Ebook: Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory

Sraffa's Production of Commodities by Means of Commodities was an attempt to perfect classical economics' theory of value, as originally developed by David Ricardo and others. He aimed to demonstrate flaws in the mainstream neoclassical theory of value and develop an alternative analysis. In particular, Sraffa's technique of aggregating capital as "dated inputs of labour" led to a famous scholarly debate known as the Cambridge capital controversy.