Pasinetti's theory of structural dynamics has, as well as the capability approach, normative implications about income distribution and economic growth. Compared with the latter, however, the individual character of consumption is rather neglected in Pasinetti's framework, but the macro-economic...

Maurice Potron was a French mathematician whose largely unknown contributions to economic analysis should be acknowledged as pioneering achievements. The purpose of this paper is to (1) reconstruct Potron's core model in terms of modern input-output analysis, (2) show that Potron proved de facto...

Georg von Charasoff was one of the first economic theorists to recognise that the price of production is an eigenvector of the input matrix, and to determine the rate of profit using its eigenvalue. He anticipated, at this analytical level, most of the arguments that were proposed later in the...

Sen's capability approach has been studied by many researchers including not only economists but also political philosophers. Almost all researchers consider capabilities as a static concept. However, D'Agata (2007) points out a need for consideration within a dynamic concept in the capability...