IDEAS home Printed from https://ideas.repec.org/a/rar/journl/0124.html
   My bibliography  Save this article

After Keynes, after Sraffa: "Heterodox" Approaches and the Italian Economy

Author

Listed:
  • Pierluigi Ciocca

Abstract

Italian 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.

Suggested Citation

  • Pierluigi Ciocca, 2009. "After Keynes, after Sraffa: "Heterodox" Approaches and the Italian Economy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    • Handle: RePEc:rar:journl:0124
    as

    Download full text from publisher

    File URL: http://www.francoangeli.it/riviste/Scheda_Riviste.asp?IDArticolo=37988&Tipo=Articolo%20PDF
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pierluigi Ciocca, 2005. "The Italian Financial System Remodelled," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-00592-1, December.
    2. O. Lange, 1935. "Marxian Economics and Modern Economic Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 2(3), pages 189-201.
    3. Pierluigi Ciocca, 1982. "Disproportionalities, Allocative Mechanisms, and Stagflation," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 4(2), pages 231-239, January.
    4. Pasinetti,Luigi L., 2007. "Keynes and the Cambridge Keynesians," Cambridge Books, Cambridge University Press, number 9780521872270, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Massimo Cingolani, 2015. "Sylos Labini su Marx: implicazioni per la politica economica (Sylos Labini on Marx: economic policy implications)," Moneta e Credito, Economia civile, vol. 68(269), pages 81-147.
    2. Garbellini, Nadia, 2020. "Measurement without theory, and theory without measurement: What's wrong with Piketty's capital in the XXI century?," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 50-62.
    3. Heinz D. Kurz & Neri Salvadori, 2011. "In Favor of Rigor and Relevance: A Reply to Mark Blaug," History of Political Economy, Duke University Press, vol. 43(3), pages 607-616, Fall.
    4. Pasinetti, Luigi L., 2022. "Structural dynamics versus a macroeconomic approach – A final statement?," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 559-561.
    5. Ha-Joon Chang & Antonio Andreoni, 2021. "Bringing Production Back into Development: An introduction," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(2), pages 165-178, April.
    6. Kazuhiro Kurose, 2022. "A two-class economy from the multi-sectoral perspective: the controversy between Pasinetti and Meade–Hahn–Samuelson–Modigliani revisited," Evolutionary and Institutional Economics Review, Springer, vol. 19(1), pages 239-270, April.
    7. Pier Luigi Porta, 2013. "What remains of Sraffa's economics," Working Papers 242, University of Milano-Bicocca, Department of Economics, revised May 2013.
    8. Adrian Pabst & Roberto Scazzieri, 2012. "The political economy of civil society," Constitutional Political Economy, Springer, vol. 23(4), pages 337-356, December.
    9. K. Vela Velupillai, 2011. "Postkeynesian Precepts for Nonlinear, Endogenous, Nonstochastic, Business Cycle Theories," ASSRU Discussion Papers 1107, ASSRU - Algorithmic Social Science Research Unit.
    10. Pier Luigi Porta, 2011. "Lombard Enlightenment and Classical Political Economy," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 18(4), pages 521-550, October.
    11. Geoffrey Harcourt & Peter Kriesler, 2012. "Introduction [to Handbook of Post-Keynesian Economics: Oxford University Press: USA]," Discussion Papers 2012-33, School of Economics, The University of New South Wales.
    12. Emeric Lendjel, 2001. "Le tâtonnement "marshallien" dans les premiers écrits d'Oskar Lange," Post-Print halshs-00515386, HAL.
    13. Soro, Bruno, 2012. "Harrod, Kaldor, and the Idea of the "Foreign Trade Multiplier” - Harrod, Kaldor e l’idea dell’esistenza di un “moltiplicatore del commercio estero”," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 65(1), pages 173-187.
    14. Andrea Lagna, 2016. "Derivatives and the financialisation of the Italian state," New Political Economy, Taylor & Francis Journals, vol. 21(2), pages 167-186, March.
    15. Massimo Cingolani, 2013. "Finance Capitalism: A Look at the European Financial Accounts," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(3), pages 249-290, May.
    16. K. Vela Velupillai, 2012. "Iteration, Tâtonnement, Computation and Economic Dynamics," ASSRU Discussion Papers 1213, ASSRU - Algorithmic Social Science Research Unit.
    17. Schefold, Bertram, 2021. "Sraffa’s ‘Reduction’ of the prices of basics," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 575-581.
    18. Ernest Aigner & Florentin Gloetzl & Matthias Aistleitner & Jakob Kapeller, 2018. "The focus of academic economics: before and after the crisis," ICAE Working Papers 75, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    19. Davide Gualerzi, 2012. "Towards a Theory of the Consumption--Growth Relationship," Review of Political Economy, Taylor & Francis Journals, vol. 24(1), pages 33-50, January.
    20. Elisabetta Montanaro & Mario Tonveronachi, 2017. "Vulnerabilita' del sistema bancario italiano. Diagnosi e rimedi (Dealing with the vulnerability of the Italian banking system)," Moneta e Credito, Economia civile, vol. 70(280), pages 299-368.

    More about this item

    Keywords

    History of economic thought; Economic growth; Income distribution; Economic systems;
    All these keywords.

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • O13 - Economic Development, Innovation, 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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rar:journl:0124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge The email address of this maintainer does not seem to be valid anymore. Please ask the person in charge to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/rossiea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.