Machiavelli and the Economy

Pierluigi Ciocca

Rivista di storia economica, 2013, issue 2, 249-260

Abstract: Niccolò Machiavelli, the founder of modern, scientific political analysis,was not an economist (at least according to Schumpeter's definition).Nonetheless, both in Il Principe and in some of his other writings he offersa certain number of interesting propositions on the links between theState and the working of the economic system. The State has a primacy inthe society, but it will be strong if, and only if, a market economy flourishes.Machiavelli understood that the fragmentation and weakness of politicalItaly, in addition to jeopardising the material welfare of the Peninsulain the XVIth century, could represent a serious obstacle to the transitionof Italy from a market economy to a fully fledged capitalist economy.

Date: 2013
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