Sraffa's elegant book transformed the treatment of prices of production. He showed that at a theoretical level prices of production and wage-profit curves were capable of complex movement, and the wage-profit frontiers could exhibit reswitching and reverse capital deepening. These results were...

Дано определение трудовых ценностей. Показана необходимость трансформации системы трудовых ценностей в процессе формирования новой парадигмы труда в рамках...

This paper is built around a theorem proved analytically and exemplified empirically in Flaschel, Franke and Veneziani (2010) which states that profitable capital-using labor-saving technical change is under mild conditions always reducing the labor content of commodities. This type of technical...