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Research paper thumbnail of The Universal Language of Economics: où-logòs or éu-logòs?

Contributions to economics, Dec 31, 2022

Research paper thumbnail of La diffusione della scienza economica come strumento di propaganda liberale : L'Economista (1874-1881)

Research paper thumbnail of Internazionalizzazione ed innovazione tecnologica nella Milano ottocentesca. Gli imprenditori tedeschi Kramer e Mylius

Research paper thumbnail of Economic Thought and History

Research paper thumbnail of Suzanne L. Marchand Porcelain: A History from the Heart of Europe Princeton: Princeton University Press, 2020. Pp. 544

Austrian History Yearbook, Mar 30, 2023

Research paper thumbnail of Economic culture and the role of economists

Research paper thumbnail of Economic crisis and new nationalisms : German political economy as perceived by European partners

P.I.E. P. Lang eBooks, 2014

ABSTRACT As of a consequence of the ongoing economic crisis, in 2010 there was a marked deteriora... more ABSTRACT As of a consequence of the ongoing economic crisis, in 2010 there was a marked deterioration in cross-border relations between Italy and Germany. In both countries the press published articles openly blaming economic hardship on the squandering attitude of southerners or the egoistic and mercantilist policies of northerners. The reigning confusion among economists, split between pro-and anti-Euro positions in both countries, could do nothing to counter this growing wave of populist nationalism. Out of this situation grew the idea of a organizing a conference to discuss the theoretical issues implied by recent economic policy debates, purging them of ideological and nationalistic overtones. This volume publishes the proceedings of the resulting international colloquium, «Economic crisis and new nationalisms: German economic policy as perceived by European partners», which was organized by the Foundation Cesifin Alberto Predieri and held in Florence in November 2012

Research paper thumbnail of Impreditori tedeschi della Lombardia primo Ottocento: Spririto mercantile, capitale sociale ed industrializzazione

Rivista di storia economica, 2007

Research paper thumbnail of An aristocratic enterprise: The Ginori porcelain manufactory (1735–1896)

Routledge eBooks, Feb 7, 2023

This study analyses the history of the Ginori porcelain manufactory, from its foundation owing to... more This study analyses the history of the Ginori porcelain manufactory, from its foundation owing to the entrepreneurial effort of the marquis Carlo Ginori in the 1730s to the merger with the 'Società Ceramica Richard' in 1896. The aristocratic entrepreneurship marked the manufactory with some atypical traits in accountancy, administration, succession, and strategic decisions that persisted for all the century and a half during which it remained in the hands of the Ginori family. The history of the Ginori manufactory so highlights a kind of entrepreneurship neglected by historiography. The foundation of the Ginori manufactory At the origin of the Ginori manufactory was the entrepreneurial idea developed by the scion of one of the leading aristocratic families of Tuscany: Carlo Ginori (1702-1757). Educated by Jesuits to become one of the advisors of the Medici family in the government of Tuscany, Carlo was also valued and respected by Francesco Lorena, who took over the Grand Duchy in 1737. Immediately appointed in the Consiglio di Reggenza, Carlo Ginori was responsible for the finances of the state and as such the most powerful Tuscan representative in the local government. To limit his growing influence, feared by Austrian envoys and officials, in 1746 Carlo was finally sent as governor to the port city of Leghorn, where he died in 1757. The education received by Carlo also included an enlightened pursuit of scientific interests, and chemistry became a veritable passion for the marquis. In his Florentine palace he set up a laboratory comparable to the ones of the most skilful alchemists of the time. Hence the interest in porcelain, whose manufacturing secret, sought after by Jesuits in China for a long time, was considered one of the most precious formulae of alchemy. The kick-off of the manufacturing activity can be dated to 1737, when Carlo Ginori relocated the experiments on porcelain to Doccia, the villa of the family estate situated in Sesto Fiorentino, a few miles away from Florence. At that time, he had finalised his own recipe for porcelain and thanks to a journey to Vienna he had also been able to acquire the services of skilled personnel from the local porcelain manufactory (

Research paper thumbnail of Merchants and the new Catholic view on the economy

Routledge eBooks, Sep 20, 2021

Research paper thumbnail of Besieging The French Liberal Fortress: the Diffusion of Italian and German Economic Thought in the Last Quarter of the 19th Century

Rivista di storia economica, 2014

The outcome of the Franco-Prussian war and the unification of Germanyirreversibly altered Europe&... more The outcome of the Franco-Prussian war and the unification of Germanyirreversibly altered Europe's political equilibrium and with it theideological predominance of French culture on the Continent. This wasparticularly true for the young economic science. The predominance ofAnglo-French economic liberalism had had its culmination in 1860 withthe Cobden Chevalier Treaty, sanctioning not only the commitment ofGreat Britain and France to free trade but also the proximity of their traditions in economic thought. The emergence, though, in the subsequent decade of new national bodies in Italy and Germany brought to the forefrontthe necessity to justify institutional changes and profound reforms inlaw and polities, a feat done summoning the historical evolution of societies more than endorsing individual freedom. Eisenach was the German answer, Milan the Italian one. Both congresses, held in 1872 and 1875 respectively, harshly condemned the inhuman working conditions, for women and children, entailed in the industrialization process and consequently invoked the intervention of the State in the name of moral principles. Contingency was so the excuse of pervading policies that could be adapted to different situations in space and time. Liberalists could not accept such turn in economic science. Across borders, alarmed reviews of the two Congresses were printed, translated and commented, journals were even founded with the intent to refute or diffuse the new theories. The ensuing "Methodenstreit" became a powerful means to diffuse economic thinking in the whole of Europe, stimulating international reviewing of economic books and articles and the translation of economic texts.

