Maurice Potron (1872-1942) is a French Jesuit and a talented mathematician. A recent rediscovery of his economic model, which was left unnoticed in his times, lets Potron appear as a pioneer, both for the framework he conceived and the mathematical methods he used. Moreover, there are hints that...

Mazzocchi pursued along his career three main goals: teaching, researching, and forming of a large team of economists. The four decades of his teaching, always at the Catholic University of Milan, have involved several issues from the Welfare Economics, to the Educational Policy and Metropolitan...

The article discusses Keynes's proposal contained in "The Question of High Wages" (1930) and Pagni's criticism against it. In the article there emerges the author's aversion to Pagni's thesis: wage rises reduce firms' self-financing margins, and, more in general, the savings of entrepreneurs...

The article discusses Schumpeter’s theses about the entrepreneur’s role and his market power. Schumpeter’s theory of profit and business enterprise is positively surveyed. Limits are set to the possibility of bank credit creation and of forced saving to provide entrepreneurs with an...

This introduction aims to offer a preliminary reading to the collection of essays presented in the volume. It describes how the Great Depression of the 1930s was interpreted by the group of young Italian economists connected with the Catholic University of Milan and its periodical the Rivista...

The definition of capitalism is the focus of a wide-ranging debate raised by W. Sombart. The author indicates his own definition according to which capitalism is a system characterized by ‘‘free choice of activity for economic subjects; private property of the means of production...

The article is based on Johan Akerman’s monograph Some Lessons of the World Depression (Stockholm 1931), and maintains that in order to understand the crisis, it is essential to use the framework of the Austrian school as refined by K. Wicksell. The crisis derives from the lack of an...

This article introduces the collection of the translated versions of a number of essays published in Rivista Internazionale di Scienze Sociali (RISS) during the 1940s and 1950s, under the directorship of Francesco Vito. More generally, this essay deals with the diverse topics discussed in RISS...

The author offers an overview and an overall interpretation of the various policy measures and programs composing in the New Deal launched by the newly appointed American President Franklin D. Roosevelt. A theoretical basis and clear objectives underlie the New Deal economic policies in their...

The article discusses Keynes's proposal contained in "The Question of High Wages" (1930) and Pagni's criticism against it. In the article there emerges the author's aversion to Pagni's thesis: wage rises reduce firms' self-financing margins, and, more in general, the savings of entrepreneurs...