Le origini culturali della crisi. (The cultural origins of the crisis)
DOI:
https://doi.org/10.13133/2037-3651/9520Keywords:
crisi, origini, culturaAbstract
After recalling the financial origin of the crisis and the persistent worldwide fragility of the financial sector, and after citing papers which before 2007 had pointed out the elements of systemic fragility of the US and world economy, the paper illustrates the cultural roots of the crisis, namely the economic views which favoured deregulation policies: the fallacy of the invisible hand of the market and a simplistic view of uncertainty, to which Keynesian uncertainty is opposed, with the consequent underevaluation of the risks of systemic instability.
JEL: E44, G01
References
BERNOULLI J. (1713), Ars conjectandi, Thurmisiorum, Basilea.
DE FINETTI B. (1931), Probabilismo. Saggio critico sulla teoria della probabilità e sul valore della scienza, Perrella, Napoli.
DE FINETTI B. (1930), "Fondamenti logici del ragionamento probabilistico", Bollettino dell’Unione Matematica Italiana, vol. 9, pp. 258-61.
GODLEY W., IZURIETA A. (2009), "L’economia statunitense: debolezze della ‘forte’ ripresa", Moneta e Credito, vol. 62, pp. 91-100.
KEYNES J.M. (1921), A treatise on probability, Macmillan, London.
KINDLEBERGER C. P. (2009), "Anni trenta e anni ottanta: paralleli e differenze", Moneta e Credito, vol. 62, pp. 13-26.
KINDLEBERGER C. P. (2009), "L’aumento dei prezzi delle attività e la politica monetaria", Moneta e Credito, vol. 62, pp. 27-52.
KNIGHT F.M. (1921), Risk, uncertainty and profit, Houghton Mifflin, Boston.
MINSKY H.P. (1982), Can ‘it’ happen again? Essays on instability and finance, Sharpe, Armonk (N.Y.).
RAJAN R. G., ZINGALES L. (2003), Saving capitalism from the capitalists, Crown Business, New York.
RAJAN R. G., ZINGALES L. (2004), Salvare il capitalismo dai capitalisti, Einaudi, Torino.
RAMSEY F. (1931), The foundations of mathematics, Routledge & Kegan Paul, London.
RONCAGLIA A. (2010), Economisti che sbagliano, Laterza, Roma-Bari.
RONCAGLIA A. (2009), Piero Sraffa, Palgrave Macmillan, Basingstoke.
RONCAGLIA A. (2009), "Keynes and probability: an assessment." European Journal of the History of Economic Thought, vol. 16, pp. 489-510.
RONCAGLIA A. (2005), Il mito della mano invisibile, Laterza, Roma-Bari.
ROUBINI N. (2009), "Le meravigliose bolle di sapone ‘Carry Trade’." Il Sole 24 Ore, 3 Novembre.
SARCINELLI M. (2009), "La vigilanza sul sistema finanziario: obiettivi, assetti e approcci", Moneta e Credito vol. 62, pp. 145-90.
SAVAGE L. J. (1954), The foundation of statistics, Wiley, New York.
SYLOS LABINI P. (2009), "Le prospettive dell’economia mondiale", Moneta e Credito, vol. 62, pp. 61-89.
TONVERONACHI M. (2009), "Distorsioni strutturali della regolamentazione prudenziale delle banche", Moneta e Credito, vol. 62, pp. 101-15.
TONVERONACHI M. (2009), "Implicazioni di Basilea II per la stabilità finanziaria", Moneta e Credito, vol. 62, pp. 117-44.
Downloads
Published
Issue
Section
License
All material in this website and every article published by the review are licensed under a Creative Commons Attribution - Non commercial - No derivates 4.0 International license. Authors retain all rights on their works and grant the right to first publication to the review under the aforementioned license.
