ABSTRACT
Property and Prices (Burgstaller, 1994) is a book of great interest and the reader who takes the time to read it carefully will not regret his decision. Burgstaller points out several similarities between the classical analysis of value à la Ricardo, Marx, and Sraffa on one side and the neoclassical theory of prices à la Walras, Hicks, and Arrow-Debreu on the other. The analysis he provides is designed to show that these two theories (or rather these two groups of theories) have many elements in common and, in particular, that once the stock market is incorporated into general equilibrium theory both groups of theories can be seen to possess the same mathematical structure.
