Schefold, Bertram, 2021. "Best techniques leave little room for substitution. A new critique of the production function," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 509-533.
    6. Heinz Kurz, 2006. "Whither the history of economic thought? Going nowhere rather slowly?," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(4), pages 463-488.
    7. Pierangelo Garegnani, 2005. "Capital And Intertemporal Equilibria: A Reply To Mandler," Metroeconomica, Wiley Blackwell, vol. 56(4), pages 411-437, November.
    8. Heinz Kurz, 2010. "Aiming for a 'Higher Prize'Paul Anthony Samuelson (1915-2009)," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(3), pages 513-520.
    9. Flichman, Guillermo & Jacquet, Florence, 2003. "Le couplage des modèles agronomiques et économiques : intérêt pour l'analyse des politiques," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 67.
    10. Harvey Gram, 2003. "Joan Robinson: classical revivalist or neoclassical critic?," Review of Political Economy, Taylor & Francis Journals, vol. 15(4), pages 493-508.
    11. S K Mishra, 2010. "A Brief History of Production Functions," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(4), pages 6-34, November.
    12. Saverio M. Fratini, 2004. "The index theorem and the uniqueness of equilibrium with production: some considerations on the limitations of procedure," Levine's Bibliography 666156000000000444, UCLA Department of Economics.
    13. Hansjoerg Klausinger, 2011. "Hayek's Geldtheoretische Untersuchungen : New insights from a 1925--29 typescript," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 18(4), pages 579-600, October.
    14. Sergio Nistico & Giorgio Rodano, 2005. "Reflections on Sraffa's Legacy in Economics: A review essay," Review of Political Economy, Taylor & Francis Journals, vol. 17(3), pages 471-487.
    15. Avi J. Cohen, 2003. "Retrospectives: Whatever Happened to the Cambridge Capital Theory Controversies?," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 199-214, Winter.
    16. Christian Gehrke, 2003. "On the Transition from Long-period to Short-period Equilibria," Review of Political Economy, Taylor & Francis Journals, vol. 15(1), pages 85-106.
    17. Bertram Schefold, 2005. "Reswitching As A Cause Of Instability Of Intertemporal Equilibrium," Metroeconomica, Wiley Blackwell, vol. 56(4), pages 438-476, November.
    18. Pierangelo Garegnani, 2007. "Professor Foley and Classical Policy Analysis," Review of Political Economy, Taylor & Francis Journals, vol. 19(2), pages 221-242.
    19. Bertram Schefold, 2005. "Zero Wages—No Problem? A Reply To Mandler," Metroeconomica, Wiley Blackwell, vol. 56(4), pages 503-513, November.
    20. Guido Erreygers & Claudia Rotondi, 2017. "The catalogue of Piero Sraffa’s library: what can we learn from a bibliophile and his philological rigor?," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 34(2), pages 355-360, August.
    21. Pierangelo Garegnani, 2007. "Professor Samuelson on Sraffa and the classical economists," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 14(2), pages 181-242.
    22. Alves, C., 2022. "Joan Robinson in 1942, an encounter between Marxian Economics and Macroeconomics," Cambridge Working Papers in Economics 2226, Faculty of Economics, University of Cambridge.

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