In Favor of Rigor and Relevance. A Reply to Mark Blaug

Abstract

The paper discusses Mark Blaug’s recent criticisms of “Sraffian economics”. It is shown that none of the criticisms stand up to close examination. Blaug commits a number of elementary blunders and mistakes the mathematical form of an argument for its content. He variously contradicts himself and puts forward bold contentions that cannot be sustained. The paper concludes with an obvious plea for rigor and relevance.Piero Sraffa;Mark Blaug; General Equilibrium