Economic Theory and Social Justice

  • Giancarlo Gandolfo
  • Ferruccio Marzano

Table of contents

  1. Front Matter
    Pages i-xi
  2. Fausto Vicarelli: A Personal Reminiscence

    1. Giancarlo Gandolfo
      Pages 1-8
  3. Introduction

    1. Ferruccio Marzano
      Pages 9-26
  4. Opening Address

    1. Antonio Fazio
      Pages 27-32
  5. Theoretical Analyses and Actual Economic Problems

    1. Front Matter
      Pages 33-33
    2. James Tobin, Sergio Parrinello, Paolo Sylos Labini
      Pages 35-62
    3. Ignazio Musu, Antonio Pedone
      Pages 63-86
  6. Present World Imbalances and the Need for a New International Economic Order

    1. Front Matter
      Pages 87-87
    2. Paul Davidson, Giancarlo Gandolfo
      Pages 89-120
    3. Giorgio Lunghini, Claudio Gnesutta
      Pages 121-145
  7. Capital Accumulation: Real and Financial Aspects

    1. Front Matter
      Pages 147-147
    2. Jan A. Kregel, Augusto Graziani, Guido M. Rey
      Pages 149-175
    3. Giangiacomo Nardozzi, Marcello de Cecco
      Pages 176-190
  8. Social Choices, Economic Policy and Moral Values

    1. Front Matter
      Pages 191-191
    2. Stefano Zamagni, Nicola Acocella, Alessandro Roncaglia, Felice R. Pizzuti
      Pages 212-250
  9. Testimonials

    1. Front Matter
      Pages 251-251
    2. Hyman P. Minsky
      Pages 253-254
    3. Antonino Tripoli
      Pages 255-264
    4. Ferruccio Marzano
      Pages 265-267
  10. Back Matter
    Pages 268-271

About this book


There is a powerful and enduring economic tradition which holds that a paramount concern for economists should be the promotion of social justice. This book collects essays by many of the best known contemporary economists, in memory of Fausto Vicarelli, a leading figure in Keynesian economics. The contributors discuss the role of economic theory in tackling poverty and unemployment in both the developed and developing world and in promoting a new international economic order. The outstanding international team of contributors includes Anthony. B. Atkinson, Paul Davidson, Jan Kregel, James Tobin and Hyman P. Mynsky.


economic policy economic theory economics employment instability John Maynard Keynes Keynesian economics macroeconomics poverty social choice social justice unemployment

Editors and affiliations

  • Giancarlo Gandolfo
    • 1
  • Ferruccio Marzano
    • 1
  1. 1.University of Rome ‘La Sapienza’Italy

Bibliographic information