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The Paretian tradition has been one of the most important research strands in the interwar period in Italy. It included a small but strong group of economists, among them the notable Luigi Amoroso and Giulio La Volpe. The more ambitious project carried out by the Paretians was the dynamization...
Persistent link: https://www.econbiz.de/10010903064
This paper aims to highlight the main features of Amoroso's reflections on macroeconomic dynamics to which he dedicated a large part of his scientific activity. He developed an original theory of business cycle and he formulated a dynamic generalisation of the Paretian theory of general economic...
Persistent link: https://www.econbiz.de/10011265773
Economics education is essential in all nations to prepare students for the changing world economy. The paper offers a description and an assessment of how secondary school economics is currently provided and how it ha changed over the last decades in Italy. The analysis covered some topics:...
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Introduction -- 1. Luigi Amoroso's early contributions -- 2. The birth of microeconomics. The Lezioni of 1921 -- 3. The ideological turn: Amoroso as corporatist economist -- 4. Amoroso and the first revolution of imperfect competition -- 5. From Fisher to Keynes. A mathematical business cycle...
Persistent link: https://www.econbiz.de/10013392571
In the mid 1980s there was a remarkable revival of interest in growth theory and once again this became a very active area of macroeconomic research. A relevant strand of this approach is characterized by the departure from the usual assumption of diminishing returns of capital or, more...
Persistent link: https://www.econbiz.de/10005505417
This paper aims to highlight the main features of Amoroso's reflections on macroeconomic dynamics to which he dedicated a large part of his scientific activity. He developed an original theory of business cycle and he formulated a dynamic generalisation of the Paretian theory of general economic...
Persistent link: https://www.econbiz.de/10005418858