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This book outlines the rich and complex path of Luigi Amoroso, the main exponent of the Paretian School in Italy and probably the most important Italian mathematical economist during the interwar period. The author presents, in a systematic form, the evolution of Amoros's thinking and his main achievements. Despite his relevance, many aspects of Amoroso's thought are little known or misunderstood. This volume delves further to explore the Paretian tradition in which Amoroso enlisted, the conservative anti-democratic ideology that prompted his adhesion to fascism, his contribution to defining the main features of economic theory as formal science, and his various contributions to specific fields such as microeconomic theory, equilibrium dynamics, business cycles and non-competitive markets. It will be relevant to students and researchers interested in the history of economic thought.
The Oxford Handbook of the Italian Economy Since Unification provides, for the first time, a comprehensive, quantitative "new economic history" of Italy.
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.
This 2006 book is a controversial reappraisal of the Italian occupation of the Mediterranean during the Second World War, which Davide Rodogno examines within the framework of fascist imperial ambitions. He focuses on the European territories annexed and occupied by Italy between 1940 and 1943: metropolitan France, Corsica, Slovenia, Croatia, Dalmatia, Montenegro, Albania, Kosovo, Western Macedonia, and mainland and insular Greece. He explores Italy's plans for Mediterranean expansion, its relationship with Germany, economic exploitation, the forced 'Italianisation' of the annexed territories, collaboration, repression, and Italian policies towards refugees and Jews. He also compares Fascist Italy and Nazi Germany through their dreams of imperial conquest, the role of racism and anti-Semitism, and the 'fascistization' of the Italian Army. Based on previously unpublished sources, this is a groundbreaking contribution to genocide, resistance, war crimes and occupation studies as well as to the history of the Second World War more generally.
Italian accounting has a long and honourable tradition of theoretical and applied analysis of the accounting and reporting function, perceived and defined much more broadly than in the Anglo-Saxon tradition. The high point of this perhaps, is the creation of what is known as Economia Aziendale (EA). The antecedents, genesis and later developments are presented here in detail by highly knowledgeable specialists in the field. EA takes as a prerequisite the necessity of the business (entity/azienda) to ensure its own long-run survival. This requires that the necessary resources are retained and preserved, so operating capital maintenance, by definition future-oriented, is essential. It requires a focus on the particular business organization, entity-specific and consistent with today's notion of the business model. Entity-specific information relevant to current and future cash flows is a necessary pre-requisite for ensuring long-run survival, which historical cost accounting, or fair value (being market-specific not entity-specific) satisfactorily achieve. Flexibility of valuation and of reporting, always relevant to the specific asset at the specific time in the specific place, is a necessary condition for effective management. This is exactly the focus of EA and its analysis and tradition. Scholars and advanced students of international regulation and accounting, as well as accounting history, will find this an invaluable guide to a vibrant, scholarly tradition of great practical relevance today.
First published in 1966. Routledge is an imprint of Taylor & Francis, an informa company.
First published in 1966. Routledge is an imprint of Taylor & Francis, an informa company.
The 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. In the 1930s, the concept of dynamic equilibrium became the main research field of the Pareto school which gave its most important contributions in this field. The Paretian economists as Amoroso, de Pietri Tonelli, Sensini, and the younger, such as Bordin, Palomba, La Volpe, Fossati and Zaccagnini, for the most part students of the former, developed this approach in many directions. The theory of dynamic equilibrium reached remarkable results from an analytical viewpoint through the wide application of the functional calculus, thus anticipating a perspective which was taken into consideration in the 1960s with the theory of optimal growth. Despite the Pareto school’s relevance, it remained widely unknown, not only at international level, but also in Italy. Recently, it has been object of renewed interest. This present work aims at reconstructing the fundamental contributions offered by the Pareto school in forming the economic dynamics theory.