Download Critical Essays on Piero Sraffa's Legacy in Economics by Heinz D. Kurz PDF

By Heinz D. Kurz

This assortment bargains a severe evaluation of the broadcast works of Piero Sraffa, one of many best economists of the 20 th century, and their legacy for the economics occupation. the themes coated discover Sraffa's interpretation of the classical economists; his thought of worth and distribution; his critique of partial and normal neoclassical equilibrium idea; his specialise in the matter of capital; and his critique of Hayek's financial overinvestment idea of the company cycle. particular concerns investigated comprise intertemporal common equilibrium idea and the capital challenge; the likelihood of reswitching; Ricardo, Malthus, and the corn version; and the that means and implication of the capital controversy. one of the participants are a few of the world's best scholars of Sraffian economics.

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