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Author:Andrews, D.
Title:Sraffa on "The Present Position of Economics"
Journal:Review of Political Economy
1997 : JAN, VOL. 9:1, p. 19-36
Index terms:POLITICAL ECONOMY
REVIEW
ECONOMICS
Language:eng
Abstract:Straffa's (1926) article "The laws of return under competitive conditions" contains a devastating criticism of the Marshallian supply curve. This paper offers an interpretation of the article's opening passage on the "present position" of economics, which reveals a still broader criticism of Marshall's whole interpretation of the nature and history of economic theory. In settling the controversy in economics that marked the mid-19th century, marshall responded to the socialist, historicist and Jevonian critics by offering a novel interpretation of Ricardo.
SCIMA record nr: 154621
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