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Piero Sraffa and Shackle’s Years of High Theory: Sraffa’s Significance in the History of Economic Theories

In: Sraffa and the Reconstruction of Economic Theory: Volume Three

Author

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  • Heinrich Bortis

Abstract

In the course of Shackle’s Years of High Theory 1926–1939 [–1960] a twin revolution took place in economic theory, associated with the names of Maynard Keynes and Piero Sraffa (Shackle, 1967).1 In this chapter three issues related to this revolution are considered. First, some remarks are made on the making and the nature of the Sraffian revolution. In the second place, the relation between the Sraffian and the Keynesian revolution is briefly dealt with. The third section is about the significance of Piero Sraffa for modern political economy. The chapter begins with some general remarks related to Sraffa and his work.

Suggested Citation

  • Heinrich Bortis, 2013. "Piero Sraffa and Shackle’s Years of High Theory: Sraffa’s Significance in the History of Economic Theories," Palgrave Macmillan Books, in: Enrico Sergio Levrero & Antonella Palumbo & Antonella Stirati (ed.), Sraffa and the Reconstruction of Economic Theory: Volume Three, chapter 3, pages 55-83, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-31404-8_4
    DOI: 10.1057/9781137314048_4
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    Cited by:

    1. Bortis, Heinrich, 2024. "Luigi Pasinetti and the making of classical-Keynesian political economy," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 395-405.

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