In their recent article Joan Robinson and K. A. Naqvi provide an example which they think ". . . conclusively disproves the notion that the number of switches cannot be more than the number of capital goods in the system." ...

Levine claims that Sraffa has been misunder- stood on issues concerning, "(1) [the] use of pro- duction coefficients and the question of returns to scale, (2) the centerpiece of the price-deter- mining apparatus, (3) ...

One fundamental result in Sraffa's production of commodities by means by commodities is the relationship between the rate of profit for a given production tecchnique and Sraffa;s measure of the real wage.................

By reswitching of techniques we mean the recurrence at different rates of interest of a whole matrix of activities or a "technique of production." The "Ruth Cohen Curiosum" may be considered a special case where only a ...

In the mid-1960's two quite separate but fundamental questions in capital theory were first debated in this Journal. On the one hand, the original paper by Levhari (1965) gave rise to the widely cited series of papers ...

In two previous papers we have discussed the formulation of a logically consistent adaptive-type price expectations mechanism in continuous time and have applied our results to derive sufficient conditions for dynamic ...

Using the notation of our original paper,' we summarize differ- ent techniques by (nXn) input matrices a, b, c, . . . and the cor- responding labor requirement vectors ao, bo, ... When one sets the wage w=1 as a normalization, ...