Luigi Pasinetti's early influences include Richard Kahn and who else?
Paul Samuelson
Kenneth Arrow
Piero Sraffa
Franco Modigliani
Answer
Piero Sraffa, an Italian economist, was one of Luigi Pasinetti's early influences. Sraffa's most notable work was his critique of the neoclassical theory of capital, which challenged the traditional view of capital as a homogeneous factor of production. He argued that capital is heterogeneous and that its value is determined by the physical characteristics of the goods that are produced.
The Pasinetti Puzzle: Unravel the Legacy of Luigi Pasinetti
More Questions
What was a key topic of the Cambridge capital controversy that Pasinetti contributed to?
Pasinetti's work falls into which period of economic thinking?
Who is a fellow prominent member of the Cambridge group alongside Pasinetti?
Besides economics, what other area did Pasinetti's structural dynamics theory touch upon?
Which analysis technique is Pasinetti credited with improving?
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