Increasing trade interdependence among East-Asian countries suggests the urge to design some monetary arrangement to stabilize the macroeconomic framework of an extremely heterogeneously growing area. The paper reviews the literature and analyses several directions of East-Asian integration...

When Robbins' Essay on the Nature and Significance of Economic Science was first published, it was mostly criticized for depriving economists of an important professional market (policy advice) and for detaching economics from policy considerations. Most critics considered Robbins' Essay as the...

The paper reviews the recent literature and debates on the reform of the international monetary system which has followed the global financial crisis and the subsequent Chinese proposal for enhancing the role of Special Drawing Rights

Recently, after the financial and currency crises that hit Asian economies at the end of last millennium and the foundation in Europe of the single currency, a renewed interest towards integration processes in Asia has grown (Whyplosz 2001). In the last four years a vivid scientific debate on...

<title>Abstract</title> The economic literature is giving new attention to Lionel Robbins' main contributions to economic theory, confined for several decades to the <italic>Essay</italic>, systematically misunderstood as the manifesto of the epistemology of neoclassical economics, where its underlying ontology characterized...

<title>Abstract</title> In <italic>The Economics of Welfare</italic>, Pigou develops the idea of what will be widely known as ‘Pigouvian tax’. Together with the concept of externality, they constituted two of the most important founding elements of modern welfare economics. Many have suggested that, on the way he treated...

The first 1947 meeting of the Mont Pelerin Society is considered the date of birth of neoliberalism. But the neoliberal thought after WWII is the result of fervent intellectual efforts in the previous decades. The paper aims at highlighting the role of Luigi Einaudi to the making of the...