Tags: sraffa theory of production

Why Sraffa’s Theory Does Not Contain a Labour Theory of Value

August 12th, 2017
in history, macroeconomics

In my last post I tried to argue that, for a number of reason, once we make additions to Sraffa’s theory to make it comprehensive enough to confront the real world any potential interpretation of the theory in line with the labour theory of value falls apart. more »












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