Template-type: ReDIF-Article 1.0 Author-Name: Antonella Palumbo Title: Richard Lipsey and the "Tyranny" of a Unique Labour Market Equilibrium Abstract: The article discusses Richard Lipsey?s (2000a, 2000b, 2010, 2016) criticism of the uniqueness of the macroeconomic equilibrium at constant inflation postulated by new-classical macroeconomic models. Lipsey?s position is analysed in the light of his early contribution to the debate on the Phillips curve (Lipsey 1960). There, as later, Lipsey?s argument rests on the assumption that the labour market, though characterised by a unique demand-and-supply equilibrium, may persist in disequilibria in the long run. Such proposition is discussed critically. Lipsey?s analysis can be seen as a clear expression of the fundamental theoretical difficulty in reconciling Keynesian macroeconomic analysis with the neoclassical postulates. Classification-JEL: B22, B31, E12, E24, J20 Keywords: Note: Pages:5-29 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74712&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002001 Number: 1 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=74712 Template-type: ReDIF-Article 1.0 Author-Name: Gianfranco Tusset Title: How the Cryptocurrency Discourse is Changing: A Textual Analysis Abstract: The paper aims to retrace the academic discourse on cryptocurrencies from 2015 to 2022 by treating it as a lexical unicum that evolves over time. The purpose is to understand what themes have emerged and how they have changed the discourse on cryptocurrencies. We used a three-step methodology. The first consists of text mining that allows us to create, from 1057 academic articles on the subject, the matrix containing the frequencies of words/n-grams. In a second step, lexical analysis is enriched by correspondence analysis, a useful tool to measure the "distance" and evolution of academic discourse and to identify significant content discontinuity. Finally, the causal analysis addresses the ultimate goal of understanding whether it is possible to define future developments in the cryptocurrency discourse, whether it will absorb instances from outside or remain focused on the prevailing themes to date. The identification and application of a method to analyze the evolution of the cryptocurrency discourse allowed us to distinguish at least two distinct phases characterized by specific content and cryptocurrencies. Classification-JEL: G32, B41, B52 Keywords: Note: Pages:31-52 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74713&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002002 Number: 2 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=74713 Template-type: ReDIF-Article 1.0 Author-Name: Miguel D. Ramirez Title: A Critical Note on Ricardo?s views on Absolute and Relative Value in terms of Labor Values Abstract: This note examines Ricardo?s views on absolute and relative value in terms of the labor theory of value. It discusses why Ricardo viewed the construction of a standard of value capable of measuring changes in the absolute value of commodities as critical to understanding the division of the national product among the main contending classes in a competitive capitalist economy. The paper also highlights the shortcomings of Ricardo?s proposed standard measure of value ? one that would challenge and confound him all his life. Classification-JEL: B10, B12, B24 Keywords: Note: Pages:53-66 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74714&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002003 Number: 3 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=74714 Template-type: ReDIF-Article 1.0 Author-Name: Alessandro Morselli Title: The Modernity of Keynesian Thinking on Economic Policy from an Institutional Perspective Abstract: The objective of the paper concerns the analysis of Keynesian thinking on economic policy from an institutional perspective, since Keynes ignores both institutions and the possibility that a modification of them might change the way expectations are formed. Specifically, the relationship between expectations and economic activity will be examined, taking into consideration the concept of an agent formulating expectations. It will be emphasised how an institutional orientation can help the application of Keynesian economic policies by setting aside individualistic and psychological principles, on which Keynesian thinking is based, and incorporating an institutional and historical examination of political and economic institutions into expectations. This represents an attempt to incorporate the institutional dimension into Keynesian doctrine to strengthen it, without placing the individual at the core of the analysis. For example, the issue of the rigidity of monetary wages highlighted by Keynes in chapter seventeen of the General Theory will be interpreted from an institutional perspective. Indeed, rigidities and customary practices are important in reducing uncertainty and promoting efficient decision-making. It is precisely on uncertainty that individuals acquire knowledge based on their involvement in social practices and observation of the habits that form the structure of social and economic life. Classification-JEL: B13, B15, B25, B52 Keywords: Note: Pages:67-86 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74715&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002004 Number: 4 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=74715 Template-type: ReDIF-Article 1.0 Author-Name: Antonio Magliulo Title: Oscar Halecki?s Idea of Europe: A Tribute Abstract: Oscar Halecki (1891-1973) was one of the leading historian who investigated Europe as a distinct supranational community supporting a model of federalism to govern it. This note aims to retrieve Halecki?s idea of Europe on the fiftieth anniversary of his death. Classification-JEL: B29, H77, N44 Keywords: Note: Pages:87-92 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74716&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002005 Number: 5 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=74716 Template-type: ReDIF-Article 1.0 Author-Name: Fabio Masini Author-Name: Fabrizio Bientinesi Author-Name: Manuela Mosca Author-Name: Nicola Giocoli Author-Name: Antonio Magliulo Author-Name: Angela Orlandi Author-Name: Marco Doria Author-Name: Giuseppe De Luca Author-Name: Daniela Felisini Author-Name: Michelangelo Vasta Title: Defining Storia dell?economia. Is there a Storia dell?economia and what is it? An introduction Abstract: Classification-JEL: Keywords: Note: Pages:93-117 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74717&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002006 Number: 6 Template-type: ReDIF-Article 1.0 Author-Name: Fabrizio Bientinesi Title: New paths in the history of economic thought: A History of European Economic Thought by Antonio Magliulo Abstract: Classification-JEL: Keywords: Note: Pages:121-127 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74718&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002007 Number: 7 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=74718 Template-type: ReDIF-Article 1.0 Author-Name: A cura della Redazione Title: Book review Abstract: Classification-JEL: Keywords: Note: Pages:129-171 Volume: 2023/2 Year: 2023 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74719&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2023-002008 Number: 8