Year: 1975
Type: article
Abstract: Levine claims that Sraffa has been misunder- stood on issues concerning, "(1) [the] use of pro- duction coefficients and the question of returns to scale, (2) the centerpiece of the price-deter- mining apparatus, (3) numeraire problems, (4) consumer demand, and (5) Sraffa's place in the classical tradition" [4, 1974, p. 877]. Unfortu- nately, Levine's discussion of (1), (2), and (3) is incomplete, and below I will attempt to set the record straight on these important issues; I re- frain from comment on (4) and (5) because of limited space...
Source: DukeSpace (Duke University)
Author: Edwin Burmeister
Language: English
Topic: Economic Theory and Policy
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1598772625