Abstract
The theme of Grandmont’s chapter has a clear bearing on the general objective of this conference, which I take to be an attempt at appraisal and overall evaluation of the work originally inspired by Value and Capital. His chapter is very accurate on technical aspects but I would rather not engage in a discussion about details. It prompted me to re-read some of the classic Hicksian papers (as well as Value and Capital). I was struck by the comparison with the more recent literature reviewed in the paper, because at first sight it shows a fairly radical change in perspective. I have formulated a few questions, which I will present at the end together with some general remarks.
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References
Grandmont, J. M. (1983) Money and Value, Econometric Society Mono graph Series (Cambridge: Cambridge University Press).
Weintraub, E. R. (1979) Microfoundations: The Compatibility of Micro economics with Macroeconomics (Cambridge: Cambridge University Press).
Weintraub, E. R. (1985) General Equilibrium Analysis. Studies in Appraisal (New York: Cambridge University Press).
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© 1991 International Economic Association
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Punzo, L.F. (1991). Comment. In: McKenzie, L.W., Zamagni, S. (eds) Value and Capital: Fifty Years Later. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11029-2_2
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DOI: https://doi.org/10.1007/978-1-349-11029-2_2
Publisher Name: Palgrave Macmillan, London
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