Criticism of the fundamental classical postulates is the main focus of attention of the institutional theory. In their works, a number of representatives of the institutionalism have expresses their strong disagreement with the hedonistic principles of profit and loss as being the primary...

The institutional theory is, to a great extent, filled with criticism of the main classical postulates. Many institutionalists question in their works the hedonistic principle of profit and loss as a main motivating factor for human behavior. The main classical concepts result from relatively...

Recent historiography on the interest of Italian economists in American economic thought is becoming rich and valuable. Thanks to these sources, we know that this interest arose because several Italian economists were attracted by the realism featured in North American economic investigation, by...

In the development of the general equilibrium theories, Hicks and Allais played an essential role. We are studying here the contributions which were theirs respectively in Value and Capital (1939) and in the Traité d?économie pure (1943). The accent is put on three points: the theory of...