By exploring the price dynamics and business cycle of the Italian economy with reference to the most important international events, this text sheds new light on the country's current situation. Using a long-term analytical framework underpinned by principal theoretical approaches, the analysis places particular emphasis on price dynamics. The text begins with the country's post-war difficulties and then covers the boom-and-bust period of the "Italian miracle," before moving onto the lasting inflationary process of the 70s and 80s, and finally the financial crisis of the 90s and the...