Within the rich literature that has flowed from Sraffa’s framework of Production of Commodities by means of Commodities a prominent position is occupied by the research programmes carried out independently by two authoritative exponents of this school: Pierangelo Garegnani and Luigi Pasinetti....

The paper proposes a rational reconstruction of the arguments developed by Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits, to repudiate and endorse a policy of free corn trade, respectively. Malthus envisaged defence and opulence as two mutually...

The paper deals with a fundamental issue in the history of economic thought: the alleged separability in the classical analysis of distinct and sequential logical stages. It will be recalled that the contested idea of an analytical separation of the theory of value (relative prices), the theory...

This is an entry produced for the Handbook of the History of Economic Analysis, edited by Gilbert Faccarello and Heinz D. Kurz (eds). Volume 3. Cheltenham, UK and Northampton, MA, USA: Edward Elgar, forthcoming. We analyze competition as rivarly in a race, as a specific market structure, and as...

The History Schumpeter´s of Economic Analysis, is a tour de forcé of scholarship. The display of erudition is 'truly unbelievable. How could one man have acquired and then digested so much knowledge? Not only does the History offer two thousand years of economics, from Aristotle to Paul...

ABSTRACT The controversies between Ricardo and Malthus reached a new peak when Malthus published his pamphlet The Measure of Value Stated and Illustrated and Ricardo responded by his critical Notes on Malthus’s ‘Measure of Value’ (1823 [1992]) and by a further round of correspondence with...

This was presented to the First International Seminar on Nuevas Direcciones en el Pensamiento Económico Crítico (New Directions in Critical Economic Thought), organised by the Departiment of Applied Economics, Faculty of Politics, Universidad Complutense de Madrid, Madrid, 10-12 May 1999 It...

Italian Abstract: Per giustificare l’autorità e la validità della scienza economica, gli economisti sono spesso ricorsi all’argomento che le leggi e i postulati di questo sapere sono verità scientifiche, nel senso di verità empiriche, logiche o autoevidenti. Tuttavia, questo discorso, in...

This essay provides a simple, non-technical reformulation of Marx’s theoretical treatment of value and capital. It implies the abandonment of the ‘pure’ labour theory of value and of the ‘new value’ equality between the net product of the economy and the living labour employed in...

Italian Abstract: In questo saggio intendo analizzare il tema del buon governo nelle opere di Adam Smith, la cui importanza sembra non aver ricevuto la dovuta attenzione. La ricostruzione è guidata da tre ipotesi ermeneutiche riguardanti il ruolo svolto dall'idea di buon governo nello sviluppo...