Books by Roberto Scazzieri
Relationships between finance and industry (Lyon 2013)
Roberto Scazzieri and Raffaella Simili, Editors
“…As Nicholas Mann writes, one might feel ‘ a ce... more Roberto Scazzieri and Raffaella Simili, Editors
“…As Nicholas Mann writes, one might feel ‘ a certain unease at the very notion of tracing the migration of something as evanescent as an idea.’ This is solved by ‘concentrating on the people who migrated with their ideas, and in particular on the institutional frameworks within which those ideas were developed, and modified.’ These foci keep the essays grounded, from the encyclopedia movements of the 18th century to modern digital archives. Summing Up: Recommended. Upper division undergraduate through professional collections.”—CHOICE, March 2009
Ideas migrate across time and space, sometimes in conjunction with the migration of people and sometimes independently of it. The migration of ideas from one context to another is a central aspect of communication among scholars and scientists. It is one of the most important features of cultural, intellectual and scientific history. It is also an important feature in the history of institutions, organizations and technology. This volume considers the migration of ideas in conjunction with the migration of scientists and scholars, and examines the critical role of political upheavals and major wars in that connection.
Contributors
Mitchell Ash, Giovanni Battimelli, Maria Carla Galavotti, Paolo Galluzzi, Susanne Lachenicht, Nicholas Mann, Adrian Pabst, Giovanni Paoloni, Roberto Scazzieri, Raffaella Simili, Friederich Stadler, Gareth Stedman Jones, Walter Tega
Markets, Money and Capital. Hicksian Perspectives for the Twenty First Century
Sir John Hicks was one of the leading economic theorists of the twentieth century, jointly winnin... more Sir John Hicks was one of the leading economic theorists of the twentieth century, jointly winning the Nobel Prize for his work in 1972. This volume addresses Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making.
Contents
Between theory and history: on the identity of Hicks's economics Roberto Scazzieri and Stefano Zamagni; Part I. The Intellectual Heritage of John Hicks: 1. Hicks on liberty Amartya Sen; 2. An economist even greater than his high reputation Paul A. Samuelson; 3. Hicks's 'conversion' - from J. R. to John Luigi L. Pasinetti and Ganpaolo Mariutti; 4. Dear John, dear Ursula (Cambridge and LSE, 1935): 88 letters unearthed Maria Cristina Marcuzzo and Eleonora Sanfilippo; 5. John Hicks and his publishers Andrew Schuller; 6. Hicks in reviews, 1932–1989: from 'The Theory of Wages' to 'A Market Theory of Money' Warren Young; Part II. Markets: 7. John Hicks and the emptiness of general equilibrium theory Christopher J. Bliss; 8. Hicks vs. Marx? On the theory of economic history Pierluigi Ciocca; 9. Hicks's notion and use of fix-price and flex-price Marcello De Cecco; 10. On the Hicksian definition of income in applied economic analysis Paolo Onofri and Anna Stagni; Part III. Money: 11. Historical stylizations and monetary theory Alberto Quadrio Curzio and Roberto Scazzieri; 12. Hicks: money, prices and credit management Omar Hamouda; 13. Core, mantle and industry: a monetary perspective of Banks' capital standards Rainer Masera; 14. A suggestion for simplifying the theory of asset prices Carlo D'Adda and Riccardo Cesari; Part IV. Capital and dynamics: 15. 'Distribution and economic progress' after 70 years Robert M. Solow; 16. Flexible saving and economic growth Mauro Baranzini; 17. The economics of nonlinear cycles Piero Ferri; 18. Perspective on a Hicksian non-linear theory of the trade cycle Kumaraswamy Vela Velupillai; 19. Capital, growth and production disequilibria: on the employment consequences of new technologies Harald Hagemann; 20. Capital and time Erich Streissler; 21. Sequential analysis and out-of-equilibrium paths Mario Amendola and Jean-Luc Gaffard.
