Tag Archives: Sraffa

 Call for Papers (ROPE)65 years after Production of Commodities by Means of Commodities: new directions in the Sraffian approachGuest Editor: Santiago José GahnInternal Editor: Sylvio KappesThe year 2025 marks the 65th anniversary of the publication of the book Production of Commodities by Means of Commodities by Piero Sraffa (1960). Not all economists are capable of transforming their name into a legacy, into a school. Piero Sraffa belongs to this select group. Exiled from fascism, he built...

It should not be a surprise that John Maynard Keynes is often seen as being relatively conservative by many progressively inclined or radical economists, that often tend to prefer the views of Michal Kalecki, or the more radical approach of Keynes’ favorite disciple, Joan Robinson. That is not the case in James Crotty’s book Keynes Against Capitalism, who takes a diametrically opposite view. He tells us that: “It is almost universally believed that Keynes wrote his magnum opus, The General...

Pasinetti, Garegnani and the president of Italy in 2010Last week, in my senior seminar on the history of economic thought, I made the kids read a paper by Pasinetti on "Progress in Economic Science", which was published in a book edited by Boehm, Gehrke, Kurz and Sturn. It's a short defense of pluralism in economics on the basis of the co-existence of Kuhnian paradigms, with a relatively optimistic view of the possibility of progress, in a discipline in which, as he noted, the object of...

Teaching two history of thought classes this semester. One more traditional, focusing on the evolution of the theories of value and distribution, and another one, my regular senior seminar, on the co-evolution of ideas and policy in the United States. For the former I used a short piece by Peter Boettke on the reasons for reading the original sources (and they do read a fair amount in my class). The blackboard (pictured above) is based on his discussion. I changed the titles and the...

 Grazie alle amiche e amici dell'IPKN per il divertente dibattitoRegistrazione qui o copia e incolla https://www.facebook.com/IPKNetwork/videos/495911865328942

Presentazione delle Sei lezioni di economia presso il Circolo Dossetti di Milano (tanto per distrarsi coi vecchi problemi). In basso nella pagina è possibile individuare i diversi spezzoni. Il libro tira ancora tanto in libreria a due anni e mezzo dall'uscita (come prodotto di nicchia, per intenderci) https://www.circolidossetti.it/sergio-cesaratto-sei-lezioni-di-economia/ 

Giancarlo de Vivo suggests that the Sraffian equations come from Marx's schemes of reproduction, and that the inspiration was in a footnote from the editor, Karl Kautsky, in the Theories of Suplus Value. Here a letter from Maurice Dobb and Piero Sraffa to Kautsky, from 1929, asking to use his edition as the basis for an English translation (originals in Kautsky's archives):De Vivo's views are discussed in a book edited by Massimo Pivetti, which is certainly worth reading (I have the Spanish...

[embedded content]My initial comments at the seminar on the legacy of Pierangelo Garegnani's contributions to economics organized by the Italian Post Keynesian Network. The full seminar here.

More on the same issues, with a discussion of Piero Sraffa and the surplus approach (this week there will be an event on the legacy of Pierangelo Garegnani). In Spanish again.

This event organized by the Italian Post Keynesian Network. I wrote about Garegnani's contributions when he passed away here in the blog. We will discuss some of the issues he raised, but also the new directions of Sraffian economics.