Neri Salvadori
Datos Biográficos
| ID | 981698 |
|---|---|
| NOMBRE | Neri Salvadori |
| NOMBRES | Neri |
| APELLIDO | Salvadori |
| FIRMA | SALVADORI N |
| AFILIACIONES | University of Pisa |
| ORCID | 0000-0002-3334-3507 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 33 |
| TOTAL DE CITAS | 87 |
| TOTAL COMO AUTOR | 31 |
| TOTAL COMO EDITOR | 2 |
| PRIMER AÑO DE PUBLICACIÓN | 1985 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2025 |
| ÍNDICE H | 4 |
Piero Sraffa and Counterfactuals
This article reconstructs Sraffa's position with regard to counterfactual reasoning in the second half of the 1920s as documented by his up until now unpublished papers. While Sraffa did not use the term "counterfactual," it is precisely this concept he had in mind when examining certain non-purely-observational propositions and discussing responses to "what if?" questions. He did so with respect to different contexts, but his attention focused p…
Was It a "Fatal Error"? Sraffa and Samuelson on Marshall's Partial Equilibria Method
Sraffa's "On the Relations between Cost and Quantity Produced" (1925) and Samuelson's "An Exact Hume-Ricardo-Marshall Model of International Trade" (1971) presented a strikingly similar analytical argument regarding the theoretical domain of Marshallian partial equilibrium models. Yet they reached radically different conclusions from their analyses. This article addresses this theoretical puzzle and proposes a plausible solution. To this end, the…
Ricardo’s Theory of Growth and Accumulation
In the aftermath of the Napoleonic Wars Britain found itself faced with a stagnant economy. Economist David Ricardo believed that the full re-integration of Britain into the world market would allow for both capital accumulation and population growth, and used arguments that anticipate ideas entertained in modern contributions to the theory of economic growth and development. However, several of these arguments have not yet been translated into t…
Fixing a numéraire in the Theory of Exhaustible Resources
Christian Bidard and Guido Erreygers (2020) published in this issue of Œconomia a sort of ecumenical reply to criticisms, which over the last two decades have been levelled at their treatment of exhaustible resources within what they consider a “classical” framework of the analysis. In a first step they restate the model they began to elaborate in 2001; the original version of the model was the object of a minisymposium in the journal Metroeconom…
On the ‘Origins’ of Sraffa’s Production Equations
In this rejoinder to de Vivo’s comment on Gehrke and Kurz (2018, ‘Sraffa’s constructive and interpretive work, and Marx.’ Review of Political Economy) we first ask what could possibly be meant by seeking to identify the ‘origins’ of Sraffa’s production equations. We then show that in his comment de Vivo has abandoned his original view, according to which the magnitudes in Sraffa’s ‘first equations’ are to be interpreted in Marxian (labour) value …
Back to Agriculture
Malthus's main economic argument against free corn trade in his Essay on Population concerned the issue of structural change triggered by international trade. Malthus claimed that, in the long run, agricultural countries will develop their domestic industrial sectors and cut both their corn exports and their imports of foreign industrial goods. We critically assess Malthus's views and compare them with Torrens 1815 and Ricardo 1822. We argue that…
Is Food Self-Sufficiency Conducive to Long-Term Growth? An Assessment of Malthus (1803) on the International Corn Trade
We reconstruct the arguments employed by Malthus in the second edition of An Essay on the Principle of Population (1803) concerning the superiority of a balanced growth pattern, and we show their theoretical consistency with Malthus's food self-sufficiency policy proposal in his 1815 pamphlet, Grounds of an Opinion. Malthus (1803) argued that the contemporary British unbalanced and manufacturing export-led growth pattern was not sustainable in th…
Piero Sraffa (1898–1983)
The Elgar Companion to David Ricardo
was not particularly interested in lengthy discussions of possible motives for establishing new colonies and he contented himself with devoting to colonial trade just the short Chapter 25 of his Principles of Political Economy and Taxation.Yet, within the latter it is possible to detect (at least) three main analytical arguments related to the colonial issue: i) colonies as a source of new fertile land and therefore as a viable solution to the pr…
Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws
This article proposes a rational reconstruction of the arguments of Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits, whereby a policy of free corn trade was repudiated and endorsed, respectively. Malthus envisaged defense and (trade-induced) opulence as two mutually alternative options and, if required to make a choice, he had no hesitation in choosing the former. By contrast, Ricardo excluded any such trad…
Piero Sraffa
