<i> Dalla credibilità alla speculazione: la crisi del 1992-93 del Sistema monetario europeo </i> (di Pompeo Della Posta) - ABSTRACT: We consider the events that from the creation of the European Monetary System (EMS) lead to the 1992-93 crisis. The adoption of the Single European Act imposed the...

Cosciani’s aim is the study of the economic reasons, forms and repercussions onto the market of state intervention. Starting from the insufficiency of economic freedom in maximizing social welfare, budgetary policy is considered to substitute public choices for market decisions: coercion...