Contributors
Roberto Scazzieri, Stefano Zamagni, Amartya Sen, Paul A. Samuelson, Luigi L. Pasinetti, Ganpaolo Mariutti, Maria Cristina Marcuzzo, Eleonora Sanfilippo, Andrew Schuller, Warren Young, Christopher J. Bliss, Pierluigi Ciocca, Marcello De Cecco, Paolo Onofri, Anna Stagni, Alberto Quadrio Curzio, Omar Hamouda, Rainer Masera, Carlo D'Adda, Riccardo Cesari, Robert M. Solow, Mauro Baranzini, Piero Ferri, Kumaraswamy Vela Velupillai, Harald Hagemann, Erich Streissler, Mario Amendola, Jean-Luc Gaffard
Reasoning, Rationality and Probability
This volume broadens our concept of reasoning and rationality to allow for a more pluralistic and... more This volume broadens our concept of reasoning and rationality to allow for a more pluralistic and situational view of human thinking as a practical activity. Drawing on contributors across disciplines including philosophy, economics, psychology, statistics, computer science, engineering, and physics, Reasoning, Rationality, and Probability argues that the search for strong theories should leave room for the construction of context-sensitive conceptual tools. Both science and everyday life, the authors argue, are too complex and multifaceted to be forced into ready-made schemata.
The subject of decision theory under non-standard uncertainty has become increasingly pertinent i... more The subject of decision theory under non-standard uncertainty has become increasingly pertinent in many disciplines today. This volume provides a comprehensive assessment of the concepts and theories developed to deal with
situations in which standard tools of decision theory cannot be used. It moves beyond the classical distinction between risk and uncertainty, and suggests that most problems involving strategic choices in the face of fundamental uncertainty
involve a conceptual and methodological shift addressing the interface between quantitative and qualitative assessment.
The volume takes an interdisciplinary approach and provides a framework to explore fundamental uncertainty from the point of view of an extended conception of rationality. It examines topics such as rationality and commitment, weight of argument and probability structures, similarity theory, reasoning with natural languages, economic decisions and moral judgement in view of uncertain outcomes.
This book is an indispensable read for all interested in rationality, decision-making theory and behavioural economics.
Capital Time and Transitional Dynamics
In the words of Robert M. Solow traverse analysis "is the easiest part of skiing, but the hardest... more In the words of Robert M. Solow traverse analysis "is the easiest part of skiing, but the hardest part of economics". The aim of this volume is to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution Capital and Time (1973). The analysis of an economy which originally had been in a growth equilibrium which was disturbed by technical progress is one of the most challenging problems in economics. This book takes Hicks’ work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics along transition non-steady state paths
The original contributions in this volume explore the manifold theoretical roots of traverse analysis in classical and post-classical literature, its features as a specific method of economic dynamics, and its applications in a variety of fields from monetary economics to development and international economics. The essays thereby focus on the ways ahead from Capital and Time that have been suggested and actively pursued by a number of scholars in recent years. Its central theme is the role of capital structures as critical factors in determining the actual dynamics of any given economic system. This volume is inspired by the belief that this state of affairs in capital theory is not a satisfactory one, and outlines a new agenda for capital theory. Contributors include Edwin Burmeister, Jean-Luc Gaffard and Heinz Kurz.
Talks by Roberto Scazzieri
Connections, Reasons and the Social Economy
Papers by Roberto Scazzieri
The Palgrave Handbook of Political Economy
This book is a major contribution to the study of political economy. With chapters ranging from t... more This book is a major contribution to the study of political economy. With chapters ranging from the origins of political economy to its most exciting research fields, this handbook provides a reassessment of political economy as it stands today, whilst boldly gesturing to where it might head in the future. This handbook transcends the received dichotomy between political economy as an application of rational choice theory or as the study of the causes of societies’ material welfare, outlining a broader field of study that encompasses those traditions. This book will be essential reading for academics, researchers, students, and anyone looking for a comprehensive reassessment of political economy.
Introduction: Political economy as a science of society
La probabilità in Keynes : premesse e influenze
Tradizione e rivoluzione in economica politica (1890-1936)
Networks and Spatial Economics
Economic complexity highlights the relationship between interdependence (a positional characteris... more Economic complexity highlights the relationship between interdependence (a positional characteristic of elements belonging to a given network or structure) and connectivity (a functional characteristic of elements belonging to a given field of interaction). Positional interdependence (as the one between pieces in a jigsaw puzzle) is central to studies investigating the architecture of a complex system (Simon) while connectivity is central to the analysis of responsiveness patterns in social networks and strategic action fields. This paper discusses the fundamentals of a structural approach to economic and spatial complexity by highlighting the hierarchical arrangement of network elements as a distinctive feature of system identity. The positional distribution of network elements is a fundamental characteristic of complex networks and a central condition constraining the dynamics of those networks through the principle of relative structural invariance. The paper investigates the rol...
