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On the Private and Social Benefits of Economic Literacy

digital On the Private and Social Benefits of Economic Literacy
Article
journal RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI
section Open Access
title On the Private and Social Benefits of Economic Literacy
author
publisher Vita e Pensiero
format Article | Pdf
online since 06-2020
doi 10.26350/000518_000044
issn 0035-676X (print) | 1827-7918 (digital)
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Carlo Dell’Aringa was highly respected both as a professor of economics and as an expert involved in the policy debate and in direct policy decisions. Inspired by these traits of his figure, we focus on the link between economic knowledge and policy. In particular, by means of a theoretical model and a simple empirical analysis, we argue that the conduct of fiscal policy is more tuned on social welfare in countries where citizens have a better understanding of economics and financial concepts.

keywords

Economic Literacy, Fiscal Policy, Voting.

Author biography

Universitas Mercatorum, Roma. Email: g.piccirilli@unimercatorum.it.