Table of Contents

Part I. Introduction: 1. Piero Sraffa's contributions to economics: a brief survey Heinz D. Kurz; 2. Revisionist findings on Sraffa Paul A. Samuelson; 2a. Comment by John Eatwell; 2b. Comment by Pierangelo Garegnani; 2c. Comment by Bertram Schefold; 2d. Reply by Paul A. Samuelson; Part II. Returns to Scale, Demand, Money and Interest and the Classical Tradition: 3. Sraffa's hits and misses Paul A. Samuelson; 3a. Comment by Heinz D. Kurz and Neri Salvadori; 3b. Reply by Paul A. Samuelson; 4. Sraffa on demand: a textual analysis Neri Salvadori; 5. Malthus and the corn-profit model Samuel Hollander; 5a. Comment by Pierangelo Garegnani; 5b. A rejoinder by Samuel Hollander; 6. The Hayek-Keynes-Sraffa controversy reconsidered Heinz D. Kurz; 7. The capital theory controversy Edwin Burmeister; 8. Wicksell and Douglas on distribution and marginal productivity theory Christian Bidard; 9. On the probability of reswitching and capital reversing in a two-sector Sraffian model Lynn Mainwaring and Ian Steedman; 9a. Comment by Neri Salvadori; 9b. Comment by Christian Bidard and Lucette Carter; Part IV. Intertemporal Equilibrium Theory and the Problem of Capital: 10. Paradoxes of capital and counterintuitive changes of distribution in an intertemporal equilibrium model Bertram Schefold; 11. Savings, investment, and capital in a system of general intertemporal equilibrium Pierangelo Garegnani.

Promotional Information

A critical assessment of Sraffa's published works and their legacy for the economics profession.

Reviews

From the hardback review: '... this is a very fine collection of essays. It will most certainly be of great value to historians of economic thought. In addition, for those interested in the technical details of the theory of capital, the book has much to offer.' Economic Systems Research