ABSTRACT

Leontief Sraffa analysis can be done for first-degree-homogeneous, smoothly concave functions. Robinson in her later decades became increasingly fond of the verb bamboozle when writing on capital theory. By the late 19th century writers like Walras, von Wieser, and Fred Taylor had already in a casual way chanced upon the analysis of alternative discrete technologies; indeed the frequent use of numerical examples in the pre- and post-Smith classical literature did advert to the same methodology as for example in Ricardo's cloth and wine trade twixt England and Portugal. Sraffa, after effectively debunking one's ability to define unambiguously when capital was more roundabout, more deepened, more qualitatively productive, announced his 1960 intention to publish a future critique of modern economic theory. Furthermore, qualitatively, all that gets ruled out in either the Clark paradigm or in the non-Clark SraffaSamuelson paradigm must also get ruled out in both of these non-identical paradigms.