Abstract: Professor Zhang Weiying believes that the Keynesianism can’t provide the answer to solve the crisis of 2008; if the economy can be expanded as long as stimulating the demand, we have long entered the communist society. He advocates stepping up the production through the Property System...

ResumenEl objetivo de este artículo es presentar un modelo clásico de precios de reproducción, en el cual se supone que los capitalistas deben pagar un impuesto físico sobre la producción. El modelo permite mostrar las propiedades de una economía en la cual se distinguen tres empleos del...

Oskar Lange’s 1938 article “The Rate of Interest and the Optimum Propensity to Consume”, is usually associated with the original IS-LM approach of the late 1930s. However, Lange’s article was not only an attempt to illuminate Keynes’s main innovations but the first part of a wide...

The work is an obituary of Tadeusz Kowalik, the doyen of Polish political economists, who died in Warsaw on July 30th, 2012. In the English-speaking world Kowalik is best known as the last surviving collaborator of Micha? Kalecki, an advisor to the Polish trade union Solidarity during the 1980s,...

Both Rosa Luxemburg and Michal Kalecki utilised Marx’s scheme’s or reproduction as the starting point of their analysis of economic dynamics. However, Luxemburg did not realise that they were not meant to serve as models of capitalist growth, but rather to show that the conditions for stable...

The author analyses the legacy of Luigi Spaventa as Italian Minister for the Budget. The author draws on personal reminiscences at the Ministry of Treasury, and focuses in particular on dualism in Italy's economic development and Spaventa's approach to the problem of the underdevelopment of the...

The paper introduces to the special issue of the journal, devoted to Luigi Spaventa, former board member and frequent contributor to the journal, Italian MP and minister of the Budget. While most obituaries and recollections of Spaventa focus on his academic or political activities, the author...

Within the rich literature that has flowed from Sraffa’s framework of Production of Commodities by means of Commodities a prominent position is occupied by the research programmes carried out independently by two authoritative exponents of this school: Pierangelo Garegnani and Luigi Pasinetti....

El objetivo de este artículo es presentar la teoríaclásica de los precios de reproducción con el fin deestablecer el alcance de su contenido respecto a lateoría clásica tradicional. Para ello, se adopta comopunto de partida la obra reciente de Bidard y Klimovsky(2006), Capital, salaire et...

This paper intends to present an unconventional approach to the classical theory of relative prices based on recent developments and current limitations. Using the work of Carlo Benetti, Christian Bidard y Edith Klimovsky (Bidard and Klimovsky, 2006) as a conceptual framework that generalizes...