Preface PART I 1. The Sraffa-enigma: Introduction Luigi L. Pasinetti 2. Piero Sraffa: emigration and scientific activity (1921-45) Nerio Naldi 3. Sraffa and the Marshallian tradition Annalisa Rosselli 4. Piero Sraffa at the University of Cambridge Maria Cristina Marcuzzo 5. On a turning point in Sraffa's theoretical and interpretative position in the late 1920s Pierangelo Garegnani 6. Removing an 'insuperable obstacle' in the way of an objectivis…
The Classical Notion of Competition Revisited
This article seeks to fill a lacuna within classical economics concerning the process of market price determination in situations of market disequilibrium. To this aim, first we distinguish the classical notion of free competition from the Walrasian notion of perfect competition and we argue that the latter is beset with some theoretical difficulties alien to the former. Second, we reconstruct in some detail Smith's and Marx's views concerning ma…
In Favor of Rigor and Relevance
Mark Blaug has written another paper in which he attacks “Sraffian” economics. He characterizes his piece as “a new version of an earlier effort [that] extends and hopefully deepens the argument.” A careful scrutiny of the paper shows that Blaug reiterates once again his previous criticisms, adds a few new ones, but does not enter into a serious discussion of the replies to his earlier efforts. We provide an overall assessment of Blaug's various …
Removing an ‘insuperable obstacle’ in the way of an objectivist analysis
The paper discusses Sraffa's consecutive attempts in the late 1920s and early 1940s to tackle a problem which endangered his objectivist, surplus-based approach to the theory of value and distribution aimed at reviving the standpoint of the classical economists. Whilst with circulating capital the value transfer to the product and the physical ‘destruction’ of the input are one and the same thing, with fixed capital this is not so. Sraffa eventua…
Representing the production and circulation of commodities in material terms
The paper discusses Sraffa's interpretation of the classical economists and, following their lead, his elaboration of an objectivist, surplus-based theory of value and distribution. The emphasis is on the twin concepts of physical real costs and social surplus on the one hand and that of a circular flow of production on the other. In order to determine relative prices within such an analytical scheme, the tool of simultaneous equations is indispe…
Fund–flow versus flow–flow in production theory
Ricardo on Agricultural Improvements
This note discusses the numerical examples of land saving and capital saving agricultural improvements Ricardo provided in the chapter on the rent of land in the Principles. Especially his illustration of the second kind of improvements met with fierce criticism. It is argued that Ricardo was not wrong in any substantive sense and that he could only be criticized for having changed the definition of rent as regards the timing of its payment from …
Understanding 'Classical' Economics
"Mark Blaug on the "Sraffian Interpretation of the Surplus Approach
Research Article| March 01 2002 Mark Blaug on the “Sraffian Interpretation of the Surplus Approach” Heinz D. Kurz; Heinz D. Kurz Search for other works by this author on: This Site Google Neri Salvadori Neri Salvadori Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (1): 225–236. https://doi.org/10.1215/00182702-34-1-225 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn Email Permissions Se…
One Theory or Two? Walras's Critique of Ricardo
Research Article| June 01 2002 One Theory or Two? Walras's Critique of Ricardo Heinz D. Kurz; Heinz D. Kurz Search for other works by this author on: This Site Google Neri Salvadori Neri Salvadori Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (2): 365–398. https://doi.org/10.1215/00182702-34-2-365 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation H…
Sraffa and von Neumann
This paper discusses the relationship between Piero Sraffa’s 1960 book and John von Neumann’s 1937 paper on economic growth in the light of some of the material contained in Sraffa’s unpublished papers and correspondence. It is argued that the two contributions share a similar outlook and exhibit conceptual parallels; in fact, they can both be said to belong to the ‘classical ’ approach to the theory of value and distribution. The latter is chara…
Sraffa on demand
I have taken the course to express myself in terms of Number, Weight or Measure, to use only Arguments of Sense and to consider only such causes as have Visible Foundations in Nature: leaving those that depend upon the mutable Minds, Opinions and Appetites, Passions of particular Men to the consideration of others, (from the Preface to Political Arithmetik by William Petty)
Sraffa's hits and misses
Pressure of other research at first prevented me from responding favourably to the Editor's request for a new paper on Sraffian economics. However, I was glad to have my 1990 revisionist paper included in this colloquium, and did welcome the suggestion that a new Addendum be included. If a scholar in his ninth decade is to record his considered opinions on an important topic, it had better be a matter not of when but of now. So, reconsidering, I …
