8:30-9:30         Registration (entrance in the Conference room will be allowed until 9:30)

10:00-11:10       Opening of the Conference, in the presence of Giorgio Napolitano, President of the Italian Republic

Aula Magna, Chair: P. Leon (Roma Tre University)

·         Welcome addresses: G. Fabiani (Rector of Roma Tre University), A. Rosati (Assessore al Bilancio of the Provincia di Roma), C.M. Travaglini (Dean of the Faculty of Economics “Federico Caffè”)

      Plenary Session I - Capital and the Neoclassical Theory

·         P. Garegnani (Roma Tre University)

On the present state of the capital controversy

Discussant: H. Gram (City University of New York)

 

11:10-11:40       coffee break

 

11:40-13:20       Plenary Session I - Capital and the Neoclassical Theory (contd.)

·         S. Parrinello (Sapienza University of Rome)

Numeraire, savings and the instability of a competitive equilibrium

Discussant: F. Ravagnani (Sapienza University of Rome)

·         E. Bellino (Univ. Cattolica del Sacro Cuore, Milan)

On the Ramsey optimal path

Discussant: F. Petri (University of Siena)

 

13:20-14:45       lunch

 

14:45-17:15       Plenary Session II - The Revival of the Classical Surplus Theory and its Developments

Aula Magna, Chair: H. Bortis (University of Fribourg)

·         M. Pivetti (Sapienza University of Rome)

Advanced capitalism and the change in income distribution: a suggested classical interpretation

Discussant: A. Stirati (Roma Tre University)

·         A. Roncaglia (Sapienza University of Rome)

Some notes on scarcity

Discussant: A. Palumbo (Roma Tre University)

·        F. Serrano (Federal University of Rio de Janeiro)

Elements of continuity and change in the international economic order: an analysis based on the modern classical surplus approach

Discussant: A. Bagchi (Inst. of Development Studies Kolkata)

 

17:15-17:45       coffee break

 

17:45-19:00       Parallel sessions A

 

 

 

  9:00-11:30       Plenary Session III - Historical Contexts and the Revival of the Classical Approach

Aula Magna, Chair: L.L. Pasinetti (Univ. Cattolica del Sacro Cuore, Milan)

·         P. Leon (Roma Tre University)

Lessons from the contemporary crisis

Discussant: M. De Cecco (Scuola Normale Superiore of Pisa)

·         I. Eliseeva (Saint Petersburg State University of Economics and Finance)

“Production of commodities by means of commodities” in Russia

Discussant: A. Ginzburg (Univ. of Modena and R. Emilia)

·         G. Mongiovi (St. John's University of New York)

On the concept of exploitation in Marxian economics

Discussant: R. Bellofiore (University of Bergamo)

 

11:30-12:00       coffee break

 

12:00-13:45       Parallel sessions B

 

13:45-15:00       lunch

 

15:00-17:30       Plenary Session IV - Issues Concerning Sraffa’s Manuscripts

Aula Magna, Chair: B. Schefold (Goethe University of Frankfurt)

·         H.D. Kurz (Karl Franzens University of Graz)

Reviving the “standpoint of the old classical economists”: Piero Sraffa’s contribution to political economy

Discussant: N. Naldi (Sapienza University of Rome)

·         M. De Cecco (Scuola Normale Superiore of Pisa)

Looking backwards: from the role of money, interest rates and the central bank in Production of Commodities, to Sraffa's lectures on continental banking

Discussant: R. Arena (Sophia Antipolis University of Nice)

·         A. Campus (Sapienza University of Rome)

On Sraffa's manuscripts of the 1920s

Discussant: A. Rosselli (University of Rome “Tor Vergata”)

 

17:30-18:00       coffee break

 

18:00-19:15       Parallel sessions C

 

19:30                Departure to Conference dinner

 

 

 

 

 

  9:00-10:45       Parallel sessions D

 

10:45-11:15       coffee break

 

11:15-13:45       Plenary Session V - The Classical Approach: Economic Policy and Applied Analysis

Aula Magna, Chair: H.D. Kurz (Karl Franzens University of Graz)

·         T. Aspromourgos (University of Sydney)

Can (and should) monetary policy permanently pursue a zero real interest rate?