Research paper thumbnail of Business Forms, Capital Democratization and Innovation in a Merchant Economy Milan in the 1850s

Rivista di storia economica, 2011

The paper is based on extensive research done in Milan's Chamber of Commerce. The resulting d... more The paper is based on extensive research done in Milan's Chamber of Commerce. The resulting database of 176 founding acts of businesses registered in the 1850s allows an unique insight in the functioning mechanisms of Lombardy's economy: how liquidity was collected and distributed, how partnerships were formed, inside which social circles were partners found, how much kinship ties determined business decisions, what criteria proved relevant in the investment decision making processes, how were innovation and entrepreneurship rewarded. Based on the richness of the data collected several conclusions were drawn on business forms, partners characteristics and innovation. The picture emerging from the sample vindicates the capacity of Milan's merchant elite to foster innovation through the efficient allocation of capital and the creation of entrepreneurial capital, averting at the same time disastrous financial crises: the solid base of the successive development of the region.

Research paper thumbnail of Economics as a Comparative Science from the Historical School to Otto Neurath

Research paper thumbnail of Carlo Lorenzini e la pedagogia illuminista

Studi sulla Formazione/Open Journal of Education, 2018

This essay analyses several writings of Carlo Lorenzini, published on journals, newspapers and co... more This essay analyses several writings of Carlo Lorenzini, published on journals, newspapers and collections, reconstructing the enlightened pedagogical principles applied in composing his masterpiece, The Adventures of Pinocchio, and also his assumptions in regard the path of history and the role of education in the bettering of society. The process of humanization of Pinocchio will also be represented as the experience of all children, aged eight to twelve, on the verge of adulthood in the land of freedom of choice and morality building. Lastly, the work of Lorenzini will be contextualised in the history of Tuscany in the decades of Italy's unification, showing the disappointment of Lorenzini with the results of the institutionalisation process of the new state, harming the freedom of its citizen, not least by imposing bourgeois values through compulsory education.

Research paper thumbnail of Crises and Merchant Networks in the nineteenth century: The Case of German Networks in Lombardy

Historical Review, Dec 13, 2013

During the nineteenth century in Continental Europe, merchant networks founded enterprises wherev... more During the nineteenth century in Continental Europe, merchant networks founded enterprises wherever comparative or absolute advantages related to natural resources or workers' capabilities, but also changing economic policies, made it profitable. Incessantly comparing the cost-effectiveness of investments, merchant networks enhanced the efficiency of the entire economic system, but also favoured innovation, introducing technological advancements when feasible and potentially remunerative. At the same time, though, economic crises, more and more dependent on manufacturing and less on agricultural cycles, became manifest and an object of theoretical debate. The paper analyzes how merchant networks envisioned economic crises, if at all, and how the economic decision processes of such organizational structures responded to them. It will be ascertained that, more than sectorial imbalances and insufficient demand, the crisis that merchants really feared was the end of credibility and thus of access to credit. Personal failure could dramatically reduce the level of trust, depriving the merchant system of its functioning principle. The chosen framework of analysis describes the actual economic decision process, on which the distribution of production depended, and its relation to economic cycles. These in England, and these only, are called merchants, by way of honourable distinction."

Research paper thumbnail of Sophus A. Reinert. The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy

The American Historical Review, Dec 1, 2020

Research paper thumbnail of Firenze e l'Europa liberale : L'Economista , 1874-81

Research paper thumbnail of Between history and theory: Otto Neurath’s economics from 1906 to 1917

ABSTRACT The 1980s witnessed a renewed interest in the Wiener Kreis and logical empiricism . New ... more ABSTRACT The 1980s witnessed a renewed interest in the Wiener Kreis and logical empiricism . New historiographical accounts were dedicated to its principal components and their works have been widely republished. Among them also one of the most controversial adherents to the first Vienna circle: Otto Neurath (1882-1945) . Once stigmatized as a volcanic revolutionary, poor in theory as rich in reforming enthusiasm, Neurath has been rediscovered as an astonishingly modern theorist of the philosophy of science, capable of anticipating the much later positions of Kuhn and Feyerabend. Neurath’s role as an economist, though, has been much more neglected, even if recently his economic writings have been republished and partially translated in English . A quite astonishing occurrence, given that Neurath begun his scientific and academic career as an economist with an outstanding curriculum and participated in all debates of his time, discussing in depth central themes from the theory of value, to the method of social sciences, from the normative content of economics to the possibility of socialist calculation, to quote just the most renown. Due to the vehemence of these debates, contemporaries judged Neurath’s accomplishments rather with contempt than appreciation. Nonetheless the silence of historiography for most of the remaining twentieth century is not easily understandable, particularly in the field of economic thought. The main difficulty in evaluating Neurath’s economic theory lies in his radical redefinition of the economic science as such, based on his empiricist, or better even ‘physicalist’, approach. The first section of this paper will so be dedicated to briefly introduce Neurath’s idea of science and of the role scientists should have in society. How his epistemology resulted from of his experience in reforming economic science in the first decades of the twentieth century will also be briefly illustrated. The second section of the paper will then relate how Neurath, in the course of the years comprised between the publication of his doctoral dissertation in 1906 and his essay on Das Begriffsgebäude der Wirtschaftslehre und seine Grundlagen in 1917, completely revolutionized the idea of economics, refuting both the approach of the historical school represented by Gustav Schmoller, one of his supervisors in Berlin, and the sistematic of the school of Vienna he already attacked participating to the seminar held by Eugen von Böhm-Bawerk in 1906. Neurath so redefined economics in an holistic effort to reduce to unity all the opposing positions inflaming the economic debates of those troubled years, giving life to a science that could equally make space for abstracting models and empirical verification; a science that applied the same methodology to the study of a market economy and of socialization processes; a science that could comprise List’s cosmopolitan economy as a contemporary war economy. Although being quite revolutionary in its outcome, Neurath’s definition of economics rested heavily on the past of the discipline. In his view, no science could and should be rebuild completely, starting with a tabula rasa. From Aristotle to Smith, from Quesnay to Sismondi, all economists had still something useful to contribute to the advancement of science. What once had been cast away could find new validity in some novel form or in a restricted field. History was so an indispensable part of the economist’s toolkit. As described in the paper, many features of Neurath’s economics reveal today a striking modernity, justifying the necessity of a new and more complete evaluation of his role in the history of economic thought.

