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Neo-Ricardianism

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Title: Neo-Ricardianism  
Author: World Heritage Encyclopedia
Language: English
Subject: Heterodox economics, Classical economics, Schools of economic thought, Labor theory of value, Ricardian economics
Collection: Classical Economics, Economic Theories, Heterodox Economics, Political Ideologies
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Neo-Ricardianism

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 neo-classical 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. It particularly disputes neo-classical theory of income distribution.

Prominent neo-Ricardians are usually held to include Giorgio Gilibert.

The school partially overlaps with post-Keynesian and neo-Marxian economics.

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