Italian Abstract: Il 15 ottobre 2011 l'economista italiano Pierangelo Garegnani è scomparso.L'articolo esamina i principali contributi di Garegnani alla teoria economica mostrando come essi hanno spesso sollevato dibattiti ampi e pertinenti.Il necrologio evidenzia la salienza dell'analisi di...

China’s politicians emphasize that they are building a Socialist market economy (社会主义市场经济) based on the ideology of Socialism with Chinese characteristics (中国特别社会主义). Unlike other post-communist transitions to capitalism, China’s radical economic...

In recent years, there has been a resurgence of interest in the controversies surrounding capital theory. At the heart of these debates are the empirically observed near-linearities in the price-rate of profit and wage rate of profit curves. This article posits that these near-linearities can be...

This paper is a revised version of a discussion with Nobel laureate Vernon Smith on the limits of neoclassical theory and on the opportunity to recover the alternative approach of classical economists and Marx. Vernon Smith is certainly right to insist on the heuristic force of the classical...

This article gives a broad sweep to the influence of historical materialism on Spanish economic history. A demand and supply analysis shows that during the sixties and part of the seventies Marxism and historical materialism flourished, and that this influence was yet important during the...

ResumenEl objetivo de este artículo es presentar un modelo clásico de precios de reproducción, en el cual se supone que los capitalistas deben pagar un impuesto físico sobre la producción. El modelo permite mostrar las propiedades de una economía en la cual se distinguen tres empleos del...

Hahn's (1982) influential critique of Sraffa (1960) crucially rests on his conclusion that "the only falsifiable entailment of the Sraffa equations is the postulate of a uniform rate of profit". This paper argues that the uniformity of the rates of profit in Sraffa’s system is not an...

This paper, presented at the 1998 conference of the European Association for Evolutionary Political Economy in Lisbon, shows how variations in the value of money, and in the exchange rate between different moneys of account, lead to transfers of value on the one hand between national or...

The claim in this paper is that Sraffa employed a rigorous logic of mathematical reasoning in his book, Production of Commodities by Means of Commodities (PCC), in such a way that the existence proofs were constructive. This is the kind of mathematics that was prevalent at the beginning of the...

El objetivo del presente ensayo es entrar en la discusión sobre de un tema tan especial en la teoría económica como es el dinero. Para esto, se analizará una teoría de vital importancia en el estudio de la economía, es decir, la teoría propuesta por Karl Marx, en la cual el dinero es de...