Titlebook: Capital Theory, the Surplus Approach, and Effective Demand; An Alternative Frame Pierangelo Garegnani,Roberto Ciccone Book 2024 The Editor(

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Two Routes to Effective Demand: Comment on Kregel1. To be clear about the problems raised by (Kregel,.Kregel (ed), Distribution, Macmillan, 1983) we must distinguish two routes along which orthodox theory can be criticized in order to establish the “principle of effective demand”.

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Pierangelo Garegnani,Roberto CicconeFeatures Pierangelo Garegnani’s works on the classical theory of value and distribution.Includes a critique of the marginalist theory and a reappraisal of the classical theory of distribution.Presents

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Capital Theory, the Surplus Approach, and Effective Demand978-3-031-23643-3Series ISSN 2662-6098 Series E-ISSN 2662-6101

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https://doi.org/10.1007/978-3-319-28658-7tury ultimately rely, has been the object of considerable discussion in recent years. As is well known, these theories had their origin in a reformulation in terms of homogeneous land and “intensive” margins, of the Malthusian theory of rent.

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Optimal Strategy in International Relationsnterpretation pointing to the basic role of institutional and historical factors in the classical theory of distribution and capital accumulation is criticized as “amazingly narrow” (215), one that looks at those economists “‘through the lenses of the linear production model’” (234).

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Heterogeneous Capital, the Production Function and the Theory of Distributiontury ultimately rely, has been the object of considerable discussion in recent years. As is well known, these theories had their origin in a reformulation in terms of homogeneous land and “intensive” margins, of the Malthusian theory of rent.

Corral

Misunderstanding Classical Economics? A Reply to Blaugnterpretation pointing to the basic role of institutional and historical factors in the classical theory of distribution and capital accumulation is criticized as “amazingly narrow” (215), one that looks at those economists “‘through the lenses of the linear production model’” (234).

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