{"id":105571,"date":"2025-10-17T14:06:05","date_gmt":"2025-10-17T13:06:05","guid":{"rendered":"https:\/\/www.fondazionepirelli.org\/?p=105571"},"modified":"2025-10-17T14:06:05","modified_gmt":"2025-10-17T13:06:05","slug":"from-the-highs-to-the-lows-italys-economic-history","status":"publish","type":"post","link":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/","title":{"rendered":"From the highs to the lows, Italy&#8217;s economic history"},"content":{"rendered":"<p><em>A contemporary guide to better navigate the events that the country has experienced and is continuing to experience<\/em><\/p><p>The advice is familiar:\u00a0 by understanding the past you can live better in the present and prepare more effectively for the future. This is also true in complex and volatile times such as these, for everyone, including businesses. This sage advice can be put into practice by reading Emanuele Felice&#8217;s latest literary offering. Felice, who teaches Economic History at IULM University in Milan, has updated his book \u2018Ascesa e declino. Una storia dell\u2019economia italiana\u2019 (Rise and fall: A history of the Italian economy), first published ten years ago. This new edition is an opportunity to understand the fundamental milestones of the country&#8217;s recent and distant history. It is a story of alternating periods of prosperity and decline that few other countries have experienced. After its economic and social successes following World War II, Italy now seems to be trapped in decades of stagnation. Felice attempts to answer one question:\u00a0 how could such a decline have occurred? The reasons are numerous and can be found in the political and institutional systems, the role of the elite, and the decisions \u2014 or lack of decisions \u2014 that have had a profound influence on development trajectories.<\/p>\n<p>In this new, updated and expanded edition of his book, Felice provides a critical analysis of the dynamics that have shaped Italian history. He provides the necessary detail while placing the entire narrative in &#8216;a millenary perspective&#8217;, as the first chapter puts it, before outlining liberal Italy, the twenty-year period and the war. He then moves on to &#8216;the golden age&#8217;, as another chapter describes it, before ending with the era of globalisation and today&#8217;s decline.<\/p>\n<p>Emanuele Felice&#8217;s book is an essential read for anyone seeking to understand the roots of Italy&#8217;s successes and failures, and to reflect on its future prospects.<\/p><p><strong>Ascesa e declino. Una storia dell\u2019economia italiana<\/strong><\/p>\n<p>Emanuele Felice<\/p>\n<p>il Mulino, 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A contemporary guide to better navigate the events that the country has experienced and is continuing to experienceThe advice is familiar:\u00a0 by understanding the past you can live better in the present and prepare more effectively for the future. This is also true in complex and volatile times such as these, for everyone, including businesses. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":105550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,56],"tags":[],"class_list":["post-105571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-corporate-culture"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>From the highs to the lows, Italy&#039;s economic history - Fondazione Pirelli<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From the highs to the lows, Italy&#039;s economic history - Fondazione Pirelli\" \/>\n<meta property=\"og:description\" content=\"A contemporary guide to better navigate the events that the country has experienced and is continuing to experienceThe advice is familiar:\u00a0 by understanding the past you can live better in the present and prepare more effectively for the future. This is also true in complex and volatile times such as these, for everyone, including businesses. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/\" \/>\n<meta property=\"og:site_name\" content=\"Fondazione Pirelli\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-17T13:06:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2-649x1024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"649\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"fondadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"fondadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/\",\"url\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/\",\"name\":\"From the highs to the lows, Italy's economic history - Fondazione Pirelli\",\"isPartOf\":{\"@id\":\"https:\/\/www.fondazionepirelli.org\/it\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2.jpg\",\"datePublished\":\"2025-10-17T13:06:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.fondazionepirelli.org\/it\/#\/schema\/person\/f47d097000832c4a6e54538c791fdf25\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#primaryimage\",\"url\":\"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2.jpg\",\"contentUrl\":\"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2.jpg\",\"width\":1594,\"height\":2516},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fondazionepirelli.org\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"From