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Sraffa 1926 and Sraffa 1960: An Attempt to Bridge the Gap

In: Sraffa or An Alternative Economics

Author

Listed:
  • Sergio Nisticò

Abstract

In 1926, the young Sraffa seemed ready to engage in a research program on imperfect competition: Almost any producer …, if he could rely upon the market in which he sells his products being prepared to take any quantity of them from him at the current price, without any trouble on his part except that of producing them, would extend his business enormously … The chief obstacle against which they have to contend when they want gradually to increase their production does not lie in the cost of production — which, indeed generally favours them in that direction — but in the difficulty of selling the larger quantity of goods without reducing the price, or without having to face increased marketing expenses (Sraffa 1926, p. 543)

Suggested Citation

  • Sergio Nisticò, 2008. "Sraffa 1926 and Sraffa 1960: An Attempt to Bridge the Gap," Palgrave Macmillan Books, in: Guglielmo Chiodi & Leonardo Ditta (ed.), Sraffa or An Alternative Economics, chapter 5, pages 114-126, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37533-8_6
    DOI: 10.1057/9780230375338_6
    as

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