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From Ricardo to Sraffa: A Quest for a Modern Classical Standpoint on Money

In: A Reflection on Sraffa’s Revolution in Economic Theory

Author

Listed:
  • Ghislain Deleplace

    (University of Paris 8 Vincennes-Saint-Denis)

Abstract

The topic of the chapter is the possibility of a consistency between Sraffa’s price system and Ricardo’s theory of money. Some directions in which such consistency has been looked for are discussed, focusing on a specific one based on my understanding of Ricardo’s theory of money (in Deleplace, Ricardo on Money, A Reappraisal, Abingdon: Routledge, 2017) and on some writings by Sraffa prior to Production of Commodities. As such, the chapter aims at contributing to a quest for a modern Classical standpoint on money, if by “modern Classical” one means faithful to Ricardo—the greatest Classical author on money—and consistent with a Sraffa system of prices.

Suggested Citation

  • Ghislain Deleplace, 2021. "From Ricardo to Sraffa: A Quest for a Modern Classical Standpoint on Money," Palgrave Studies in the History of Economic Thought, in: Ajit Sinha (ed.), A Reflection on Sraffa’s Revolution in Economic Theory, chapter 0, pages 499-536, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-030-47206-1_16
    DOI: 10.1007/978-3-030-47206-1_16
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