History of Economic Thought and Policy最新文献_第5页

Niels Thygesen: An Academic in the Making of European Monetary Union 尼尔斯·蒂格森：欧洲货币联盟形成过程中的一位学者

History of Economic Thought and Policy Pub Date : 2021-03-01 DOI: 10.3280/SPE2020-001005

I. Maes, Sabine Péters

引用次数: 0

Interpreting the path of Italian economic thought: The contribution of Eraldo Fossati 解读意大利经济思想之路——埃拉尔多·福萨蒂的贡献

History of Economic Thought and Policy Pub Date : 2021-03-01 DOI: 10.3280/SPE2020-001002

M. Pomini

引用次数: 0

Reshaping the external constraint. Franco Modigliani, Tommaso Padoa-Schioppa and the EMS, 1977-1993 重塑外部约束。Franco Modigliani、Tommaso Padoa Schioppa和EMS，1977-1993

History of Economic Thought and Policy Pub Date : 2021-03-01 DOI: 10.3280/SPE2020-002006

G. Piluso

{"title":"Reshaping the external constraint. Franco Modigliani, Tommaso Padoa-Schioppa and the EMS, 1977-1993","authors":"G. Piluso","doi":"10.3280/SPE2020-002006","DOIUrl":"https://doi.org/10.3280/SPE2020-002006","url":null,"abstract":"During a decade of stagflation in the 1970s, a sea of changes on the interna-tional stage led to major macroeconomic imbalances that gave central bankers a different role in relation to governments and policy-makers. In Europe, this coin-cided with the relaunching of the project for European integration. The Italian case shows how governments and central bankers interacted in shaping adjustment strategies. The Bank of Italy had a pivotal role in shaping the country's economic policies, relying on its capacity for economic analysis. The adjustment strategy formulated in the \"Pandolfi Plan\" of 1978 was conceived largely by an economist at the Bank of Italy, Tommaso Padoa-Schioppa. Further developing analyses conducted jointly with Franco Modigliani the previous year, the plan focused on the macroeconomic effects of high labour costs in the wake of a full (\"100% and plus\") wage indexing and rising government deficits. The policy proposal revolved around a few targets, namely investments and economic growth, and an explicit principle of fairness in the labour market. The Pandolfi Plan pledged to Italy's en-during participation in the European integration process by combining economic development with adhesion to the \"European choice\", which meant joining the European Monetary System (EMS). The European agreements governing EMS membership replaced the standard external economic constraints, i.e. the balance of payments and exchange rate, with a new kind of semi-legal external constraint ingrained in the governance structure of the European Community. The nature of this new semi-legal external constraint as a fiscal discipline mechanism eventually emerged more clearly with the Maastricht Treaty.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44353411","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Luigi Luzzatti and the making of the Italian monetary system Luigi Luzzatti和意大利货币体系的形成

History of Economic Thought and Policy Pub Date : 2021-03-01 DOI: 10.3280/SPE2020-002004

S. Solari

引用次数: 0

Italian money doctors: Introduction 意大利理财医生：简介

History of Economic Thought and Policy Pub Date : 2021-03-01 DOI: 10.3280/SPE2020-002001

Gianfranco Tusset

{"title":"Italian money doctors: Introduction","authors":"Gianfranco Tusset","doi":"10.3280/SPE2020-002001","DOIUrl":"https://doi.org/10.3280/SPE2020-002001","url":null,"abstract":"The relationship between economic theory and politics, a long-standing feature of economic debate, is particularly articulated in the figure of the money doctor. But who are these money doctors? From the now extensive literature on the topic, we can extract some characteristics that money doctors share. They are mainly concerned with crises or instability (Flandreau 2003), they make suggestions regarding the use of foreign financing (Drake 1984), and they support political coalitions by proposing possible reforms (Hirschman 1965). They also do much more, however. The history of money doctoring begins not with the 20th century, but much earlier, and money doctors’ actions have inevitably adapted to the political and cultural setting in the country where they have operated. While much has been written on the part played by money doctors in specific contexts, there is less literature on the real effectiveness of money doctoring, and on the figure of the money doctor. Little has been written about the sources inspiring the money doctors’ actions, which range from abstract theory to technical rules, from ethical principles to mere observation of reality, and more. It is certainly common for money doctors to have a background in economic studies, but it would be wrong to say that their actions stem from the mere application of economic/monetary theories. In this volume, we have tried to take these aspects into account in a collection of essays on money doctoring in Italy. The country has had a lengthy tradition in this field, beginning in the mid-18th century (a time of economic reforms) and up until the end of the 20th, when Italy became part of the European monetary system. During the 19th century, money doctoring in Italy was done by Italians in an industrially still backward country where monetary experts were called on to advise the ruler or policy-maker. At that time,","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47619646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Carlo Antonio Broggia, a money doctor "in adverse circumstances" 卡洛·安东尼奥·布罗吉亚，一位“处境不利”的理财医生