Vertical Integration In Economic Theory
Journal of Post Keynesian Economics, 1990
Symposium: On vertical integration Vertical integration in economic theory ROBERTO SCAZZIERI 1. I... more Symposium: On vertical integration Vertical integration in economic theory ROBERTO SCAZZIERI 1. Introduction The vertical integration of economic magnitudes is a common logical device that has found widespread application both in social accounting and in economic theory. It is ...
Production Frontiers
The Economic Journal, 1995
Thirty years of structural change and economic dynamics: anniversary collection
Structural Change and Economic Dynamics
Istituto Lombardo - Accademia di Scienze e Lettere - Incontri di Studio
The Monetary Theory of the Lombard Enlightenment. The relationship. between economic arrangements... more The Monetary Theory of the Lombard Enlightenment. The relationship. between economic arrangements and administrative decisions is at the core of the contributions of the Lombard economists of the eighteenth century, and it is also the main focus of this essay. Here, we wish to emphasize the importance of the history of ideas and of the history of facts in view of theory formulation and policy proposal within a framework of political economy. Theory must serve, together with history, to the governance of institutions aimed at the orderly working of economies and markets. The relationship. between economics and administration is at the root of the Milanese discussions on monetary policy that took place in the 1760s, and to which both Cesare Beccaria and Pietro Verri contributed. The interest of these discussions is twofold. On the one hand, as John Hicks pointed out, monetary disturbances throw light on the nature of money and on the problems monetary theory must address in moving fro...
Revue d'économie industrielle
History of Political Economy
Antonio Genovesi’s economic-political treatise on civil economy was a major contribution to debat... more Antonio Genovesi’s economic-political treatise on civil economy was a major contribution to debates in the mid-and late eighteenth century on the nature of political economy. At that time, Genovesi’s book was extensively translated and discussed across continental Europe and Latin America, where it was read as a foundational text of political economy similar to Adam Smith’s Wealth of Nations. The aim of this article is to contribute to the analysis of the mutual implication between the economic and the political order of society by revisiting Genovesi’s theory of civil economy, which he defined as “the political science of the economy and commerce.” First, the article retraces Genovesi’s conception of civil economy as a branch of political science and the role of “virtue” in ordering the polity according to “the nature of the world.” Second, it explores Genovesi’s theory of production as an inquiry into the proportionality conditions that productive activities should meet for a well...
Structural dynamics and evolutionary change
Structural Change and Economic Dynamics
A Theory of Similarity and Uncertainty
Fundamental Uncertainty, 2011
Uploads
Books by Roberto Scazzieri
“…As Nicholas Mann writes, one might feel ‘ a certain unease at the very notion of tracing the migration of something as evanescent as an idea.’ This is solved by ‘concentrating on the people who migrated with their ideas, and in particular on the institutional frameworks within which those ideas were developed, and modified.’ These foci keep the essays grounded, from the encyclopedia movements of the 18th century to modern digital archives. Summing Up: Recommended. Upper division undergraduate through professional collections.”—CHOICE, March 2009
Ideas migrate across time and space, sometimes in conjunction with the migration of people and sometimes independently of it. The migration of ideas from one context to another is a central aspect of communication among scholars and scientists. It is one of the most important features of cultural, intellectual and scientific history. It is also an important feature in the history of institutions, organizations and technology. This volume considers the migration of ideas in conjunction with the migration of scientists and scholars, and examines the critical role of political upheavals and major wars in that connection.
