Monday, November 14, 2011

Income distribution in advanced capitalist economies

Massimo Pivetti has been central for the development of the so-called monetary theory of distribution, which develops the work of Piero Sraffa. The link (here) is to a talk at UNAM, in México last week (intro in Spanish, but Pivetti gives the talk in English starting at around minute 3). A good paper to follow what he says can be found here. You can see all the videos and other good stuff here.

PS: The classic book on the topic here.

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