Pierangelo Garegnani

Pierangelo Garegnani was an Italian economist known for his work on value and distribution within economic theory. He critically engaged with and expanded upon classical and neoclassical economics, emphasizing the importance of not separating production, distribution, and consumption in economic analysis. Garegnani argued that understanding how income is distributed among different groups is essential for grasping overall economic dynamics. His work challenged some mainstream ideas by highlighting the interconnectedness of production and income, contributing to a more comprehensive view of economic behavior and growth.