Turin, goodbye to the economist Terenzio Cozzi

TURIN. Terenzio Cozzi, professor emeritus of the University of Turin, former professor of Political Economy and academic of the Lincei, has passed away. Born in Portogruaro, in the province of Venice, 82 years ago, Cozzi was a member of the Accademia dei Lincei since 1994. He had a degree in Economics and Commerce from the Catholic University of Milan. In the courses of political economy held by Siro Lombardini, his teacher, he became a companion and friend of many others who would become professors at the University of Bologna and at the Cattolica, in that ideal choice of economics as a social science for the common good. After Siro Lombardini, his teacher at the Cattolica first and then in Turin, he took his PhD at the University of Cambridge: here his teachers were Richard Goodwin and Luigi Pasinetti. Those who supported him in the University, in the Luigi Einaudi Foundation in Turin and in the Accademia dei Lincei remember him as personality animated by a constructive and generous spirit.
Professor at only 30 years old
Cozzi became a full professor at a very young age, in his thirties, for his important contributions to the theory of economic dynamics. His scientific activity was continuous on issues of development, macroeconomics, theory of value and distribution, on the so-called theorems of Modigliani and Pasinetti, on the economic cycle. He was an authentic interpreter of that school by the “Italo-Cambridgian” economists who were headed by Piero Sraffa and Luigi Pasinetti but also by JM Keynes and Johan Robinson. He was also a profound connoisseur of the economic thought of the Classics and of Keynesian theory, fields in which he made original contributions. He was also very interested in great Italian economists and in particular in Luigi Einaudi.
The assignments
Member of the Scientific Committee of the Luigi Einaudi Foundation of Turin since 1973, and for many years its president, he was also Director of the University of Turin from 1971 to 1974 and member of the Scientific Committee of Political Economy, magazine of the Il Mulino Publishing Company since 1983 and of the Editorial Committee of il Mulino from 1989 to 1993, the year in which he joined the Board of Directors.