Bologna School

The Bologna School refers to a group of Italian economists and policymakers in the mid-20th century who aimed to modernize Italy’s economy and promote free-market principles. Influenced by classical liberal ideas, they emphasized reducing government intervention, fostering competition, and encouraging private enterprise to boost growth and efficiency. Their work contributed to Italy’s post-war economic recovery and shaped policies aligned with European economic integration. The Bologna School is also associated with the University of Bologna, where many of these ideas and influential academic debates originated, reflecting Italy’s efforts to modernize its economic thought and policy frameworks during that period.