IDEAS home Printed from https://ideas.repec.org/a/taf/eujhet/v28y2021i1p103-125.html
   My bibliography  Save this article

Sraffa on Marshall’s theory of value in the Cambridge lectures: achievements in an unfinished criticism

Author

Listed:
  • Attilio Trezzini

Abstract

In his Cambridge lectures, Sraffa criticised Marshall’s theory on the basis of the recognition of the incompatibility between classical political economy and marginalist economics. Preparing his lectures, Sraffa had also identified the need to determine prices and distribution simultaneously although some implications of this latter result were probably not yet fully evident to him. Sraffa still accepted the Marshallian thesis that classical political economy and marginalist economics identified two alternative “ultimate standards of value”. This position bears witness to Sraffa’s initial adherence to the Marshallian theoretical framework. The road towards Production of Commodities was open, but still unfinished.

Suggested Citation

  • Attilio Trezzini, 2021. "Sraffa on Marshall’s theory of value in the Cambridge lectures: achievements in an unfinished criticism," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 28(1), pages 103-125, January.
    • Handle: RePEc:taf:eujhet:v:28:y:2021:i:1:p:103-125
    DOI: 10.1080/09672567.2020.1776356
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09672567.2020.1776356
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09672567.2020.1776356?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eujhet:v:28:y:2021:i:1:p:103-125. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REJH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.