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Baranzini & Mirante, on the role of the Oxbridge-Italian school of economics 1950-2000, conclude that: (a) it has been fundamental in the evolution of economic thinking; (b) it has been pivotal in the circulation of ideas and cross-fertilization processes, not only between the UK and Italy, but at a much widespread level; (c) it has contributed to the instigation and promotion of at least four theoretical controversies (on the measurement of technical progress, on capital theory, on income distribution and profit determination, and on the inter-generational transmission of wealth); (d) it has led to a significant counter-flow of Oxbridge scholars who moved to Italian academia; and (e) it has encouraged and invigorated a third or fourth generation of Italian economists who are now doing research or teaching in Oxford and Cambridge.
KeywordsIncome Distribution Steady Flow Technical Progress Economic History Italian Scholar
- Hicks, J. R. (1986). Is economics a science? In M. Baranzini, & R. Scazzieri (Eds.), Foundations of economics. Structure of inquiry and economic theory, op. cit., pp. 91–101.Google Scholar