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The Oxonian-Italian School of Economics, 1950 to About 1990

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A Compendium of Italian Economists at Oxbridge

Abstract

Baranzini & Mirante first provide a comprehensive list of Italian economists who were at Oxford from 1950 to about 1990. Then they examine seven lines of research, associated with John Hicks, Roy Harrod, Michael Bacharach, the Nuffield College, the production theory, and other fields of research. The contributions by Luigi Pasinetti, Carlo Casarosa, Stefano Zamagni, Mario Amendola, Roberto Scazzieri, and many others are considered in detail.

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Notes

  1. 1.

    Francesco Vito’s position was, of course, ill-founded; however, in the long term, for Pasinetti it turned out to be a lucky escape. In this way, he stayed on for nearly two decades in Oxbridge. He was hence able to influence the Cambridge School of Economics much more than would have been possible in Milan.

  2. 2.

    In this chapter, we shall not deal with contributions in the area of economic history. However, it is worth pointing out that Vera Zamagni-Negri, now Professor of Economic History at the University of Bologna, was with her husband Stefano at Oxford between 1969 and 1973; she was awarded an Oxford D.Phil. few years later. She is one of the most authoritative scholars of Italian and European economic history, and has published and edited important works; Economic History of Italy 1860–1900 was first published by Clarendon Press, Oxford, in 1993. The volume provides a scientific and painstaking reconstruction of Italy’s path from a largely rural economy to a fully industrialized nation, with strong private and public sectors. It also offers, as she points out ‘an extensive resource of quantitative data, based on original field work by the author and the many detailed but small scale studies existing in Italian’.

  3. 3.

    This point has been expounded in Baranzini and Scazzieri (1986, 46–47).

  4. 4.

    Roberto Cippà (1953) holds a licence en sciences économiques and a doctorate of the University of Fribourg, Switzerland. In September 1977, (with the support of a Swiss Science Foundation fellowship), he was admitted as a graduate student to The Queen’s College, Oxford, where he wrote a D.Phil. under the supervision of Christopher Bliss. After finishing his Oxford D.Phil. in economics, he joined the Swiss National Bank and became Executive Director of the IMF (2000–06). He has now returned to Zurich, where he is Director of External Relations of the Swiss National Bank.

  5. 5.

    This research line reflects another important outcome of Anglo-Italian scientific cross-fertilization. At The Queen’s College, Oxford, between Michaelmas Term 1976 and Trinity Term 1983, the first author of this volume organized an economic theory and econometrics seminar. The participants were scholars who were, or had been, associated with the University of Oxford. The topics of the seminar covered a wide spectrum, ranging from classical, marginalist and Keynesian economics to the problems of general equilibrium and quantitative methods. Roberto Cippà (Queen’s), Roberto Scazzieri (Linacre) and the first author of this essay (Queen’s) were the convenors of the scientific meetings. The institution at which the seminars took place was no casual choice. Since 1969, The Queen’s College had sponsored the Florey European Studentship Scheme, originally planned by Lord Howard Florey, provost of the college and Nobel laureate for the therapeutic discovery of penicillin. Lord Florey’s aim was twofold: to invigorate the College and Oxford by bringing to them the best research graduates from continental European universities, and to strengthen the ties of international cooperation in most fields of academic research. Between 1976 and 1983, The Queen’s College became a place of meeting and discussion for a number of British and continental research students, also including academic visitors, and led to the publication of the volume Advances in Economic Theory, published by Basil Blackwell, Oxford, and edited by the first author of this volume. Contributors were Roberto Scazzieri, Christopher J. Bliss, Roberto F. Cippà, Carlo Casarosa, Alvaro Cencini, Bernard Schmitt, Megnad Desai, Roy McCloughry, Nicholas Dimsdale, Mario Biagioli, Luigi Pasinetti, Mauro Baranzini, Heinrich Bortis, Pietro Balestra, Giuseppe Mazzarino and Augusto Schianchi. From the mid-1980s to the end of the 1990s, The Queen’s College seminar moved to the Continent. Courtesy of the the Swiss Science Foundation of Berne and a number of Italian universities, an annual International Workshop on the ‘Wealth of Nations in Economic Theory’ was held. Roberto Scazzieri (Padua and Bologna), Ferdinando Meacci (Padua), Pierluigi Porta (State University of Milan), Heinrich Bortis (Fribourg) and the first author of this essay (Verona and, subsequently, Lugano, Switzerland) organized these workshops, which were held alternately in Switzerland and Italy. A number of Oxbridge economists, or economists with Oxbridge connections joined these intensive meetings; to mention a few, Izumi Hishiyama, Francis Seton, Michael A. Landesmann, Richard Arena, Florian Fleck, Mark Perlman, Prue Kerr, Bernard Schmitt, Alvaro Cencini, Harald Hagemann, Mario Amendola, Heinrich Bortis, Gianni Vaggi. Nicholas Georgescu-Roegen joined a special meeting in Engelberg, Switzerland, in March 1990.

  6. 6.

    Vinicio Guidi (1948) earned a degree in economics in Florence in 1973. Between 1975 and 1978, following a year in the army, he carried out research in his alma mater under the supervision of Piero Tami. During the academic year 1978–79, he undertook research work in Oxford under the supervision of Amartya Sen. Since 2001, he has been a full professor of economics in Florence.

  7. 7.

    In particular, we may mention the five-volumes work Protagonisti del pensiero economico, edited by Quadrio Curzio and Scazzieri (1978–83); see Baranzini (1979), Baranzini and Scazzieri (1986) and Quadrio Curzio (1993a, b).

  8. 8.

    Quadrio Curzio and Scazzieri’s seminal work was also well-received in France: see Lutfalla (1983).

  9. 9.

    These points have been pointed out to us in a letter by Daniele Besomi himself.

  10. 10.

    This information is presented on his personal page at the University of Bologna.

  11. 11.

    See, in particular, Baranzini (1976, 1991a, 2008).

  12. 12.

    Alessandro Zanello, under the supervision of Hywel Jones, earned a B.Phil. degree at Oxford in 1977. He then moved on to the USA where, under the supervision of Edwin Burmeister, he wrote a Ph.D. on multi-sector models of growth. During part of his career, he was associated with the Department of Economics of Dartmouth College.

  13. 13.

    Andreoni confirmed a number of the above points in a letter to the present authors.

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Baranzini, M., Mirante, A. (2016). The Oxonian-Italian School of Economics, 1950 to About 1990. In: A Compendium of Italian Economists at Oxbridge. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-32219-3_2

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