Sraffa's Reproduction Prices versus Prices of Production: Probability and Convergence

The article argues that the reproduction prices introduced in the first chapter of Sraffa's book are not necessarily compatible with the profit equalising prices that form the substance of the book. It uses probabilistic arguments about how probable it is that reproduction prices will approxima...

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Bibliographic Details
Main Author: W. Paul Cockshott
Format: Article
Language:English
Published: Pluto Journals 2017-03-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.8.1.0035