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Sraffa's Mathematical Economics - A Constructive Interpretation

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  • K. Vela Velupillai

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    Abstract

    The 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 Info

    Paper provided by Department of Economics, University of Trento, Italia in its series Department of Economics Working Papers with number 0702.

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    Date of creation: 2007
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    Handle: RePEc:trn:utwpde:0702

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    Keywords: Existence Proofs; Constructive Mathematics; Algorithmic Mathematics; Mathematical Economics; Standard System.;

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    1. Desai, Meghnad & Ormerod, Paul, 1998. "Richard Goodwin: A Short Appreciation," Economic Journal, Royal Economic Society, vol. 108(450), pages 1431-35, September.
    2. Debreu, Gerard, 1984. "Economic Theory in the Mathematical Mode," American Economic Review, American Economic Association, vol. 74(3), pages 267-78, June.
    3. Debreu, Gerard, 1991. "The Mathematization of Economic Theory," American Economic Review, American Economic Association, vol. 81(1), pages 1-7, March.
    4. Sen, Amartya K, 1974. "On Some Debates in Capital Theory," Economica, London School of Economics and Political Science, vol. 41(163), pages 328-35, August.
    5. Smale, Stephen, 1976. "Dynamics in General Equilibrium Theory," American Economic Review, American Economic Association, vol. 66(2), pages 288-94, May.
    6. Debreu, Gerard, 1986. "Theoretical Models: Mathematical Forms and Economic Content," Econometrica, Econometric Society, vol. 54(6), pages 1259-70, November.
    7. Guglielmo Chiodi, 1998. "On Non-self-replacing States," Metroeconomica, Wiley Blackwell, vol. 49(1), pages 97-107, 02.
    8. Hahn, Frank, 1982. "The Neo-Ricardians," Cambridge Journal of Economics, Oxford University Press, vol. 6(4), pages 353-74, December.
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    Cited by:
    1. Birolo, Adriano, 2010. "The path of a scholar," MPRA Paper 30734, University Library of Munich, Germany.

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