Research paper thumbnail of Between history and theory

Research paper thumbnail of Introduction 1

Economic Thought and History, 2016

Research paper thumbnail of The Universal Language of Economics: où-logòs or éu-logòs?

Contributions to economics, Dec 31, 2022

Research paper thumbnail of La diffusione della scienza economica come strumento di propaganda liberale : L'Economista (1874-1881)

Research paper thumbnail of Internazionalizzazione ed innovazione tecnologica nella Milano ottocentesca. Gli imprenditori tedeschi Kramer e Mylius

Research paper thumbnail of Economic Thought and History

Research paper thumbnail of Suzanne L. Marchand Porcelain: A History from the Heart of Europe Princeton: Princeton University Press, 2020. Pp. 544

Austrian History Yearbook, Mar 30, 2023

Research paper thumbnail of Economic culture and the role of economists

Research paper thumbnail of Economic crisis and new nationalisms : German political economy as perceived by European partners

P.I.E. P. Lang eBooks, 2014

ABSTRACT As of a consequence of the ongoing economic crisis, in 2010 there was a marked deteriora... more ABSTRACT As of a consequence of the ongoing economic crisis, in 2010 there was a marked deterioration in cross-border relations between Italy and Germany. In both countries the press published articles openly blaming economic hardship on the squandering attitude of southerners or the egoistic and mercantilist policies of northerners. The reigning confusion among economists, split between pro-and anti-Euro positions in both countries, could do nothing to counter this growing wave of populist nationalism. Out of this situation grew the idea of a organizing a conference to discuss the theoretical issues implied by recent economic policy debates, purging them of ideological and nationalistic overtones. This volume publishes the proceedings of the resulting international colloquium, «Economic crisis and new nationalisms: German economic policy as perceived by European partners», which was organized by the Foundation Cesifin Alberto Predieri and held in Florence in November 2012

Research paper thumbnail of Impreditori tedeschi della Lombardia primo Ottocento: Spririto mercantile, capitale sociale ed industrializzazione

Rivista di storia economica, 2007

Research paper thumbnail of An aristocratic enterprise: The Ginori porcelain manufactory (1735–1896)

Routledge eBooks, Feb 7, 2023

This study analyses the history of the Ginori porcelain manufactory, from its foundation owing to... more This study analyses the history of the Ginori porcelain manufactory, from its foundation owing to the entrepreneurial effort of the marquis Carlo Ginori in the 1730s to the merger with the 'Società Ceramica Richard' in 1896. The aristocratic entrepreneurship marked the manufactory with some atypical traits in accountancy, administration, succession, and strategic decisions that persisted for all the century and a half during which it remained in the hands of the Ginori family. The history of the Ginori manufactory so highlights a kind of entrepreneurship neglected by historiography. The foundation of the Ginori manufactory At the origin of the Ginori manufactory was the entrepreneurial idea developed by the scion of one of the leading aristocratic families of Tuscany: Carlo Ginori (1702-1757). Educated by Jesuits to become one of the advisors of the Medici family in the government of Tuscany, Carlo was also valued and respected by Francesco Lorena, who took over the Grand Duchy in 1737. Immediately appointed in the Consiglio di Reggenza, Carlo Ginori was responsible for the finances of the state and as such the most powerful Tuscan representative in the local government. To limit his growing influence, feared by Austrian envoys and officials, in 1746 Carlo was finally sent as governor to the port city of Leghorn, where he died in 1757. The education received by Carlo also included an enlightened pursuit of scientific interests, and chemistry became a veritable passion for the marquis. In his Florentine palace he set up a laboratory comparable to the ones of the most skilful alchemists of the time. Hence the interest in porcelain, whose manufacturing secret, sought after by Jesuits in China for a long time, was considered one of the most precious formulae of alchemy. The kick-off of the manufacturing activity can be dated to 1737, when Carlo Ginori relocated the experiments on porcelain to Doccia, the villa of the family estate situated in Sesto Fiorentino, a few miles away from Florence. At that time, he had finalised his own recipe for porcelain and thanks to a journey to Vienna he had also been able to acquire the services of skilled personnel from the local porcelain manufactory (

