Skip to main content

Abstract

1. This edited collection of essays is the result of a selection of papers presented at the International Conference in remembrance of Piero Sraffa (1898–1983), held in Rome in 2003 with the title ‘Sraffa or An Alternative Economies’. The essays have been subsequently elaborated, amended and enlarged by their respective authors.

We are most grateful to Peter Edwards, Paolo Maroscia and Constance Hayes for their useful comments on a preliminary draft of this Introduction. Needless to say, any remaining deficiency rests only with the authors.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Arrow, K. J. (1951), Social Choice and Individual Values, 2nd ed. (1963), Wiley, New York.

    Google Scholar 

  • Arrow, K.J. and Debreu, G. (1954), ‘Existence of an Equilibrium for a Competitive Economy’, Econometrica, July, pp. 265–90.

    Google Scholar 

  • Bergson, A. (1938), ‘A Reformulation of Certain Aspects of Welfare Economics’, Quarterly Journal of economics, vol. 52, pp. 310–34.

    Article  Google Scholar 

  • Bhaduri, A. (1969), ‘On the Significance of Recent Controversies on Capital Theory: a Marxian View’, The Economic Journal, September, pp. 532–9.

    Google Scholar 

  • Blaug, M. (1999), ‘Misunderstanding Classical Economics: The Sraffian Interpretation of the Surplus Approach’, History of Political Economy, 31:2, pp. 213–36.

    Article  Google Scholar 

  • Brouwer, L.E. (1912), ‘Invarianz des n-dimensionalen Gebiets’, Mathematische Annalen, 71, pp. 305–13.

    Article  Google Scholar 

  • Cassel, G. (1923), The Theory of Social Economy, Ernest Benn Limited, London, (1932).

    Google Scholar 

  • Champernowne, D. G. (1945), ‘A Note on J. V. Neumannn’s Article on ‘A Model of Economic Equilibrium’, Review of Economic Studies, vol. XIII, pp. 10–18.

    Article  Google Scholar 

  • Chiodi, G. (1992), ‘On Sraffa’s Notion of Viability’, Studi Economici, n. 46, pp. 5–23.

    Google Scholar 

  • Chiodi, G. (1993), ‘Un’interpretazione delie quantità date di merci negli schemi teorici di Sraffa’, II pensiero economico italiano, n. 2, pp. 199–206.

    Google Scholar 

  • Chiodi, G. (1998), ‘On Non-Self-Replacing States’, Metroeconomica, February, pp. 97–107.

    Google Scholar 

  • Chiodi, G. (2006a), ‘Wicksell’s Capital Theory: A Reinterpretation and An Appraisal’, Dipartimento Innovazione e Società,’ sapienza’ Università di Roma, mimeo.

    Google Scholar 

  • Chiodi, G. (2006b), ‘The Means of Subsistence and the Notion of ‘Viability’ in Sraffa’s Surplus Approach’, paper read at the AISPE Conference (Italian Association for the History of Economic Thought), held at Padua, 15–17 June 2006, Dipartimento Innovazione e Società,’ sapienza’ Università di Roma, mimeo.

    Google Scholar 

  • Ciccone, R., Gerke, C., Mongiovi, G. (eds.), (forthcoming), Sraffa and Modern Economics, Routledge, London.

    Google Scholar 

  • de Vivo, G. (2003), ‘Sraffa’s Path to Production of Commodities by Means of Commodities. An Interpretation’, Contributions to Political Economy, vol. 22, pp. 1–25.

    Article  Google Scholar 

  • Dobb, M. (1973), Theories of Value and Distribution since Adam Smith, Cambridge at the University Press, Cambridge.

    Google Scholar 

  • Eatwell, J., Milgate, M. and Newman, P. (eds.), (1987), The New Palgrave, Macmillan, London.

    Google Scholar 

  • Gale, D. (1955), ‘The Law of Supply and Demand’, Mathematica Scandinavia, vol. 4, pp. 143–6.

