Saturday, June 1, 2013

Matias Vernengo — Garegnani on Sraffa, Ricardo and Marx

Note that Sraffa suggested that his solution, based on the standard commodity, could be interpreted as akin to Smith's labor commanded theory of value, and as such could (and I would say should) be seen as a logically coherent version of the labor theory of value (discussed in this previous post).
Naked Keynesianism
Garegnani on Sraffa, Ricardo and Marx
Matias Vernengo | Associate Professor of Economics, University of Utah

Sraffa as a bridge from classical economics including Marx to Post Keynesianism.

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