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The social encyclical Rerum Novarum closely links the question of poverty with that of property, and invokes Thomas Aquinas. But on closer examination, the reasoning developed in favour of property departs from the scholastic thinker, since it maintains more affinities with the liberal tradition...
Persistent link: https://www.econbiz.de/10008831607
In 1958 Hirschman's The Strategy of Economic Development irrupted in the development economics scene. His work provided the explanations of the economic development with a new point of view, assessing productive activities by their capacity to inducing new activity. This book also induced in its...
Persistent link: https://www.econbiz.de/10005078920
The Italian economist Enrico Barone (1859- 1924) is best known for his contributions to marginal productivity theory and the socialist planning debate. This paper analyzes Barone’s contributions to the theory of perfect competition which are largely ignored in the secondary literature. It...
Persistent link: https://www.econbiz.de/10010671693