Research paper thumbnail of Merchants and the new Catholic view on the economy

Routledge eBooks, Sep 20, 2021

Research paper thumbnail of Besieging The French Liberal Fortress: the Diffusion of Italian and German Economic Thought in the Last Quarter of the 19th Century

Rivista di storia economica, 2014

The outcome of the Franco-Prussian war and the unification of Germanyirreversibly altered Europe&... more The outcome of the Franco-Prussian war and the unification of Germanyirreversibly altered Europe's political equilibrium and with it theideological predominance of French culture on the Continent. This wasparticularly true for the young economic science. The predominance ofAnglo-French economic liberalism had had its culmination in 1860 withthe Cobden Chevalier Treaty, sanctioning not only the commitment ofGreat Britain and France to free trade but also the proximity of their traditions in economic thought. The emergence, though, in the subsequent decade of new national bodies in Italy and Germany brought to the forefrontthe necessity to justify institutional changes and profound reforms inlaw and polities, a feat done summoning the historical evolution of societies more than endorsing individual freedom. Eisenach was the German answer, Milan the Italian one. Both congresses, held in 1872 and 1875 respectively, harshly condemned the inhuman working conditions, for women and children, entailed in the industrialization process and consequently invoked the intervention of the State in the name of moral principles. Contingency was so the excuse of pervading policies that could be adapted to different situations in space and time. Liberalists could not accept such turn in economic science. Across borders, alarmed reviews of the two Congresses were printed, translated and commented, journals were even founded with the intent to refute or diffuse the new theories. The ensuing "Methodenstreit" became a powerful means to diffuse economic thinking in the whole of Europe, stimulating international reviewing of economic books and articles and the translation of economic texts.

Research paper thumbnail of Business Forms, Capital Democratization and Innovation in a Merchant Economy Milan in the 1850s

Rivista di storia economica, 2011

The paper is based on extensive research done in Milan's Chamber of Commerce. The resulting d... more The paper is based on extensive research done in Milan's Chamber of Commerce. The resulting database of 176 founding acts of businesses registered in the 1850s allows an unique insight in the functioning mechanisms of Lombardy's economy: how liquidity was collected and distributed, how partnerships were formed, inside which social circles were partners found, how much kinship ties determined business decisions, what criteria proved relevant in the investment decision making processes, how were innovation and entrepreneurship rewarded. Based on the richness of the data collected several conclusions were drawn on business forms, partners characteristics and innovation. The picture emerging from the sample vindicates the capacity of Milan's merchant elite to foster innovation through the efficient allocation of capital and the creation of entrepreneurial capital, averting at the same time disastrous financial crises: the solid base of the successive development of the region.

Research paper thumbnail of Economics as a Comparative Science from the Historical School to Otto Neurath

Research paper thumbnail of Carlo Lorenzini e la pedagogia illuminista

Studi sulla Formazione/Open Journal of Education, 2018

This essay analyses several writings of Carlo Lorenzini, published on journals, newspapers and co... more This essay analyses several writings of Carlo Lorenzini, published on journals, newspapers and collections, reconstructing the enlightened pedagogical principles applied in composing his masterpiece, The Adventures of Pinocchio, and also his assumptions in regard the path of history and the role of education in the bettering of society. The process of humanization of Pinocchio will also be represented as the experience of all children, aged eight to twelve, on the verge of adulthood in the land of freedom of choice and morality building. Lastly, the work of Lorenzini will be contextualised in the history of Tuscany in the decades of Italy's unification, showing the disappointment of Lorenzini with the results of the institutionalisation process of the new state, harming the freedom of its citizen, not least by imposing bourgeois values through compulsory education.

Research paper thumbnail of Crises and Merchant Networks in the nineteenth century: The Case of German Networks in Lombardy

Historical Review, Dec 13, 2013

During the nineteenth century in Continental Europe, merchant networks founded enterprises wherev... more During the nineteenth century in Continental Europe, merchant networks founded enterprises wherever comparative or absolute advantages related to natural resources or workers' capabilities, but also changing economic policies, made it profitable. Incessantly comparing the cost-effectiveness of investments, merchant networks enhanced the efficiency of the entire economic system, but also favoured innovation, introducing technological advancements when feasible and potentially remunerative. At the same time, though, economic crises, more and more dependent on manufacturing and less on agricultural cycles, became manifest and an object of theoretical debate. The paper analyzes how merchant networks envisioned economic crises, if at all, and how the economic decision processes of such organizational structures responded to them. It will be ascertained that, more than sectorial imbalances and insufficient demand, the crisis that merchants really feared was the end of credibility and thus of access to credit. Personal failure could dramatically reduce the level of trust, depriving the merchant system of its functioning principle. The chosen framework of analysis describes the actual economic decision process, on which the distribution of production depended, and its relation to economic cycles. These in England, and these only, are called merchants, by way of honourable distinction."

