लेखक: Pierangelo Garegnani

Editor: Roberto Ciccone was Full Professor of Economics at the University of Roma Tre (now retired) and Director of the Centro Ricerche e Documentazione “Piero Sraffa”. The main areas of his research include the modern reappraisal of the classical theory of value and distribution, and the extension of the Keynesian approach to the level of activity to the long run.   Author: Pierangelo Garegnani (1930-2011), a pupil of Piero Sraffa at the University of Cambridge (UK), was one of the most prolific and innovative Italian economists. He was one of the main exponents of the school that, starting from Sraffa”s contributions, developed the “capital critique” of marginalist theory and initiated the modern revival of the theoretical approach of the classical economists.