The Bocconi boys go to Brussels: Italian economic ideas, professional networks and European austerity

  title={The Bocconi boys go to Brussels: Italian economic ideas, professional networks and European austerity},
  author={Oddn{\'y} Helgad{\'o}ttir},
  journal={Journal of European Public Policy},
  pages={392 - 409}
ABSTRACT This article shows how a specific set of Italian economic ideas, which were first formulated in the first half of the twentieth century and later espoused by a network of economists from Bocconi University, Milan, came to play an important role in shaping European policy responses to the Great Recession and establishing the doctrine of ‘expansionary austerity.' It argues that two factors – the formalization of these ideas in the language of mainstream economics and the establishment of… 

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