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A Reflection on Sraffa’s Revolution in Economic TheorySraffa Versus Keynes on the Method of Economics: Measurement, Homogeneity and Independence

A Reflection on Sraffa’s Revolution in Economic Theory: Sraffa Versus Keynes on the Method of... [The chapter investigates the methodology Sraffa and Keynes apply in their critique of economic theories and the development of their own theory. The main focus is on their views on the measurement of economic magnitudes and the assumptions required. There are striking points of similarity in the methodology of their critique, but also contrasting approaches and divergences when they set about positively constructing their own new theory.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Reflection on Sraffa’s Revolution in Economic TheorySraffa Versus Keynes on the Method of Economics: Measurement, Homogeneity and Independence

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References (31)

Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
ISBN
978-3-030-47205-4
Pages
229 –267
DOI
10.1007/978-3-030-47206-1_8
Publisher site
See Chapter on Publisher Site

Abstract

[The chapter investigates the methodology Sraffa and Keynes apply in their critique of economic theories and the development of their own theory. The main focus is on their views on the measurement of economic magnitudes and the assumptions required. There are striking points of similarity in the methodology of their critique, but also contrasting approaches and divergences when they set about positively constructing their own new theory.]

Published: Jun 3, 2021

Keywords: J.M. Keynes; P. Sraffa; Economic Methodology; Economic Measurement; B31; B41

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