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The paper discusses the widespread opinion according to which the classical determination of relative prices would be closely connected to the study of the conditions allowing for the "reproduction" of the economy. It is argued that this view obscures the generality of Sraffa's contribution, and...
Persistent link: https://www.econbiz.de/10009649923
This paper examines the critical remarks that D’Orlando (2005) addresses to the classical theory of value based on ‘normal’ positions and briefly comments on the alternative dynamic analysis of short-run prices that he recommends. In particular, the first part refutes...
Persistent link: https://www.econbiz.de/10009649966