Marco E. L. Guidi #146

Professor of History of Economic Thought, University of Pisa

He considers relevant to study the History of Economic Thought:

History of economics teaches us to contextualise economic theories in the social, political, institutional and intellectual environment in which they are conceived of, taught, applied, and disseminated. It teaches us to distinguish between positive analysis and normative statements, as well as to detect implict normative meanings in apparently positive reasoning. It teaches us to see how political issues shape economic ideas, and vice versa how economic ideas shape public and private choices and influence the public opinion and mentalities by creating representations that frame our perception of economic and social relationships.


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