The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Ricci, Umberto (1879–1946)

  • Giancarlo Gandolfo
Reference work entry


Ricci was born in Chieti, Italy, and died in Cairo, Egypt. After an administrative career, his contributions to economic theory (he was an autodidact without academic training) won him a chair in economics (1912), after which he taught in various universities. A critic of the Fascist regime, an article (1928a) written in his humorous, ironic style was the occasion for the government to deprive him of his Rome chair. He then taught in the Universities of Cairo (1929–40) and Istanbul (1942–6). He was a Fellow of the Econometric Society.

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  1. A full bibliography of Ricci’s works is published in his posthumous book (1951), which also contains obituaries by L. Einaudi and C. Bresciani-Turroni (the first of these is also published in English in American Economic Review, September 1946). For an evaluation of Ricci’s scientific contributions, see also L. Gangemi, In memoria di Umberto Ricci, Studi Economici ed Aziendali, April–June 1946 (with bibliography), and C. Grilli, Umberto Ricci e l’economia psichico matematica, Studi Economici, November–December 1951.Google Scholar

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Giancarlo Gandolfo
    • 1
  1. 1.