Government Intervention in the Italian Economy

Pasquale Bova: Government can do certain things, can issue certain rules, can regulate certain markets, can allow interesting companies to be freer or less freer to move on. Can tax them or can tax more of them.

Of course, what is more important for the Italian economy is to regain trust in itself and, you know, the Italian companies has to regain trust in themselves and to keep growing with spirit of innovation that they had for so many years from the 50s, 60s, 70s, 80s.

There is a crisis, of course, in Europe, as we know, I mean it’s the productivity doesn’t grow as much as we would like. The industrial output doesn’t grow as much as we would like. The internal demand is kind of soft, but it keeps innovation in terms of moving things.

And I hope the Italian economy at large can find again its spirit of innovation that was the characteristic of the economy and the Italian companies for so many years.

Recorded: September 24, 2008

 

Pasquale Bova references the past to see a brighter future for the Italian economy.

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

26 ultra-rich people own as much as the world's 3.8 billion poorest

The Oxfam report prompted Anand Giridharadas to tweet: "Don't be Pinkered into everything's-getting-better complacency."

Getty Images and Wikimedia Commons
Politics & Current Affairs
  • A new report by Oxfam argues that wealth inequality is causing poverty and misery around the world.
  • In the last year, the world's billionaires saw their wealth increase by 12%, while the poorest 3.8 billion people on the planet lost 11% of their wealth.
  • The report prompted Anand Giridharadas to tweet: "Don't be Pinkered into everything's-getting-better complacency." We explain what Steven Pinker's got to do with it.
Keep reading Show less

People who constantly complain are harmful to your health

Moans, groans, and gripes release stress hormones in the brain.

Photo credit: Getty Images / Stringer
popular

Could you give up complaining for a whole month? That's the crux of this interesting piece by Jessica Hullinger over at Fast Company. Hullinger explores the reasons why humans are so predisposed to griping and why, despite these predispositions, we should all try to complain less. As for no complaining for a month, that was the goal for people enrolled in the Complaint Restraint project.

Participants sought to go the entirety of February without so much as a moan, groan, or bellyache.

Keep reading Show less
Videos
  • Facebook and Google began as companies with supposedly noble purposes.
  • Creating a more connected world and indexing the world's information: what could be better than that?
  • But pressure to return value to shareholders came at the expense of their own users.
Keep reading Show less