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Goodwin in Siena: economist, social philosopher and artist

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  • Massimo Di Matteo
  • Serena Sordi

Abstract

This article describes the years of Goodwin’s ‘third life’ at the University of Siena, stressing in particular his main contributions to economic theory, the evolution in his political and philosophical ideas and his love of art. First, after a brief description of his arrival in Siena and of the background he found there, we explore some of his contributions of the period and argue that his achievements in the explanation of irregular growth cycles are remarkable and still open to further analysis and generalisation. Second, we remark that, as testified by an unpublished essay, in these years of dramatic changes such as the fall of the Berlin Wall, his social philosophical beliefs underwent a significant evolution. Finally, we conclude with a tribute to Goodwin, the abstract painter.

Suggested Citation

  • Massimo Di Matteo & Serena Sordi, 2015. "Goodwin in Siena: economist, social philosopher and artist," Cambridge Journal of Economics, Oxford University Press, vol. 39(6), pages 1507-1527.
  • Handle: RePEc:oup:cambje:v:39:y:2015:i:6:p:1507-1527.
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    File URL: http://hdl.handle.net/10.1093/cje/bev046
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    References listed on IDEAS

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    1. Sordi, Serena & Vercelli, Alessandro, 2006. "Discretely proceeding from cycle to chaos on Goodwin's path," Structural Change and Economic Dynamics, Elsevier, vol. 17(4), pages 415-436, December.
    2. Velupillai, K. Vela, 1998. "The vintage economist," Journal of Economic Behavior & Organization, Elsevier, vol. 37(1), pages 1-31, September.
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    Cited by:

    1. Eduardo A. Haddad & Natalia Q. Cotarelli, Thiago C. Simonato, Vinicius A. Vale & Jaqueline C. Visentin, 2018. "The Grand Tour: Keynes and Goodwin go to Greece," Working Papers, Department of Economics 2018_01, University of São Paulo (FEA-USP).

    More about this item

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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