Extirpating Error Contamination Concerning the Post-Keynesian Anti-Pasinetti Equilibrium; On the Neo-Keynesian Interpretation of the Anti-Pasinetti Theory; The Pasinetti and Anti-Pasinetti Theorems; A Reply

An error is identified in Baranzini's (1975) "reconciliation" between the Pasinetti and the anti-Pasinetti theorems. Then, a rewrite of the Baranzini equations is presented, purged of errors and with nonoptimal nuances reformulated. In a comment, Miyazaki notes that the incorrect discussion of Baranzini is still regarded to be accurate, and it has led to serious confusion about what can be said in the anti-Pasinetti case. He makes an attempt to point out and amend the incorrect discussion. In a reply, Baranzini stresses the validity of the formulation of his 2 theorems as roots of a single quadratic equation and reconsiders the main issue by focusing on the rates of growth of the 2 capital stocks.