1,721,051 research outputs found

    The Palgrave Handbook of Political Economy (edited by Ivano Cardinale and Roberto Scazzieri)

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    The aim of this Handbook is to outline the field of political economy as the domain of the interdependencies between the objectives of individuals and groups within the polity and the internally structured constraints, posed by the material sphere, to the attainment of those objectives. This Handbook transcends the received dichotomy between political economy as an application of rational choice theory or as the study of the causes of material welfare, outlining a broader field of study that encompasses those traditions. The Handbook is divided into three parts. The first part (‘Foundations’) addresses the areas of social life underlying the provision of material needs through social coordination. The second part (‘Research Themes’) reassesses the fields of interaction between the economy and the polity on which political economy is built. The third part (‘Ways Ahead’) outlines a theory of political economy that brings together means-ends action and the material interdependencies underlying the provision of needs. The Handbook aims to provide new categories of analysis, which are grounded in the traditions of political economy and highlight its standing as a central component of social science

    Liquidity Architectures and Production Arrangements

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    This chapter argues that provision of liquidity detached from the liquidity requirements arising at the sectoral and inter-sectoral levels may be responsible for tensions at the macro-level. This contribution outlines a theory of liquidity as coordinating mechanism in a system of interdependent activities arranged along the time dimension and investigates the alternative liquidity requirements that one may identify by decomposing the aggregate economy into a set of vertically integrated sectors or, alternatively, into a set of horizontally integrated industries. Liquidity crises and structural dynamics are shown to be conditions generating strains and stresses in the debt-credit configurations of a credit production economy, which may require ad hoc policy responses. The contribution concludes by discussing alternative liquidity policy scenarios that are associated with different approaches to the decomposition and aggregation of economic activities in the Eurozone

    Brief von Roberto Scazzieri an Josef Steindl

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    BRIEF VON ROBERTO SCAZZIERI AN JOSEF STEINDL Brief von Roberto Scazzieri an Josef Steindl ([1]

    International Workshop "Plurality in Causality"

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    Workshop tenutosi a Bologna il 12 maggio 2006, con la partecipazione di Maria Carla Galavotti (Univ. Bologna), James Lennox (Univ. of Pittsburgh), Francesco D'Alessandro (Univ. Cattolica di Milano), Giovanni federspil (Univ. Padova), Nancy Cartwright (LSE), Damien Fennell (LSE), Prue Kerr (Univ. of Perth) e Roberto Scazzieri (Univ. Bologna)

    Structural Change and Economic Dynamics

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    Structural Change and Economic Dynamics publishes articles about theoretical and applied, historical and methodological aspects of structural change in economic systems. The journal publishes work analyzing dynamics and structural change in economic, technological, institutional and behavioral patterns. Articles might examine the effects of the incorporation of new technologies and infrastructures, aspects of international economic integration and development, the changing configuration of employment and income distribution, interdependence between environmental and economic change, instability and crisis. An important aim is to facilitate communication among researchers who are actively engaged in the study of the various aspects of structural change and the dynamics of economic systems from an analytical or policy point of view. SCED encourages articles that apply econometric and statistical techniques to the above themes. The journal also publishes pure theoretical research on the structural dynamics of economic systems, particularly in the fields of multisectoral, complex and dynamical analysis

    Structures and Transformations: An Interdisciplinary Matrix for Political Economy

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    The research project carried at the Centro Linceo Interdisciplinare 'Beniamino Segre' of the Italian National Lincei Academy Structural explores the implications of the following core set of principles: (i) attention for the relative positions of socio-economic groups, productive sectors, and institutions; (ii) relative invariance of certain patterns of interdependence vis à vis others; (iii) economic dynamics as structural transformation, that is, as change in the relative positions of socio-economic groups, productive sectors, and institutions subject to the condition of relative invariance. A further characterizing feature of this project is the consideration of a plurality of levels of aggregation for the economic, political and social systems under consideration. The analytically relevant components of each system may be not only the system’s elementary units (such as individual actors or productive tasks), or the system itself as a unit (the macro-system) but also the manifold intermediate levels at which effective causal relations can be found. The above principles characterize the structural analysis of economic, political and social systems vis à vis the analyses privileging either individual actors or the macro-system. Structural analysis has thus an intermediate position between macro- and micro-analysis. This makes it a privileged tool for investigating the internal configuration of economic, political and social systems, the opportunities and constraints specific to any given configuration, the transformations that are possible and those that are not possible under any such configuration. Structural analysis presupposes a complex system viewpoint in which the characterizing features of each system derive from the interdependencies between system components at different levels of aggregation, and from the relative speeds of transformation of system components subject to dynamic impulses. The research project has led to three workshops held at the Centro Linceo Interdisciplinare 'Beniamino Segre', National Lincei Academy, in the years 2014 and 2014, and to a final conference ('Structures and Transformations: An Interdisciplinary Matrix for Political Economy') held at the Centro Linceo Interdisciplinare 'Beniamino Segre', National Lincei Academy, on 26-27 October 2017

    Presentazione di libri: Mauro Baranzini e Amalia Mirante, A Compendium of Italian Economists at Oxbridge. Contributions to the Evolution of Economic Thinking (Cham, Palgrave Macmillan, 2016)

