Alberto Beneduce
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Alberto Beneduce
Alberto Beneduce (29 May 1877 – 26 April 1944) was an Italian politician, scholar and financier, who was among the founders of many significant state-run finance institutions in Italy. Early life and education Beneduce was born in Caserta on 29 March 1877. He earned a mathematics degree from the University of Naples. Career and views Beneduce was a socialist and was a leading member of the Italian Reformist Socialist Party. He was elected to the Chamber of Deputies in 1919 and 1921 representing the party from his hometown Caserta. Beneduce managed to connect with high finance figures and to collaborate with the Italy's fascist regime. He worked in different capacities, including statistician, teacher, demographer, agricultural and insurance specialist. He was a university professor of statistics and demography until 1919. He contributed to the establishment of the national institution of insurance (INA), which was founded in 1912. He also headed the INA from 1912 to 1919. ...
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Caserta
Caserta () is the capital of the province of Caserta in the Campania region of Italy. It is an important agricultural, commercial, and industrial ''comune'' and city. Caserta is located on the edge of the Campanian plain at the foot of the Campanian Subapennine mountain range. The city is best known for the Royal Palace of Caserta. History Anciently inhabited by Osco- Samnite tribes, modern Caserta was established around the defensive tower built in Lombard times by Pando, Prince of Capua. Pando destroyed the original city around 863. The tower is now part of the Palazzo della Prefettura that was once the seat of the counts of Caserta, as well as a royal residence. The original population moved from Casertavecchia (former bishopric seat) to the current site in the sixteenth century. Casertavecchia was built on the Roman town of ''Casa Irta'', meaning "home village located above" and later contracted as "Caserta". The city and vicinity were the property of the Acquaviva fam ...
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Benito Mussolini
Benito Amilcare Andrea Mussolini (; 29 July 188328 April 1945) was an Italian politician and journalist who founded and led the National Fascist Party. He was Prime Minister of Italy from the March on Rome in 1922 until his deposition in 1943, and "Duce" of Italian Fascism from the establishment of the Italian Fasces of Combat in 1919 until his execution in 1945 by Italian partisans. As dictator of Italy and principal founder of fascism, Mussolini inspired and supported the international spread of fascist movements during the inter-war period. Mussolini was originally a socialist politician and a journalist at the ''Avanti!'' newspaper. In 1912, he became a member of the National Directorate of the Italian Socialist Party (PSI), but he was expelled from the PSI for advocating military intervention in World War I, in opposition to the party's stance on neutrality. In 1914, Mussolini founded a new journal, ''Il Popolo d'Italia'', and served in the Royal Italian Army durin ...
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Order Of The Crown Of Italy
The Order of the Crown of Italy ( it, Ordine della Corona d'Italia, italic=no or OCI) was founded as a national order in 1868 by King Vittorio Emanuele II, to commemorate the unification of Italy in 1861. It was awarded in five degrees for civilian and military merit. Today the Order of the Crown has been replaced by the Order of Merit of Savoy and is still conferred on new knights by the current head of the house of Vittorio Emanuele, Prince of Naples. Compared with the older Order of Saints Maurice and Lazarus (1572), the Order of the Crown of Italy was awarded more liberally and could be conferred on non-Catholics as well; eventually, it became a requirement for a person to have already received the Order of the Crown of Italy in at least the same degree before receiving the Order of Saints Maurice and Lazarus. The order has been suppressed by law since the foundation of the Republic in 1946. However, Umberto II did not abdicate his position as ''fons honorum'' and it rema ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Enrico Cuccia
Enrico Cuccia (24 November 1907 – 23 June 2000) was an Italian banker, who was the first and long-term president of Mediobanca SpA, the Milan-based investment bank, and a significant figure in the history of capitalism in Italy. Early life and education Cuccia was born into a Sicilian people, Sicilian family in Rome on 24 November 1907. He was of Arbereshe people, Arbereshe origin. His family was Catholicism, Catholic. His father was a senior civil servant at the finance ministry. In 1930, Enrico Cuccia received a law degree. Career Cuccia started his career as a journalist, but he left soon. He began to work at the central bank of Italy and served in Ethiopia. In 1934, he joined the state-run holding group, Istituto per la Ricostruzione Industriale (IRI). Then he began to serve as a manager at IRI's Banca Commerciale Italiana in 1938. In 1946, he was appointed president of Mediobanca when it was founded. Subsequently, he was the first head of the bank, which was initially ...
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Deflation
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). Inflation reduces the value of currency over time, but sudden deflation increases it. This allows more goods and services to be bought than before with the same amount of currency. Deflation is distinct from disinflation, a slow-down in the inflation rate, i.e. when inflation declines to a lower rate but is still positive. Economists generally believe that a sudden deflationary shock is a problem in a modern economy because it increases the Real versus nominal value (economics), real value of debt, especially if the deflation is unexpected. Deflation may also aggravate recessions and lead to a deflationary spiral. Some economists argue that prolonged deflationary periods are related to the underlying of technological progress in an economy, because as productivity increases (Total factor productivity, TFP), t ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Assicurazioni Generali
Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or simply Generali Group is an Italian insurance company based in Trieste. As of 2019, it is the largest of its kind in Italy and among the top ten largest insurance companies in the world by net premiums and assets. The company was founded on December 26, 1831, as ('Imperial and Royal Privileged Company for General Austrian-Italian Insurances'). At the time, Trieste was the most important seaport of the Austrian Empire. The company grew in importance, becoming one of the largest insurance operators both in Italy and in Central Europe. , the company ranks 57th on the Fortune Global 500 list of companies and 43rd on MITs worldwide "Smartest Companies" ranking in 2015. Generali's major competitors at the international level are AXA, Allianz and Zurich Insurance Group. Operations Generali operates primarily in Europe, the Middle East, and East Asia, with large market shares in Italy, Czech Republic, Poland, ...
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Edison (company)
Edison S.p.A. is an Italian electric utility company headquartered in Milan. The company was established in 1884 and acquired by Electricité de France in 2012. Edison employs more than 5,000 people in Europe, North Africa and the Middle East. Chairman of the board is Luc Rémont (CEO of EDF) and chief executive officer is Nicola Monti. History Early history (1884-1966) Founded in 1884 by Giuseppe Colombo in Milan, Italy, as "Società generale italiana di elettricità sistema Edison", it served the purpose of introducing and applying Thomas Edison's inventions to Italy. Indeed, Colombo, an engineering professor, was a great admirer of Edison, whom he had met in the United States in 1881, securing an exclusive licence for some of his patents for Italy and hiring some of his collaborators. Edison operated Santa Radegonda power plant, Europe's first power plant. In the following decades Edison continued growing, especially in hydroelectric power, and came to control power distrib ...
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Montecatini Terme
Montecatini Terme is an Italian municipality (''comune'') of c. 20,000 inhabitants in the province of Pistoia, Tuscany, central Italy. It is the most important center in Valdinievole. The town is located at the eastern end of Piana di Lucca and has a strong tourism industry, as well as industrial and commercial industries related to the spa, which in turn has increased the interest for hotel accommodation in the region. In 2021, the town became part of the transnational "Great Spa Towns of Europe" UNESCO World Heritage Site, because of its famous mineral springs and its architecture exemplifying the popularity of spa resorts in Europe during the 18th through 20th centuries. History The presence of humans in the area of Montecatini is very old. Probably from Paleolithic times the region was frequented by itinerant hunters, but only from the Mesolithic period is there evidence of numerous settlements, especially in the hills of the Valdievole. Records of the thermal springs i ...
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