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Reflections on Sraffa's Legacy in Economics: A review essay

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  • Sergio Nistico
  • Giorgio Rodano

Abstract

This paper reviews Heinz D. Kurz's edited collection of Critical Essays on Piero Sraffa's Legacy in Economics. Besides providing an evaluation of the various contributions to the volume, the paper discusses some broad issues such as the notion of 'price' emerging from Sraffa's Production of Commodities, the role of demand in Sraffa's theory, the classical approach to political economy, the Hayek-Keynes-Sraffa debate and the capital controversy.

Suggested Citation

  • Sergio Nistico & Giorgio Rodano, 2005. "Reflections on Sraffa's Legacy in Economics: A review essay," Review of Political Economy, Taylor & Francis Journals, vol. 17(3), pages 471-487.
    • Handle: RePEc:taf:revpoe:v:17:y:2005:i:3:p:471-487
    DOI: 10.1080/09538250500147304
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    References listed on IDEAS

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    1. Nicholas Kaldor, 1955. "Alternative Theories of Distribution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(2), pages 83-100.
    2. Kurz,Heinz D. (ed.), 2000. "Critical Essays on Piero Sraffa's Legacy in Economics," Cambridge Books, Cambridge University Press, number 9780521580892.
    3. Garegnani, P, 1982. "On Hollander's Interpretation of Ricardo's Early Theory of Profits," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 6(1), pages 65-77, March.
    4. Peach,Terry, 1993. "Interpreting Ricardo," Cambridge Books, Cambridge University Press, number 9780521260862.
    5. J. v. Neumann, 1945. "A Model of General Economic Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 13(1), pages 1-9.
    6. Hollander, Samuel, 1973. "Ricardo's Analysis of the Profit Rate, 1813-15," Economica, London School of Economics and Political Science, vol. 40(159), pages 260-282, August.
    7. Nisticò, Sergio, 1991. "Prices and Distributive Antagonism in the Work of Smith and Kalecki," Journal of the History of Economic Thought, Cambridge University Press, vol. 13(1), pages 54-69, April.
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