IDEAS home Printed from https://ideas.repec.org/p/uwa/wpaper/03-11.html
   My bibliography  Save this paper

An Italian Foundation for New Fiscal Sociology: A Reflection on the Pareto-Griziotti and Pareto-Sensini Letters on Ricardian Equivalence and Fiscal Theory

Author

Listed:
  • Michael McLure

    (UWA Business School, The University of Western Australia)

Abstract

This paper reflects on the influence of Vilfredo Pareto’s letters to two of his ex-students, Benvenuto Griziotti and Guido Sensini, on Ricardian equivalence and fiscal theory. The letters are of historical interest because of their emphasis on the need for fiscal studies to consider “social equilibrium” and because they were written when Italian fiscal sociology was in its formative stages. It is suggested that the two sets of letters had quite different consequences; with Griziotti rejecting Pareto’s contention that social equilibrium should play a central role in fiscal studies and Sensini attempting to develop an approach to public finance where the relationship between fiscal phenomena and social equilibrium is presented as the central issue in the theory of public finance. Griziotti’s approach, which accommodates a fiscal sociology that focuses on specific political and legislation issues rather that general social equilibrium, proved more influential than Sensini’s approach, but the Pareto-Sensini line of investigation is of greater current relevance.

Suggested Citation

  • Michael McLure, 2003. "An Italian Foundation for New Fiscal Sociology: A Reflection on the Pareto-Griziotti and Pareto-Sensini Letters on Ricardian Equivalence and Fiscal Theory," Economics Discussion / Working Papers 03-11, The University of Western Australia, Department of Economics.
    • Handle: RePEc:uwa:wpaper:03-11
    as

    Download full text from publisher

    File URL: https://ecompapers.biz.uwa.edu.au/paper/PDF%20of%20Discussion%20Papers/2003/03_11_McLure.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Musgrave, R A, 1992. "Schumpeter's Crisis of the Tax State: An Essay in Fiscal Sociology," Journal of Evolutionary Economics, Springer, vol. 2(2), pages 89-113, August.
    2. Michael McLure, 2003. "Fiscal Sociology," Economics Discussion / Working Papers 03-16, The University of Western Australia, Department of Economics.
    3. Richard E. Wagner, 2002. "Custom, Legislation and Market Order," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(2), pages 563-569, April.
    4. Wagner, Richard E., 2006. "States and the crafting of souls: Mind, society, and fiscal sociology," Journal of Economic Behavior & Organization, Elsevier, vol. 59(4), pages 516-524, April.
    5. Jurgen Backhaus, 2002. "Fiscal Sociology: What For?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(1), pages 55-77, January.
    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. Michael McLure, 2003. "Fiscal Sociology," Economics Discussion / Working Papers 03-16, The University of Western Australia, Department of Economics.
    2. Ebner, Alexander, 2006. "Institutions, entrepreneurship, and the rationale of government: An outline of the Schumpeterian theory of the state," Journal of Economic Behavior & Organization, Elsevier, vol. 59(4), pages 497-515, April.
    3. James, Simon, 2010. "Combining the contributions of behavioral economics and other social sciences in understanding taxation and tax reform," MPRA Paper 26289, University Library of Munich, Germany.
    4. William Guanglin Liu, 2015. "The making of a fiscal state in Song China, 960–1279," Economic History Review, Economic History Society, vol. 68(1), pages 48-78, February.
    5. Vladimir Boguslavskiy, 2007. "A comparison of the Russian 13% flat rate PIT evasion stratified contributions and the US tax schedule," European Journal of Law and Economics, Springer, vol. 24(1), pages 71-88, August.
    6. Schöbel Enrico, 2018. "Finanzsoziologie und Steuerpsychologie: Wiederentdeckungen einer sozio-ökonomischen Finanzwissenschaft: Anmerkungen zu den Büchern von Rudolf Goldscheid, Max Haller (Hg.), Stephan Mühlbacher und Maxim," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 442-452, July.
    7. Niklas Elert & Dan Johansson & Mikael Stenkula & Niklas Wykman, 2023. "The evolution of owner-entrepreneurs’ taxation: five tax regimes over a 160-year period," Journal of Evolutionary Economics, Springer, vol. 33(2), pages 517-540, April.
    8. Mikl-Horke, Gertraude, 2005. "An old idea of "human economy" and the new global finance capitalism," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 7(1), pages 36-43.
    9. Mihir A. Desai & Dhammika Dharmapala & Winnie Fung, 2005. "Taxation and the Evolution of Aggregate Corporate Ownership Concentration," NBER Working Papers 11469, National Bureau of Economic Research, Inc.
    10. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    11. Ion Sterpan & Richard E. Wagner, 2017. "The Autonomy of the Political within Political Economy," Advances in Austrian Economics, in: The Austrian and Bloomington Schools of Political Economy, volume 22, pages 133-157, Emerald Group Publishing Limited.
    12. Agnès Festré & Odile Lakomski-Laguerre & Stéphane Longuet, 2017. "Schumpeter and Schumpeterians on economic policy issues: re-reading Schumpeter through the lens of institutional and behavioral economics. An introduction to the special issue," Journal of Evolutionary Economics, Springer, vol. 27(1), pages 3-24, January.
    13. Heinz D. Kurz, 2017. "Is there a “Ricardian Vice”? And what is its relationship with economic policy ad“vice”?," Journal of Evolutionary Economics, Springer, vol. 27(1), pages 91-114, January.
    14. Michael McLure, 2004. "Pure Duals, Derived Duals and Paretian Fiscal Sociology," Economics Discussion / Working Papers 04-25, The University of Western Australia, Department of Economics.
    15. Ceyhun GÜRKAN, 2020. "Fiscal Sociology and Veblen’s Critique of Capitalism: Insights for Social Economics and the 2008 Crisis," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(43).
    16. Petrik Runst, 2013. "Post-Socialist Culture and Entrepreneurship," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(3), pages 593-626, July.
    17. Fahad Hassan Khan, 2014. "From revenues to democracy?," Departmental Working Papers 2014-25, The Australian National University, Arndt-Corden Department of Economics.
    18. José Alves, 2021. "The Sinful Side of Taxation: Is it Possible to Satisfy the Government Hunger for Revenues While Promoting Economic Growth?," Hacienda Pública Española / Review of Public Economics, IEF, vol. 237(2), pages 85-109, June.
    19. Michael McLure, 2004. "The Fiscal Sociology of Gino Borgatta," Economics Discussion / Working Papers 04-10, The University of Western Australia, Department of Economics.
    20. Richard Wagner, 2006. "Retrogressive regime drift within a theory of emergent order," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 19(2), pages 113-123, June.

    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:uwa:wpaper:03-11. 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: Sam Tang (email available below). General contact details of provider: https://edirc.repec.org/data/deuwaau.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.