Reverse Capital Deepening and the Numeraire
This note discusses the implication of reverse capital deepening for neoclassical theory, placing special emphasis on the role of the numeraire. It is shown that under certain assumptions, specified in the note, a supply function of capital can be built up that is independent of the demand function. The supply of capital is given in terms of the consumption unit. Reverse capital deepening is reflected in upward sloping segments of the correspondi…
Theory of Production
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of la…
Theory of Production
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of la…
Representing the production and circulation of commodities in material terms
The paper discusses Sraffa's interpretation of the classical economists and, following their lead, his elaboration of an objectivist, surplus-based theory of value and distribution. The emphasis is on the twin concepts of physical real costs and social surplus on the one hand and that of a circular flow of production on the other. In order to determine relative prices within such an analytical scheme, the tool of simultaneous equations is indispe…
"Mark Blaug on the "Sraffian Interpretation of the Surplus Approach
Research Article| March 01 2002 Mark Blaug on the “Sraffian Interpretation of the Surplus Approach” Heinz D. Kurz; Heinz D. Kurz Search for other works by this author on: This Site Google Neri Salvadori Neri Salvadori Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (1): 225–236. https://doi.org/10.1215/00182702-34-1-225 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn Email Permissions Se…
One Theory or Two? Walras's Critique of Ricardo
Research Article| June 01 2002 One Theory or Two? Walras's Critique of Ricardo Heinz D. Kurz; Heinz D. Kurz Search for other works by this author on: This Site Google Neri Salvadori Neri Salvadori Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (2): 365–398. https://doi.org/10.1215/00182702-34-2-365 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation H…
Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws
This article proposes a rational reconstruction of the arguments of Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits, whereby a policy of free corn trade was repudiated and endorsed, respectively. Malthus envisaged defense and (trade-induced) opulence as two mutually alternative options and, if required to make a choice, he had no hesitation in choosing the former. By contrast, Ricardo excluded any such trad…
The Classical Notion of Competition Revisited
This article seeks to fill a lacuna within classical economics concerning the process of market price determination in situations of market disequilibrium. To this aim, first we distinguish the classical notion of free competition from the Walrasian notion of perfect competition and we argue that the latter is beset with some theoretical difficulties alien to the former. Second, we reconstruct in some detail Smith's and Marx's views concerning ma…
Was It a "Fatal Error"? Sraffa and Samuelson on Marshall's Partial Equilibria Method
Sraffa's "On the Relations between Cost and Quantity Produced" (1925) and Samuelson's "An Exact Hume-Ricardo-Marshall Model of International Trade" (1971) presented a strikingly similar analytical argument regarding the theoretical domain of Marshallian partial equilibrium models. Yet they reached radically different conclusions from their analyses. This article addresses this theoretical puzzle and proposes a plausible solution. To this end, the…
In Favor of Rigor and Relevance
Mark Blaug has written another paper in which he attacks “Sraffian” economics. He characterizes his piece as “a new version of an earlier effort [that] extends and hopefully deepens the argument.” A careful scrutiny of the paper shows that Blaug reiterates once again his previous criticisms, adds a few new ones, but does not enter into a serious discussion of the replies to his earlier efforts. We provide an overall assessment of Blaug's various …
Burmeister on Sraffa and the Labor Theory of Value
Piero Sraffa and Counterfactuals
This article reconstructs Sraffa's position with regard to counterfactual reasoning in the second half of the 1920s as documented by his up until now unpublished papers. While Sraffa did not use the term "counterfactual," it is precisely this concept he had in mind when examining certain non-purely-observational propositions and discussing responses to "what if?" questions. He did so with respect to different contexts, but his attention focused p…
On the ‘Origins’ of Sraffa’s Production Equations
In this rejoinder to de Vivo’s comment on Gehrke and Kurz (2018, ‘Sraffa’s constructive and interpretive work, and Marx.’ Review of Political Economy) we first ask what could possibly be meant by seeking to identify the ‘origins’ of Sraffa’s production equations. We then show that in his comment de Vivo has abandoned his original view, according to which the magnitudes in Sraffa’s ‘first equations’ are to be interpreted in Marxian (labour) value …
