Luigi Spaventa

The paper introduces to the special issue of the journal, devoted to Luigi Spaventa, former board member and frequent contributor to the journal, Italian MP and minister of the Budget. While most obituaries and recollections of Spaventa focus on his academic or political activities, the author focuses here on Spaventa's contributions to economic theory, in particular the theory of capital and distribution, growth and dualism in development, international finance and the European Monetary System.