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Luigi Pasinetti’s Contribution to a “Human-Centered Economyâ€

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  • Stefano Zamagni

    (Università di Bologna)

Abstract

The paper illustrates and discusses two specific fundamental contributions of Pasinetti’s scientific endeavour. The first one deals with his thourough critique of the ontological and epistemological foundations of the neoclassical economic paradigm. The second one refers to Pasinetti’s refusal of the NOMA principle and the ensuing “great separation thesis†between economics and ethics. Whence the demonstration that the distinction between positive and normative analysis is self-contradictory. The paper ends up with some recollections of the generative scientific dialogue between the Master and the present Author.

Suggested Citation

  • Stefano Zamagni, 2025. "Luigi Pasinetti’s Contribution to a “Human-Centered Economyâ€," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 133(2), pages 251-256.
    • Handle: RePEc:vep:journl:y:2025:v:133:i:2:p:251-256
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    More about this item

    Keywords

    Pasinetti theorem; Utilitarianism; Catholic Social Teaching; Mainstream Economics; Modigliani-Miller Theorem;
    All these keywords.

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • D6 - Microeconomics - - Welfare Economics
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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