Is Food Self-Sufficiency Conducive to Long-Term Growth? An Assessment of Malthus (1803) on the International Corn Trade
We reconstruct the arguments employed by Malthus in the second edition of An Essay on the Principle of Population (1803) concerning the superiority of a balanced growth pattern, and we show their theoretical consistency with Malthus's food self-sufficiency policy proposal in his 1815 pamphlet, Grounds of an Opinion. Malthus (1803) argued that the contemporary British unbalanced and manufacturing export-led growth pattern was not sustainable in th…
Cost Functions and Produced Means of Production
Switching in Methods of Production and Joint Production
Cost Functions and Produced Means of Production
Burmeister on Sraffa and the Labor Theory of Value
Fixed capital within the Sraffa framework
Multinational Corporations
Journal Article Multinational Corporations: An Elgar Reference Collection Get access Multinational Corporations: An Elgar Reference Collection. Edited by CASSON (MARK). (Aldershot: Edward Elgar, 1990. Pp. xvii + 609. £95.00 hardback. ISBN 1 85278 192 0.)The Economics of Innovation: An Elgar Reference Collection. Edited by FREEMAN (CHRISTOPHER). (Aldershot: Edward Elgar, 1990. Pp. xx + 504. £76.50 hardback. ISBN 1 85278 171 8.)Entrepreneurship: An…
Morishima on Ricardo
Journal Article Morishima on Ricardo Get access Heinz D. Kurz, Heinz D. Kurz Search for other works by this author on: Oxford Academic Google Scholar Neri Salvadori Neri Salvadori ⋆University of Pisa Search for other works by this author on: Oxford Academic Google Scholar Cambridge Journal of Economics, Volume 16, Issue 2, June 1992, Pages 227–247, https://doi.org/10.1093/oxfordjournals.cje.a035202 Published: 01 June 1992 Article history Received…
The ‘Standard commodity’ and Ricardo’s Search for an ‘Invariable Measure of Value’
Even three decades after the publication of Piero Sraffa’s Production of Commodities by Means of Commodities (1960) and in spite of extended discussions on the matter there does not yet exist a commonly accepted view as to the meaning of the ‘Standard commodity’ and the rôle it plays in Sraffa’s analysis. Moreover, it seems to be still unclear what is the relationship between this concept and Ricardo’s search for an ‘invariable measure of value’.…
Sraffa, Marshall and the problem of returns
The paper deals with some links between Sraffa's 1920s work on Marshallian supply functions and his 1960 book. It argues that content of Sraffa's 1920s articles can justify that lack of reference in Production of Commodities to the analysis of the firm. Besides, it can claify Sraffa's position on the determinants of variable returns and some origins of the method based on the assumption of ‘given quantities’. which characterizes has later book. I…
Theory of Production
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of la…
Reverse Capital Deepening and the Numeraire
This note discusses the implication of reverse capital deepening for neoclassical theory, placing special emphasis on the role of the numeraire. It is shown that under certain assumptions, specified in the note, a supply function of capital can be built up that is independent of the demand function. The supply of capital is given in terms of the consumption unit. Reverse capital deepening is reflected in upward sloping segments of the correspondi…
Sraffa on demand
I have taken the course to express myself in terms of Number, Weight or Measure, to use only Arguments of Sense and to consider only such causes as have Visible Foundations in Nature: leaving those that depend upon the mutable Minds, Opinions and Appetites, Passions of particular Men to the consideration of others, (from the Preface to Political Arithmetik by William Petty)
Sraffa's hits and misses
Pressure of other research at first prevented me from responding favourably to the Editor's request for a new paper on Sraffian economics. However, I was glad to have my 1990 revisionist paper included in this colloquium, and did welcome the suggestion that a new Addendum be included. If a scholar in his ninth decade is to record his considered opinions on an important topic, it had better be a matter not of when but of now. So, reconsidering, I …
Sraffa and von Neumann
This paper discusses the relationship between Piero Sraffa’s 1960 book and John von Neumann’s 1937 paper on economic growth in the light of some of the material contained in Sraffa’s unpublished papers and correspondence. It is argued that the two contributions share a similar outlook and exhibit conceptual parallels; in fact, they can both be said to belong to the ‘classical ’ approach to the theory of value and distribution. The latter is chara…
Understanding 'Classical' Economics
"Mark Blaug on the "Sraffian Interpretation of the Surplus Approach
