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“Monopolistic” vs. “Cooperative” State in the Institutional and Economic Modelling of Antonio De Viti De Marco

Author

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  • Luca Tedesco

    (University Roma Tre)

  • Roberto Ricciuti

    (Department of Economics (University of Verona))

Abstract

Antonio de Viti de Marco was one of the most representative figures of the Italian school of public finance and is considered an intellectual father of the Public Choice school. In this paper we analyze the relationships between his theories and those of Herbert Spencer, explicitly cited by de Viti de Marco in his writings. We also explore to what extent the theory fueled the political and journalistic campaigns in which he was engaged, seeking to influence the economic and financial policy of the government. De Viti de Marco and his associates proposed a way out of the fin de siècle crisis based on a new fiscal pact and free trade, which in turn was grounded on a view of the British model that was already in crisis in its homeland. Unsurprisingly, this route was not chosen by the government, which opted for repression.

Suggested Citation

  • Luca Tedesco & Roberto Ricciuti, 2023. "“Monopolistic” vs. “Cooperative” State in the Institutional and Economic Modelling of Antonio De Viti De Marco," Working Papers 07/2023, University of Verona, Department of Economics.
    • Handle: RePEc:ver:wpaper:07/2023
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    References listed on IDEAS

    as
    1. Jürgen G. Backhaus & Richard E. Wagner, 2005. "From Continental Public Finance to Public Choice: Mapping Continuity," History of Political Economy, Duke University Press, vol. 37(5), pages 314-332, Supplemen.
    2. Giuseppe Eusepi & Richard E. Wagner, 2013. "Tax Prices in a Democratic Polity: The Continuing Relevance of Antonio de Viti de Marco," History of Political Economy, Duke University Press, vol. 45(1), pages 99-121, Spring.
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    4. Michele G. Giuranno & Manuela Mosca, 2018. "Political realism and models of the state: Antonio de Viti de Marco and the origins of public choice," Public Choice, Springer, vol. 175(3), pages 325-345, June.
    5. Fossati, Amedeo, 2006. "Needs, the Principle of Minimum Means, and Public Goods in de Viti de Marco," Journal of the History of Economic Thought, Cambridge University Press, vol. 28(4), pages 427-438, December.
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    8. Fossati, Amedeo & Montefiori, Marcello, 2019. "Antonio De Viti De Marco, The Principle Of Minimum Means, And Political Competition," Journal of the History of Economic Thought, Cambridge University Press, vol. 41(2), pages 237-253, June.
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    More about this item

    Keywords

    De Viti de Marco; liberal Italy; public finance; taxation; free trade; protectionism; Italian economic thought.;
    All these keywords.

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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