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This paper reflects on the influence of Vilfredo Pareto’s letters to two of his ex-students, Benvenuto Griziotti and Guido Sensini, on Ricardian equivalence and fiscal theory. The letters are of historical interest because of their emphasis on the need for fiscal studies to consider “social...
Persistent link: https://www.econbiz.de/10005730793
Even though important analytical concepts named after Vilfredo Pareto were, and still are, employed in public finance theory, Pareto was actually a harsh critic of the Italian public finance tradition, especially the classic studies on public goods and the reliance on the benefit principle when...
Persistent link: https://www.econbiz.de/10005730803
Outside of Continental Europe, Italian fiscal sociology is almost completely unknown. Seminal works have not yet been translated into English, and what is known is generally consistent with James Buchanan’s contention that Gino Borgatta was the most direct follower of Pareto who, with others,...
Persistent link: https://www.econbiz.de/10005730832
Many economists remember the masters of Lausanne for their important contributions to general equilibrium and welfare economics, but Leon Walras and Vilfredo Pareto both pursued much broader social research agendas. Walras did this within the general framework of economics, by complementing his...
Persistent link: https://www.econbiz.de/10005730879
The ‘second series’ of the Giornale degli Economisti commenced in 1890. It revealed a notable change in editorial direction from the earlier series, which was a direct result of Alberto Zorli being joined by leading liberal intellectuals, Ugo Mazzola, Antonio de Viti de Marco and Maffeo...
Persistent link: https://www.econbiz.de/10005730885