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Comment on “Sraffa and the Labour Theory of Value: a note” – Reply to William Jefferies

Author

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  • Fabio Anderaos de Araujo

Abstract

This is a reply to the criticisms raised by William Jefferies (Jefferies, 2020) to my article “Sraffa and the Labour Theory of Value: a note” (Araujo, 2019). In Jefferies (2020) the author has given great emphasis to the question of physical commensurability between input and output in Sraffa’s price model. JEL Classification: B12; B51.

Suggested Citation

  • Fabio Anderaos de Araujo, 2021. "Comment on “Sraffa and the Labour Theory of Value: a note” – Reply to William Jefferies," Brazilian Journal of Political Economy, Center of Political Economy, vol. 41(1), pages 202-206.
  • Handle: RePEc:ekm:repojs:v:41:y:2021:i:1:p:202-206:id:2129
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    More about this item

    Keywords

    Labour-value; price; commensurability; standard commodity;
    All these keywords.

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

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