On 15 October 2011 the Italian economist Pierangelo Garegnani passed away. The article reviews Garegnani's main contributions to economic theory by showing how they frequently gave raise to wide and relevant debates. The obituary highlights the salience of Garegnani's analysis also for a...

This article pays homage to E. K. Hunt who was a founding member of URPE who helped build chapters on several campuses in western states. Much of the author’s own research work over the past forty years was an attempt to strengthen criticisms Hunt voiced long ago about markets and blind...

Within the rich literature that has flowed from Sraffa’s framework of Production of Commodities by means of Commodities a prominent position is occupied by the research programmes carried out independently by two authoritative exponents of this school: Pierangelo Garegnani and Luigi Pasinetti....

El objetivo de este artículo es presentar la teoríaclásica de los precios de reproducción con el fin deestablecer el alcance de su contenido respecto a lateoría clásica tradicional. Para ello, se adopta comopunto de partida la obra reciente de Bidard y Klimovsky(2006), Capital, salaire et...

On 15 October 2011 the Italian economist Pierangelo Garegnani passed away. The article reviews Garegnani’s main contributions to economic theory by showing how they frequently gave raise to wide and relevant debates. The obituary highlights the salience of Garegnani’s analysis also for a...

This paper presents an alternative to both Sraffa’s and his critics’ interpretations of the nature of Ricardo’s search for an ‘invariable measure of value’. It points out that Ricardo recognised two causes of change in the relative values of commodities: (i) changes in the labour...

This paper intends to present an unconventional approach to the classical theory of relative prices based on recent developments and current limitations. Using the work of Carlo Benetti, Christian Bidard y Edith Klimovsky (Bidard and Klimovsky, 2006) as a conceptual framework that generalizes...

Production prices are those exchange-values which, if adopted, put each industry in the conditions to repeat its production process. In this sense they appear as necessary prices. This notion is here compared with that of ‘just’ price, studied by the older moral philosophers (more so than by...

Resumen: El objetivo de este artículo es presentar una concepción no tradicional de la teoría clásica de los precios relativos a la luz de los desarrollos recientes y establecer el alcance de su contenido. Para llevar a cabo este objetivo se adopta como marco teórico de referencia la obra...