| RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2011 - 3-4
This introduction aims to offer a preliminary reading to the collection of essays presented in the
volume. It describes how the Great Depression of the 1930s was interpreted by the group of young
Italian economists connected with the Catholic University of Milan and its periodical the Rivista Internazionale
di Scienze Sociali. We shall focus on their contribution to the theoretical debate around
the causes of the Depression and, more generally to business cycle theory. Moreover, specific attention
will be devoted to these economists’ views on the proper measures capable of fostering recovery,
and to their assessment of the policies enacted by the major foreign countries. We shall see
how during the early 1930s the Rivista Internazionale di Scienze Sociali represented an open window
on the international scene capable of offering original interpretations of the changes that were
occurring in economic theory and policy.
Key words: Italian Economic Thought; Great Depression; Business Cycle Theory; Institutionalism;
JEL Classification: B25; B21; B22; B31.