After Keynes, after Sraffa: "Heterodox" Approaches and the Italian Economy
AbstractItalian economic thought, from Francesco Ferrara on, has always been noteworthy for the wide range of its perspectives. This characteristic became even more marked in the second half of the twentieth century, thanks also to the Cambridge- school post-Keynesian strand, while the wider world saw the triumph, or at least the hegemony, of the marginalist approach, the neoclassical synthesis, and neoliberal ideology. The essay reviews the analyses and policy proposals produced by the post- Keynesian and, more generally, heterodox schools of thought in response to the crucial developments in the Italian economy since 1950. They represent an important contribution, significant even when Italy’s policy-makers failed to follow it up with concrete policy measures.
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Bibliographic InfoArticle provided by Associazione Rossi Doria in its journal QA.
Volume (Year): (2009)
Issue (Month): 4 (December)
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History of economic thought; Economic growth; Income distribution; Economic systems;
Find related papers by JEL classification:
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
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- Michael Bruno & Jeffrey D. Sachs, 1985. "Economics of Worldwide Stagflation," NBER Books, National Bureau of Economic Research, Inc, number brun85-1.
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