Sraffa, Piero

Piero Sraffa was an influential Italian economist known for his critique of classical and neoclassical economic theories. His work emphasized the importance of production methods and the relationships between different goods in the economy. Sraffa is best known for his book "Production of Commodities by Means of Commodities," where he introduced a framework for understanding how goods are produced and how prices are determined in a competitive market, focusing on the role of technology and resources rather than individual preferences. His ideas contributed to the development of various economic theories, including debates on value, distribution, and economic systems.