Research paper thumbnail of Sophus A. Reinert. The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy

The American Historical Review, Dec 1, 2020

Research paper thumbnail of Firenze e l'Europa liberale : L'Economista , 1874-81

Research paper thumbnail of Between history and theory: Otto Neurath’s economics from 1906 to 1917

ABSTRACT The 1980s witnessed a renewed interest in the Wiener Kreis and logical empiricism . New ... more ABSTRACT The 1980s witnessed a renewed interest in the Wiener Kreis and logical empiricism . New historiographical accounts were dedicated to its principal components and their works have been widely republished. Among them also one of the most controversial adherents to the first Vienna circle: Otto Neurath (1882-1945) . Once stigmatized as a volcanic revolutionary, poor in theory as rich in reforming enthusiasm, Neurath has been rediscovered as an astonishingly modern theorist of the philosophy of science, capable of anticipating the much later positions of Kuhn and Feyerabend. Neurath’s role as an economist, though, has been much more neglected, even if recently his economic writings have been republished and partially translated in English . A quite astonishing occurrence, given that Neurath begun his scientific and academic career as an economist with an outstanding curriculum and participated in all debates of his time, discussing in depth central themes from the theory of value, to the method of social sciences, from the normative content of economics to the possibility of socialist calculation, to quote just the most renown. Due to the vehemence of these debates, contemporaries judged Neurath’s accomplishments rather with contempt than appreciation. Nonetheless the silence of historiography for most of the remaining twentieth century is not easily understandable, particularly in the field of economic thought. The main difficulty in evaluating Neurath’s economic theory lies in his radical redefinition of the economic science as such, based on his empiricist, or better even ‘physicalist’, approach. The first section of this paper will so be dedicated to briefly introduce Neurath’s idea of science and of the role scientists should have in society. How his epistemology resulted from of his experience in reforming economic science in the first decades of the twentieth century will also be briefly illustrated. The second section of the paper will then relate how Neurath, in the course of the years comprised between the publication of his doctoral dissertation in 1906 and his essay on Das Begriffsgebäude der Wirtschaftslehre und seine Grundlagen in 1917, completely revolutionized the idea of economics, refuting both the approach of the historical school represented by Gustav Schmoller, one of his supervisors in Berlin, and the sistematic of the school of Vienna he already attacked participating to the seminar held by Eugen von Böhm-Bawerk in 1906. Neurath so redefined economics in an holistic effort to reduce to unity all the opposing positions inflaming the economic debates of those troubled years, giving life to a science that could equally make space for abstracting models and empirical verification; a science that applied the same methodology to the study of a market economy and of socialization processes; a science that could comprise List’s cosmopolitan economy as a contemporary war economy. Although being quite revolutionary in its outcome, Neurath’s definition of economics rested heavily on the past of the discipline. In his view, no science could and should be rebuild completely, starting with a tabula rasa. From Aristotle to Smith, from Quesnay to Sismondi, all economists had still something useful to contribute to the advancement of science. What once had been cast away could find new validity in some novel form or in a restricted field. History was so an indispensable part of the economist’s toolkit. As described in the paper, many features of Neurath’s economics reveal today a striking modernity, justifying the necessity of a new and more complete evaluation of his role in the history of economic thought.

Research paper thumbnail of Between history and theory

Research paper thumbnail of Introduction 1

Economic Thought and History, 2016

Research paper thumbnail of Florence: Capital of the Kingdom of Italy, 1865-71

"A fascinating account of Florentine life in the nineteenth century, and a snapshot of the city w... more "A fascinating account of Florentine life in the nineteenth century, and a snapshot of the city when it was the capital of Italy, this series of essays shows the city in all its delightful complexity, poised between tradition and modernity, political conservatism and cultural innovation. For lovers of Florence seeking to know more about the history of the modern city, and the material realities behind its Renaissance facade, this book is a must-read."
"This book provides a comprehensive history of Florence between 1865 and 1871. An encompassing introduction by one of the editors and 15 contributions show the profound and long-lasting changes resulting from the establishment of Florence as temporary capital of Italy. Readers will learn a lot from this illuminating text and its rich illustrations." Alain Alcouffe, Emeritus Professor, University of Toulouse, France Available to pre-order now! 35% off with this flyer! Hardback | 376 pp | December 2017 | 9781350013988 | £90.00 £58.50 This edited collection provides the first comprehensive history of Florence as the mid-19th century capital of the fledgling Italian nation. Covering various aspects of politics, economics, culture and society, this book examines the impact that the short-lived experience of becoming the political and administrative centre of the Kingdom of Italy had on the Tuscan city, both immediately and in the years that followed. It reflects upon the urbanising changes that affected the appearance of the city and the introduction of various economic and cultural innovations. The volume also analyses the crisis caused by the eventual relocation of the capital to Rome and the subsequent bankruptcy of the communality which hampered Florence on the long road to modernity. Florence: Capital of the Kingdom of Italy, 1865-71 is a fascinating study for all students and scholars of modern Italian history.

Research paper thumbnail of Business Cycles in Economic Thought. A History

This volume underlines how, over the time span of two centuries, economic thought interacted with... more This volume underlines how, over the time span of two centuries, economic thought interacted with cycles in a continuous renewal of theories and rethinking of policies, whilst economic actions embedded themselves into past economic thought. It argues that studying crises and periods of growth in different European countries will help
to understand how different national, political and cultural traditions influenced the complex interaction of economic cycles and economic theorizing. This is alongside a comprehensive outlook on the most relevant advances of economic theory in France, Germany and Italy, as well as coverage of non-European countries, such as the United
States.

Research paper thumbnail of Economic Thought and History. An Unresolved Relationship

Economic Thought and History looks at the relationship between facts and thought in historical ec... more Economic Thought and History looks at the relationship between facts and thought in historical economic research, viewing it in the context of periods of economic crisis and providing detailed analyses of methods used in determining the bond between economic history and economic theory. This interdisciplinary collection brings together international researchers in the history of economic thought and economic history in order to confront varying approaches to the study of economic facts and ideas, rethinking boundaries, methodologies and the object of their disciplines.

