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Introduction: Luigi L. Pasinetti—A Leading Scholar of the Second Generation of the Cambridge School of Keynesian Economics

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Part of the Palgrave Studies in the History of Economic Thought book series (PHET)

Abstract

Baranzini and Mirante maintain that Luigi Pasinetti, born in 1930, is a leading scholar, probably the most influential, of the second generation of the Cambridge School of Keynesian Economics, both because of his achievements and for his early involvement with the direct pupils of Keynes. Pasinetti, with Geoff Harcourt and a few others, belongs to that generation that was not directly involved with Keynes but that was in direct contact with his pupils. In this introductory chapter, the authors underline three distinctive features of Pasinetti’s programme: he is a ‘tool-maker’ rather than a ‘tool-user’; he has always operated within the production (versus the exchange) paradigm, and he has always focused on the ‘causality’ versus the ‘interdependence’ framework. Finally, the main lines of Pasinetti’s research programme are outlined.

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© The Author(s) 2018

Authors and Affiliations

  1. 1.University of LuganoLuganoSwitzerland
  2. 2.University of Applied Sciences of Southern Switzerland and University of LuganoLuganoSwitzerland

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