Rodolfo Signorino - Academia.edu (original) (raw)

Rodolfo Signorino

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Papers by Rodolfo Signorino

Research paper thumbnail of Adam Smith on Monopoly Theory. Making good a lacuna

Scottish Journal of Political Economy, 2012

Research paper thumbnail of Consumption patterns, development and growth: Adam Smith, David Ricardo and Thomas Robert Malthus

Http Dx Doi Org 10 1080 0967256032000043779, Oct 18, 2010

In this paper we combine the classical analysis of luxury consumption with the classical theories... more In this paper we combine the classical analysis of luxury consumption with the classical theories of development and growth. We also focus on the role played, within classical economics, by institutional factors such as the structure of property rights and contractual arrangements in determining consumption patterns and investment in agriculture. In particular, we show that Ricardo's and Malthus' different views on the role of consumption expenditure in promoting growth depend on Ricardo's acceptance (Malthus' refusal) of ...

Research paper thumbnail of The Malthus versus Ricardo 1815 Corn Laws Controversy: An appraisal

Research paper thumbnail of Natural Wage Dynamics in a Ricardian Growth Model

retained the important operative principle that in any given social and cultural environment ther... more retained the important operative principle that in any given social and cultural environment there is a "natural rate of wages" at which alone population could remain stationary and from which wages can only deviate temporarily. The hypothesis of an infinitely elastic supply curve of labour thus did not necessarily imply that this supply price must be equal to the bare minimum of subsistence. Yet this assumption was inconsistent with another (implied) feature of his model discussed below, that wages are not only fixed in terms of "corn" but are enterely (or almost entirely) spent on corn. (Kaldor 1956, p. 85 footnote 1, first emphasis is ours).

Research paper thumbnail of How to pay for the war in times of imperfect commitment: Adam Smith and David Ricardo on the sinking fund

The European Journal of the History of Economic Thought, 2014

Research paper thumbnail of Old lady charm: a comment

I start from Nicola Giocoli’s acute rational reconstruction of current US antitrust debate which ... more I start from Nicola Giocoli’s acute rational reconstruction of current US antitrust debate which shows that there really is no shortage of plausible explanations to the Chicago persistent appeal puzzle. Each explanation, taken in isolation, is, at best, only partial. In my view, the persistent appeal of Chicago antitrust owes much to the enduring grip of the equilibrium end-state notion of competition within top US Economics Departments and to the (alleged) resilience of market competition, absent entry/exit barriers, in the face of Type II Errors committed by antitrust Agencies.

Research paper thumbnail of From stationary state to endogenous growth: international trade in the mathematical formulation of the Ricardian system

Cambridge Journal of Economics, 2015

Research paper thumbnail of Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws

History of Political Economy, 2015

Research paper thumbnail of Economics in the Mirror of the Financial Crisis

The Global Financial Crisis, 2011

Research paper thumbnail of of the Manuscript: Chicago and US Antitrust: a Note on an Enduring Love Story

Research paper thumbnail of Sraffa or An Alternative Economics, ed. by Guglielmo Chiodi and Leonardo Ditta, Houndmills, Basingstoke and New York, Palgrave Macmillan, 2008, pp. x+ 300

Research paper thumbnail of Price Theory and US Antitrust: a Note on an Enduring Legal Doctrine

Research paper thumbnail of Piero Srafla’s Lectures on the Advanced Theory of Value 1928—31 and the Rediscovery 0f the Classical Approach

Research paper thumbnail of The Malthus versus Ricardo 1815 Corn Laws Controversy: An appraisal

Research paper thumbnail of 5 Piero Sraffa: economic reality, the economist and economic theory

Research paper thumbnail of La critica di Piero Sraffa alla teoria marshalliana del valore negli anni venti. Una prospettiva metodologica

Research paper thumbnail of Income Distribution and Consumption Patterns in a Classical Growth Model

Research paper thumbnail of Adam Smith on Monopoly Theory. Making good a lacuna

Scottish Journal of Political Economy, 2014

Research paper thumbnail of On the Limits to the Long-Period Method in Classical Economics: A note

Review of Political Economy, 2001

On a first reading of Theory of Production, Kurz & Salvadori (1995) appear to con... more On a first reading of Theory of Production, Kurz & Salvadori (1995) appear to confine the empirical domain of the long-period models of the classical theory of value and distribution to stationary economies with non-constant returns to scale and to growing economies with constant returns to scale. Such a reading is shown to be untenable since it merges the two levels of exploring the extension of a model and of testing a theoretical hypothesis. Conversely, the way Kurz & Salvadori tackle the problems of price dynamics and returns ...

Research paper thumbnail of Piero Sraffa's lectures on the advanced theory of value 1928–31 and the rediscovery of the classical approach

Review of Political Economy, 2005

Abstract Sraffa's Lectures on the Advanced Theory of Value 1928–1931 and his... more Abstract Sraffa's Lectures on the Advanced Theory of Value 1928–1931 and his two preparatory Notes of summer and November 1927 provide a wealth of material, up to now unpublished, for a reconstruction of the early stage of his inquiry into the cognate fields of pure economic theory and its history. The three manuscripts show that in the late 1920s Sraffa rejected the Marshallian constant-cost interpretation of classical economics, an interpretation to which he had adhered in his 1925 and 1926 papers. Moreover, in the ...

