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Some Cambridge Controversies in the Theory of Capital - Fiftieth Anniversary Edition (Hardcover, 2nd Revised edition)
Loot Price: R3,253
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Some Cambridge Controversies in the Theory of Capital - Fiftieth Anniversary Edition (Hardcover, 2nd Revised edition)
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The Cambridge Capital Controversy was one of the most significant
debates in Twentieth Century economics. First published in 1972,
this book provides an accessible reconstruction of the controversy
with detailed discussion of the major points raised by its primary
protagonists: Piero Sraffa and Joan Robinson on the post-Keynesian
side (Cambridge, UK) and Robert Solow and Paul Samuelson on the
neo-classical side (Cambridge, MA). The book is now considered to
be a classic. This fiftieth anniversary edition comes with a new
preface by the author and two new afterwords that reflect on the
author's contribution to the field and the significance of the book
in the history of economics. Topics covered include the measurement
of capital, the revival of interest in Irving Fisher's rate of
return on investment, the double-switching debate, Sraffa's prelude
to a critique of neoclassical theory, and the 'new' theories of the
rate of profits in capitalist society.
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