Towards A New Understanding Of Sraffa
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Towards a New Understanding of Sraffa
This book provides fresh insights on Piero Sraffa's work, by examining previously unpublished papers from Sraffa archives. It offers new perspectives on the connection between Sraffa amd Marx, and examines Sraffa's approach to money, the role of equilibrium and of the surplus in economic theory.
A Revolution in Economic Theory
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Piero Sraffa
This is a lively, intellectual biography of a leading protagonist of 20th century culture and his relations with other protagonists, such as Gramsci, Keynes and Wittgenstein. The book includes an authoritative interpretation of his main work Production of Commodities by Means of Commodities, a survey of the debates which followed its publication, a