1,721,150 research outputs found
A note on Metroeconomica: Shackle's contribution
No full textIn the 1950s Shackle contributed a number of important articles to Metroeconomica, a new economic journal founded by Eraldo Fossati in 1949 and published in Trieste (Italy). The journal gave considerable prominence to Shackle's theory of decision under uncertainty through publication of many articles, but, above all, through publication of the proceedings of a symposium held in 1959 and entitled ‘Shackle's theory on decision’. The aim of this note is to clarify why Metroeconomica gave particular importance to Shackle's perspective
L'insegnamento dell'economia politica nella scuola secondaria superiore in Italia
No full textIn this paper we develop an assessment of how secondary school economics is currently provided and how it ha changed over the last decades. The analysis covers some topics: enrollments in economics, content in economic courses, economic textbook, economics and other subject and teacher education
Accumulation of knowledge and increasing returns in the neoclassical models
No full text: In the mid 1980s there was a remarkable revival of interest in growth theory. A relevant strand of new literature is characterized by the departure from the assumption of diminishing returns of capital or, more generally, of the accumulated factor.
In this paper we will see how the neoclassical theorists incorporated the idea of increasing return in the formal models of economic growth, already an important question in the sixties. The central point is that the recent recognition of the importance of this notion is not new but now depends on the vision of economic growth as driven by knowledge accumulation and no longer by capital accumulation as in the Solovian tradition
From steady-state to dynamic equilibrium : the perspective in the interwar period
Full text linkThe period between the two world wars was characterized by theoretical pluralism and the proliferation of research programs in economic dynamics. In this article, we consider the mathematical approach to building dynamic economics developed in the United States in the twenties and in Italy in the following decade by mathematicians and economists with substantial mathematical and statistical backgrounds. Despite important differences, the versions developed in the United States and Italy can be treated jointly because they shared the same view of dynamics as an equilibrium phenomenon.
In the United States, in a context still largely dominated by institutionalism, the dynamic equilibrium approach was carried forward by two mathematicians, G. Evans and C. Roos. In Italy, this strand of analysis became the principal area of inquiry for the Paretian school, which during the 1930s made major contributions through L. Amoroso and G. La Volpe. In attempting to dynamize the general equilibrium, these authors made important contributions mainly in mathematical terms, introducing functional calculus in economics dynamics, a tool that in the postwar period proved essential for research in this field of inquiry
La teoria neoclassica della crescita in una prospettiva storica
No full textIn questo lavoro mi propongo di ricostruire le principali vicende che hanno caratterizzato l’evoluzione della teoria neoclassica della cre-scita nel corso di ormai mezzo secolo, dal contributo iniziale di Solow e fino agli sviluppi più recenti caratterizzati dalla modellistica sulla cre-scita endogena. Lo strumento analitico di cui mi servirò per tentare una ricostruzione razionale è rappresentato dalla metodologia dei program-mi di ricerca di Lakatos. Lo schema del filosofo ungherese costituisce una variante della tradizione popperiana ed è stato usato diffusamente per ricostruire singoli episodi della storia dell’analisi economica
La teoria dell'oligopolio nella tradizione paretiana
Full text linkThe study of oligopolistic markets has been a very active research area in the period between the two
world wars. The Paretians participated actively in the debate, starting from the Pareto’s theory, and
indeed with Luigi Amoroso they played an important role. The Italian economist was considered at
European level as the most authoritative defender of the Cournot model. Also Arrigo Bordin and
Felice Vinci offered important contributions. In the forties Emilio Zaccagnini, a student in Turin of
Bordin, developed a very original version of the Pareto’s theory. The critical reconstruction of the
Paretian approach to the oligopoly theory can contribute to explain the complex history of the
Cournot model that only in the fifties, and in the new context of game theory, become the dominant
approach in the Theory of non-competitive markets.
Keywords: Paretian School; Luigi Amoroso; history of the Cournot model
Abitudini, aspettative e incertezza. L'equilibrio dinamico nella scuola paretiana
No full textThe Paretian School has been one of the most important research's strand in the interwar period in Italy. It included a small, fighting group of economists, among them stand out the names of Luigi Amoroso, Giulio La Volpe and Eraldo Fossati. The more ambitious project carried out by the Paretian School was the dynamization of the theory of general equilibrium. In accordance with the main international research programs, also in Italy the thirties were the years of the economic dynamics. Luigi Amoroso, following his scientific formation and emphasizing the analogies with physical sciences, in particular with rational mechanics, proposed a view of economic dynamics based on habits; La Volpe turned its attention to choices grounded on plans and predictions, that is, on future. The third approach was put forward by Fossati who took a totally different path, following the Austrian tradition based on the role of time and ignorance. The Paretian approach to dynamics was one of the most original products of the Italian tradition during that period, at least in the field of pure theorizing, but, for the reasons that we will attempt to explore, it did not have a significant impact in the working out of economic dynamics in the post-war period
The Paretian Tradition During the Interwar Period
Full text linkThe years in-between the two World Wars were a crucial period for the building of economic dynamics as an autonomous field. Different competing research programs arose at international level. Great progress was achieved by studies on the business cycle, with the first statistical applications. Outside the theory of the business cycle, a significant line of inquiry was that pursued at the end of the 1930s by Hicks and Samuelson. This period also saw the formulation of another approach to formal economic dynamics which in the 1930s represented the frontier of research from the analytical point of view. It was an approach which set the notion of equilibrium at the basis of dynamics, exactly as in the case of statics, thus leading to the definition of a dynamic equilibrium approach. The aim of this volume is to take into consideration this original research field sparked from Pareto’s works and initially developed during the 1920s in the United States by two American mathematicians, G. Evans and C. Ross
L'economia del benessere e il problema della fondazione scientifica della politica economica in Federico Caffè
Full text linkThe Mathematical Theory of Business Cycle in Italy in the Thirties
No full textEconomic cycle theory has constituted one of the most important research fields in the period between the two world wars. It is possible to identify an Italian element in the international debate, composed primarily of contributions from Amoroso (1932, 1935, 1940), Vinci (1934, 1937, 1953), Bordin (1935) and Palomba ( 1939). Building on and innovating on the mathematical models of Evans and Roos in the second half of the 1920s, Paretian economists proposed models in which the economic cycle could be con-sidered as an endogenous equilibrium phenomenon. In the 1930s they sought to develop a non-monetary theory of the economic cycle of that was highly analytical in style, in keeping with their view of general economic equilibrium. This approach also had some international visibility as there were some contributions (Vinci 1934, Amoroso 1935, 1940) that were published in the newly founded Econometrica, the journal of the Econometric Society and some of the best-known Italian economists contributed to its creation. These works have so far not received the attention they probably deserved, as a great deal of Italian economic thinking between the two world wars The purpose of this article is to fill a historic gap by systematically presenting the research which the Pareto school realized in the field of the mathematical theory of the economic cycle, to high-light the vitality of Italian economic research in the international context
- …
