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Books Books 1 - 7 of 7 on ... period of production' an independent measure of the quantity of capital which....
" ... period of production' an independent measure of the quantity of capital which could be used, without arguing in a circle, for the determination of prices and of the shares in distribution. But the case just considered seems conclusive in showing the... "
A History of Post Keynesian Economics Since 1936 - Page 93
by J. E. King - 2002 - 316 pages
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Some Cambridge Controversies in the Theory of Capital

G. C. Harcourt - Business & Economics - 1972 - 272 pages
...all the notion of a quantity of capital which is independent of distribution and prices (p. 38). 1 (The reduction to dated labour terms has some bearing...shares in distribution. But the case just considered seems conclusive in showing the impossibility of aggregating the 'periods' belonging to the several...
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Theories of Value and Distribution Since Adam Smith: Ideology and Economic ...

Maurice Dobb, Maurice Herbert Dobb - Business & Economics - 1975 - 295 pages
...proportions."f The relevance of this to the quantity-of-capital issue was immediately underlined: namely, its "bearing on the attempts that have been made to find...determination of prices and of the shares in distribution". The possibility of the type of case we have considered "seems conclusive in showing the impossibility...
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Production of Commodities by Means of Commodities: Prelude to a Critique of ...

Piero Sraffa - Business & Economics - 1975 - 98 pages
...production is completed and 19 units in the last year. The equation of the curve is pa-pt = where w = 125% (The reduction to dated labour terms has some bearing...shares in distribution. But the case just considered seems conclusive in showing the impossibility of aggregating the ' periods ' belonging to the several...
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Piero Sraffa: Critical Assessments, Volume 1

John Cunningham Wood - Reference - 1995 - 1408 pages
...as to higher and lower proportions.'6 He proceeds immediately to underline the relevance of this to 'the attempts that have been made to find in the "period...determination of prices and of the shares in distribution.' 'The reversals in the direction of the movement of relative prices [as wages change], in the face of...
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Theory of Production: A Long-Period Analysis

Heinz D. Kurz, Neri Salvadori - Business & Economics - 1997 - 592 pages
...(1960, ch. 6). Sraffa also shows how it can be used to demonstrate that it is generally impossible "to find in the 'period of production' an independent...determination of prices and of the shares in distribution" (p. 38). Hence one of the major concepts of the traditional "Austrian" theory of capital and interest...
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Joan Robinson: Critical Assessments of Leading Economists, Volume 4

Prue Kerr, Geoffrey Colin Harcourt - Economics - 2002 - 520 pages
...notion of capital as a measurable quantity independent of distribution and prices' hence there is no 'independent measure of the quantity of capital which...determination of prices and of the shares in distribution' (Sraffa. 1960, p. 38). Let me couple with this a quotation from Frank Knight (1921): 'If we speak of...
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On Political Economists and Modern Political Economy: Selected ..., Volume 4

G. C. Harcourt - Business & Economics - 2003 - 428 pages
...irrelevant (see, for example, Kaldor 1972). 21 Sraffa (1960: 38) is crystal-dear on both these points: '(The reduction to dated labour terms has some bearing...determination of prices and of the shares in distribution — The reversals in the direction of the movement of relative prices, in the face of unchanged methods...
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