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From Ricardo to Sraffa: A Quest for a Modern Classical Standpoint on Money

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  • Ghislain Deleplace

    (LED - Laboratoire d'Economie Dionysien - UP8 - Université Paris 8 Vincennes-Saint-Denis)

Abstract

The topic of the chapter is the possibility of a consistency between Sraffa's price system and Ricardo's theory of money. Some directions in which such consistency has been looked for are discussed, focusing on a specific one based on my understanding of Ricardo's theory of money (in Deleplace 2017) and on some writings by Sraffa prior to Production of Commodities. As such, the chapter aims at contributing to a quest for a modern Classical standpoint on money, if by "modern Classical" one means faithful to Ricardo – the greatest Classical author on money – and consistent with a Sraffa system of prices.

Suggested Citation

  • Ghislain Deleplace, 2021. "From Ricardo to Sraffa: A Quest for a Modern Classical Standpoint on Money," Post-Print hal-04257009, HAL.
    • Handle: RePEc:hal:journl:hal-04257009
    Note: View the original document on HAL open archive server: https://hal.science/hal-04257009
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    References listed on IDEAS

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    1. Carlo Benetti & Christian Bidard & Edith Klimovsky & Antoine Rebeyrol, 2015. "Temporary Disequilibrium And Money In A Classical Approach," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 69, pages 159-184.
    2. Ghislain Deleplace, 2020. "Orthodox versus unorthodox views on Ricardo’s theory of money," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 27(6), pages 819-836, November.
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