This essay focuses on the nexus between economic theory and social legislation, as dealt with by Luigi Einaudi in his Lezioni di politica sociale (1942). For this purpose, the conceptual and analytical model used in Einaudi's book is identified, which is based on three main premises 1) the...

The paper provides a qualitative assessment of the role mainstream economic theory had in orienting Italy's banking legislation from its political unification (1861) to the introduction of the 1936 Banking Act. Five regulatory regimes are considered. Whilst market discipline and self-regulation...