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The Italian approach to the theory of public goods

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  • Domenicantonio Fausto

Abstract

The subject of needs is the centre of attention of Italian public finance scholars. The financial activity of the State is justified by the existence of collective or public needs to whose satisfaction collective or public goods and services are linked. Italian economists have studied the problems of public goods in a general context, taking into consideration concurrently both taxes and public expenditure and giving prominence to positive analysis. Italian theorists have always been far removed from the classical approach, which denies the productivity of public services, and have deemed it necessary to take into account the political context in which fiscal structures operate. Their models include the State as a major factor. Herein lies the main value of the Italian tradition in public finance, which puts in coercion into the market mechanism via State intervention.

Suggested Citation

  • Domenicantonio Fausto, 2006. "The Italian approach to the theory of public goods," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(1), pages 69-98.
  • Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:69-98
    DOI: 10.1080/09672560500522843
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    References listed on IDEAS

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    1. Brennan,Geoffrey & Buchanan,James M., 2006. "The Power to Tax," Cambridge Books, Cambridge University Press, number 9780521027922.
    2. Italo MAGNANI, 2003. "Dibattito tra economisti italiani di fine Ottocento (D. PARISI)," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 111(3), pages 448-451.
    3. Orhan Kayaalp, 1988. "Ugo Mazzola and the Italian Theory of Public Goods," History of Political Economy, Duke University Press, vol. 20(1), pages 15-25, Spring.
    4. von dem Hagen, Oskar, 1991. "Strategic behaviour in the MDP procedure," European Economic Review, Elsevier, vol. 35(1), pages 121-138, January.
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    Cited by:

    1. Blankart Charles B., 2015. "Politische Folgen finanzwissenschaftlicher Konzepte / Political consequence of public finance," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 66(1), pages 61-80, January.
    2. Béraud, Alain, 2011. "Walras et l’économie publique," OEconomia, Editions NecPlus, vol. 2011(03), pages 351-392, September.

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