Discussant: M. Pivetti (Sapienza University of Rome)

·         R. Ciccone (Roma Tre University)

Public debt and output determination

Discussant: O. Dejuàn (University of Castilla – La Mancha)

·         C. Medeiros (Federal University of Rio de Janeiro)

The political economy of developmental strategies

Discussant: A. Ginzburg (Univ. of Modena and R. Emilia)

 

13:45-15:00       lunch

 

15:00-16:45       Parallel sessions E

 

16:45-17:15       coffee break – end of Conference

Parallel Sessions A

Thursday, 2 December, 17:45-19:00

 

 

Session A.1 – Capital theory 1

Aula 21, chair: B. Schefold (Goethe University of Frankfurt)

·         Saverio M. Fratini (Roma Tre University)

The Hicks-Malinvaud average period of production and ‘marginal productivity’: a critical assessment [Discussant: M.P. Potestio (Roma Tre University)]

·         Harvey Gram (City University of New York)

Neoclassical theory: under-determined, over-determined, or unable to move? [Discussant: B. Schefold (Goethe University of Frankfurt)]

 

 

Session A.2 – On Sraffa's manuscripts 1

Aula 22, chair: C. Gehrke (Karl Franzens University of Graz)

·          Giorgio Gilibert (University of Trieste)

A pictorial approach to the Standard Commodity. With a digression [Discussant: P. Trabucchi (Roma Tre University)]

·          Antonella Picchio (Univ. of Modena and Reggio Emilia)

Notes on wages, supply of labour, national income and fiscal policy [Discussant: C. Gehrke (Karl Franzens University of Graz)]

 

 

Session A.3 – Distribution and the share of wages

Aula 11, chair: chair: E. Screpanti (University of Siena)

·          Antonella Stirati (Roma Tre University)

Changes in functional income distribution in Italy and Europe. Service sector prices, labour market conditions and institutional change [Discussant: E. Screpanti (University of Siena)]

·          Aldo Barba (Federico II University of Naples)

On the link between functional and personal distribution in Italy [Discussant: A. Trezzini (Roma Tre University)]

 

 

Session A.4 – Themes in the history of thought 1

Aula 12, chair: G. Mongiovi (St. John's University of New York)

·          Riccardo Bellofiore (University of Bergamo)

Sraffa and Marx: a reopening of the debate [Discussant: E.J. Nell (New School, New York)]

·          Scott Carter (University of Tulsa)

On Sraffa's 'corrected' organic composition of capital [Discussant: E.J. Nell (New School, New York)]

 

 

 

Parallel Sessions B

Friday, 3 December, 12:00-13:45

 

 

Session B.1 – Developments of Sraffa's analysis

Aula 11, chair: L.L. Pasinetti (Università Cattolica del Sacro Cuore, Milan)

·          Luigi L. Pasinetti (Università Cattolica del Sacro Cuore, Milan)

A personal evaluation of the tasks in economic theory that Piero Sraffa has left to his pupils [Discussant: P. Leon (Roma Tre University)]

·          Enrico Bellino – (Università Cattolica del Sacro Cuore, Milan)

Employment and income distribution from a Classical-Keynesian viewpoint. Some tools to ground a normative analysis [Discussant: L. Boggio (Università Cattolica del Sacro Cuore, Milan)

·          Nadia Garbellini (Univ. Cattolica del Sacro Cuore, Milan) and Ariel Wirkierman (Univ. Cattolica del Sacro Cuore, Milan)

Pasinetti's Structural Change and Economic Growth: a conceptual excursus [Discussant: P. Porta (University of Milano–Bicocca)]

 

 

Session B.2 – On distribution and the social product

Aula 12, chair: E.J. Nell (New School, New York)

·          E. Sergio Levrero (Roma Tre University)

Marx on absolute and relative wages and the modern theory of distribution [Discussant: G. Mongiovi (St. John's University of New York)]

·          Guglielmo Chiodi (Sapienza University of Rome) and Leonardo Ditta (University of Perugia)

Sraffa and Keynes: two ways of making a 'revolution' in economic theory [Discussant: G. Mongiovi (St. John's University of New York)]

·          Uschi Anthamatten (University of Fribourg)

Sraffa and the making of the modern theory of income distribution [Discussant: G. Mongiovi (St. John's University of New York)]

 

 

Session B.3 – Effective demand and growth 1

Aula 21, chair: T. Aspromourgos (University of Sydney)

·          Fabio Petri (University of Siena)

