Tuesday, May 11, 2010

The Austrian School of economics: its Italian roots

Several early Italian economists influenced the development of continental European economic thought in the centuries before Carl Menger, the founder of the Austrian School of economics: Gian Francesco Lottini (1512–1572), Bernardo Davanzati (1529–1606), Geminiano Montanari (1633–1687), and Ferdinando Galiani (1728–1787). Galiani, in particular, with his contributions to value theory, interest

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