Research paper thumbnail of POLITICAL ECONOMY IN THE SALON OF EMILIA TOSCANELLI PERUZZI

Conference Paper, 2022

Emilia Toscanelli Peruzzi (1827-1900), from the high bourgeoisie of Pisa, married, in 1850, Ubald... more Emilia Toscanelli Peruzzi (1827-1900), from the high bourgeoisie of Pisa, married, in 1850, Ubaldino Peruzzi, scion of an ancient Florentine family, politically active in the Grand Duchy of Tuscany as in the later unified Italy. Conscious of her role in strengthening her husband's position, she immediately opened the salon of the Florentine mansion to politicians, literates, bankers and whomever she deemed might contribute to a lively discourse. Her correspondence followed up the discussions held in the salon and with its consistency of ten thousands of letters constitutes today a precious archival source for the understanding the critical role of salons in the Italian political and cultural scene of the second half of the nineteenth century. At that time the professionalisation of economists was still in its infancy and the salon Peruzzi was crucial in the formation of several young economists-lato sensu-who would later hold important positions in academia, in the administration of the Italian state and in major companies. While the case of Vilfredo Pareto has been researched, a general evaluation of the influence of Emilia Peruzzi on Italian political economy is still lacking.

Research paper thumbnail of AN ACTOR OF CHANGE: THE ENTREPRENEUR OF FRITZ REDLICH

Fritz L. Redlich (1892–1978), completed his degree in economics in Berlin in 1914 when the histor... more Fritz L. Redlich (1892–1978), completed his degree in economics in Berlin in 1914 when the historical school still dominated the field in the person of Gustav Schmoller. His PhD research was already dedicated to a business history study: the German tar industry, while his attempt at obtaining a teaching qualification based on a research on the historical and economic significance of advertisement. Redlich himself withdrew his dissertation after the Nazis seized power in 1933 and three years later left Germany for the United States. He taught in several universities and also served in the public administration, all the while writing on the American Steel and banking industries, supported and sponsored by Frank Taussig. A major breakthrough in his career was the call to participate in the work of the Research Center in Entrepreneurial History at Harvard University. There, in continuous confrontation with Schumpeter, Cole and many other researchers in matters of entrepreneurship, Redlich developed an interesting epistemological foundation for the newly-born business history. He distinguished between research on the actor and on the action. Entrepreneurs could be studied as an ideal type, in theory, as a real type, in analytical empirical research, and as simple businessman in case-studies and biographical reconstructions. The action of entrepreneurs could be researched in regard to the goals and meaning of their enterprises, to the economy as a whole and to the community at large. Entrepreneurs could interact with all of the three aforementioned spheres of action, influencing not only the profitability of their ventures but also the development of an economy or the well-being of a community. As such, researching entrepreneurship only from the theoretical point of view would be limitative for Redlich. Business history should also attempt to 'verstehen', becoming part of the social sciences. The paper will analyse the methodological works of Fritz Redlich and his participation to the lively debate on the scientific statute of business history along with A. D. Chandler, but also his researches on aristocratic entrepreneurship, a topic on which he coordinated an international research effort, and his historiographic recounts on the emergence and diffusion of business history in Germany and in the United States.

Research paper thumbnail of ECONOMICS AS A COMPARATIVE SCIENCE FROM THE HISTORICAL SCHOOL TO RECENT HETERODOX APPROACHES

The comparability of economies in time and space was taken for granted by many cataloguers and en... more The comparability of economies in time and space was taken for granted by many cataloguers and encyclopaedists in the centuries leading to enlightenment. The dawning thought of a development path of humanity put an end to such ingenuous comparisons. Along with the consciousness of the evolutionary nature of history, Europe developed the hubris of civilisation, condemning the rest of the world to an uncivilised backwardness. Comparisons became impossible, except for societies at the same stage of development. The study of economies suffered the same fate at the hand of all historicists who conceived complex models of growth in stages. Comparisons were allowed only by presuming the permanence of some characteristic of men or the existence of natural laws. While modern economics was funded on such assumptions, historicists became more and more sceptical about the possibility of comparisons over time: every event was unique. This profound difference in philosophical assumptions led to the famous debate between primitivists and modernists in respect to the study of ancient economies. Causality or contextualisation? That was the question. The paper will relate the nineteenth century discussion on the comparability of ancient and modern economies, extending the analysis to some heterodox economists of the twentieth century. Some
conclusions will be drawn on the possibility to construe in kind indexes of wealth, allowing fruitful comparisons of different institutional settings.

Research paper thumbnail of ECONOMIC THEORIES IN GERMANY IN THE 1920s

In the eclectic confusion spreading in German academia after the end of the hegemony of the histo... more In the eclectic confusion spreading in German academia after the end of the hegemony of the historical school following WWI, many authors and theories emerged that openly or overtly supported Hitler’s seizing of power and the Nazi regime. Organicist and sociological approaches lent a hand to the proclaimed supremacy of politics over economics and to an elitist view of state and economy. Aside from any moral judgement, these theories and theorists should be studied attentively to underline how many economic ideas that found a novel worldwide appreciation after the crisis of 2008 were instrumental in creating a wide popular support in favour of the Nazi regime during the 1920s.

