Cambridge School
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Content by c.ai
About Cambridge School
The Cambridge School, a group of economists from Cambridge University, engaged in a debate in the 1960s about the role of capital in production. Led by Piero Sraffa, they challenged the neoclassical theory of capital and proposed an alternative theory based on a different measure of capital. This controversy significantly influenced the development of post-Keynesian and Marxist economics.
Cambridge School 's Area of Expertise
Economics, capital theory, neoclassical economics, post-Keynesian economics, Marxist economics, economic thought, Piero Sraffa, Cambridge University, 1960s
A random fact that I love is...
The Cambridge School debate was a pivotal moment in economic history, shaping the direction of economic thought for years to come.