Luigi Pasinetti
| Luigi L. Pasinetti | |
|---|---|
 |
|
| Born |
12 September 1930 Zanica, Italy |
| Nationality | Italian |
| Institution | Emeritus Professor at the Università Cattolica Milano. |
| Field | Economics |
| School or tradition |
Post-Keynesian economics |
| Alma mater | Università Cattolica Milano, University of Cambridge. |
| Influences | Adam Smith, David Ricardo, Karl Marx, Knut Wicksell, John Maynard Keynes, Michal Kalecki, Richard Goodwin, Piero Sraffa, Nicholas Kaldor, Joan Robinson, Richard Kahn. |
| Influenced | Nicholas Kaldor, Joan Robinson, Richard Kahn, Paul Samuelson, Lance Taylor, Ian Steedman, Duncan Foley, Marc Lavoie. |
| Contributions | Economic growth, Theory of value, Mathematical formulation of the Ricardian system, Pasinetti's Theorem, Vertically integrated sectors, Structural change. |
| Notes | |
Luigi L. Pasinetti (born September 12, 1930) is an Italian economist of the Post-Keynesian school. Pasinetti is considered the heir of the "Cambridge Keynesians" and a student of Piero Sraffa and Richard Kahn. Along with them, as well as Joan Robinson, he was one of the prominent members on the "Cambridge, UK" side of the Cambridge capital controversy. His contributions to economics include developing the analytical foundations of Neo-Ricardian economics, including the theory of value and distribution, as well as work in the line of Kaldorian theory of growth and income distribution. He has also developed the theory of structural change and economic growth, structural economic dynamics and uneven sectoral development.
Pasinetti was born on September 12, 1930, in Zanica, near Bergamo, in the north of Italy. He began his economics studies at Milan's Università Cattolica, where he obtained his “laurea” degree in 1954. The thesis that he presented dealt with econometric models applied to the analysis of the trade cycle. As a brilliant student, he won several scholarships for graduate studies which gained him access to University of Cambridge, England (1956 and 1958), Harvard University, United States (1957) and Oxford University, England (1959) for his graduate studies. In 1960 Oxford's Nuffield College granted him a Research Fellowship that he enjoyed until 1962, the year in which he left the University for Cambridge, called there by the prestigious economist Lord Richard Kahn. In those years,
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