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Whatever Happened to the Cambridge Capital Theory Controversies? (2003)

In: The Making of a Post-Keynesian Economist: Cambridge Harvest

Author

Listed:
  • G C Harcourt

    (University of Cambridge
    Jesus College
    University of Adelaide
    University of New South Wales)

Abstract

Her article precipitated into the public domain the Cambridge controversies in capital theory, so-called by Harcourt (1969) because the protagonists were principally associated directly or indirectly with Cambridge, England, or Cambridge, Massachusetts. The controversies raged from the mid-1950s through the mid-1970s, with highly prominent protagonists – Piero Sraffa, Joan Robinson, Luigi Pasinetti and Pierangelo Garegnani in the ‘English’ corner, versus Paul Samuelson, Robert Solow, Frank Hahn and Christopher Bliss in the ‘American’ or neoclassical corner1 – slugging it out in first-rank journals such as the Quarterly Journal of Economics, the Review of Economic Studies and the Economic Journal. Blaug (1975) and Harcourt (1972, 1976) cover both sides of the controversy.

Suggested Citation

  • G C Harcourt, 2012. "Whatever Happened to the Cambridge Capital Theory Controversies? (2003)," Palgrave Macmillan Books, in: The Making of a Post-Keynesian Economist: Cambridge Harvest, chapter 5, pages 112-130, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34865-3_6
    DOI: 10.1057/9780230348653_6
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    Cited by:

    1. Robert Dixon, 2018. "Marx 200 years on," The Economic and Labour Relations Review, , vol. 29(4), pages 481-500, December.

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