the highs to the lows, Italy&#8217;s economic history\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fondazionepirelli.org\/it\/#website\",\"url\":\"https:\/\/www.fondazionepirelli.org\/it\/\",\"name\":\"Fondazione Pirelli\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fondazionepirelli.org\/it\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fondazionepirelli.org\/it\/#\/schema\/person\/f47d097000832c4a6e54538c791fdf25\",\"name\":\"fondadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fondazionepirelli.org\/it\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e69498a9175ca244966e51e53c88712c024fcebe41f9a05f75657f1bb25e489b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e69498a9175ca244966e51e53c88712c024fcebe41f9a05f75657f1bb25e489b?s=96&d=mm&r=g\",\"caption\":\"fondadmin\"},\"url\":\"https:\/\/www.fondazionepirelli.org\/en\/author\/fondadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"From the highs to the lows, Italy's economic history - Fondazione Pirelli","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/","og_locale":"en_US","og_type":"article","og_title":"From the highs to the lows, Italy's economic history - Fondazione Pirelli","og_description":"A contemporary guide to better navigate the events that the country has experienced and is continuing to experienceThe advice is familiar:\u00a0 by understanding the past you can live better in the present and prepare more effectively for the future. This is also true in complex and volatile times such as these, for everyone, including businesses. [&hellip;]","og_url":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/","og_site_name":"Fondazione Pirelli","article_published_time":"2025-10-17T13:06:05+00:00","og_image":[{"width":649,"height":1024,"url":"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2-649x1024.jpg","type":"image\/jpeg"}],"author":"fondadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"fondadmin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/","url":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/","name":"From the highs to the lows, Italy's economic history - Fondazione Pirelli","isPartOf":{"@id":"https:\/\/www.fondazionepirelli.org\/it\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#primaryimage"},"image":{"@id":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#primaryimage"},"thumbnailUrl":"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2.jpg","datePublished":"2025-10-17T13:06:05+00:00","author":{"@id":"https:\/\/www.fondazionepirelli.org\/it\/#\/schema\/person\/f47d097000832c4a6e54538c791fdf25"},"breadcrumb":{"@id":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#primaryimage","url":"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2.jpg","contentUrl":"https:\/\/wpsite-assets.fondazionepirelli.org\/wp-content\/uploads\/2025\/10\/13094027\/00_Felice_38238-2.jpg","width":1594,"height":2516},{"@type":"BreadcrumbList","@id":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/book-reviews\/from-the-highs-to-the-lows-italys-economic-history\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fondazionepirelli.org\/en\/"},{"@type":"ListItem","position":2,"name":"From the highs to the lows, Italy&#8217;s economic history"}]},{"@type":"WebSite","@id":"https:\/\/www.fondazionepirelli.org\/it\/#website","url":"https:\/\/www.fondazionepirelli.org\/it\/","name":"Fondazione Pirelli","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fondazionepirelli.org\/it\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.fondazionepirelli.org\/it\/#\/schema\/person\/f47d097000832c4a6e54538c791fdf25","name":"fondadmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fondazionepirelli.org\/it\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e69498a9175ca244966e51e53c88712c024fcebe41f9a05f75657f1bb25e489b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e69498a9175ca244966e51e53c88712c024fcebe41f9a05f75657f1bb25e489b?s=96&d=mm&r=g","caption":"fondadmin"},"url":"https:\/\/www.fondazionepirelli.org\/en\/author\/fondadmin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/posts\/105571\/"}],"collection":[{"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/posts\/"}],"about":[{"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/types\/post\/"}],"author":[{"embeddable":true,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/users\/1\/"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/comments\/?post=105571"}],"version-history":[{"count":1,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/posts\/105571\/revisions\/"}],"predecessor-version":[{"id":105572,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/posts\/105571\/revisions\/105572\/"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/media\/105550\/"}],"wp:attachment":[{"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/media\/?parent=105571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/categories\/?post=105571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fondazionepirelli.org\/en\/wp-json\/wp\/v2\/tags\/?post=105571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}