    Google Scholar 

  • Garegnani, P. (2000), ‘Savings, Investment and Capital in a System of General Intertemporal Equilibrium’, in Kurz, H. D. (ed.), (2000), pp. 392–445.

    Google Scholar 

  • Garegnani, P. (2002), ‘Misunderstanding Classical Economics? A Reply to Blaug’, History of Political Economy, 34: 1, pp. 241–54.

    Article  Google Scholar 

  • Garegnani, P. (2003), ‘Savings, Investment and Capital in a System of General Intertemporal Equilibrium’, with two appendices and a mathematical note by M.Tucci, inPetri, F. and Hahn, F. (eds.), (2003), pp. 117–75.

    Google Scholar 

  • Garegnani, P. (2005), ‘Capital and Intertemporal Equilibrium: A Reply to Mandler’, Metroeconomica 56, no. 4, pp. 411–37.

    Article  Google Scholar 

  • Gilibert, G. (2001) ‘Gramsci, Sraffa e il secondo libro del Capitale’, in Petronio, G. and Paladini Musitelli, M. (eds.) Marx e Gramsci. Memoria e attualità. Manifestolibri, Roma, pp. 159–72.

    Google Scholar 

  • Gilibert, G. (2003), ‘The Equations Unveiled: Sraffa’s Price Equations in the Making’, Contributions to Political Economy, vol. 22, pp. 1–25.

    Article  Google Scholar 

  • Graaff, J. de V. (1957), Theoretical Welfare Economics, Reprint (1967), Cambridge at the University Press, London.

    Google Scholar 

  • Harcourt, G. C. (1972), Some Cambridge Controversies in the Theory of Capital, Cambridge University Press, London.

    Book  Google Scholar 

  • Harrod, R. F. (1938), ‘Scope and Method in Economics’, The Economic Journal, September, pp. 383–412.

    Google Scholar 

  • Hicks, J. R. (1981), Wealth and Welfare. Collected Essays on Economic Theory, vol. I, Basil Blackwell, Oxford.

    Google Scholar 

  • Hicks, J. R. (1939), Value and Capital. An Inquiry into Some Fundamental Principles of Economic Theory, Oxford University Press, London, 2nd ed. (1946).

    Google Scholar 

  • Hicks, J. R. (1975), ‘The Scope and Status of Welfare Economics’, Oxford Economic Papers, vol. 27, pp. 307–26, in Hicks, J. R. (1981), pp. 218–39.

    Google Scholar 

  • Jevons, W. S. (1871), The Theory of Political Economy, London and New York, Macmillan.

    Google Scholar 

  • Kakutani, S. ‘A generalization of Brouwer’s fixed point theorem’, Duke Mathematical Journal, vol. 8, pp. 451–9.

    Google Scholar 

  • Keynes, J. M. (1936), The General Theory of Employment, Interest and Money, Macmillan and Co. Ltd, London.

    Google Scholar 

  • Kurz, H. D. (1987), ‘Debates in Capital Theory’, in Eatwell, J., Milgate, M. and Newman, P. (1987), pp. 357–63.

    Google Scholar 

  • Kurz, H. D. (ed.), (2000), Critical Essays on Piero Sraffa’s Legacy in Economics, Cambridge University Press, Cambridge.

    Google Scholar 

  • Leontief, W. W. (1941), The Structure of American Economy, 1919–1939, Harvard University Press, Cambridge, Mass.

    Google Scholar 

  • Leontief, W. W. (1951), The Structure of American Economy, 1919–1939, 2nd ed., Oxford University Press, New York.

    Google Scholar 

  • Mandler, M. (2002), ‘Classical and Neoclassical Indeterminacy in One-shot versus Ongoing Equilibria’, Metroeconomica 53, no. 3, pp. 203–222.

    Google Scholar 

  • Marx, K. (1974), Capital, Volume I, Lawrence & Wishart, London. (Originally published in 1867.)

    Google Scholar 

  • McKenzie, L. W. (1954), ‘On Equilibrium in Graham’s Model of World Trade and Other Competitive Systems’, Econometrica, April, pp. 147–61.

