An Inquiry on Sound Money and Trade in Ferdinando Galiani’s Works


This conference was based on Galiani's Della Moneta, a book with insights and analysis well above his time, and on Dialogues on the Grain Trade, his most famous work. We assessed Galiani's claims of natural law as a foundation for understanding money and trade and as a justification for sound monetary and commercial policy by themselves, as well as to compare his justifications and policy prescriptions in regard to money with later authors such as Adam Smith, Menger, and Hayek.


Conference Readings

Galiani, Ferdinando, “Dialogues on the Trade of Grains” In Commerce, Culture, & Liberty: Readings on Capitalism before Adam Smith, edited by Henry C. Clark, 598-609. Indianapolis: Liberty Fund, Inc., 2003.

Galiani, Ferdinando. Della Moneta [On Money]. Edited by Peter R. Toscano. Translated by Peter R. Toscano. Ann Arbor: University Microfilms International, 1977.

Hayek, F. A. “The Use of Knowledge in Society.” The American Economic Review 35, no. 4 (September 1945): 519-530.

Kaplan, Steven Laurence. La Bagarre: Galiani’s “Lost” Parody. The Hague: Martinus Nijhoff Publishers, 1979.

Menger, Carl. The Origins of Money. Auburn: Ludwig von Mises Institute, 2009.

Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. Edited by R. H. Campbell, A. S. Skinner, and W. B. Todd. Indianapolis: Liberty Fund, 1981.

Spang, Rebecca L. Stuff and Money in the Time of the French Revolution. Cambridge: Harvard University Press, 2015.