When we have arrived at the point where policy is in retreat because it is incapable of expressing ideas and ideals, institutions are in check and the object of growing mistrust and the cruling classes are unprepared and unable to express positive qualities, it is necessary to understand the motivations that led us into this phase of deep unease.
Prof. Ferruccio Pezzani, in his article published by "Avvenire" on Tuesday, Sptember 23, tackles a subject as complex as it is fascinating and which philosophers and economists have pondered over the centuries. Is Economics a science? And, if so, what kind of science is it?
The fundamental economic problem of the post-World War II era which the Bretton Woods conference intended to address, was to avoid a system of flexible exchange rates that could have nourished the reasons for international conflict. To avoid such a result, a process was begun, aimed at creating international institutions and a fixed-rate system of monetary exchange.
Coherently with the call addressed by Pope Francis “to initiate processes rather than occupy spaces”, today the challenge of politics has to be played on the grounds of inclusion, whether you consider democracy in terms of liberty, or you consider it in terms of equality.
The debate between Christianity and classical liberalism turns up again cyclically, and there is always someone who brandishes the concept of "social justice" as the reason for their incommunicability and irreconcilability.
Freedom, creativity and uniqueness are taken as the human characteristics that allow us to lift ourselves from the merely contingent, through the promotion of political, economic and cultural institutions, by leveraging our limitations, which result in the instruments - the only ones, moreover - able to increase our knowledge, since we can only learn from our and others’ mistakes.