Il Meccanismo europeo di stabilità a Pisa - il video

31 gennaio 2012- La chiacchierata a PaP di Pisa su MES e dintorni. Simpatici compagni, simpatica atmosfera.
il video

Buon visione.

The modern revival of the Classical surplus approach. A new working paper.

Un nuovo Quaderno DEPS (735/2016). Il paper raccoglie la versione prelminare della presentazione che feci per i seminari Critical Economics in Times of Crisis organizzata nel 2015 da Tommaso Gabellini and Simone Gasperin col sostegno dell' Università di Pisa e della Scuola Superiore Sant’Anna. Qui l'introduzione. Commenti benvenuti.

The modern revival of the Classical surplus approach: implications for the analysis of growth and crises

Sergio Cesaratto

Sraffian economics has recovered the surplus approach to the theory of value and distribution developed by the Classical economists and Marx and later obscured by the emergence of marginalist economics in the second half of the 19th century. It has also laid the foundations for a robust capital-theoretic critique of the marginalist theory of distribution. By virtue of this twofold contribution, Modern Classical Theory (MCT), also known as Classical-Keynesian approach, is well suited to absorb and reinforce the more revolutionary insights of Keynes’s legacy and to spur heterodox research in various directions. The paper suggests some implications for modern macroeconomics and the interpretation of the global and European crises. Given that some themes, particularly the capital-theory controversy, will be illustrated by Fabio Petri’s contribution to the present volume, I will extend my own contribution considering some other heterodox approaches in the light of MCT. The paper intends to provoke interest in MCT especially to young scholars interested in heterodox economics.