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Sraffa's Mathematical Economics - A Constructive Interpretation

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Author Info
K. Vela Velupillai ()
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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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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Related research
Keywords: Existence Proofs; Constructive Mathematics; Algorithmic Mathematics; Mathematical Economics; Standard System.;

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Find related papers by JEL classification:
B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Quantitative and Mathematical
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 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

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  1. Debreu, Gerard, 1984. " Economic Theory in the Mathematical Mode," Scandinavian Journal of Economics, Blackwell Publishing, vol. 86(4), pages 393-410.
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  2. Desai, Meghnad & Ormerod, Paul, 1998. "Richard Goodwin: A Short Appreciation," Economic Journal, Royal Economic Society, vol. 108(450), pages 1431-35, September. [Downloadable!] (restricted)
  3. Neri Salvadori, 2005. "Introduction," Review of Political Economy, Taylor and Francis Journals, vol. 17(3), pages 345-348, July. [Downloadable!] (restricted)
  4. Debreu, Gerard, 1991. "The Mathematization of Economic Theory," American Economic Review, American Economic Association, vol. 81(1), pages 1-7, March.
  5. Debreu, Gerard, 1986. "Theoretical Models: Mathematical Forms and Economic Content," Econometrica, Econometric Society, vol. 54(6), pages 1259-70, November. [Downloadable!] (restricted)
  6. Hahn, Frank, 1982. "The Neo-Ricardians," Cambridge Journal of Economics, Oxford University Press, vol. 6(4), pages 353-74, December.
  7. Smale, Stephen, 1976. "Dynamics in General Equilibrium Theory," American Economic Review, American Economic Association, vol. 66(2), pages 288-94, May. [Downloadable!] (restricted)
  8. 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. [Downloadable!] (restricted)
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This page was last updated on 2009-11-19.


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