Production of Commodities by Means of Commodities. Prelude to a Critique of Economic Theory.

£500 · Offered by Maggs Bros Ltd

First edition of Sraffa’s “classic in capital theory”, his critique of the orthodox theory of value and distribution which laid the groundwork for the revival of classical and Marxian approaches. “Production of Commodities is a peculiarly sparse book. The argument has been pared to the absolute minimum to sustain the propositions which Sraffa wishes to advance. Yet the precision and logical elegance of the argument are ‘the work of an artist working in the medium of economic theory’ (Newman, 1962)” ( New Palgrave ).

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