Luigi Einaudi e il mito del pareggio del bilancio (Luigi Einaudi and the myth of balanced budget)

Massimo Paradiso
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Massimo Paradiso: Università di Bari - Dipartimento di Scienze Economiche

Il Pensiero Economico Italiano, 2004, vol. 12, issue 2, 107-117

Abstract: Luigi Einaudi was always an opponent of the ‘myth’, viewed as an expression of orthodoxy and dogma in economic reasoning. However, this intellectual attitude is often interpreted as contradictory to his fame of laissez-faire economist, that would explain his acceptance of the principle of balanced budget and his misunderstanding of the Keynesian revolution. In this paper this interpretation is discussed in the light of Einaudi’s economic methodology, arguing that Einaudi considered the balanced budget as another ‘myth’, another questionable economic dogma.

Keywords: Einaudi; methodology of economics; balanced budget (Einaudi; metodo in economia; pareggio di bilancio) (search for similar items in EconPapers)
JEL-codes: B31 H61 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pei:journl:v:12:y:2004:2:7:p:107-117

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