ABSTRACT
Even three decades after the publication of Piero Sraffa’s Production of Commodities by Means of Commodities (1960) and in spite of extended discussions on the matter there does not yet exist a commonly accepted view as to the meaning of the ‘Standard commodity’ and the role it plays in Sraffa’s analysis. Moreover, it seems to be still unclear what is the relationship between this concept and Ricardo’s search for an ‘invariable measure of value’.1
