You will have to ask Sraffa.  He was of course, building his analysis on 
Ricardo.  It was a 
clever exposition, but it was not a theory, but as his subtitle says, a 
critique of the 
existing neo-classical theory.


On Thu, Aug 12, 2010 at 10:29:03AM -0700, Lakshmi Rhone wrote:
> Michael,
> Why defend the labor theory of value with a flat supply 'curve'? That makes
> no sense to me. Marx is not a theorist of flatness but jumps.



-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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