Kurose, Kazuhiro; Yoshihara, Naoki - Department of Economics, University of Massachusetts-Amherst - 2013
The purpose of this paper is to examine the critical arguments made by Burmeis- ter, Samuelson, and others, with respect to Sraffa (1960). Sraffa did not address these arguments, but they are relevant from the viewpoint of modern economic theories. In his arguments about the standard commodity,...
