This collection of essays attempts to evaluate Luigi Pasinetti's contribution and to give new insights into the issues which he has illuminated. The volume also provides a general assessment of the significance of a number of key issues of the 'pure' Post-Keynesian School of economic thought, which has, and still has, its strong hold in the University of Cambridge, and to which Luigi Pasinetti has become the 'senior heir' since the deaths of the founding members, Piero Sraffa, Joan Robinson, Nicholas Kaldor and Richard Kahn in the 1980s.
This collection of essays attempts to evaluate Luigi Pasinetti's contribution and to give new insights into the issues which he has illuminated. The volume also provides a general assessment of the significance of a number of key issues of the 'pure' Post-Keynesian School of economic thought, which has, and still has, its strong hold in the University of Cambridge, and to which Luigi Pasinetti has become the 'senior heir' since the deaths of the founding members, Piero Sraffa, Joan Robinson, Nicholas Kaldor and Richard Kahn in the 1980s.
Frontispiece Preface List of Contributors Introduction; M.Baranzini & G.C.Harcourt PART 1: RICARDO AND CLASSICAL POLITICAL ECONOMY Marshall on Ricardo; P.Groenewegen Physiocratic Dichotomy in Price Determination and its Ricardian Resolution; I.Hishiyama The 'Standard Commodity' and Ricardo's Search for an 'Invariable Measure of Value'; H.D.Kurz & N.Salvadori Ricardian Comparative Advantage and the Perils of the Stationary State; A.Maneschi PART 2: ON CAPITAL THEORY Samuelson and the 93% Scarcity Theory of Value; A.J.Cohen PART 3: POST KEYNESIAN INCOME DISTRIBUTION AND GROWTH THEORY The Method of the Pure Ratio in Economic Analysis; A.Bhaduri A Post Keynesian Theory of Growth, Interest and Money; A.K.Dutt & E.J.Amadeo PART 4: STRUCTURAL DYNAMICS AND VERTICAL INTEGRATION Commodity Flows and Productive Subsystems: An Essay in the Analysis of Structural Change; M.A.Landesmann & R.Scazzieri On Economic Science, its Tools and Economic Reality; A.Quadrio Curzio PART 5: DEVELOPMENT ECONOMICS AND MODELS OF UNSTABLE GROWTH Development Economics: Some Basic Issues; S.Chakravarty The Economy as a Chaotic Growth Oscillator; R.M.Goodwin Long Run Changes in the Wage and Price Mechanisms and the Process of Growth; P.Sylos Labini PART 6: INSTITUTIONS AND ECONOMIC STRUCTURE: HUMAN ACTIONS AND THE PURE LABOUR THEORY OF VALUE Reflections on the Significance of the Labour Theory of Value in Pasinetti's Natural System; H.Bortis Rationality and Economic Behaviour; S.Lombardini Bibliography of the Works of Luigi Pasinetti Index
Frontispiece Preface List of Contributors Introduction; M.Baranzini & G.C.Harcourt PART 1: RICARDO AND CLASSICAL POLITICAL ECONOMY Marshall on Ricardo; P.Groenewegen Physiocratic Dichotomy in Price Determination and its Ricardian Resolution; I.Hishiyama The 'Standard Commodity' and Ricardo's Search for an 'Invariable Measure of Value'; H.D.Kurz & N.Salvadori Ricardian Comparative Advantage and the Perils of the Stationary State; A.Maneschi PART 2: ON CAPITAL THEORY Samuelson and the 93% Scarcity Theory of Value; A.J.Cohen PART 3: POST KEYNESIAN INCOME DISTRIBUTION AND GROWTH THEORY The Method of the Pure Ratio in Economic Analysis; A.Bhaduri A Post Keynesian Theory of Growth, Interest and Money; A.K.Dutt & E.J.Amadeo PART 4: STRUCTURAL DYNAMICS AND VERTICAL INTEGRATION Commodity Flows and Productive Subsystems: An Essay in the Analysis of Structural Change; M.A.Landesmann & R.Scazzieri On Economic Science, its Tools and Economic Reality; A.Quadrio Curzio PART 5: DEVELOPMENT ECONOMICS AND MODELS OF UNSTABLE GROWTH Development Economics: Some Basic Issues; S.Chakravarty The Economy as a Chaotic Growth Oscillator; R.M.Goodwin Long Run Changes in the Wage and Price Mechanisms and the Process of Growth; P.Sylos Labini PART 6: INSTITUTIONS AND ECONOMIC STRUCTURE: HUMAN ACTIONS AND THE PURE LABOUR THEORY OF VALUE Reflections on the Significance of the Labour Theory of Value in Pasinetti's Natural System; H.Bortis Rationality and Economic Behaviour; S.Lombardini Bibliography of the Works of Luigi Pasinetti Index
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