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A Note on Francesco Ferrara's Cost of Reproduction
Published online by Cambridge University Press: 11 June 2009
Extract
For those readers who are not familiar with the history of Italian economic thought, the Cost of Reproduction Doctrine (CRD) is an interpretation ofthe theory of value developed by the distinguished scholar Francesco Ferrara (1810–1900) around the middle of the nineteenth century. This was a time when many of the flaws of the classical system had been identified but the analytical tools needed for their elimination were not yet available.
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- Copyright © The History of Economics Society 2004
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