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The Theory of Value and the Foundations of Economic Policy

In Memoriam Pierangelo Garegnani

Bibliographic Data

ID11697495
AuthorsJohn Eatwell (Queens College, CUNY, corresponding author)
Year2012
Volume31
Issue1
Pages1-18
Publication date2012-05-17
Open AccessNo
TypeARTICLE
VenueContributions to Political Economy (JOURNAL)
Journal identifiersISSN: 0277-5921 • E-ISSN: 1464-3588
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/cpe/bzs005
OpenAlexW2084780688
LanguageEN
Citations received5
References cited13

Key elements in the life's work of Pierangelo Garegnani (9th August 1930–14th October 2011) derive from the analytical results first developed in his 1958 PhD dissertation at Cambridge University. The critique of Walras's theory of capital articulated in the dissertation was extended in later years to the identification of the implications of the change in the concept of equilibrium in the works of Hicks and Debreu. Garegnani's work on re-switching in the 1960s provided the foundation for an important dissection of theories of output and employment. Combining these contributions with the classical approach to the theory of value and distribution results in turn results in important insights into the relationship between theory and the development of institutions, and hence into economic policy-making

Capital (architecture · Economics · Epistemology · Foundation (evidence · General equilibrium theory · Identification (biology · Mathematical economics · Microeconomics · Neoclassical economics · Political science · Positive economics · Value (mathematics · Value theory · Work (physics · Economic Theory and Institutions · Economic Theory and Policy · Law · Mathematics · Philosophy · Political Economy and Marxism

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    Open Access•Roberto Scazzieri, Mauro Baranzini et al.•Resources, Production and…•2015

  • After the Cambridge Controversies

    Open Access•Harvey Gram•Contributions to Political Economy•2022

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    Antonella Palumbo•Review of Political Economy•2015

  • A Feminist Political-Economy Narrative Against Austerity

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  • The general theory of employment, interest, and money

    John Maynard Keynes•The general theory of employment,…•1991

  • On the shoulders of giants

    Robert King Merton•On the shoulders of giants•1965

  • Excess demand functions

    Open Access•Gerard Debreu•Journal of Mathematical Economics•1974

  • Value and Distribution in the Classical Economists and Marx 1

    Pierangelo Garegnani•Oxford Economic Papers•1984

  • On the characterization of aggregate excess demand

    Open Access•Rolf R Mantel•Journal of Economic Theory•1974

  • Heterogeneous Capital, the Production Function and the Theory of Distribution

    Pierangelo Garegnani•The Review of Economic Studies•1970

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    Open Access•Pierangelo Garegnani•Journal of the History of…•2008

  • The Sonnenschein-Mantel-Debreu Results after Thirty Years

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Citations per year0.38
Citation span2013 - 2022 (10)
Highly citedNo

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