Editorial, it happened a 48

It occurred a 48. This expression with strong historical connotations referring to the People’s Spring in 1848 that characterized Europe with political upheavals in the name of democracy and liberality has remained in the Italian common lexicon to indicate a situation of sudden and general chaos. However, as most of the readers will have by now guessed, this is not the main reason why this magazine is called in such a way. Collaterally, nevertheless, 48 aims to be the engine of inspiration for the readers – students, researchers, and, extensively, all faculty members – to trigger stimulating discussion on real-world subjects using the competencies and knowledge acquired during their studies and professional experience and give them a place where they can share in a public debate their economic-and-not opinions on relevant topics. 48 aspires, in a sense, to recall the ancient Greek ἀγορά, the main square of the city-states, πόλεις, the place par excellence for democracy, dialogue and confrontation as venue of citizens’ assemblies reunited to discuss community issues, where opposite voices can raise up. To remain in the Greek framework, 48 aims to be seen also as an οἶκος, a house and a family, being not only the former name of the building that hosts us but also one of the two etymological roots that compose the subject which we are devoting our studies to.

48 takes up the challenge of entering in the complex framework of university magazines distinguishing itself not only for its peculiar format, that at the same time might initially give troubles in interpreting the right sense for reading, but also for the focus on a different branch of economics in each of the issues. The core of the magazine is an interview with a faculty member of Paris School of Economics, who will answer our questions and give an overall point of view on the specific economic research area which will be the spotlight of each issue. There will also be room for non-economic articles and an entertainment side, for those who would like to read 48 during their breaks from studying and do not want to read about economics anymore, even though we cannot commit to completely avoid economics in this side. Last, we reputed necessary the inclusion of a professional corner, in the shape of an interview to current students or alumni who share their experiences of internships and professional activities, answering those questions each of us would like to ask them.

« The floor is now open to PSE

students standing up in the ἀγορά. »

To this regard, the 48 team has unanimously decided to start the first edition of the magazine with what is currently considered one of the hottest research areas, environmental economics. The Nobel prize awarded to William Nordhaus is just the cherry on top of a field whose horizons can be expanded most in terms of research. The main reason is in the public eye: the systemic issue faced by climate change – and extensively environment – urges researchers to bring nature into the realm of economic analysis. This is more than an environmental problem, and, as such, research topics investigated by environmental economics cover a complex network of impacts on other areas of research, among which development, labor, inequality and market regulation. Living firsthand the environmental transition and these challenges might lead us raising questions that have never been asked before. The floor is now open to PSE students standing up in the ἀγορά. Make sure you have your place for the next issue. This is your magazine.


Guglielmo Zappalà (M1 APE)

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