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Long-run Growth, Social Institutions and Living Standards
This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.
More Information
Contributors
Contents
More Information
This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.
It explores the mutual relationships between living standards, social habits, education and health systems, labour market regulation and participatory rules on one hand, and the growth of the economy on the other. These mutual relationships underpin the differences between long-run growth rates in different countries, and in their variations through time. The book also analyses fundamental historical, empirical and theoretical aspects of the many self-reinforcing mechanisms of growth, such as poverty traps or industrial take-offs. It offers a lively representation of the reasons why no lasting economic growth is possible without wider institutional, intellectual and ethical progress. Uncommitted to a specific overall economic theory, the contributors freely discuss their understanding of specific aspects of this complex subject.
This stimulating integrated analysis of the main social drivers of economic growth will strongly appeal both to academic and practising economists, and to postgraduate students interested in growth theory and social studies.
It explores the mutual relationships between living standards, social habits, education and health systems, labour market regulation and participatory rules on one hand, and the growth of the economy on the other. These mutual relationships underpin the differences between long-run growth rates in different countries, and in their variations through time. The book also analyses fundamental historical, empirical and theoretical aspects of the many self-reinforcing mechanisms of growth, such as poverty traps or industrial take-offs. It offers a lively representation of the reasons why no lasting economic growth is possible without wider institutional, intellectual and ethical progress. Uncommitted to a specific overall economic theory, the contributors freely discuss their understanding of specific aspects of this complex subject.
This stimulating integrated analysis of the main social drivers of economic growth will strongly appeal both to academic and practising economists, and to postgraduate students interested in growth theory and social studies.
Contributors
Contributors: R. Balducci, T. Bassetti, S. Borghesi, V. Dardanoni, D. Dottori, L. Fanti, T. Fioroni, L. Gori, D. Gualerzi, B. Jossa, T. Luzzati, G. Mastromatteo, S. Modica, A. Opocher, M. Pignatti Morano, M. Pomini, F. Purificato, N. Salvadori, A. Vercelli
Contents
Contents:
Introduction
Arrigo Opocher and Neri Salvadori
1. Does Economic Growth Ultimately Lead to a ‘Noble Life’? A Comparative Analysis of the Predictions of Mill, Marshall and
Keynes
Arrigo Opocher
2. The Debate on Education Financing in the Classical Perspective
Mario Pomini
3. The Role of the Public Sector in the Thought of Hyman Minsky
Giuseppe Mastromatteo
4. Economic Progress and the Standard of Life: Notes on a Dynamic Approach to Needs and Consumption
Davide Gualerzi
5. The Need for Standards in Students’ Grading
Valentino Dardanoni and Salvatore Modica
6. Education and Endogenous Growth in the Neoclassical Tradition
Mario Pomini
7. Education and Poverty in a Solow Growth Model
Thomas Bassetti
8. Child Mortality Decline, Inequality and Economic Growth
Tamara Fioroni
9. Health Funding, Inequality and Economic Growth
Davide Dottori
10. Education, Change in Consumer Preferences and Growth
Renato Balducci
11. Unemployment in a System of Labour-managed Firms
Bruno Jossa
12. Regulated Wage Economy and Taxation Systems: A Long-run
Welfare and Growth Theoretical Analysis and a Policy Exercise
Luciano Fanti and Luca Gori
13. Sustainable Development and Energy Trends
Simone Borghesi and Alessandro Vercelli
14. Human Needs, Sustainable Development and Public Policy: Learning from K.W. Kapp (1910–1976)
Tommaso Luzzati
15. Participatory Planning of Economic Development: The Co-evolution of Economic Theory and Policy
Martina Pignatti Morano
16. Political and Economic Interaction: Income Distribution and Economic Growth
Francesco Purificato
Index
Introduction
Arrigo Opocher and Neri Salvadori
1. Does Economic Growth Ultimately Lead to a ‘Noble Life’? A Comparative Analysis of the Predictions of Mill, Marshall and
Keynes
Arrigo Opocher
2. The Debate on Education Financing in the Classical Perspective
Mario Pomini
3. The Role of the Public Sector in the Thought of Hyman Minsky
Giuseppe Mastromatteo
4. Economic Progress and the Standard of Life: Notes on a Dynamic Approach to Needs and Consumption
Davide Gualerzi
5. The Need for Standards in Students’ Grading
Valentino Dardanoni and Salvatore Modica
6. Education and Endogenous Growth in the Neoclassical Tradition
Mario Pomini
7. Education and Poverty in a Solow Growth Model
Thomas Bassetti
8. Child Mortality Decline, Inequality and Economic Growth
Tamara Fioroni
9. Health Funding, Inequality and Economic Growth
Davide Dottori
10. Education, Change in Consumer Preferences and Growth
Renato Balducci
11. Unemployment in a System of Labour-managed Firms
Bruno Jossa
12. Regulated Wage Economy and Taxation Systems: A Long-run
Welfare and Growth Theoretical Analysis and a Policy Exercise
Luciano Fanti and Luca Gori
13. Sustainable Development and Energy Trends
Simone Borghesi and Alessandro Vercelli
14. Human Needs, Sustainable Development and Public Policy: Learning from K.W. Kapp (1910–1976)
Tommaso Luzzati
15. Participatory Planning of Economic Development: The Co-evolution of Economic Theory and Policy
Martina Pignatti Morano
16. Political and Economic Interaction: Income Distribution and Economic Growth
Francesco Purificato
Index
