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Okishio’s Book review on P. Sraffa: Production of commodities by means of commodities—prelude to a critique of economic theory

Author

Listed:
  • Nobuo Okishio

    (Kobe University)

  • Taiji Hagiwara

    (Okayama Shoka University)

  • Hiroko Hagiwara

    (University of Hyogo)

Abstract

In the seminar on Political Economy (at Toyama University, 11th November 2023), Professors Kurz and Salvadore raised the question why Okishio did not refer Sraffa in Okishio (2022). Okishio wrote book review on Sraffa (Production of commodities by means of commodities—prelude to a critique of economic theory. Cambridge University Press, Cambridge, 1960) just after its publication (Okishio in Kokumin-Keizai-Zasshi 103(3):104–112, 1961, 10.24546/00167714). He read Sraffa carefully and compared Sraffa's definition of basic commodity with Okishio's one. He resulted that his own definition is more useful than Sraffa's one.

Suggested Citation

  • Nobuo Okishio & Taiji Hagiwara & Hiroko Hagiwara, 2025. "Okishio’s Book review on P. Sraffa: Production of commodities by means of commodities—prelude to a critique of economic theory," Evolutionary and Institutional Economics Review, Springer, vol. 22(1), pages 109-118, April.
    • Handle: RePEc:spr:eaiere:v:22:y:2025:i:1:d:10.1007_s40844-025-00297-3
    DOI: 10.1007/s40844-025-00297-3
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    Keywords

    Sraffa; Ricardo; Profit rate; Wage rate; Basic commodity;
    All these keywords.

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

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