This paper discusses the widespread view that the classical determination of relative prices is closely connected to the study of the conditions allowing for the 'reproduction' of the economy. It is argued that this view obscures the generality of Sraffa's contribution and, furthermore, that it does not provide a solid criterion for distinguishing the classical from the marginalist approach to the theory of value
Notes on a mischaracterization of the classical theory of value / Ravagnani, Fabio. - In: REVIEW OF POLITICAL ECONOMY. - ISSN 0953-8259. - STAMPA. - 13:3(2001), pp. 355-363. [10.1080/09538250120055173]
Notes on a mischaracterization of the classical theory of value
RAVAGNANI, Fabio
2001
Abstract
This paper discusses the widespread view that the classical determination of relative prices is closely connected to the study of the conditions allowing for the 'reproduction' of the economy. It is argued that this view obscures the generality of Sraffa's contribution and, furthermore, that it does not provide a solid criterion for distinguishing the classical from the marginalist approach to the theory of valueFile allegati a questo prodotto
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