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Economic Theory and Social Justice

  • Book
  • © 1999

Overview

Editors:
  1. Giancarlo Gandolfo

    1. University of Rome ‘La Sapienza’, Italy

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  2. Ferruccio Marzano

    1. University of Rome ‘La Sapienza’, Italy

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Table of contents (14 chapters)

  1. Front Matter

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

    1. Fausto Vicarelli: A Personal Reminiscence

      • Giancarlo Gandolfo
      Pages 1-8

  3. Introduction

    1. Introduction

      • Ferruccio Marzano
      Pages 9-26

  4. Opening Address

    1. Opening Address

      • Antonio Fazio
      Pages 27-32

  5. Theoretical Analyses and Actual Economic Problems

    1. Front Matter

      Pages 33-33
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    2. Supply Constraints on Employment and Output: NAIRU Versus Natural Rate

      • James Tobin, Sergio Parrinello, Paolo Sylos Labini
      Pages 35-62

    3. On the Relevance of Keynesian Macroeconomics: A Reappraisal

      • 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
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    2. Vicarelli, Keynes’s Vision of Capitalism, and Currency Speculation

      • Paul Davidson, Giancarlo Gandolfo
      Pages 89-120

    3. Unemployment and Social Needs

      • Giorgio Lunghini, Claudio Gnesutta
      Pages 121-145

  7. Capital Accumulation: Real and Financial Aspects

    1. Front Matter

      Pages 147-147
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    2. Instability, Volatility and the Process of Capital Accumulation

      • Jan A. Kregel, Augusto Graziani, Guido M. Rey
      Pages 149-175

    3. The Relevance of Keynes’s Thought on Financial Markets

      • Giangiacomo Nardozzi, Marcello de Cecco
      Pages 176-190

  8. Social Choices, Economic Policy and Moral Values

    1. Front Matter

      Pages 191-191
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    2. Setting and Monitoring Poverty Standards: Drawing on the Parallel with Macroeconomics

      • Anthony B. Atkinson, Luigi Frey
      Pages 193-211

    3. Social Paradoxes of Growth and Civil Economy

      • Stefano Zamagni, Nicola Acocella, Alessandro Roncaglia, Felice R. Pizzuti
      Pages 212-250

  9. Testimonials

    1. Front Matter

      Pages 251-251
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    2. A Letter to the Conference

      • Hyman P. Minsky
      Pages 253-254

    3. Miscellanea

      • Antonino Tripoli
      Pages 255-264

    4. Closing Remarks

      • Ferruccio Marzano
      Pages 265-267
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Keywords

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.

Editors and Affiliations

  • University of Rome ‘La Sapienza’, Italy

    Giancarlo Gandolfo, Ferruccio Marzano

About the editors

NICOLA ACOCELLA Professor of Economics Policy, Faculty of Economics, University of Rome I `La Sapienza' ANTHONY B. ATKINSON Professor of Economics, Oxford University FRANCO BENTIVOGLI Former General Secretary, Italian Metalworkeers Federation, Rome PAUL DAVIDSON Professor of Economics, University of Tennessee MARCELLO DE CECCO Professor of Monetary Economics, Faculty of Economics, University of Rome I `La Sapienza' ANTONIO FAZIO Governor of the Bank of Italy, Rome LUIGI FREY Professor of Labour Economics, Faculty of Economics, University of Rome I `La Sapienza' NICOLA GENOVESE Associate Professor of Political Economy, Faculty of Economics, University of Messina CLAUDIO GNESUTTA Professor of Economics Policy, Faculty of Economics, University of Rome I `La Sapienza' AUGUSTO GRAZIANI Professor of Political Economy, Faculty of Economics, University of Rome I `La Sapienza' JAN A. KREGEL Professor of Economics, Faculty of Political and Social Sciences, University of Bologna PAOLO SYSLOS LABINI Emeritus Professor of Political Economy, Faculty of Statistics, University of Rome I `La Sapienza' GIORGIO LUNGHINI Professor of Political Economy, Faculty of Economics, University of Pavia HYMAN P. MINSKY Late Professor of Economics, Jerome Levi Economics Institute, New York IGNAZIO MUSU Professor of Political Economy, Faculty of Economics, University of Venice GIANGIACOMO NARDOZZI Professor of Economics Policy, Faculty of Engineering, Polytechnic of Milan SERGIO PARRINELLO Professor of Mathematical Economics, Faculty of Economics, University of Rome I `La Sapienza' ANTONIO PEDONE Professor of Public Finance, Faculty of Economics, University of Rome I `La Sapienza' ROBERTO F. PIZZUTI Associate Professor of Economics Policy, Faculty of Economics, University of Rome I `La Sapienza' GUIDO M. REY Professor of Economics Policy, Faculty of Economics, University of III ALESSANDRO RONCAGLIA Professor of Economics Policy, Faculty of Economics, University of Rome I `La Sapienza' JAMES TOBIN Emeritus Professor of Economics, Yale University, Nobel Laureate in Economics, 1981 ANTONINO TRIPOLI President, Fausto Vixarelli Association, Rome STEFANO ZAMAGNI Professor of Political Economics, Faculty of Economics, University of Bologna

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