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Discussion notes on “classical‐Keynesians”

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  • Sergio Parrinello

Abstract

This article aims at stimulating a discussion on “the nine building blocks presented by Pasinetti to define the main methodological characteristic features of the classical‐Keynesian school” and chosen as the guidelines of a recent collective volume. The discussion notes are tripartite. Part I presents a list of short annotations at the margin of the nine blocks for possible debate. Part II starts the discussion by focusing on “an appropriate analytical framework for dealing with technical change and economic growth” and, in particular, on the theoretical approach in terms of vertically integrated sectors. Part III deals briefly with the blocks on normal states, causality and macroeconomics versus microeconomics.

Suggested Citation

  • Sergio Parrinello, 2024. "Discussion notes on “classical‐Keynesians”," Metroeconomica, Wiley Blackwell, vol. 75(1), pages 2-14, February.
    • Handle: RePEc:bla:metroe:v:75:y:2024:i:1:p:2-14
    DOI: 10.1111/meca.12431
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    References listed on IDEAS

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    1. Nicholas Kaldor, 1955. "Alternative Theories of Distribution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(2), pages 83-100.
    2. Roberto Veneziani & Luca Zamparelli & Amitava Krishna Dutt, 2017. "Heterodox Theories Of Economic Growth And Income Distribution: A Partial Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1240-1271, December.
    3. Luigi L. Pasinetti, 1962. "Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(4), pages 267-279.
    4. Heinz Kurz & Neri Salvadori, 2005. "Representing the production and circulation of commodities in material terms: On Sraffa's objectivism," Review of Political Economy, Taylor & Francis Journals, vol. 17(3), pages 413-441.
    5. Hoover,Kevin D., 2001. "Causality in Macroeconomics," Cambridge Books, Cambridge University Press, number 9780521002882, January.
    6. A. Simon, Herbert & Iwasaki, Yumi, 1988. "Causal ordering, comparative statics, and near decomposability," Journal of Econometrics, Elsevier, vol. 39(1-2), pages 149-173.
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