Journal Article

Don’t treat too ill my Piero! Interpreting Sraffa's papers

Heinz D. Kurz

in Cambridge Journal of Economics

Published on behalf of Cambridge Political Economy Society

Volume 36, issue 6, pages 1535-1569
Published in print November 2012 | ISSN: 0309-166X
Published online December 2012 | e-ISSN: 1464-3545 | DOI: https://dx.doi.org/10.1093/cje/bes065
Don’t treat too ill my Piero! Interpreting Sraffa's papers

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In this comment I scrutinise critically some of the views put forward in this Special Issue on Sraffa’s research programme, his accomplishments, and the relationship of his analysis to the analyses of Petty, the physiocrats, Adam Smith, Ricardo and Marx. A special concern is with the role of the sciences in the elaboration of Sraffa’s systems of equations. The emphasis is on precautions that ought to be taken in order not to misinterpret Sraffa’s papers, or his objectivist orientation, and on what I consider to be obvious misunderstandings and misconceptions in the literature.

Keywords: Adam Smith; Classical political economy; David Ricardo; Income distribution; Karl Marx; Objectivism; Piero Sraffa; Value; A12; B12; B16; B24; B31; D24; D33; D51

Journal Article.  22057 words.  Illustrated.

Subjects: General Economics ; History of Economic Thought (1925 onwards) ; Microeconomics ; Production and Organizations ; General Equilibrium and Disequilibrium ; Individual Economists ; History of Economic Thought (to 1925)

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