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Federico Caff? on the economic science in Italy

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  • Giovanni Michelagnoli

Abstract

This paper proposes a reconstruction of Federico Caff??s stance on the state of economic science in Italy. As has been observed, this subject was developed by Caff? for a project by Gustavo Del Vecchio, who called "for the study of Italian economic thought "on repeated occasions" (Caff? 1975: vii). We will conclude that, in Caff??s view, the Italian economists who took an active part in the debate on Sraffa?s thought should more appropriately have relaunched the neglected ideas of the General Theory in order to overcome the ?second crisis? of economic theory by means of a system of thought suitable for policy applications.

Suggested Citation

  • Giovanni Michelagnoli, 2019. "Federico Caff? on the economic science in Italy," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 8(2), pages 63-83.
    • Handle: RePEc:fan:spespe:v:html10.3280/spe2019-002003
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    References listed on IDEAS

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    5. Giuseppe Garofalo & Claudio Gnesutta, 2010. "A Return to Fundamentals: Fausto Vicarelli's Thought on Finance vs. Growth and Efficiency vs. Stability," Rivista italiana degli economisti, Società editrice il Mulino, issue 1, pages 105-142.
    6. P. Garegnani, 1966. "Switching of Techniques," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(4), pages 554-567.
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    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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