Contributors
Mitchell Ash, Giovanni Battimelli, Maria Carla Galavotti, Paolo Galluzzi, Susanne Lachenicht, Nicholas Mann, Adrian Pabst, Giovanni Paoloni, Roberto Scazzieri, Raffaella Simili, Friederich Stadler, Gareth Stedman Jones, Walter Tega
Contents
Between theory and history: on the identity of Hicks's economics Roberto Scazzieri and Stefano Zamagni; Part I. The Intellectual Heritage of John Hicks: 1. Hicks on liberty Amartya Sen; 2. An economist even greater than his high reputation Paul A. Samuelson; 3. Hicks's 'conversion' - from J. R. to John Luigi L. Pasinetti and Ganpaolo Mariutti; 4. Dear John, dear Ursula (Cambridge and LSE, 1935): 88 letters unearthed Maria Cristina Marcuzzo and Eleonora Sanfilippo; 5. John Hicks and his publishers Andrew Schuller; 6. Hicks in reviews, 1932–1989: from 'The Theory of Wages' to 'A Market Theory of Money' Warren Young; Part II. Markets: 7. John Hicks and the emptiness of general equilibrium theory Christopher J. Bliss; 8. Hicks vs. Marx? On the theory of economic history Pierluigi Ciocca; 9. Hicks's notion and use of fix-price and flex-price Marcello De Cecco; 10. On the Hicksian definition of income in applied economic analysis Paolo Onofri and Anna Stagni; Part III. Money: 11. Historical stylizations and monetary theory Alberto Quadrio Curzio and Roberto Scazzieri; 12. Hicks: money, prices and credit management Omar Hamouda; 13. Core, mantle and industry: a monetary perspective of Banks' capital standards Rainer Masera; 14. A suggestion for simplifying the theory of asset prices Carlo D'Adda and Riccardo Cesari; Part IV. Capital and dynamics: 15. 'Distribution and economic progress' after 70 years Robert M. Solow; 16. Flexible saving and economic growth Mauro Baranzini; 17. The economics of nonlinear cycles Piero Ferri; 18. Perspective on a Hicksian non-linear theory of the trade cycle Kumaraswamy Vela Velupillai; 19. Capital, growth and production disequilibria: on the employment consequences of new technologies Harald Hagemann; 20. Capital and time Erich Streissler; 21. Sequential analysis and out-of-equilibrium paths Mario Amendola and Jean-Luc Gaffard.
Contributors
Roberto Scazzieri, Stefano Zamagni, Amartya Sen, Paul A. Samuelson, Luigi L. Pasinetti, Ganpaolo Mariutti, Maria Cristina Marcuzzo, Eleonora Sanfilippo, Andrew Schuller, Warren Young, Christopher J. Bliss, Pierluigi Ciocca, Marcello De Cecco, Paolo Onofri, Anna Stagni, Alberto Quadrio Curzio, Omar Hamouda, Rainer Masera, Carlo D'Adda, Riccardo Cesari, Robert M. Solow, Mauro Baranzini, Piero Ferri, Kumaraswamy Vela Velupillai, Harald Hagemann, Erich Streissler, Mario Amendola, Jean-Luc Gaffard
situations in which standard tools of decision theory cannot be used. It moves beyond the classical distinction between risk and uncertainty, and suggests that most problems involving strategic choices in the face of fundamental uncertainty
involve a conceptual and methodological shift addressing the interface between quantitative and qualitative assessment.
The volume takes an interdisciplinary approach and provides a framework to explore fundamental uncertainty from the point of view of an extended conception of rationality. It examines topics such as rationality and commitment, weight of argument and probability structures, similarity theory, reasoning with natural languages, economic decisions and moral judgement in view of uncertain outcomes.
This book is an indispensable read for all interested in rationality, decision-making theory and behavioural economics.
The original contributions in this volume explore the manifold theoretical roots of traverse analysis in classical and post-classical literature, its features as a specific method of economic dynamics, and its applications in a variety of fields from monetary economics to development and international economics. The essays thereby focus on the ways ahead from Capital and Time that have been suggested and actively pursued by a number of scholars in recent years. Its central theme is the role of capital structures as critical factors in determining the actual dynamics of any given economic system. This volume is inspired by the belief that this state of affairs in capital theory is not a satisfactory one, and outlines a new agenda for capital theory. Contributors include Edwin Burmeister, Jean-Luc Gaffard and Heinz Kurz.
Talks by Roberto Scazzieri
Papers by Roberto Scazzieri