Italian Economists Of The 20th Century
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Author | : Ferdinando Meacci |
Publisher | : Edward Elgar Publishing |
Total Pages | : 324 |
Release | : 1998-01-01 |
Genre | : Business & Economics |
ISBN | : 9781782541202 |
Italian Economists of the 20th Century provides a unique up-to-date assessment and appreciation of the work of 12 pioneering economists. The essays - written by a group of leading international scholars - are a fitting tribute to the important contribution that Italian economists have made to 20th century economics.
Author | : Riccardo Faucci |
Publisher | : Routledge |
Total Pages | : 279 |
Release | : 2014-04-03 |
Genre | : Business & Economics |
ISBN | : 1317704177 |
This book provides the non-Italian scholar with an extensive picture of the development of Italian economics, from the Sixteenth century to the present. The thread of the narrative is the dialectics between economic theory and political action, where the former attempts to enlighten the latter, but at the same time receives from politics the main stimulus to enlarge its field of reflection. This is particularly clear during the Enlightenment. Inside, this book insists on stressing that Galiani, Verri, and Beccaria were economists quite sensitive to practical issues, but who also were willing to attain generally valid conclusions. In this sense, "pure economics" was never performed in Italy. Even Pareto used economics (and sociology) in order to interpret and possibly steer the course of political action. Within this book it illustrates the Restoration period (1815-48). There was a slowdown of the economists' engagement, due to an adverse political situation, that prompted the economists to prefer less dangerous subjects, such as the relationship between economics, morals, and law (the main interpreter of this attitude was Romagnosi). After 1848, however, in parallel with the Risorgimento cultural climate, a new vision of the economists' task was eventually manifested. Between economics and political Liberalism a sort of alliance was established, whose prophet was F. Ferrara. While the Historical school of economics of German origin played a minor role, Pure Economics (1890-1940 approx.) had a considerable success, as regards both economic equilibrium and the theory of public finance. Consequently, the introduction of Keynes's ideas was rather troubled. Instead, Hayek had an immediate success. This book concludes with a chapter devoted to the intense relationships between economic theories, economic programmes and political action after 1945. Here, the Sraffa debate played an important role in stimulating Italian economists to a reflection on the patterns of Italian economy and the possibilities of transforming Italy's economic and social structure.
Author | : Franco Modigliani |
Publisher | : W. W. Norton |
Total Pages | : 320 |
Release | : 2001 |
Genre | : Biography & Autobiography |
ISBN | : |
An autobiography that reads like a novel, this Italian refugee's story is far more than a journey through economic thinking--it is a study of the great historical, political and economic events of the past 60 years.
Author | : Ajit Sinha |
Publisher | : Springer |
Total Pages | : 255 |
Release | : 2016-08-18 |
Genre | : Business & Economics |
ISBN | : 3319306162 |
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Author | : Mauro Baranzini |
Publisher | : Springer |
Total Pages | : 297 |
Release | : 2016-09-21 |
Genre | : Business & Economics |
ISBN | : 3319322192 |
This study examines five decades of Italian economists who studied or researched at the Universities of Oxford and Cambridge between the years 1950 and 2000. Providing a detailed list of Italian economists associated with Hicks, Harrod, Bacharach, Flemming, Mirrlees, Sen and other distinguished dons, the authors examine eleven research lines, including the Sraffa and the neo-Ricardian school, the post-Keynesian school and the Stone’s and Goodwin’s schools. Baranzini and Mirante trace the influence of the schools in terms of 1) their fundamental role in the evolution of economic thought; 2) their promotion of four key controversies (on the measurement of technical progress, on capital theory, on income distribution and on the inter-generational transmission of wealth); 3) the counter-flow of Oxbridge scholars to academia in Italy, and 4) the invigoration of a third generation of Italian economists researching or teaching at Oxbridge today. A must-read for all those interested in the way Italian and British research has shaped the study and teaching of economics.
Author | : Thomas Piketty |
Publisher | : Harvard University Press |
Total Pages | : 817 |
Release | : 2017-08-14 |
Genre | : Business & Economics |
ISBN | : 0674979850 |
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Author | : Claudia Goldin |
Publisher | : Harvard University Press |
Total Pages | : 497 |
Release | : 2009-07-01 |
Genre | : Business & Economics |
ISBN | : 0674037731 |
This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.
Author | : Carmen M. Reinhart |
Publisher | : Princeton University Press |
Total Pages | : 513 |
Release | : 2011-08-07 |
Genre | : Business & Economics |
ISBN | : 0691152640 |
An empirical investigation of financial crises during the last 800 years.
Author | : Branko Milanovic |
Publisher | : Harvard University Press |
Total Pages | : 305 |
Release | : 2021-09-07 |
Genre | : Business & Economics |
ISBN | : 0674260309 |
For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.
Author | : Tony Aspromourgos |
Publisher | : Routledge |
Total Pages | : 334 |
Release | : 2004-08-02 |
Genre | : Business & Economics |
ISBN | : 1134337019 |
Impressive and authoritative, this essential book brings together a collection of essays in honour of Peter Groenewegen, one of the most distinguished historians of economic thought of a generation. His work on a wide range of economic theorists such as Adam Smith, François Quesnay and Alfred Marshall approaches a level of near insuperability.