Abstract

- Italian economic thought, from Francesco Ferrara on, has always been noteworthy for the wide range of its perspectives. This characteristic became even more marked in the second half of the twentieth century, thanks also to the "Cambridge- school" post-Keynesian strand, while the wider world saw the triumph, or at least the hegemony, of the marginalist approach, the neoclassical synthesis, and neoliberal ideology. The essay reviews the analyses and policy proposals produced by the post- Keynesian and, more generally, "heterodox" schools of thought in response to the crucial developments in the Italian economy since 1950. They represent an important contribution, significant even when Italy's policy-makers failed to follow it up with concrete policy measures. EconLit Classification: Q110, O130, Q420

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call