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Production of Commodities by Means of Commodities in a Mathematical Mode

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  • K. Vela Velupillai

    (Department of Economics, National University of Ireland, Galway)

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 mode that all 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 is centred.

Suggested Citation

  • K. Vela Velupillai, 2006. "Production of Commodities by Means of Commodities in a Mathematical Mode," Working Papers 111, National University of Ireland Galway, Department of Economics, revised 2006.
  • Handle: RePEc:nig:wpaper:0111
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    File URL: http://www.economics.nuig.ie/resrch/paper.php?pid=118
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    References listed on IDEAS

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    JEL classification:

    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies

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