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Italian classical liberal economist.
Sicilian economist, professor at Turin, politician and briefly Italian Minister of Finance.
Francesco Ferrara presented many of his ideas in the critical "prefaces" he authored to a series of Italian translations of the works of the classical economists published as the Biblioteca dell' Economisti in the 1850s. He was an ardent believer in laissez-faire "economic harmonies" in the Manchester School sense, a supporter of the Cavourist liberal regime in Italy and an early free banking proponent. Ferrara also promoted a utility-based theory of value, and so is sometimes also considered to be an important proto-Neoclassical.
Francesco Ferrara was a founder of the Società di economia politica in Turin in 1852. He was also the principal force behind the formation of the Società Adamo Smith in Florence in 1874, in an effort to combat the rising influence of the historicist Lombard-Venetian School
Francesco Ferrara is also regarded as the progenitor of the Italian "Fiscalist" school. Ferrara's conception of public finance examined the interface of the interrelationship between State fiscal policy and social interest. He was highly influential on Maffeo Pantaleoni and, through him, de Viti de Marco. James Buchanan has credited Ferrara as the "grandfather" of the Public Choice school.
Major Works of Francesco Ferrara
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Resources on Francesco Ferrara
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