Comment on “Sraffa and the Labour Theory of Value: a note” – Reply to William Jefferies

Vol. 41 No. 1 (2021)

Jan-Mar / 2021
Published February 9, 2021
PDF-English
PDF-English

How to Cite

Araujo, Fabio Anderaos de. 2021. “Comment on ‘Sraffa and the Labour Theory of Value: A note’ – Reply to William Jefferies”. Brazilian Journal of Political Economy 41 (1), 202-6. https://doi.org/10.1590/0101-31572020-3215.

Comment on “Sraffa and the Labour Theory of Value: a note” – Reply to William Jefferies

Fabio Anderaos de Araujo
Autonomous economic researcher, São Paulo/SP, Brazil.
Brazilian Journal of Political Economy, Vol. 41 No. 1 (2021), Jan-Mar / 2021, Pages 202-206

Abstract

This is a reply to the criticisms raised by William Jefferies (Jefferies, 2020) to my article “Sraffa and the Labour Theory of Value: a note” (Araujo, 2019). In Jefferies (2020) the author has given great emphasis to the question of physical commensurability between input and output in Sraffa’s price model. 

JEL Classification: B12; B51.


Keywords: Labour-value, price, commensurability, standard commodity