Review of Political Economy
Volume 33, Number 2, April 2021
278 Introduction to the STOREP symposium
Antonella Stirati and Carlo Zappia
280 Walras or Pareto: Who is to Blame for the State of Modern Economic Theory?
303 The Impact of Financialization on the Rate of Profit
Stefano Di Bucchianico
327 Reflexivity, Financial Instability and Monetary Policy: A ‘Convention-Based’ Approach
Emanuele Citera and Lino Sau
344 The Driving Forces Behind the Rise of Experimental Economics
Introduction to the STOREP symposium
Antonella Stirati (Università Roma Tre) and Carlo Zappia (Università di Siena)
In 2019, ROPE’s editor Steve Pressman and incoming editor Louis-Philippe Rochon agreed to initiate a collaboration between the Italian Association for the History of Political Economy (STOREP) and the Review of Political Economy, which saw the journal became the main outlet for the submission of papers presented at the Association’s annual conference. After a first screening by the editors and appointed members of the conference’s scientific committee, the papers underwent the usual rigorous refereeing process. This Symposium is the result of a round of selection and revision of papers from the conference held in Siena, in June 2019.
Other conference papers have already been published earlier (Brancaccio, De Cristofaro, and Giammetti 2020; Barbieri Góes 2020), while others are most likely to follow in a forthcoming issue this year.
STOREP is an association of scholars in the fields of economics, history of economic thought and economic history, who share an interest in the history of economic facts and ideas.
Research in the history of economics has grown in recent decades, constituting a discipline that is diverse and comprehensive, where heterodox economists coexist with intellectual historians. At times, this flourishing discipline may appear too variegated, an arena attracting scholars from various quarters. But good scholarly products emerge from both good research practices and open, sometimes even heated, academic debate.
We believe that historical perspectives can contribute to a better and deeper understanding of the analytical and historical bases of economic theories and policies, as well as of the complexities surrounding empirical analyses of economic phenomena. On this ground, the Association has also become a reference for economists who acknowledge the existence of different approaches to the analysis of economic issues and are ready and willing to undertake critical and constructive discussion across existing strands in the discipline.
In focusing on the research work of economists, historians of economic thought, intellectual historians and, particularly, young and promising scholars, STOREP aims to understand the lines of development of an economics discipline that today appears overly formalized and often auto referential.
This first symposium from STOREP 2019 Annual Conference on ‘The Social Rules! Norms, Interaction, rationality’ testifies well to the diversity of interests and approaches in the Association, and to the role that history can have in assisting the discussion of economic themes.
Brancaccio, E., F. De Cristofaro, and R. Giammetti. 2020. ‘A Meta-Analysis on Labour Market Deregulation and Employment Performance: No Consensus around the IMF-OECD Consensus.’ Review of Political Economy 32 (1): 1–21.
Barbieri Góes, M. C. 2020. ‘Personal Income Distribution and Progressive Taxation in a Neo-Kaleckian Model: Insights from the Italian Case.’ Review of Political Economy 32 (4): 615–639.