On Some Controversial Aspects of Sraffa's Theoretical System in the Second Half of the 1920s
AbstractThe object of these pages is to revive a critical reflection on the significance of Sraffa's early theoretical work in the five-year period running between 1925 and 1930. After identifying the main interpretative issues, attention is focused on Sraffa's thought on the shape of cost curves and its consequences on the relationship between price and quantity produced. The issues dealt with include the real motivations of Sraffs's criticism of Marshall's theory of value.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 43737.
Date of creation: 2001
Date of revision:
Sraffa; cost curves; value; price; laws of returns; Marshall;
Find related papers by JEL classification:
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
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- Panico, Carlo, 1991. "Some Notes on Marshallian Supply Functions," Economic Journal, Royal Economic Society, vol. 101(406), pages 557-69, May.
- Marshall, Alfred, 1890. "The Principles of Economics," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number marshall1890.
- Brian Loasby, 2002. "Content and method: an epistemic perspective on some historical episodes," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(1), pages 72-95.
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