A Revolution in Economic Theory

A Revolution in Economic Theory

Ajit Sinha

158,65 €
IVA incluido
Disponible
Editorial:
Springer Nature B.V.
Año de edición:
2018
Materia
Economía
ISBN:
9783319808512
158,65 €
IVA incluido
Disponible

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This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for ’the most consequential ideas’ of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa’s revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of ’agent’s subjectivity’ and ’marginal method’ or counterfactual reasoning from economic analysis - the two fundamental pillars of orthodox economic theory.

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Otros libros del autor

  • A Reflection on Sraffa’s Revolution in Economic Theory
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    This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of C...
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  • A Reflection on Sraffa’s Revolution in Economic Theory
    Ajit Sinha
    This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of C...
  • Theories of Value from Adam Smith to Piero Sraffa
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    This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader. ...
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  • Essays on Theories of Value in the Classical Tradition
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    'This volume revisits the foundations of classical political economy and outlines on that basis a new research paradigm. Ajit Sinha presents an extremely ambitious and challenging work that opens new and invaluable vistas on classical economic theory and economics at large.'Roberto Scazzieri, Professor of Economic Analysis, University of Bologna and National Lincei Academy, Ita...
  • Theories of Value from Adam Smith to Piero Sraffa
    Ajit Sinha
    This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and distribution. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader. ...
  • A Revolution in Economic Theory
    Ajit Sinha
    This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for ’the most consequential ideas’ of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa’s revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the ...