Social Rules and Agreements Besides the ‘Invisible Hand’ A note on Carlo Beretta, «Non di solo mercato... Ruolo e ragioni di accordi, regole e istituzioni»

Name: Social Rules and Agreements Besides the ‘Invisible Hand’ A note on Carlo Beretta, «Non di solo mercato... Ruolo e ragioni di accordi, regole e istituzioni»
Brand: Vita e Pensiero
Price: 6.00 EUR
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Social Rules and Agreements Besides the ‘Invisible Hand’ A note on Carlo Beretta, «Non di solo mercato... Ruolo e ragioni di accordi, regole e istituzioni»

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2012 - 1

Title

Social Rules and Agreements Besides the ‘Invisible Hand’ A note on Carlo Beretta, «Non di solo mercato... Ruolo e ragioni di accordi, regole e istituzioni»

Author

Andrea Villani

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

01-2012

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

ABSTRACT
Recently an old debate amongst scholars of economics and of other social sciences has been revived: that between supporters of the free market and supporters of public regulation of economic activity, the aims being specifically that of efficiency according to the former group, and development, stability and social justice for the latter. In this paper we consider Carlo Beretta’s analysis, which by means of a historical and theoretical method, gives evidence of the limits of the neoclassical approach, and emphasizes the importance of social rules and agreements, i.e. the need for the intervention of collective institutions in order to reach the fundamental goals of social and economic policy.

KEYWORDS: Market, development, public institutions.

JEL Classification: B290, B410.