Bringing sense back to the theory of aggregate investment [Discussant: T. Aspromourgos (University of Sydney)]

·          Attilio Trezzini (Roma Tre University)

The meaning of the long-run proportion of saving in social income [Discussant: M. Lavoie (University of Ottawa)]

·          Oscar Dejuàn (University of Castilla-La Mancha)

Demand constrained accumulation [Discussant: M. Lavoie (University of Ottawa)]

 

 

Session B.4 – Themes in economic policy 1

Aula 22, chair: V. Maffeo (Sapienza University of Rome)

·          Sergio Cesaratto (University of Siena)

Harmonic and conflict views in international economic relations: a Sraffian view [Discussant: F. Serrano (Federal University of Rio de Janeiro)]

·          Emiliano Brancaccio (University of Sannio), Antonella Stirati (Roma Tre University) and Domenico Suppa (Federico II University of Naples)

Accumulation regime, income distribution and economic crisis [Discussant: V. Maffeo (Sapienza University of Rome)]

·          Fabian Amico (Luján University, Buenos Aires) and Alejandro Fiorito (Luján University, Buenos Aires)

Exchange rate policy, distributive conflict and structural heterogeneity. The Argentinean and Brazilian cases [Discussant: F. Serrano (Federal University of Rio de Janeiro)]

 

 

 

Parallel Sessions C

Friday, 3 December, 18:00-19:15

 

 

Session C.1 – On equilibrium and prices

Aula 12, chair: G. Gilibert (University of Trieste)

·          Carlo Benetti (Univ of Paris Ouest Nanterre), Christian Bidard (Univ of Paris Ouest Nanterre) and Edith Klimovsky (Metropolitan Autonomous University, Mexico)

Disequilibrium and reproduction prices: some dynamic extensions of Sraffa's model [Discussant: E. Bellino (Univ.Cattolica del Sacro Cuore, Milan)]

·          Takashi Yagi (Meiji University, Tokyo)

The Sraffian price system and the classical theory of value and distribution [Discussant: G. Gilibert (University of Trieste)]

 

 

Session C.2 – On Sraffa's manuscripts 2

Aula 11, chair: H. Gram (City University of New York)

·          M.Cristina Marcuzzo (Sapienza University of Rome) and Annalisa Rosselli (University of Rome “Tor Vergata”)

Sraffa and his arguments against 'marginism' [Discussant: H.D. Kurz (Karl Franzens University of Graz)]

·          Neri Salvadori (University of Pisa)

Besicovitch, Sraffa, and the existence of the Standard commodity [Discussant: H. Gram (City University of New York)]

 

 

Session C.3 – On Post-Keynesian Theories

Aula 21, chair: R. Ciccone (Roma Tre University)

·          Tony Aspromourgos (University of Sydney)

Sraffa's System in relation to some main currents in unorthodox economics [Discussant: R. Ciccone (Roma Tre University)]

·          Marc Lavoie (University of Ottawa)

Should Sraffian economics be dropped out of the post-Keynesian school? [Discussant: A. Stirati (Roma Tre University)]

 

 

Session C.4 – Themes in economic policy 2

Aula 22, chair: G. Chiodi (Sapienza University of Rome)

·          Guido Montani (University of Pavia)

Money and finance as global public goods. Contribution to a supranational macroeconomic theory [Discussant: A. Barba (Federico II University of Naples)]

·          Carlo Panico (Federico II Univ of Naples), Antonio Pinto (Federico II Univ of Naples) and Martin Puchet Anyul (National Autonomous University, Mexico)

Inequality and the size of the financial industry [Discussant: G. Chiodi (Sapienza University of Rome)]

 

 

 

Parallel Sessions D

Saturday, 4 December, 9:00-10:45

 

 

Session D.1 – Capital Theory 2

Aula 21, chair: D. Tosato (Sapienza University of Rome)

·          Paolo Trabucchi (Roma Tre University)

Some notes on the call for a 'dynamics' in pure theory in the 1930s [Discussant: B. Ingrao (Sapienza University of Rome)]

·          Bertram Schefold (Goethe University of Frankfurt)

Approximate surrogate production functions [Discussant: D. Tosato (Sapienza University of Rome)]

 

 

Session D.2 – Effective demand and growth 2

Aula 22, chair: G. White (University of Sydney)

·          Heinrich Bortis (University of Fribourg)

