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30 Apr 2009
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£80.00
|Hardback Print on Demand
  
9781403987464
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DescriptionContentsAuthors


 
Piero Sraffa is one of the key intellectual protagonists of the 20th century. This book provides a comprehensive overview of Sraffa's life and his influence on politicians, economists and philosophers such as Antonio Gramsci, John Maynard Keynes and Ludwig Wittgenstein.

Alessandro Roncaglia closely examines Sraffa's ideas and theoretical contributions, from the critique of Marshallian theory of the firm to his revival and reinterpretation of the classical approach. This book considers the explosive potential of Sraffa's celebrated work Production of Commodities by Means of Commodities; which provided both the solution to the problems left open by the classical theory of value and the provided the foundations for a critique of marginalist-neoclassical theory of capital and distribution.

Sraffa aimed at a complete turn-around of economic theory, from the dominant neoclassical-marginalist approach to a classical-Keynesian one, and discusses present trends of research within this latter approach, the full impact of which has not been understood by mainstream economics. This perceptive and in-depth account is a must-read for all interested in rediscovering the development of the 'Sraffian Revolution'.


Description


 
Piero Sraffa is one of the key intellectual protagonists of the 20th century. This book provides a comprehensive overview of Sraffa's life and his influence on politicians, economists and philosophers such as Antonio Gramsci, John Maynard Keynes and Ludwig Wittgenstein.

Alessandro Roncaglia closely examines Sraffa's ideas and theoretical contributions, from the critique of Marshallian theory of the firm to his revival and reinterpretation of the classical approach. This book considers the explosive potential of Sraffa's celebrated work Production of Commodities by Means of Commodities; which provided both the solution to the problems left open by the classical theory of value and the provided the foundations for a critique of marginalist-neoclassical theory of capital and distribution.

Sraffa aimed at a complete turn-around of economic theory, from the dominant neoclassical-marginalist approach to a classical-Keynesian one, and discusses present trends of research within this latter approach, the full impact of which has not been understood by mainstream economics. This perceptive and in-depth account is a must-read for all interested in rediscovering the development of the 'Sraffian Revolution'.


Contents

Introduction
Early Life and Writings: The Critique of Marshallian Theory
An Italian in Cambridge
Production of Commodities by Means of Commodities
Basic and Non-Basic Products
The Standard Commodity
Critique of the Marginalist Approach
Interpreting Production of Commodities by Means of Commodities
The Sraffa Legacy


Authors

ALESSANDRO RONCAGLIA is Professor of Economics at the University of Rome La Sapienza, Italy. He is a member of the Accademia Nazionale dei Lincei and editor of Moneta e Credito. Among his publications, The Wealth of Ideas: A History of Economic Thought won the Blanqui Prize of the European Association for the History of Economic Thought.