“Monopolistic” vs. “Cooperative” State in the Institutional and Economic Modelling of Antonio De Viti De Marco

Luca Tedesco () and Roberto Ricciuti
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Luca Tedesco: University Roma Tre

No 07/2023, Working Papers from University of Verona, Department of Economics

Abstract: Antonio de Viti de Marco was one of the most representative figures of the Italian school of public finance and is considered an intellectual father of the Public Choice school. In this paper we analyze the relationships between his theories and those of Herbert Spencer, explicitly cited by de Viti de Marco in his writings. We also explore to what extent the theory fueled the political and journalistic campaigns in which he was engaged, seeking to influence the economic and financial policy of the government. De Viti de Marco and his associates proposed a way out of the fin de siècle crisis based on a new fiscal pact and free trade, which in turn was grounded on a view of the British model that was already in crisis in its homeland. Unsurprisingly, this route was not chosen by the government, which opted for repression.

Keywords: De Viti de Marco; liberal Italy; public finance; taxation; free trade; protectionism; Italian economic thought. (search for similar items in EconPapers)
JEL-codes: B13 B31 D72 D78 H11 (search for similar items in EconPapers)
Date: 2023-05
New Economics Papers: this item is included in nep-his, nep-hpe and nep-pol
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