A Reflection on Sraffa’s Revolution in Economic Theory PDF Download

Author: Ajit Sinha
Publisher: Springer Nature
ISBN: 303047206X
Category : Business & Economics
Languages : en
Pages : 611

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Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.

Author: Ajit Sinha
Publisher:
ISBN: 9783030472078
Category :
Languages : en
Pages : 0

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Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa's economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa's seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.

Author: Ajit Sinha
Publisher: Springer
ISBN: 3319306162
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.

Author: E. Levrero
Publisher: Springer
ISBN: 1137314044
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
This book accounts for the work done around the two central aspects of Piero Sraffa's contribution to economic analysis, namely the criticism of the neoclassical theory of value and distribution and the construction of economic theory along the lines of the Classical approach.

Author: Krishna Bharadwaj
Publisher: Routledge
ISBN: 1315386925
Category : Business & Economics
Languages : en
Pages : 628

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Book Description
The papers collected in this book, first published in 1990, represent the edited proceedings of a conference held to celebrate the 25th anniversary of the publication of Piero Sraffa’s Production of Commodities by Means of Commodities. In arranging the conference, and subsequently during the editing of the papers, great care has been taken to invite scholars of different schools of thought to contribute. The result of this collection of ideas has resulted in a most promising critique and provides an extensive alternative to modern Neo-Classical theory, of interest to all students of economic thought.

Author: G. Chiodi
Publisher: Springer
ISBN: 0230375332
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
This book aims to show how Sraffa's theoretical contributions could be pursued in new directions, in effect providing an alternative paradigm to the postclassical economic theory and challenging the persistent dominance of a widespread economic culture based on that theory.

Author: Bertram Schefold
Publisher: Routledge
ISBN: 1134998945
Category : Prices
Languages : en
Pages : 398

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Book Description
Interest in the application of the classical theory of prices, in its significance for thecritique of economic theory, and in the special aspect of joint production hasdeveloped slowly but steadily since Sraffa's Production of Commodities by Means ofCommodities (henceforth to be abbreviated as PCMC) was published in 1960. The coreof this book (Part II) consists of my PhD thesis 'Mr Sraffa On Joint Production',which was written in 1969/70 when I was first a Visitor to the Faculty of Economics,then an Advanced Student at King's College, Cambridge. At that time, almostnobody had written about the.

Author: John Vint
Publisher: Routledge
ISBN: 1135183007
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
This collection contains wide ranging contributions from distinguished authorities in economics, reflecting on Ian Steedman's work on time, international trade, capital theory and prices and growth and distribution.

Author: Ajit Sinha
Publisher: Taylor & Francis
ISBN: 0429807716
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. The author focuses on four, perhaps most critical classics — Adam Smith’s Wealth of Nations, David Ricardo’s Principles of Political Economy, Karl Marx’s Capital and Piero Sraffa’s Production of Commodities by Means of Commodities. The book highlights several significant differences in the widely celebrated theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It also challenges canonical interpretations to analyse their flaws and weaknesses, in addition to the already obvious strengths, and critically engages with the major alternative interpretations and criticisms of the theories. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader.

Author: John Eatwell
Publisher: Taylor & Francis
ISBN: 1000605914
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance. Structured in four parts, the work considers issues within classical economics, monetary economics, Keynesian and post-Keynesian Economics, rationality and economic methodology. These themes are all central to the work of Carlo Panico, and the chapters both reflect on and build on his key contributions to the field. This collection is of interest to advanced students and researchers in the history of economic thought, monetary theory, financial economics and heterodox economics.