Teaching economic policy in Italy
This paper has been included in the publication
“The Economics Curriculum: Towards a radical reformulation”
The birth of Economic policy as a discipline not confined to a set of practical rules intended to explain technical procedures of government intervention is rather recent. The discipline emerged in the late 1950s in Scandinavian countries and Italy only when solid foundations indicating market failures and a theory about conditions for policy effectiveness and design had been developed. The paper intends to explain the reasons for its emergence, the circumstances which helped it to be taught in many Italian universities and a few other European ones, the reasons for its apparent setback and some factors that could facilitate its diffusion in the next years.