History of Economic Thought and Policy Pub Date : 2021-03-01 DOI: 10.3280/SPE2020-002002

Rosario Patalano

{"title":"Carlo Antonio Broggia, a money doctor \"in adverse circumstances\"","authors":"Rosario Patalano","doi":"10.3280/SPE2020-002002","DOIUrl":"https://doi.org/10.3280/SPE2020-002002","url":null,"abstract":"The debate on monetary reform in the Italian Enlightenment Age was initiated by Carlo Antonio Broggia, a ‘self-taught' Neapolitan merchant, who in 1743 pub-lished the Treatise on taxes, money, and the policy of public health, the main trea-tise on the subject published in Italy before Galiani's Della Moneta and the Nea-politan abbot himself recognized its importance, considering Broggia the first to promote om Italy the study of a very useful and noble science. Broggia proposed a complex monetary stabilization program, basing it on a detailed theoretical analysis, breaking with the tradition of the monetary writers, who throughout the seventeenth century, prompted by the serious disorders besetting the Viceroyalty, had dealt with technical issues, without the will or the ability to produce an organic analytical contribution. In his Treatise, the Neapolitan merchant tackles the prob-lem of the stability of a bimetallic monetary system, troubled by the continuous modification of the commercial relationship between gold and silver, resorting pre-cisely to the maneuver of tariffs (i.e. of imaginary money), in order to sterilize the fluctuations of the bimetallic ratio. Despite the high level of Broggia's contribution, his advice was not accepted and in the Kingdom of Naples the monetary stabiliza-tion policy failed completely. As a money doctor ante litteram Broggia acted in adverse circumstances openly opposing the policy of some ministers. Remaining unheard, he addressed the prince and public opinion directly, suffering the most drastic consequences. However, his ideas spread widely and were also welcomed by intellectuals such as Muratori who played a decisive role in the renewal of Ital-ian culture in the mid-eighteenth century.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45423486","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Money as a political institution in the commentaries of Albert the Great and Thomas Aquinas to Aristotle's "Ethica Nicomachea" 金钱作为一种政治制度在阿尔伯特大帝和托马斯·阿奎那对亚里士多德《Nicomachea伦理学》的评论中

History of Economic Thought and Policy Pub Date : 2020-02-01 DOI: 10.3280/spe2019-002002

Tommaso Brollo

引用次数: 1

A Lesson from Bretton Woods On the Occasion of the 75th Anniversary of the Conference 布雷顿森林会议75周年之际的经验教训

History of Economic Thought and Policy Pub Date : 2020-02-01 DOI: 10.3280/spe2019-002006

A. Magliulo

引用次数: 0

What Went Wrong. The Failure of the 1993 Delors' White Paper 出了什么问题。1993年Delors白皮书的失败

History of Economic Thought and Policy Pub Date : 2020-02-01 DOI: 10.3280/SPE2019-002004

Fabio Masini

引用次数: 1

The Economic Discourse of Joseph Garnier in Spain 约瑟夫·卡尼尔在西班牙的经济话语

History of Economic Thought and Policy Pub Date : 2020-02-01 DOI: 10.3280/spe2019-002001

J. Andreu, Estrella Trincado

引用次数: 1