Sraffa's Mathematical Economics - A Constructive Interpretation
AbstractThe claim in this paper is that Sraffa employed a rigorous logic of mathematical reasoning in his book, Production of Commodities by Means of Commodities (PCC), in such a way that the existence proofs were constructive. This is the kind of mathematics that was prevalent at the beginning of the 19th century, which was dominated by the concrete, the constructive and the algorithmic. It is, therefore, completely consistent with the economics of the 19th century, which was the fulcrum around which the economics of PCC was conceived.
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Bibliographic InfoPaper provided by Department of Economics, University of Trento, Italia in its series Department of Economics Working Papers with number 0702.
Date of creation: 2007
Date of revision:
Existence Proofs; Constructive Mathematics; Algorithmic Mathematics; Mathematical Economics; Standard System.;
Other versions of this item:
- K. Vela Velupillai, 2008. "Sraffa's mathematical economics: a constructive interpretation," Journal of Economic Methodology, Taylor & Francis Journals, vol. 15(4), pages 325-342.
- B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
- B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-03-31 (All new papers)
- NEP-HIS-2007-03-31 (Business, Economic & Financial History)
- NEP-HPE-2007-03-31 (History & Philosophy of Economics)
- NEP-PKE-2007-03-31 (Post Keynesian Economics)
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