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Luigi Einaudi's economics of liberalism


  • Francesco Forte
  • Roberto Marchionatti


The paper delineates a profile of Luigi Einaudi as an economist and answers to the question: what kind of economist was Einaudi?. It describes the major trends of classical and neoclassical economic thought that influenced his background and focuses on his conception of economic science: method and vision, fields of application (from the Italian economy to the the Great Crisis) and his theory of economic policy ( Buongoverno ). The paper maintains that Einaudi possessed the qualities of the great economists of the past but his understatement in the manner of presenting his positions and his style of argument have overshadowed the great economist he was.

Suggested Citation

  • Francesco Forte & Roberto Marchionatti, 2012. "Luigi Einaudi's economics of liberalism," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 19(4), pages 587-624, August.
  • Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:587-624
    DOI: 10.1080/09672567.2010.540346

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    References listed on IDEAS

    1. Ferdinando Meacci (ed.), 1998. "Italian Economists of the 20th Century," Books, Edward Elgar Publishing, number 1028.
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    Cited by:

    1. Silvestri, Paolo, 2009. "Mosca, Ruffini ed Einaudi: Politica, diritto ed economia in difesa della libertà
      [Mosca, Ruffini and Einaudi: politics, jurisprudence and economics in defence of freedom]
      ," MPRA Paper 59548, University Library of Munich, Germany, revised 2009.
    2. Paolo Silvestri, 2016. "Disputed (Disciplinary) Boundaries: Philosophy, Economics and Value Judgments," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 24(3), pages 187-221.
    3. Silvestri, Paolo, 2015. "Disputed (Disciplinary) Boundaries. Philosophy, Economics, Value Judgments," CESMEP Working Papers 201504, University of Turin.
    4. Silvestri, Paolo, 2006. "Il buon governo nel pensiero di Einaudi e Mosca: tra governo della legge e governo degli uomini
      [The good government in the thought of Einaudi and Mosca: between ‘rule of law’ and ‘rule of men’]
      ," MPRA Paper 59942, University Library of Munich, Germany, revised 2006.
    5. Alberto Mingardi, 2017. "Classical Liberalism in Italian Economic Thought, from the Time of Unification," Econ Journal Watch, Econ Journal Watch, vol. 14(1), pages 1-22–54, January.
    6. Silvestri, Paolo, 2012. "The ideal of good government in Luigi Einaudi's Thought and Life: Between Law and Freedom," MPRA Paper 55351, University Library of Munich, Germany.
    7. Silvestri, Paolo, 2010. "Liberalismo, legge, normatività. Per una rilettura epistemologica del dibattito Croce-Einaudi
      [Liberalism, law, normativity. For an epistemological re-reading of the Croce-Einaudi debate]
      ," MPRA Paper 60051, University Library of Munich, Germany, revised 2009.
    8. Silvestri, Paolo, 2007. "Rileggendo Einaudi e Croce: spunti per un liberalismo fondato su un’antropologia della libertà
      [Re-reading Einaudi and Croce: hints for a liberalism founded on an anthropology of freedom]
      ," MPRA Paper 59612, University Library of Munich, Germany, revised 2006.
    9. Silvestri, Paolo, 2015. "Anthropology of freedom and tax justice: between exchange and gift. Thoughts for an interdisciplinary research agenda," MPRA Paper 67644, University Library of Munich, Germany.
    10. Silvestri, Paolo, 2010. "Veritas, Auctoritas, Lex. Scienza economica e sfera pubblica: sulla normatività del 'Terzo'
      [Veritas, Auctoritas, Lex. Economic Science and Public Sphere: On the Normativity of the 'Third']
      ," MPRA Paper 59538, University Library of Munich, Germany, revised 2009.
    11. Forte, Francesco & Silvestri, Paolo, 2015. "Luigi Einaudi," MPRA Paper 62319, University Library of Munich, Germany, revised 2014.

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