Emil Sax and Italy. Three episodes

Journal title STORIA DEL PENSIERO ECONOMICO
Author/s Manuela Mosca
Publishing Year 2011 Issue 2010/2
Language English Pages 16 P. 47-62 File size 319 KB
DOI 10.3280/SPE2010-002003
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The paper deals with the historical reconstruction of the relation between the Austrian economist Emil Sax and the Italian economists of his generation. It is focused on three episodes. The first concerns the introduction of marginal analysis in public finance, seeing the works of Maffeo Pantaleoni (1883) and Sax (1887) as of primary significance. The second is about the reception accorded to the 1887 Sax’s work in Italy by Giuseppe Ricca-Salerno (1887), and by Augusto Graziani (1887). The third relates to the development of a pure theory of public finance, and concerns the works of Sax (1887) and Antonio De Viti De Marco (1888). This analysis indicates that school rivalries were responsible for the different reactions of Italian economists to Sax’s work.

Keywords: Emil Sax, Italian marginalism, Public Finance

Jel codes: B13

Manuela Mosca, Emil Sax and Italy. Three episodes in "STORIA DEL PENSIERO ECONOMICO" 2/2010, pp 47-62, DOI: 10.3280/SPE2010-002003