Research paper thumbnail of THE GINORI FAMILY AND PORCELAIN 1735-1896

The present study analyses the history of the Ginori porcelain manufacture as the result of the e... more The present study analyses the history of the Ginori porcelain manufacture as the result of the entrepreneurial effort of the marquis Carlo Ginori, heir of a noble Florentine family (Paragraph 1). The Ginori family, at the time of Carlo’s birth, had already passed through enrichment, ennoblement to bankruptcy, migration, trade, and back to nobility and aristocratic pursuits in just a couple of centuries. Something of the merchant his father had been persisted in Carlo Ginori, but his political career for the Lorena government of Tuscany moulded his thought toward mercantilist policies. All the while, he managed his family’s possessions with excelling administrative capabilities, an experience he capitalised in the porcelain manufactory.
The peculiarity of the aristocratic entrepreneurship embodied by Carlo Ginori marked the manufactory with some atypical traits that persisted for all the century and a half in which it remained in the hands of the heirs of the Ginori family (Paragraph 2). Accountancy, administration, succession and strategic decisions were heavily influenced by the aristocratic management of the firm. The early centralization of production in the premises located in villa Buondelmonti in Doccia, near Sesto Fiorentino, was just the most visible of these long-term characteristics.
Seen in this light, the history of Carlo Ginori and of his porcelain manufactory provides some precious understanding of the peculiar form and management of enterprises born out of nobility, highlighting a kind of entrepreneurship usually neglected by historiography.

Research paper thumbnail of The Uses of Rationality: Otto Neurath

Otto Neurath (1882-1945) wrote on rationality in the 1910s when he was interested in renewing the... more Otto Neurath (1882-1945) wrote on rationality in the 1910s when he was interested in renewing the economic science on an empiricist fundament. He discussed rationality mainly in two contexts. Firstly, he analysed rationality as one of the means that humanity devised for taking decisions. In Die Verirrten des Cartesius und das Auxiliarmotiv. (Zur Psychologie des Entschlusses), a seminar held at the Viennese philosophical society in 1913 and later published, Neurath historicised the use and meaning of rationality, comparing it to religion and magic. In the wake of Ernst Mach, Neurath disputed the existence of universal truths or natural laws. Decisions would never cease to entail a measure of uncertainty and men would always err in the forest of Descartes, without any hope of ever exiting it. Rationality limited the pain of deciding exactly as other methods did and could not claim to be the way out of the forest. Rationality, though, even if its results did not stand the test of truth, constrained scientists to a continuous confrontation, avoiding arbitrary decision making on part of a minority. By applying scientific methods, a limited range of solutions could be offered, instead, to the democratic choice of the people. Scientists would not become the priests of future, imposing dictatorial whims on the majority. Contrary to Weber, Neurath so judged positively the rationalisation of the world because linked to democratisation. Secondly, Neurath discussed rationality as a fundament of economics, particularly criticizing the homo oeconomicus formulated by von Wieser. He did so in his Nationalökonomie und Wertlehre, eine systematische Untersuchung, published in 1911, and in Das Begriffsgebäude der Wirtschaftslehre und seine Grundlagen, published in 1917. Disputing the fact that rationality would steer humanity toward an ideal world ruled by natural laws, implied that man was not an irrational being in dire need of education and training: a pebble bringing the marvellous natural mechanism to a halt. With no available truth, it was impossible to measure the goodness or badness of a decision. Every decision would and should be legitimised by an auxiliary motive in respect to rationality. There was no reason to found the economic science on a man behaving rationally. Economic actions and economic policies should so be valued not in respect to their rationality but to their capability of enhancing the wealth and happiness of people. Neurath’s economics was to be a science of happiness not of rationality.

Research paper thumbnail of The travels of an Italian engineer in search of prosperity in the cruel waters of classist economies

The early rise of fascism in Italy was accompanied by the spread of a new economic theory: corpor... more The early rise of fascism in Italy was accompanied by the spread of a new economic theory: corporatism, an attempt toward a third way in economics that sparked curiosity and obtained a certain measure of success in Europe and even further. Historiography, though, starting with some attentive foreign commentators, considers corporatism in fascist Italy an empty shell, devoid of any practical implementation. Nonetheless corporatism was enthusiastically embraced, in theory, by many economists, philosophers, jurists and even architects. Gaetano Ciocca (1882-1966), engineer and architect, heartily believed in corporatism as the synthesis emerging from the dialectical opposition of liberalism and communism. His judgement was not based on theoretical reasoning only, but on first-hand experience of the economic reality in the Soviet Union and the United States. In 1930, FIAT had appointed Ciocca to manage the construction of the first plant for the mass production of ball bearings in Moscow. In consequence, Ciocca lived two years in the Soviet Union experiencing all contradictions of the implementation of the first five-year plan. Communism, in his opinion, was just the ideological masque of a gigantic American style corporation. He summarised the experience in some newspaper articles and a volume published by the cosmopolitan editor Valentino Bompiani in the series “Panorama of our times”. The book, titled “Judgement on Bolshevism”, registered a stunning success and was favourably reviewed by Mussolini himself on the newspaper “Il Popolo d’Italia”. In 1934 Ciocca travelled to the United States to study the failings of the liberal market economy. He came back with a new volume for the Bompiani series, titled “Mass Economy”. The failings of liberalism, Ciocca argued, were similar to those of communism: the continuous state of war caused by economic competition had created wealth but not welfare.
The paper will analyse the representations of differing economic systems made by Ciocca on the base of his travels and the influence they had on the general opinion through the diffusion of his writings and the debates they sparked on newspapers and journals. Further attention will be dedicated to the documents, related to his voyages, preserved in personal archive of Gaetano Ciocca at the MART in Rovereto.

