Luigi Pasinetti

Luigi Pasinetti
Born(1930-09-12)12 September 1930
Died31 January 2023(2023-01-31) (aged 92)
Milan, Italy
NationalityItalian
Academic background
Alma materUniversità Cattolica Milano, University of Cambridge.
InfluencesPiero Sraffa, Richard Kahn.
Academic work
DisciplineEconomics
School or traditionPost-Keynesian economics
InstitutionsEmeritus Professor at the Università Cattolica Milano
Notable ideasEconomic growth, Theory of value, Mathematical formulation of the Ricardian system, Pasinetti's Theorem, Vertically integrated sectors, Structural change.
Notes
Editorial duties: Cambridge Journal of Economics, Journal of Post Keynesian Economics, Kyklos, Structural Change and Economic Dynamics

Luigi L. Pasinetti (12 September 1930 – 31 January 2023) was an Italian economist of the post-Keynesian school. Pasinetti was 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 also developed the theory of structural change and economic growth, structural economic dynamics and uneven sectoral development.