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From Economic Theory to Policymaking: The Case of Beniamino Andreatta

Received: 2 July 2021     Accepted: 14 July 2021     Published: 24 December 2021
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Abstract

Beniamino Andreatta was an economist who served as a politician at the highest levels of Italy’s government. He was an outsider in academic economics, an eclectic economist interested to the attainment of common good in a perspective inspired by Catholic social doctrine. Andreatta was a supporter of Keynesianism and Post-Keynesianism, but he included some elements of classical and Schumpeterian thought to elaborate his original theory of economic development. On the other hand, he was uncommon in politics because he was quite an independent intellectual, not inclined to easily adhere to what was considered the common view. His contribution to the political debate was based on the knowledge of facts and attention to existing experiences; he brought economic expertise to his political activity. One of Andreatta’s principal merits was the systematic dissemination of scientific knowledge to policymaking. He founded think tanks and promoted worldwide scientific collaborations to apply the economic argumentations to the everyday political activity in Italy because he believed on the necessity of a bold connection between theory and policy. Consequently, he had an uncompromised approach to policymaking that looked to long run objectives. In this perspective, he was the promoter of several orthodox policies, such as the central bank independence reform.

Published in History Research (Volume 9, Issue 2)
DOI 10.11648/j.history.20210902.16
Page(s) 144-150
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Beniamino Andreatta, Catholic Social Thought, Development Economics, Central Bank Independence, Italy

References
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[4] Andreatta, B. (1957). Inflazione salariale e distribuzione del reddito in una economia di oligopoli. Rivista Internazionale di Scienze Sociali, 28 (4), 514–40.
[5] Andreatta, B. (1958). Distribuzione del reddito e accumulazione del capitale. Milan: Giuffrè.
[6] Andreatta, B. (1962). Fattori strategici dello sviluppo tecnico dell’industria italiana (1938–1958). In: Atti del Congresso internazionale di studio sul progresso tecnologico e la società italiana promosso dal Comune di Milano e dal Centro nazionale di Prevenzione e Difesa sociale sotto il patrocinio del Consiglio nazionale delle ricerche, 13–27. Milano: Giuffrè.
[7] Andreatta, B. Il governo della liquidità. Tre saggi di teoria monetaria. Milan: Franco Angeli.
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[14] Andreatta, B. (1992). La politica dei giusti e la convenzione del mercato. Interview with Andrea Scazzola, June 14, 1992, on Radio Due. Arel-La rivista 2, 19–33.
[15] Andreatta, B. (1993). Risanamento finanziario e crisi congiunturale: completare l’opera di riduzione del ‘deficit’ pubblico per dare un’ancora alla lira e agganciare la ripresa. Rivista di politica economica, 83 (2), 127–75.
[16] Andreatta, B. (1994). L’opposizione dei popolari. Rome: AREL.
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[31] Poole, W. (1970). Optimal choice of monetary policy instruments in a simple stochastic model. Quarterly Journal of Economics, 84, 197–216.
[32] Quadrio Curzio, A., Nicola P., & Rotondi, C. (2010). Distribution and growth, technology and development. Reflections on Nino Andreatta’s theoretical analysis. Rivista Internazionale di Scienze Sociali, 44 (2), 155–98.
[33] Ricossa, S. (1978). I fuochisti della vaporiera. Gli economisti del consenso. Milan: Editoriale Nuova.
[34] Salsano, F. (2009). Andreatta ministro del tesoro. Bologna: il Mulino.
[35] Scazzieri, R. (2004). Economisti a Bologna: 1950–1975. In: G. Garofalo & A. Graziani (eds.), La formazione degli economisti in Italia (1950–1975), 423–62. Bologna: Il Mulino.
[36] Spaventa, L. (2009). Intervento nella discussione sul lascito di Andreatta. In: A. Gigliobianco & S. Rossi (eds.), Andreatta economista, 129–34. Bologna: Il Mulino.
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[39] Tesini M. (2002). Nino Andreatta. Appunti per una biografia intellettuale. In: B. Andreatta (ed.), Per un’Italia moderna. Questioni di politica e di economia, 7–81. Bologna: Il Mulino.
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    Luca Sandonà. (2021). From Economic Theory to Policymaking: The Case of Beniamino Andreatta. History Research, 9(2), 144-150. https://doi.org/10.11648/j.history.20210902.16

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    Luca Sandonà. From Economic Theory to Policymaking: The Case of Beniamino Andreatta. Hist. Res. 2021, 9(2), 144-150. doi: 10.11648/j.history.20210902.16

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    AMA Style

    Luca Sandonà. From Economic Theory to Policymaking: The Case of Beniamino Andreatta. Hist Res. 2021;9(2):144-150. doi: 10.11648/j.history.20210902.16

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  • @article{10.11648/j.history.20210902.16,
      author = {Luca Sandonà},
      title = {From Economic Theory to Policymaking: The Case of Beniamino Andreatta},
      journal = {History Research},
      volume = {9},
      number = {2},
      pages = {144-150},
      doi = {10.11648/j.history.20210902.16},
      url = {https://doi.org/10.11648/j.history.20210902.16},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.history.20210902.16},
      abstract = {Beniamino Andreatta was an economist who served as a politician at the highest levels of Italy’s government. He was an outsider in academic economics, an eclectic economist interested to the attainment of common good in a perspective inspired by Catholic social doctrine. Andreatta was a supporter of Keynesianism and Post-Keynesianism, but he included some elements of classical and Schumpeterian thought to elaborate his original theory of economic development. On the other hand, he was uncommon in politics because he was quite an independent intellectual, not inclined to easily adhere to what was considered the common view. His contribution to the political debate was based on the knowledge of facts and attention to existing experiences; he brought economic expertise to his political activity. One of Andreatta’s principal merits was the systematic dissemination of scientific knowledge to policymaking. He founded think tanks and promoted worldwide scientific collaborations to apply the economic argumentations to the everyday political activity in Italy because he believed on the necessity of a bold connection between theory and policy. Consequently, he had an uncompromised approach to policymaking that looked to long run objectives. In this perspective, he was the promoter of several orthodox policies, such as the central bank independence reform.},
     year = {2021}
    }
    

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    AB  - Beniamino Andreatta was an economist who served as a politician at the highest levels of Italy’s government. He was an outsider in academic economics, an eclectic economist interested to the attainment of common good in a perspective inspired by Catholic social doctrine. Andreatta was a supporter of Keynesianism and Post-Keynesianism, but he included some elements of classical and Schumpeterian thought to elaborate his original theory of economic development. On the other hand, he was uncommon in politics because he was quite an independent intellectual, not inclined to easily adhere to what was considered the common view. His contribution to the political debate was based on the knowledge of facts and attention to existing experiences; he brought economic expertise to his political activity. One of Andreatta’s principal merits was the systematic dissemination of scientific knowledge to policymaking. He founded think tanks and promoted worldwide scientific collaborations to apply the economic argumentations to the everyday political activity in Italy because he believed on the necessity of a bold connection between theory and policy. Consequently, he had an uncompromised approach to policymaking that looked to long run objectives. In this perspective, he was the promoter of several orthodox policies, such as the central bank independence reform.
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Author Information
  • Department of Economics, ITET Aulo Ceccato of Thiene, Thiene, Italy

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