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    La recensione/review article, presentata in origine nel corso di una seduta della Classe di Scienze Morali,Storiche e Filologiche dell'Accademia Nazionale dei Lincei, sottolinea come il volume di Mauro Baranzini e Amalia Mirante rientri nell'ambito di una tipologia rara nel contesto della letteratura economica. Unico precedente significativo è il volume che l’economista ungherese Theo Suranyi-Unger pubblicò nel 1931 sotto il titolo Economics in the twentieth century. the history of its international development. In questo volume Suranyi-Unger, procedendo per “scuole nazionali” e aree tematiche, presentava un quadro sistematico della produzione scientifica in ambito economico nei primi decenni del ‘900 organizzando l’analisi della letteratura economica per aree culturali e linguistiche e nella fattispecie secondo tre principali aree di produzione scientifica: quella anglosassone, quella di lingua tedesca, e quella di area italo-francese (fra l’altro attribuendo significativo rilievo alla produzione scientifica italiana rispetto a quella francese). A differenza del volume di Suranyi Unger, il volume di Mauro Baranzini e Amalia Mirante si rivolge ad un ambito di produzione scientifica più circoscritto nello spazio ma più esteso nel tempo. Si tratta di una “micro-storia” (per usare l’espressione di Carlo Ginzburg) che getta luce su di una trama fittissima di relazioni accademiche profonde, di influenze intellettuali reciproche, e anche su sviluppi significativi di carattere istituzionale. Partendo dalla premessa fattuale che numerosi economisti italiani,a partire dagli anni ’50 del ‘900, trascorrsero lunghi periodi di formazione, ricerca e lavoro accademico nelle Università del Regno Unito, e in particolare nelle Università di Cambridge e Oxford (secondo Baranzini e Mirante circa 300 furono gli economisti di area culturale italiana che trascorsero lunghi periodi di studio in quelle due Università) . A partire da questa premessa, Baranzini e Mirante osservano che ‘il contributo degli economisti italiani alle scuole economiche di Cambridge e Oxford nella seconda metà del ventesimo secolo e oltre è stato: centrale nell’evoluzione del pensiero economico, più penetrante e decisivo di quello degli economisti di area culturale francese e tedesca, e certamente non inferiore a quello degli economisti provenienti da Canada e Australia. L’unica eccezione a questo, in un certo senso, è quella degli economisti provenienti dagli Stati Uniti d’America’ (p. 207). La recensio/review article conclude osservando che Il Compendium of Italian Economists at Oxbridge è un contributo prezioso alla conoscenza di un momento molto particolare ma fondamentale di storia intellettuale. Il volume è anche un contributo essenziale alla conoscenza delle complesse ramificazioni di una tradizione italiana ed europea di ricerca economica che ha preso corpo attraverso una sorta di “collegio invisibile” costruito sulle relazioni scientifiche internazionali

    Postfazione

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    La postfazione sottolinea l'importanza di spostare il centro di attenzione nell’analisi dei fenomeni economici dalla disposizione (habitus) dei soggetti alla configurazione relazionale dei gruppi all’interno dei quali quella disposizione si genera ed eventualmente si modifica. Si tratta di un ambito di ricerca intrinsecamente interdisciplinare. Dal punto di vista dell’analisi economica, la dualità costitutiva fra interdipendenze nello scambio e interdipendenze nella produzione (divisione del lavoro) si trova in questo modo ad essere approfondita dalla considerazione delle caratteristiche relazionali dell’interdipendenza all’interno dei gruppi sociali che corrispondono ai diversi livelli di aggregazione.. Dal punto di vista delle disposizioni individuali e sociali, queste disposizioni vengono collegate ai criteri di ordinamento prevalenti nelle diverse sfere in cui si articola l’‘ordine sociale delle ricchezze’ (Romagnosi, 1827). La postfazione richiama l'attenzione sul fatto che su queste basi può essere costruita un'analisi economica in grado di individuare nuove forme "possibili" di interdipendenza economica e sociale

    Political Economy: Outlining a Field

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    Political economy has regained a central position among the academic subjects dealing with the polity and the economy. This development is not a mere reclaiming of intellectual traditions. It is also the expression of increasing awareness that the linkage between the economy and the polity is fundamental to the understanding of contemporary societies. This paper argues that the mutual relationship between the economy and the polity is rooted in the collective dimension of the provision and utilization of material resources. This collective dimension presupposes the coordination of human actions such as those entailed by the division of labour, which in turn requires multi-layered organizational arrangements and governance structures. The organization of this field depends on the way in which the objectives of different individuals and groups relate to one another, and on the constraints posed by the material sphere on the attainment of those objectives. Because the organization of the material sphere depends on the weights attached to the objectives of different individuals or groups, the provision and utilization of material resources are inherently political. At the same time, achievement of objectives requires complex arrangements concerning the material sphere, which poses internally structured constraints that also depend on the specific objectives being pursued. For example, the division of labour required for pursuing full employment may be different from that required for pursuing maximum growth. The objectives and constraints relevant to the material needs of the polity belong to multiple levels of analysis (micro, meso and macro) and relate to multiple levels of agency (say, individuals, productive sectors and states)

    Resources, scarcities and rents: technological interdependence and the dynamics of socio-economic structures

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    The relationship between scarcities and producibility calls attention to the relationship between resources and socio-economic structures, as alternative configurations of interests in society may lead to different patterns of re source utilization and different dynamic trajectories. In this way, the structural analysis of resources leads to the political economy of resources and structural change. Both the structural and the macroeconomic approaches to scarcities and rents highlight the role of economic and technological history in making visible constraints and opportunities arising from the changing relationship between natural or technological scarcities and the producibility of resources and goods. Different historical contexts also had an important influence in drifting the economists’ attention from scarcity to producibility, or the other way round, and in shaping the economic theory of resources accordingly. The dynamic relationship between scarcity and producibility provides a useful heuristic for assessing the economists’ changing concentration of attention for the allocation of given resources or for the overcoming of re source bottlenecks through the transformation of production structure
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