An Italian Foundation for New Fiscal Sociology: A Reflection on the Pareto-Griziotti and Pareto-Sensini Letters on Ricardian Equivalence and Fiscal Theory
This paper reflects on the influence of Vilfredo Pareto’s letters to two of his ex-students, Benvenuto Griziotti and Guido Sensini, on Ricardian equivalence and fiscal theory. The letters are of historical interest because of their emphasis on the need for fiscal studies to consider “social equilibrium” and because they were written when Italian fiscal sociology was in its formative stages. It is suggested that the two sets of letters had quite different consequences; with Griziotti rejecting Pareto’s contention that social equilibrium should play a central role in fiscal studies and Sensini attempting to develop an approach to public finance where the relationship between fiscal phenomena and social equilibrium is presented as the central issue in the theory of public finance. Griziotti’s approach, which accommodates a fiscal sociology that focuses on specific political and legislation issues rather that general social equilibrium, proved more influential than Sensini’s approach, but the Pareto-Sensini line of investigation is of greater current relevance.
Notice of RetractionThe meaning of fiscal deficit based on fiscal sociology
This article introduces fiscal sociology which emphasizes the whole society is a organic society, and public finance is just part of it; and further treats the views of fiscal sociology to fiscal deficit. From this investigation, we can understand why fiscal deficit can't be well controlled and keeps expanding; in the other way it can be the theory base for government's strategy to face the fiscal deficit.
On the Role of Professional Sports in the National Economy Under the Market Economy Conditions
Through the research of the present situations of the professional sports at home and abroad and its influence on economy, this paper points out the opportunities, challenges and the exist- ing main problems that the professional sports faces in the transitional peried-from plan economy to market economy, then elucidates that the professional sports can becompletely developed and improved and play an important role in the national economy under the market economy conditions.