Theory of Value - A Source of Alternative Paradigms in Economic Analysis

Luigi Lodovico Pasinetti

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

There is a dichotomy, in economic analysis, between production-oriented theories and exchange-oriented theories, as is portrayed and investigated from many different angles in the present book. The Author argues that the source of this dichotomy can be traced back to a deeper dichotomy, which can be found in the theory of value. This is the problem that is investigated in detail in the present contribution.
Original languageEnglish
Title of host publicationFoundations of Economics - Structures of Inquiry and Economic Theory
EditorsMAURO BARANZINI, ROBERTO SCAZZIERI
Pages409-431
Number of pages23
Publication statusPublished - 1986

Keywords

  • A pure labour model
  • A pure preference model
  • Ferdinando Galiani
  • Justum Pretium : the pre-theoretical stage
  • Structural dynamics
  • The meaning of prices in a pure labour economy

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