Enrico Bellino

Author's titles

Introduction digital

by Enrico Bellino

Year: 2025

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Production is a Circular Process. The Reasons for an Alternative Approach to Economic Theory digital

by Enrico Bellino

Year: 2023

This paper reviews the main logical difficulties of the neoclassical analysis of production and income distribution when ‘capital’ is introduced. Both the version of the theory that considers capital as a single magnitude and the one where it is constituted by a set of capital goods are presented in a unified analytical framework...

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A New Solution to an Old Problem: a Temporary Equilibrium Version of the Ramsey Model digital

by Enrico Bellino

Year: 2020

According to the prevailing literature on capital accumulation with infinite horizon, convergence toward the optimal path requires that individuals are able to select the unique convergent (saddle) path. This is tantamount to assuming that individuals have ‘‘colossal’’ rational capabilities. Conversely, any minor deviation from the saddle-path would inevitably lead to a crash onto a zero per-capita consumption path...

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Necessary prices and necessary income distribution in classical political economy. A bridge with the notions ‘just’ prices and ‘just’ wage digital

by Enrico Bellino

Year: 2014

Production prices are those exchange-values which, if adopted, put each industry in the conditions to repeat its production process. In this sense they appear as necessary prices...

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