Issues_in_Economic_Thought.pdf (original) (raw)

This paper explores the evolution of economic thought in Italy during the late nineteenth and early twentieth centuries, focusing on the transformation of trade policy and the debates between free trade and protectionism. It discusses the relevance of the infant industry theory, the complexity of national economic contexts, and the implications of shifting state roles in economic policies, ultimately highlighting the nuanced relationships between market dynamics, state intervention, and economic outcomes.