Added: 3 years ago
From: thenobelprize
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  • I agree. Sraffa deserved the prize as also Samuelson admitted for his work on Ricardo and for his book Production of commodities by means of commodities.

    I think the prize should now be awarded to prof. Pasinetti for his decisive contribution to the cause of the Sraffians in the capital controversy, in which he proved that the neoclassical production function was simply wrong. Moreover, Pasinetti's work on structural dymanics is worth the Nobel prize too.

  • Well it would be great to see either Pierro Sraffa or Joan Robinson being considered for the price. I think they (along with people like Luigi Pasinetti, P. Garegnani, and Geoffrey Harcourt) have provided a solid theoretical refutiation, during the 1950's and 60's Cambridge vs. Cambridge "capital controversy debate", of the continous use of neoclassical production functions in modern macro theory.

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