Luigi Ceriani (1912-1999) was the founder of Moneta e Credito and BNL Quarterly Review, and their editor for the first forty years of their lives. The article illustrates his life history, in particular his role in the founding and in the successive life of the two journals as well as in the...

Luigi Ceriani (1912-1999) was the founder of Moneta e Credito and Banca Nazionale del Lavoro Quarterly Review, and their editor for the first forty years of their lives. The article illustrates his life history, in particular his role in the founding and in the successive life of the two...

After recalling the financial origin of the crisis and the persistent worldwide fragility of the financial sector, and after citing papers which before 2007 had pointed out the elements of systemic fragility of the US and world economy, the paper illustrates the cultural roots of the crisis,...

Mainstream views concerning the uselessness or usefulness of HET are illustrated. These rely on a hidden assumption: a ‘cumulative view' according to which the provisional point of arrival of contemporary economics incorporates all previous contributions in an improved way. Critiques of...

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...

The article introduces to the new issue of the journal by putting into context the various articles contained therein. It specifically deals with the recent changes of opinion and approach on the side of the IMF and several economists concerning fiscal policy and the appropriate response to the...

The article is part of the special issue of the journal, including the proceedings of the conference "Albert Hirschman scienziato sociale" held in Rome at the Accademia Nazionale dei Lincei. The author briefly recalls Hirschman's many relations to Italy: both family and professional and academic...

The article is an introduction to the new issue of the Journal. It provides an overview of the current economic and financial situation and summarises the main topics dealt with by the following articles. Retrenchment of public expenditure is once again being called for by international agencies...

Most interpreters agree that Keynes had a wide-ranging, complex, 'vision of the world', which underlies his theoretical contributions. Whenever this is forgotten, as happens in the so-called neoclassical synthesis, not only the original Keynesian spirit goes lost but also, and especially, we...