Piero Sraffa: 'monetary inflation in Italy during and after the war
Article Abstract:
For a state to be in a position to reduce its budget deficit, it should be able to restore paper money circulation without issuing new bank or currency notes. Increase of circulation by issuing notes ofa large denomination is preferrable as it does not cause any public inconvenience, at the same time realising substantial reduction in expenditures. Italy's economic problems prior to the European war are narrated.How the Italian government became the biggest debtor in order to finance the war and the immediate and long term effects of inflation on wholesale and retail prices are discussed.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
The disappearance of cooperatives from economics textbooks
Article Abstract:
Factors that cause the neglect of cooperatives in modern economics textbooks are analyzed. Economics textbooks from 1905 to 2005 were examined to determine changes in how cooperatives are viewed. Conclusions show that the change was caused by the paradigm shift from institutional to neoclassical analysis, and the potential of cooperatives in addressing social problems were neglected.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: High-tech competition and industrial restructuring in light of the single market. The first year of the eurosystm: inflation targeting or not?
- Abstracts: The macroeconomic effects of war finance in the United States: World War II and the Korean war. Why did productivity fall so much during the Great Depression?
- Abstracts: UK assessment. Learning organisations, lifelong learning and the mystery of the vanishing employers. Assessment
- Abstracts: Corporate social responsibility communication: stakeholder information, response and involvement strategies. Economic contracts versus social relationships as a foundation for normative stakeholder theory
- Abstracts: Horizontalism: a critique. Piero Sraffa on utility and the 'subjective method' in the 1920s: a tentative appraisal of Sraffa's unpublished manuscripts