Research Article| March 01 2002 Mark Blaug on the “Sraffian Interpretation of the Surplus Approach” Heinz D. Kurz; Heinz D. Kurz Search for other works by this author on: This Site Google Neri Salvadori Neri Salvadori Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (1): 225–236. https://doi.org/10.1215/00182702-34-1-225 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn Email Permissions Se…
One Theory or Two? Walras's Critique of Ricardo
Research Article| June 01 2002 One Theory or Two? Walras's Critique of Ricardo Heinz D. Kurz; Heinz D. Kurz Search for other works by this author on: This Site Google Neri Salvadori Neri Salvadori Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (2): 365–398. https://doi.org/10.1215/00182702-34-2-365 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation H…
Fund–flow versus flow–flow in production theory
Ricardo on Agricultural Improvements
This note discusses the numerical examples of land saving and capital saving agricultural improvements Ricardo provided in the chapter on the rent of land in the Principles. Especially his illustration of the second kind of improvements met with fierce criticism. It is argued that Ricardo was not wrong in any substantive sense and that he could only be criticized for having changed the definition of rent as regards the timing of its payment from …
Removing an ‘insuperable obstacle’ in the way of an objectivist analysis
The paper discusses Sraffa's consecutive attempts in the late 1920s and early 1940s to tackle a problem which endangered his objectivist, surplus-based approach to the theory of value and distribution aimed at reviving the standpoint of the classical economists. Whilst with circulating capital the value transfer to the product and the physical ‘destruction’ of the input are one and the same thing, with fixed capital this is not so. Sraffa eventua…
Representing the production and circulation of commodities in material terms
The paper discusses Sraffa's interpretation of the classical economists and, following their lead, his elaboration of an objectivist, surplus-based theory of value and distribution. The emphasis is on the twin concepts of physical real costs and social surplus on the one hand and that of a circular flow of production on the other. In order to determine relative prices within such an analytical scheme, the tool of simultaneous equations is indispe…
In Favor of Rigor and Relevance
Mark Blaug has written another paper in which he attacks “Sraffian” economics. He characterizes his piece as “a new version of an earlier effort [that] extends and hopefully deepens the argument.” A careful scrutiny of the paper shows that Blaug reiterates once again his previous criticisms, adds a few new ones, but does not enter into a serious discussion of the replies to his earlier efforts. We provide an overall assessment of Blaug's various …
Piero Sraffa
Preface PART I 1. The Sraffa-enigma: Introduction Luigi L. Pasinetti 2. Piero Sraffa: emigration and scientific activity (1921-45) Nerio Naldi 3. Sraffa and the Marshallian tradition Annalisa Rosselli 4. Piero Sraffa at the University of Cambridge Maria Cristina Marcuzzo 5. On a turning point in Sraffa's theoretical and interpretative position in the late 1920s Pierangelo Garegnani 6. Removing an 'insuperable obstacle' in the way of an objectivis…
The Classical Notion of Competition Revisited
This article seeks to fill a lacuna within classical economics concerning the process of market price determination in situations of market disequilibrium. To this aim, first we distinguish the classical notion of free competition from the Walrasian notion of perfect competition and we argue that the latter is beset with some theoretical difficulties alien to the former. Second, we reconstruct in some detail Smith's and Marx's views concerning ma…
The Elgar Companion to David Ricardo
was not particularly interested in lengthy discussions of possible motives for establishing new colonies and he contented himself with devoting to colonial trade just the short Chapter 25 of his Principles of Political Economy and Taxation.Yet, within the latter it is possible to detect (at least) three main analytical arguments related to the colonial issue: i) colonies as a source of new fertile land and therefore as a viable solution to the pr…
Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws
This article proposes a rational reconstruction of the arguments of Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits, whereby a policy of free corn trade was repudiated and endorsed, respectively. Malthus envisaged defense and (trade-induced) opulence as two mutually alternative options and, if required to make a choice, he had no hesitation in choosing the former. By contrast, Ricardo excluded any such trad…
Economics (27 obras) · Economic Theory and Policy (26 obras) · Political Economy and Marxism (26 obras) · Economic Theory and Institutions (22 obras) · Neoclassical economics (18 obras) · Mathematical economics (13 obras) · Microeconomics (13 obras) · Law (12 obras) · Mathematics (12 obras) · Political science (12 obras)