Titlebook: Luigi Amoroso; The Building of Econ Mario Pomini Book 2022 The Editor(s) (if applicable) and The Author(s), under exclusive license to Spri

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Introduction, least in the Italian context. During the 1920s, the initial group grew, and the Paretian school, at the time also known for mathematical economics, formed a vital current of thought. However, this strand of thought did not receive the historiographical importance it deserved. Paretian authors, with

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The Birth of Modern Microeconomics: The , of 1921,ed in Europe. The book contains a highly advanced treatment of consumer and producer theory. In his analysis, Amoroso relied extensively on the scheme of constrained maximization derived from rational mechanics. New analytical tools were introduced, such as Lagrange multipliers. His mathematical tre

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The Ideological Turn: Amoroso as Corporatist Economist, 1920s, the first phase, he considered, like many other Italian intellectuals, the new regime to be the only means of restoring social peace in Italy. His open support for the new authoritarian regime was based on a vision of society that was ethical and religious rather than economic and was charac

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Amoroso and the First Revolution of Imperfect Competition,La teoria statica dell’offerta” (Amoroso, L. .). Amoroso formulated a general theory of the supply curve in various market forms. In this article, he also introduced the concept of the vanishing point of the firm and discussed the relevance of the elasticity of the demand curve in determining monopo

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From Fisher to Keynes: A Mathematical Business Cycle Theory,roso’s starting point was the theory of economic barometers, which he attempted to formalize. He developed his mathematical theory of the cyclic movement of the economy by considering two sectors: the productive sector and the commercial one. There were two variables to be determined: the movement o

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Toward a Theory of Dynamic General Equilibrium,n the field of dynamics was overcome with the application of the calculus of variations. In a few years, Amoroso formulated a complete model of the economic dynamics of general equilibrium. He also realized one of the fundamental goals of his research program—to fully demonstrate the analogy between

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,Conclusions: Economics—A Science on Stilts,e first aspect has to do with Amoroso’s contribution to the transformation of economics into a formal science. The second aspect involved the relationship between economics and natural sciences. Physics-based models were highly popular among the first generation of marginalist economists. Finally, t

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