Luigi pasinetti and the political economy of growth and distribution

Abstract

This paper, especially written especially for our volumes following a suggestion by G.C. Harcourt, arises from a set of notes I wrote in July 2014 for my long-time friend, Thomas Ferguson, Professor of Political Science at the University of Massachusetts in Boston and a leading member of the Institute of New Economic Thinking, who asked me to prepare a point by point briefing on Pasinetti’s work in the light of a meeting with him in Milan. In the present essay the sequence is kept as in the original notes with some important additions while the text has been changed into a more discursive style.