Modern Classical Economics and Reality. A Spectral Analysis of the Theory of Value and Distribution, by Theodore Mariolis and Lefteris Tsoulfidis (Tokyo: Springer Japan, 2016, 242 pp.
The idea of natural prices is one of the oldest and most important concepts in political economy. Natural prices were used by the Physiocrats but only got fully constructed by the classical political economists and Marx. In more recent times, they were further developed by Piero Sraffa and several political economists inspired by his work. Modern Classical Economics and Reality by Theodore Mariolis and Lefteris Tsoulfidis constitute an important contribution within the latter tradition.