Piero Sraffa and Shackle's Years of High Theory: Sraffa's significance in the history of economic theories [Discussant: E.S. Levrero (Roma Tre University)]

·          Edward J. Nell (New School, New York)

Transformational growth: from a Marshallian (almost Neo-Classical) system to Keynesian growth [Discussant: G. White (University of Sydney)]

·          Matthew Smith (University of Sydney)

Demand-led growth theory: an historical approach [Discussant: A. Trezzini (Roma Tre University)]

 

 

Session D.3 – Development in different historical contexts

Aula 11, chair: F. Serrano (Federal University of Rio de Janeiro)

·          Amiya Bagchi (Inst. of Development Studies Kolkata)

Modes of extraction and use of surplus in Indian development [Discussant: C. Medeiros (Federal University of Rio de Janeiro)]

·          Eduardo Crespo (Federal University of Rio de Janeiro) and Mirelli Malaguti (Nucleo de Estudos Internacionais)

The economic development of Soviet Russia: between potatoes and warheads [Discussant: I. Eliseeva (S. Petersburg State University)]

·          Fabio Freitas (Federal University of Rio de Janeiro) and Esther Dweck (Federal University of Rio de Janeiro)

Patterns of economic growth in the Brazilian economy 1970-2007: demand led growth under balance payments constraints [Discussant: A. Simonazzi (Sapienza University of Rome)]

 

 

Session D.4 – Themes in the history of thought 2

Aula 12, chair: G. Montani (University of Pavia)

·          Christian Gehrke (Karl Franzens University of Graz)

'Rent, as share of produce...; not governed by proportions' [Discussant: G. Montani (University of Pavia)]

·          Gennady Bogomazov (S. Petersburg State University) and Denis Melnik (S. Petersburg State University)

Ricardo's Writings in Russia: Influence and Interpretations [Discussant: R. Soliani (University of Genova)]

·          Riccardo Soliani (University of Genova)

L'abbe' Baudeau: what's new about the distribution theory of Physiocracy? [Discussant: G. Gilibert (University of Trieste)]

 

 

 

Parallel Sessions E

Saturday, 4 December, 15:00-16:45

 

 

Session E.1 – On competition and prices

Aula 21, chair: E.S. Levrero

·          Ajit Sinha (Indira Gandhi Institute of Development Research

A reinterpretation of Sraffa's Production of Commodities by Means of Commodities [Discussant: S.M. Fratini (Roma Tre University)]

·          Graham White (University of Sydney)

Degrees of competition, the rate of return and growth in a classical/Sraffian perspective [Discussant: E.S. Levrero (Roma Tre University)]

 

 

Session E.2 – Effective demand and growth 3

Aula 11, chair: A. Trezzini

·          Maria Bronzi (Roma Tre University)

Trend-determined cycle versus cycle-determined trend: an analysis [Discussant: M. Smith (University of Sydney)]

·          Andreas von Ah (University of Fribourg)

Sraffa and the long-period theory of employment. Two ways to effective demand: Keynes's monetary way and Sraffa's real way [Discussant: M. Smith (University of Sydney)]

·          Antonella Palumbo (Roma Tre University)

Potential output, actual output and demand-led growth [Discussant: V. Maffeo (Sapienza University of Rome)]

 

 

Session E.3 – Labour and Welfare

Aula 22, chair: S. Cesaratto (University of Siena)

·          Sergio Nisticò (University of Cassino)

Financing unfunded public pension systems: some notes in the light of the classical-type theory of income distribution [Discussant: S.Cesaratto (University of Siena)]

·          Annamaria Simonazzi (Sapienza University of Rome)

Employment, well-being and care [Discussant: M. Causi (Roma Tre University)]

·          Federica Roà (ISMO, Milan)

On labour organization in capitalist and socialist economies [Discussant: D. Melnik (S. Petersburg State University)]

 

 

Session E.4 – On Sraffa's manuscripts 3

Aula 12, chair: E. Bellino (Università Cattolica del Sacro Cuore, Milan)

·          Richard Arena (University of Nice-Sophia Antipolis)

On Sraffa’s “Lectures on Industry” [Discussant: C. Gehrke (Karl Franzens University of Graz)]

·         Two newspaper comments on Sraffa’s works, by Alberto Quadrio Curzio (Università Cattolica del Sacro Cuore, Milan), read by Enrico Bellino (Università Cattolica del Sacro Cuore, Milan)