Skip to main content

Sraffa, Piero (1898–1983)

  • Reference work entry
  • First Online:
Book cover The New Palgrave Dictionary of Economics
  • 57 Accesses

Abstract

In the history of economics, Piero Sraffa is an enigma. His reputation as a major economic theorist rests on but three works: the Economic Journal article of 1926, the Introduction to his edition of Ricardo’s Principles (the first of the 11 volumes of the complete Works and Correspondence of David Ricardo, which established Sraffa as the finest scholar to have edited a major work in the literature of economics), and the 99 pages of Production of Commodities by Means of Commodities, a sparse, terse collection of logical propositions, the significance of which is a matter of often heated debate.

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 6,499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 8,499.99
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

References

  • Debreu, G. 1959. Theory of value: An axiomatic analysis of economic equilibrium. New York: Wiley.

    Google Scholar 

  • Dmitriev, V.K. 1898. The theory of value of David Ricardo: An attempt at a rigorous analysis. In Economic essays on value, competition, and utility, Trans. D. Fry, ed. D.M. Nuti. Cambridge: Cambridge University Press, 1974.

    Google Scholar 

  • Dobb, M. 1961. Review of production of commodities by means of commodities. De economist. Reprinted In A critique of economic theory. E.K. Hunt and J.G. Schwartz. Harmondsworth: Penguin, 1972.

    Google Scholar 

  • Eatwell, J. 1975. Mr Sraffa’s standard commodity and the rate of exploitation. Quarterly Journal of Economics 89: 543–555.

    Article  Google Scholar 

  • Eatwell, J., and M. Milgate, eds. 1984. Keynes’s economics and the theory of value and distribution. London: Duckworth.

    Google Scholar 

  • Garegnani, P. 1970. Heterogeneous capital, the production function and the theory of distribution. Review of Economic Studies 37: 407–436.

    Article  Google Scholar 

  • Garegnani, P. 1976. On a change in the notion of equilibrium in recent work on value and distribution. In Essays in modern capital theory, ed. M. Brown, K. Sato, and P. Zarembka. Amsterdam: North Holland.

    Google Scholar 

  • Garegnani, P. 1978. Sraffa’s revival of Marxist economic theory. New Left Review 112 (71): 5.

    Google Scholar 

  • Hahn, F. 1982. The neo-Ricardians. Cambridge Journal of Economics 6: 353–374.

    Article  Google Scholar 

  • Hicks, J. 1946. Value and capital. 2nd ed. Oxford: Clarendon Press.

    Google Scholar 

  • Hollander, J. 1904. The development of Ricardo’s theory of value. Quarterly Journal of Economics 18: 455–491.

    Article  Google Scholar 

  • Keynes, J.M. 1923. A tract on monetary reform. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. 1936. The general theory of employment, interest and money. London: Macmillan.

    Google Scholar 

  • Levhari, D. 1965. A non-substitution theorem and switching of techniques. Quarterly Journal of Economics 79: 98–105.

    Article  Google Scholar 

  • Meek, R.L. 1961. Mr Sraffa’s rehabilitation of classical economics. Scottish Journal of Political Economy 8: 119–136.

    Article  Google Scholar 

  • Milgate, M. 1979. On the origin of the notion of ‘intertemporal equilibrium’. Economica 46: 1–10.

    Article  Google Scholar 

  • Newman, P. 1962. Production of commodities by means of commodities. Schweizerische Zeitschrift fur Volkwirtschaft und Statistik 98: 58–75.

    Google Scholar 

  • Pasinetti, L.L. 1985. In memoria di Piero Sraffa: Economista italiano a Cambridge. Economica politica 2: 315–332.

    Google Scholar 

  • Ricardo, D. 1817. On the principles of political economy and taxation. London: Murray.

    Google Scholar 

  • Roncaglia, A. 1978. Sraffa and the theory of prices. London: Wiley.

    Google Scholar 

  • Roncaglia, A. 1983. Piero Sraffa: una bibliografia ragionata. Studi Economici 21: 137–161.

    Google Scholar 

  • Roncaglia, A. 1984. Sraffa e le banche. Rivista Milanese di Economia 10, April–June, 104–112.

    Google Scholar 

  • Stigler, G.J. 1953. Sraffa’s Ricardo. American Economic Review 43: 586–599.

    Google Scholar 

  • Symposium. 1966. Symposium on paradoxes in capital theory. Quarterly Journal of Economics 80, November.

    Google Scholar 

  • Wicksteed, P. 1914. The scope and method of political economy in the light of the ‘marginal’ theory of value and distribution. Economic Journal 24: 1–23.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Copyright information

© 2018 Macmillan Publishers Ltd.

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Eatwell, J., Panico, C. (2018). Sraffa, Piero (1898–1983). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1349

Download citation

Publish with us

Policies and ethics