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Neo-Ricardianism

From Wikipedia, the free encyclopedia

The neo-Ricardian school is an economic school that derives from the close reading and interpretation of David Ricardo by Piero Sraffa, and from Sraffa's critique of Neoclassical economics as presented in his The Production of Commodities by Means of Commodities, and further developed by the neo-Ricardians in the course of the Cambridge capital controversy.

Prominent neo-Ricardians are usually held to include Michał Kalecki, Joan Robinson, Luigi Pasinetti, Pierangelo Garegnani, John Eatwell, Ian Steedman, Heinz Kurz, and Neri Salvadori, and the school overlaps with Post-Keynesian economics.

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