Market and Competition: The Contribution of the Italian School

Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)


Maffeo Pantaleoni: for the purposes of the history of economic thought, it would suffice to recall that Piero Sraffa called him the «prince» of Italian economists, the master who turned Pareto the engineer and Barone the artillery major into political economists2 Sraffa considered that Pantaleoni’s Principii (published in 1889, a year before Marshall’s Principles of Economics3) was «the first systematic treatment in which — in accordance with Marshall’s teaching — the doctrines of the classical writers were harmonized with the new theories of Gossen and Jevons. A peculiarity of the work is that every proposition is accompanied by the name of the writer who had first put it forward, with a stubborn modesty that risks causing the inattentive reader to overlook Pantaleoni’s own important original contributions that the book contains»4.


Minority Shareholder Economic Thought Italian Economist Italian School Contestable Market 
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Copyright information

© Servizio Italiano Pubblicazioni Internazionali Srl 1997

Authors and Affiliations

  1. 1.Bank of ItalyRomaItaly

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