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PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 
SCHNEIDER 
I can be very brief because much of what I wanted to say has 
been anticipated by Prof. DorFMAN or by Prof. Koopmans. I am 
convinced that Prof. PASINETTI is on the road to important and 
Interesting results; on the other hand I agree with Prof. DorRFMAN 
‘hat his attack on earlier theories and his survey of historical nature 
is not only unnecessary in this connection but also partially unjust. 
But I do not want to go into that because I would need an hour 
to explain my argument. 
You want to construct your model independent from the allo- 
cation problem, But growth and allocation belong together; they 
are inter-dependent things and I have an uneasv feeling that you 
overlook this interdependence 
PASINETTI 
Professor SCHNEIDER is right, of course, in saying that optimum 
allocation of resources and economic growth may not be independent 
of each other. I do not think, however, that they are necessarily 
dependent on each other. For example, I can well conceive of an 
economic system where allocation of resources is optimum, and yet 
there is absolutely no economic growth whatever. At the same time, 
I can well imagine an economic system where economic growth is 
very fast and yet there is misallocation of existing resources. For 
myself, T have chosen to investigate economic growth first of all. 
AILAIS 
I have not had the time to study the paper sufficiently carefully 
and I have only one question to ask, though there is some discus- 
sion of the point on page 47. When considering a system which 
is growing with a growing population. it is necessary to take into 
10] Pasinetti - pag. 124