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Luigi Einaudi made an outstanding contribution to economics during his long career as economist, historian and policy-maker. This book makes an important selection of his works available in English for the first time. Topics covered include: taxation of consumption rather than income; European unity; and political and economic liberalism.

Luigi Einaudi: Selected Economic Essays

Acknowledgements Editors' Introduction Know before Legislation PART I: POLITICAL AND ECONOMIC LIBERALISM Lectures on the Market The Beauty of the Struggle Economic Liberalism and Political Liberalism The End of 'Laissez-faire' PART II: MONEY AND BANKING On other Pseudo-commercial and Pseudo-bank Containers Banks with Adjectives Debts My Plan is not Keynes's The Concluding Remarks of the Governor of the Bank of Italy for the Year 1946 The Theory of Imaginary Money from Charlemagne to the French Revolution Noise PART III: PUBLIC FINANCE Contribution to the Quest for an 'Optimal Tax' On the Source of Saving and the Taxation of Normal Income as an Approximation of the Exclusion of Income from the Tax Base The Optimal Tax as a Neutral Tax, in the Physiocrats, in Smith and the Italian Catastiti of the Eighteenth-Century PART IV: EUROPEAN ECONOMIC INTEGRATION Why we Need a European Economic Federation The Economic Tasks of the European Federation The Instruments of the Federal Administration Notes Chronology of the Life and Works of Luigi Einaudi in the Context of His Time Index of Names