In 1955 the Accademia Nazionale dei Lincei awarded the inagural Internazionale “Antonio Feltrinelli” Premio per le Scienze Economiche e Sociali to Arthur Cecil Pigou. This paper provides some context to the episode and considers the establishment of the prize; the membership of the 1955...

O artigo examina as posições dos economistas clássicos no tocante à concorrência e às propostas socialistas da época. Após breve relato da evolução do ideário socialista na Inglaterra e França, apresentam-se as observações de Smith, Bentham, James Mill e Ricardo sobre a condição...

This paper reconstructs how Keynes managed to formally develop the concept of aggregate supply in chapter 20 of the General Theory. As a preamble, the first section recaps Don Patinkin’s long struggle to devise the correct expression for the so-called Z curve while, at the same time, he...

This paper contemplates the evolution of Pigou's stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes's approach to the problem of unemployment is made. After that, Pigou's first reactions to The General Theory are presented, along with the rejoinder...

This paper goes through the main classical authors’ positions on the virtues and the limitations of both competition and socialism. The first section retrieves the evolution of socialistic ideas in England until the first half of the nineteenth century, highlighting Owen’s thesis. After...