21210413-1 - History of economic ideas and facts - I mod.

This course aims to provide a basic understanding of the principle features of the transformational processes within international economics from the first industrial revolution to modern times, with particular attention for the Italian economy between the post-Second World War and contemporary periods.
At the end of the course, students must:
- possess a basic understanding of the chronology and nature of the development of European industrialized economies as well as that of their principle non-European counterparts from the end of the eighteenth century to the twentieth;
- be able to describe the historical and comparative contexts of the principle contemporary economic systems;
- be able to present the knowledge they have acquired using the correct terminology and concepts pertaining to the Economic history.
scheda docente | materiale didattico

Programma

PART ONE The first industrial revolution (1750-1850)
1. Society and economy in the pre-industrial period. The cognitive and agricultural revolutions
2. Economic development
3. The premises of the English industrial revolution: population
4. The premises of the English industrial revolution: agriculture
5. The premises of the English industrial revolution: transport and commerce
6. Leading industries and innovations in Great Britain
7. The English industrial revolution: the problems
8. The second: France and the United States

PART TWO The second industrial revolution (1850-1950)
9. The Stages of Growth (1850-1914)
10. The conditions for growth: population
11. The conditions for growth: transport, banks and money
12. Production activities
13. The big business
14. The industrialized countries: Great Britain and France
15. High-growth countries: Germany and the United States
16. Two special cases: Russia and Japan
17. The unification of Italy and the national economy
18. United Italy
19. The First World War and its aftermath
20. The Soviet Union
21. The Great Depression
22. Policies against depression

PART THREE THE CONTEMPORARY ECONOMY (1950-2017)
23. A new revolution: demographic problems
24. A new revolution: the productive sectors
25. The reconstruction of the world economy
26. From the Goden Age to the Crisis
27. Neoliberalism and globalization

PART FOUR. ITALY FROM 1945 TO TODAY
II. Reconstruction and open economy: the strategic choices of the years 1944-1953
III. The golden years of the second globalization: 1953-1973
IV. Italy and the end of the «Golden Age»: interventionist state and Made in Italy
V The challenges of the third globalization: 1992-2007
YOU. The Great Crisis of 2008

PART FIVE THE TRANSFORMATION OF INTERNATIONAL ECONOMIC EQUILIBRIA
33. The end of the planned economy: the Soviet Bloc
30. Developed economies: United States and Japan
34. The awakening of Asia
35. Latin America and Africa

In-depth studies on the history of economic ideas
Within the following volumes, parts will be identified to be used for the preparation of student works
Alessandro Roncaglia, The age of disintegration History of contemporary economic thought, Bari, Laterza Editors, 2019
Ernesto Screpanti and Stefano Zamagni Profile of the History of Economic Thought Contemporary developments Carocci editore 2004
B. Happelbaum, The time of economists. False prophets, the free market and the disintegration of society, Milan, Hoepli, 2019
Epstein, J. And Schor, J. “Macropolicy in the rise and fall of the Golden Age” in Gerald Epstein (2019) The Political Economy of Central Banking. Contested Control and the Power of Finance, Selected Essays of Gerald Epstein
De Vivo G. In the storm of the twentieth century. Antoni Gramsci and Piero Sraffa between political struggle and critical theory. Hoepli 2017
Carnazza, G. (2021) "The History of Public Debt in Italy" in Topics


THE TOPICS IDENTIFIED FOR THE IN-DEPTH WORKS ARE:
Topic 1: Milton Friedman and the end of Keynesian politics
Binyamin Appelbaum "The Time of the Economists: False Prophets, Free Markets and the Disruption of Society." Hoepli 2019 Part One Chapters 1,2,3,4.
Topic 2: The deregulation of the economy
Binyamin Appelbaum "The Time of the Economists: False Prophets, Free Markets and the Disruption of Society." Hoepli 2019 Part II chapters 5,6 and 7.
Topic 3: Neoliberalism and finance
Binyamin Appelbaum "The Time of the Economists: False Prophets, Free Markets and the Disruption of Society." Hoepli 2019 Part III.
Topic 4: Macroeconomic policies in the rise and fall of the Golden Age
Epstein, J. And Schor, J. Macropolicy in the rise and fall of the Golden Age in Gerald Epstein (2019) The Political Economy of Central Banking. Contested Control and the Power of Finance, Selected Essays of Gerald Epstein
Topic 5: The Fascist Corporate State. Piero Sraffa's Seminar in Cambridge.
The text of Sraffa's seminar is published translated into Italian, as an appendix to the volume:
De Vivo G. In the storm of the twentieth century. Antoni Gramsci and Piero Sraffa between political struggle and critical theory. Hoepli 2017
Topic 6: The myth of the invisible hand: neoliberalisms
Alessandro Roncaglia The age of disintegration History of contemporary economic thought Rome, Editori Laterza 2019 Chapter 7. The macroeconomics of the neoclassical synthesis and Chapter 8 The myth of the invisible hand: neoliberalisms
Topic 7: From efficient financial markets to crisis theory
Alessandro Roncaglia The age of disintegration History of contemporary economic thought Rome, Laterza Editors 2019
Chapter 7. The macroeconomics of the neoclassical synthesis
Chapter 11 From efficient financial markets to crisis theory
Topic 8: The History of Public Debt in Italy
Carnazza, G. (2021) "The History of Public Debt in Italy" in Topics

Testi Adottati

E. De Simone, Storia Economica. Dalla rivoluzione industriale alla rivoluzione informatica, Milano, Franco Angeli, 2019
P. Battilani, F. Fauri, L’economia italiana dal 1945 ad oggi, Bologna, Il Mulino, 2019

I lavori di approfondimento sulla storia delle idee economiche saranno preparati sulla base di parte dei seguenti testi
Alessandro Roncaglia, L’età della disgregazione Storia del pensiero economico contemporaneo, Bari, Editori Laterza, 2019
Ernesto Screpanti e Stefano Zamagni Profilo di Storia del Pensiero economico Gli sviluppi contemporanei Carocci editore 2004
B. Happelbaum, Il tempo degli economisti. Falsi profeti, libero mercato e disgregazione della società, Milano, Hoepli, 2019
Epstein, J. And Schor, J. “Macropolicy in the rise and fall of the Golden Age” in Gerald Epstein (2019) The Political Economy of Central Banking. Contested Control and the Power of Finance, Selected Essays of Gerald Epstein
De Vivo G. Nella bufera del Novecento. Antoni Gramsci e Piero Sraffa tra lotta politica e teoria critica. Hoepli 2017
Carnazza, G. (2021) “La Storia del Debito Pubblico in Italia” in Argomenti

Modalità Frequenza

Not compulsory

Modalità Valutazione

The evaluation will take place through an oral test consisting of questions on the program and on an in-depth work prepared by the student, individually or in groups, on one of the topics and according to the bibliography indicated in the program.