Research paper thumbnail of Pensiero economico tra Italia e Germania: commistioni e diffidenze

Questa ricerca analizza l’interscambio di cultura economica tra Italia e Germania dalla fine dell... more Questa ricerca analizza l’interscambio di cultura economica tra Italia e Germania dalla fine dell’Ottocento alla seconda guerra mondiale ricercandone i protagonisti, mediatori culturali ed istituzioni, e chiarendone alcune linee di sviluppo. La ‘leggenda’ secondo la quale il rivivere della scienza economica in Italia fosse dovuto alla decisa influenza della scuola storica tedesca, denunciata già da Pantaleoni sul finire del secolo, basava più sulla propaganda del Methodenstreit italiano che su reali basi scientifiche. Quanti si occuparono di comparare il pensiero economico italiano e tedesco del periodo, da Michels a Gumplowicz, avevano ben chiaro che il maggior peso nell’indirizzare la ricerca italiana di fine secolo lo avesse avuto la componente austriaca e, in essa, più del marginalismo, le teorie di finanza pubblica. Lo scoppio della prima guerra mondiale recise rapporti personali tra studiosi tedeschi ed italiani e fece diminuire drasticamente l’interscambio culturale nelle riviste scientifiche. Alla ripresa delle relazioni accademiche, dalla metà degli anni venti, le modalità ed i canali di diffusione delle teorie economiche erano profondamente mutati. Si presentarono sulla scena nuovi attori istituzionali, centri di ricerca e fondazioni culturali, e si moltiplicarono gli attori coinvolti. Il peso dell’interscambio culturale e scientifico si spostò con sempre maggior decisione verso l’Atlantico. Una impennata nei rapporti diretti tra Italia e Germania si verificò solo dopo la metà degli anni’30 per l’alleanza politica tra i due paesi. In questo processo, il ruolo dei mediatori culturali non perse importanza rispetto all’apporto fondamentale nel periodo dell’anteguerra. Traduzioni e recensioni continuarono ad essere fondamentali, fino al definitivo affermarsi dell’inglese come lingua franca della scienza. Tra quanti si dedicarono a questo compito anche molte donne che, fin dall’inizio del secolo si affacciarono prepotentemente sulla scena scientifica, senza poter raccogliere, però, i frutti del loro impegno. Fondamentale nell’incentivare l’internazionalizzazione del lavoro scientifico l’apporto finanziario delle fondazioni americane, il cui ruolo, tuttavia è ancora trascurato dalla storiografia.

Research paper thumbnail of GLUTS RESULT FROM INEQUALITY: THE ITALIAN JUDGEMENT ON ENGLAND'S CRISES IN THE EARLY NINETEENTH CENTURY

A particular trait of the Italian debates on industrialism was the widespread belief that English... more A particular trait of the Italian debates on industrialism was the widespread belief that English crises were caused mainly by its century long unequal distribution of income. For the most part, Italian economists and intellectuals refuted the theses of Sismondi and Say, while adopting a free-trade stance combined with a measure of state control over industrialization processes. Civilization, in particular, came so to mean an economic modernization resulting from a slow spread of manufactories in the countryside, maintaining the old social order and an equal distribution of income.
The paper will analyze this response of Italian economists and intellectuals to England’s crises in the most diffused journals of the first half of the nineteenth century, from Il Conciliatore to the Antologia, from the Annali to the Biblioteca Italiana. A brief review of popular and illustrated magazines will underline how this stance would persist as an ideological prejudice on the inequality of the English society long into the second half of the nineteenth century.

Research paper thumbnail of Velleitarismo: il giudizio storico di Federico Caffè sul secondo dopoguerra

Spesso, nei suoi scritti, Caffè ripercorreva il periodo fecondo di idealità che traghettò la Resi... more Spesso, nei suoi scritti, Caffè ripercorreva il periodo fecondo di idealità che traghettò la Resistenza in volontà Costituente, ponendo le basi programmatiche ed istituzionali del nuovo stato italiano. Ne registrava, tuttavia, con profonda delusione, il velleitarismo di fondo, che aveva pregiudicato la concretizzazione delle spinte ideali. Certamente allora avevano operato interessi costituiti contrari al cambiamento, come forte era stata l'opposizione di idee sclerotizzatesi in ideologie. " Tuttavia-rifletteva Caffè nei primi anni '80-per chi abbia il convincimento profondo che, alla lunga, siano le idee a prevalere sugli interessi costituiti, nemmeno questa risulta una spiegazione appagante ". Non erano mancate le idee al dopoguerra italiano. Vi erano stati economisti che avevano individuato i nodi strutturali sui quali intervenire per fondare un duraturo sviluppo economico del paese. Ciò che era mancato era lo sforzo di realizzazione e concretizzazione che scongiurasse a tali idealità di rimanere lettera morta e persino svanire lentamente e inesorabilmente dalla storiografia, sempre più dominata da una lettura ideologicamente liberista.

Research paper thumbnail of StatHistory Working Papers, n.2, 2018. M. POETTINGER, Tuscan wine in the 19th century: entrepreneurship, innovation and market structure

Agriculture absorbed most of the entrepreneurial capacity in Tuscany up to the end of the 19th ce... more Agriculture absorbed most of the entrepreneurial capacity in Tuscany up to the end of the 19th century.