Modigliani tra economia keynesiana ed economia socialista (Modigliani between Keynesian and socialist economics)

Antonella Rancan

Moneta e Credito, 2020, vol. 73, issue 291, 261-276

Abstract: Subito dopo la pubblicazione dellÕarticolo su Econometrica del 1944, annoverato tra i pi importanti contributi alla sintesi neoclassica, Franco Modigliani torna a riflettere, come giˆ negli anni Trenta in Italia, sul superamento dellÕeconomia capitalistica a seguito del prevalere di forme di monopolio in cui interesse individuale e collettivo entrano in contrapposizione. In un lungo saggio pubblicato nel 1947 sul Giornale degli economisti Modigliani esamina i vantaggi di una transizione, ritenuta necessaria e urgente, verso unÕeconomia socialista. Egli individua le regole di condotta, di matrice marginalista, per una efficiente ed equa allocazione delle risorse e i discute dei vantaggi da un punto di vista macroeconomico sulla base di argomentazioni keynesiane. Soon after the 1944 Econometrica article, among the most relevant contributions to the neoclassical synthesis, Franco Modigliani returns to reasoning about the future of the capitalistic system, as he did in Italy in the 1930s, about the widespread of monopolies over competitive markets and the relationships between individual and collective interests. In a long essay published in 1947 in the Giornale degli Economisti, Modigliani analyzes the advantages of a rapid and urgent transition towards a socialist economy. He clearly identify and discusses the behavioral rules to be followed for an efficient resources allocation, all derived from the marginalist analysis and, from a macroeconomic perspective, on the basis of Keynesian arguments.

Keywords: Modigliani; socialist economy; collectivism (search for similar items in EconPapers)
JEL-codes: B20 B24 B31 (search for similar items in EconPapers)
Date: 2020
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