    Google Scholar 

  • Menger, C. (1871), Grundsätze der Volkswirtschaftslehre, Zweite Auflage mit einem Geleitwort von Richard Schüller aus dem Nachlass herausgegeben von Karl Menger, Vienna and Leipzig, 1923.

    Google Scholar 

  • Neisser, H. (1933), ‘Lohnhöhe und Beschäftigungsgrad im Marktgleichgewicht’, Weltwirtsch. Arch., vol. 36, pp. 413–55.

    Google Scholar 

  • Nikaidô, H. (1956), ‘On the Classical Multilateral Exchange Problem’, Metroeconomica, August, pp. 135–45.

    Google Scholar 

  • Parrinello, S. (2005) ‘Intertemporal Competitive Equilibrium, Capital and the Stability of Tâtonnement-pricing Revisited’, Metroeconomica 56, no. 4, pp. 514–31.

    Google Scholar 

  • Pasinetti, L. (2000), ‘Critique of the Neoclassical Theory of Growth and Distribution’, Banca Nazionale del Lavoro Quarterly Review, December, pp. 383–431.

    Google Scholar 

  • Petri, F. and Hahn, E (eds), (2003), General Equilibrium. Problems and Prospects, Routledge, London.

    Google Scholar 

  • Pigou, A. C. (1932), The Economics of Welfare, Macmillan & Co Ltd, St Martin’s Press, New York.

    Google Scholar 

  • Ricardo, D. (1951), On the Principles of Political Economy and Taxation, edited by Piero Sraffa,London: Cambridge University Press. (Originally published in 1817.)

    Google Scholar 

  • Robbins, L. (1932), An Essay on the Nature and Significance of Economic Science, Macmillan and Co., Ltd, London, 2nd ed. (1935).

    Google Scholar 

  • Samuelson, P. A. (1947), Foundations of Economic Analysis, Harvard University Press, Cambridge, Massachusetts. (Enlarged edition 1983).

    Google Scholar 

  • Samuelson, P. A. (1950), ‘Evaluation of Real National Income’, Oxford Economic Papers, January, pp. 1–29.

    Google Scholar 

  • Samuelson, P. A. (2005), ‘Abram Bergson, Economist’, The Economic Journal, February, pp. F130-F133.

    Google Scholar 

  • Schefold, B. (2005a), ‘Reswitching as a Cause of Instability of Intertemporal Equilibrium’, Metroeconomica 56, no. 4, pp. 438–476.

    Google Scholar 

  • Schefold, B. (2005b) ‘Zero Wages — No Problem? A Reply to Mandler’, Metroeconomica 56, no. 4, pp. 503–513.

    Google Scholar 

  • Schumpeter, J. (1954), History of Economic Analysis, edited from manuscript by Elizabeth Boody Schumpeter, George Allen & Unwin Ltd, London.

    Google Scholar 

  • Sen, A. (1974a), ‘On Some Debates in Capital Theory’, Economica, August, pp. 328–35.

    Google Scholar 

  • Sen, A. (1974b), ‘Personal Utilities and Public Judgements: Or What’s Wrong with Welfare Economics’, The Economic Journal, September, pp. 537–58.

    Google Scholar 

  • Sen, A. (1987), On Ethics and Economics, Blackwell, Oxford.

    Google Scholar 

  • Sen, A. (2003), ‘Sraffa, Wittgenstein, and Gramsci’, Journal of Economic Literature, December, pp. 1240–55.

    Google Scholar 

  • Sen, A. (2004), ‘Piero Sraffa: A Student’s Perspective’, Piero Sraffa, Atti dei Convegni Lincei, 200, Accademia Nazionale dei Lincei, Roma.

    Google Scholar 

  • Shackle, G. L. S. (1967), The Years of High Theory, Cambridge University Press, Cambridge.

    Google Scholar 

  • Smith, A. (1970), The Wealth of Nations, London: J. M. Dent & Sons Ltd. (Originally published in 1776.)