Research paper thumbnail of Adam Smith on Monopoly Theory. Making good a lacuna

Scottish Journal of Political Economy, 2012

Research paper thumbnail of Consumption patterns, development and growth: Adam Smith, David Ricardo and Thomas Robert Malthus

Http Dx Doi Org 10 1080 0967256032000043779, Oct 18, 2010

In this paper we combine the classical analysis of luxury consumption with the classical theories... more In this paper we combine the classical analysis of luxury consumption with the classical theories of development and growth. We also focus on the role played, within classical economics, by institutional factors such as the structure of property rights and contractual arrangements in determining consumption patterns and investment in agriculture. In particular, we show that Ricardo's and Malthus' different views on the role of consumption expenditure in promoting growth depend on Ricardo's acceptance (Malthus' refusal) of ...

Research paper thumbnail of The Malthus versus Ricardo 1815 Corn Laws Controversy: An appraisal

Research paper thumbnail of Natural Wage Dynamics in a Ricardian Growth Model

retained the important operative principle that in any given social and cultural environment ther... more retained the important operative principle that in any given social and cultural environment there is a "natural rate of wages" at which alone population could remain stationary and from which wages can only deviate temporarily. The hypothesis of an infinitely elastic supply curve of labour thus did not necessarily imply that this supply price must be equal to the bare minimum of subsistence. Yet this assumption was inconsistent with another (implied) feature of his model discussed below, that wages are not only fixed in terms of "corn" but are enterely (or almost entirely) spent on corn. (Kaldor 1956, p. 85 footnote 1, first emphasis is ours).

Research paper thumbnail of How to pay for the war in times of imperfect commitment: Adam Smith and David Ricardo on the sinking fund

The European Journal of the History of Economic Thought, 2014

Research paper thumbnail of Old lady charm: a comment

I start from Nicola Giocoli’s acute rational reconstruction of current US antitrust debate which ... more I start from Nicola Giocoli’s acute rational reconstruction of current US antitrust debate which shows that there really is no shortage of plausible explanations to the Chicago persistent appeal puzzle. Each explanation, taken in isolation, is, at best, only partial. In my view, the persistent appeal of Chicago antitrust owes much to the enduring grip of the equilibrium end-state notion of competition within top US Economics Departments and to the (alleged) resilience of market competition, absent entry/exit barriers, in the face of Type II Errors committed by antitrust Agencies.

Research paper thumbnail of From stationary state to endogenous growth: international trade in the mathematical formulation of the Ricardian system

Cambridge Journal of Economics, 2015

Research paper thumbnail of Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws

History of Political Economy, 2015

Research paper thumbnail of Economics in the Mirror of the Financial Crisis

The Global Financial Crisis, 2011

Research paper thumbnail of of the Manuscript: Chicago and US Antitrust: a Note on an Enduring Love Story

Research paper thumbnail of Sraffa or An Alternative Economics, ed. by Guglielmo Chiodi and Leonardo Ditta, Houndmills, Basingstoke and New York, Palgrave Macmillan, 2008, pp. x+ 300

Research paper thumbnail of Price Theory and US Antitrust: a Note on an Enduring Legal Doctrine

Research paper thumbnail of Piero Srafla’s Lectures on the Advanced Theory of Value 1928—31 and the Rediscovery 0f the Classical Approach

Research paper thumbnail of The Malthus versus Ricardo 1815 Corn Laws Controversy: An appraisal

Research paper thumbnail of 5 Piero Sraffa: economic reality, the economist and economic theory

Research paper thumbnail of La critica di Piero Sraffa alla teoria marshalliana del valore negli anni venti. Una prospettiva metodologica

Research paper thumbnail of Income Distribution and Consumption Patterns in a Classical Growth Model

Research paper thumbnail of Adam Smith on Monopoly Theory. Making good a lacuna

Scottish Journal of Political Economy, 2014

Research paper thumbnail of On the Limits to the Long-Period Method in Classical Economics: A note

Review of Political Economy, 2001

On a first reading of Theory of Production, Kurz & Salvadori (1995) appear to con... more On a first reading of Theory of Production, Kurz & Salvadori (1995) appear to confine the empirical domain of the long-period models of the classical theory of value and distribution to stationary economies with non-constant returns to scale and to growing economies with constant returns to scale. Such a reading is shown to be untenable since it merges the two levels of exploring the extension of a model and of testing a theoretical hypothesis. Conversely, the way Kurz & Salvadori tackle the problems of price dynamics and returns ...

Research paper thumbnail of Piero Sraffa's lectures on the advanced theory of value 1928–31 and the rediscovery of the classical approach

Review of Political Economy, 2005

Abstract Sraffa's Lectures on the Advanced Theory of Value 1928–1931 and his... more Abstract Sraffa's Lectures on the Advanced Theory of Value 1928–1931 and his two preparatory Notes of summer and November 1927 provide a wealth of material, up to now unpublished, for a reconstruction of the early stage of his inquiry into the cognate fields of pure economic theory and its history. The three manuscripts show that in the late 1920s Sraffa rejected the Marshallian constant-cost interpretation of classical economics, an interpretation to which he had adhered in his 1925 and 1926 papers. Moreover, in the ...

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