This paper investigates the Italian debate on municipalization between the 1880s and the 1920s and is divided into two parts. The first deals with the emergence of the municipalization in the late nineteenth century as a component in the birth of the Social State. The second part concerns the...

Why had so few economists foreseen the crisis? The main reason is that economics has turned into a branch of applied mathematics, detached from real world institutions. In a monetary economy of production, real factors and financial factors are intertwined, and crisis is consequently no mere...

This working paper aims to point out the ideas defended by the Spaniard Juan de Mariana in the early XVII century in his book “De Rege et Regis Institutione” and in his monetary treatise “De Monetae Mutatione”. Juan de Mariana not only summarized the ideas of the Spanish scholastics in...

This working paper aims to point out the ideas defended by the Spaniard Juan de Mariana in the early XVII century in his book “De Rege et Regis Institutione” and in his monetary treatise “De Monetae Mutatione”. Juan de Mariana not only summarized the ideas of the Spanish scholastics in...

Keynes: the economic liberalism as a myth - This paper aims at highlighting Keynes main arguments in his criticism of economic liberalism, conceived of as the theories and the praxis of economic policy adopted by the mainstream thinkers in the field of economics and symbolically based on the...

In the 17th Century, the importance of Turkish and Persian increased because of being languages of rulers and receiving official patronage. Thus, along with writing on socio-economic problems in Arabic language, many works of economic interest appeared in those languages. While the focus of the...

The term “Institutional Economics” has been applied to some of capitalism’s strongest critics as well as its most ardent apologists. This paradox in terms has bred contradictory literature in development economics, some declaring the death of this line of thought while others herald its...

This paper argues that despite a growing body of scholarly literature on Sir James Steuart, his theory of history and influence on Marxian political economy has been largely ignored. The approach of this paper is motivated, in part, by Marx’s sympathetic treatment of Steuart found in the...

This paper analyzes Raúl Prebisch’s less familiar contributions to economic theory, related to the business cycle, and heavily informed by the Argentinean experience. His views of the cycle emphasize the common nature of the cycle in the center and the periphery as one unified phenomenon....