    Google Scholar 

  • Sraffa, P. (1925), ‘Sulle relazioni tra costo e quantità prodotta’, Annali di Economia, pp. 277–328.

    Google Scholar 

  • Sraffa, P. (1926), ‘The Laws of Returns under Competitive Conditions’, The Economic Journal, xxxvi, pp. 535–550.

    Google Scholar 

  • Sraffa, P. (1951), ‘Introduction’, The works and correspondence of David Ricardo, edited by Piero Sraffa with the collaboration of M. H. Dobb, Cambridge University Press, Cambridge.

    Google Scholar 

  • Sraffa, P. (1960), Production of Commodities by Means of Commodities. Prelude to a Critique of Economic Theory, Cambridge University Press, Cambridge.

    Google Scholar 

  • Suzumura, K. (2002), ‘Introduction to Social Choice and Welfare’, Temi di discussione, Banca d’ltalia, n. 442, March.

    Google Scholar 

  • Suzumura, K. (2005), ‘Interview with Paul Samuelson: Welfare Economics, ‘Old’ and ‘New’, and Social Choice Theory’, Social Choice and Welfare, December, pp. 327–56.

    Google Scholar 

  • Velupillai, K. (1980), ‘Review’ a Pasinetti, L. (1977), Journal of economic Studies, vol. 7, pp. 64–65.

    Google Scholar 

  • Velupillai, K. (1989), ‘The Existence of the Standard System: Sraffa’s Constructive Proof, Political Economy, vol. 5, pp. 3–12.

    Google Scholar 

  • Von Neumann, J. (1937), ‘Über ein ökonomisches Gleichungssystem und eine Verallgemeinerung des Brouwerschen Fixpunktsatzes’, Ergebnisse eines mathematischen Kolloquiums, (1935–1936), Heft 8, ed. by K. Menger, Franz Deuticke, Leipzig und Wien. pp. 73–83; English translation in The Review of Economic Studies, vol 13, (1945), pp. 1–9.

    Google Scholar 

  • von Stackelberg, H. (1933), ‘Zwei Kritische Bemerkurgen zur Preistheorie Gustav Cassel’, Zeitschrift für Nationalökonomie, vol. 4, pp. 456–72.

    Article  Google Scholar 

  • Wald, A. (1933-34), ‘Über die eindeutige positive Lösbarkeit der neuen Produktionsgleichungen (I)’, Ergebnisse eines mathematischen Kolloquiums, Heft 6, a cura di K. Menger, Franz Deuticke, Leipzig und Wien, (1935), pp. 12–18.

    Google Scholar 

  • Wald, A. (1934–35), ‘Über die Produktionsgleichungen der ökonomischen Wertlehre (II)’, Ergebnisse eines mathematischen Kolloquiums, Heft 7, a cura di K. Menger, Franz Deuticke, Leipzig und Wien, (1936), pp. 1–6.

    Google Scholar 

  • Walras, L. (1874), Éléments d’économie politique pure, Corbaz, Lausanne.

    Google Scholar 

  • Wickseil, K. (1901), Föreläsningar i Nationalekonomi, Första delen: Teoritisk Nationalekonomi, Lund. English edition: Lectures on Political Economy, translated from the Swedish by E. Classen and edited with an Introduction by Lionel Robbins, vol. I, The Macmillan Company, New York.

    Google Scholar 

  • Zeuthen, F. L. B. (1933), ‘Das Prinzip der Knappheit technische Kombination und Ökonomische Qualität’, Zeitschrift für Nationalökonomie, vol. 4, pp. 1–24.

    Article  Google Scholar 

Download references

Authors

Editor information

Guglielmo Chiodi Leonardo Ditta

Copyright information

© 2008 Guglielmo Chiodi and Leonardo Ditta

About this chapter

Cite this chapter

Chiodi, G., Ditta, L. (2008). Introduction. In: Chiodi, G., Ditta, L. (eds) Sraffa or An Alternative Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230375338_1

Download citation

Publish with us

Policies and ethics