Skip to main content

His Fate in the US

  • Chapter
  • First Online:
Antonio de Viti de Marco

Abstract

Asso recounts the many difficulties De Viti de Marco met with over the translation of his book First Principles of Public Finance, the reviews expressing diametrically opposed opinions, from F.C. Benham on the German translation (1932) to H.C. Simons on the English translation (1936).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    Information about the way De Viti’s Principi was received in other countries is to be found in D. Fausto (1995) ‘I Principi di economia finanziaria nella letteratura straniera’, in A. Pedone (ed.) Antonio de Viti de Marco (Bari, Laterza), 80–102.

  2. 2.

    J. B. Clark, S. N. Patten, F. A. Fetter (1910) ‘The Phenomena of Economic Dynamics. Papers and discussions of the XXII annual meeting, NY, December 27–31, 1909’, American Economic Association Quarterly, s. III, XI, 1, 123–135.

  3. 3.

    A. de Viti de Marco (1936) First Principles of Public Finance (New York, Harcourt Brace & Co.—London, Jonathan Cape).

  4. 4.

    Frank William Taussig (1859–1940) was called the ‘American Marshall’ for his approach and big influence.

  5. 5.

    F. W. Taussig (1896) Wages and Capital (London/New York, Macmillan).

  6. 6.

    A. de Viti de Marco (1934) La Funzione della Banca 2nd edn (Torino, Einaudi).

  7. 7.

    H. Parker Willis (1898) ‘Review of La Funzione della Banca by A. de Viti de Marco’, The Journal of Political Economy, VI, 4, 573–574.

  8. 8.

    A. de Viti de Marco (1928) I Primi Principi dell’Economia Finanziaria (Roma, Sampaolesi); English translation (1936) First Principles of Public Finance (New York, Harcourt Brace & Co.—London, Jonathan Cape).

  9. 9.

    E.R.A. Seligman (1895) Essays in Taxation (New York-London, Macmillan).

  10. 10.

    Lionel Charles Robbins (1898–1984) taught at the London School of Economics from 1925, decisively influencing its development and the formation within it of a circle of economists opposed to the Keynesian theories of Cambridge.

  11. 11.

    F.C. Benham (1934) ‘Principi di Economia Finanziaria. A. de Viti de Marco (Einaudi: Torino, 1934) - Grundlehren der Finanzwirtschaft. A. De Viti de Marco (J. C. B. Mobor: Tübingen, 1932)’, Economica, n.s. I, 364–367.

  12. 12.

    A. W. Marget (1938–42) The Theory of Prices; A Re-examination of the Central Problems of Monetary Theory (New York, Prentice-Hall), 2 vols.

  13. 13.

    J.M. Keynes (1936) The General Theory of Employment Interest and Money (London, Macmillan).

  14. 14.

    Jacob Viner (1892–1970), Frank H. Knight (1885–1972) and Henry C. Simons (1899–1946), in the period between the two world wars were leading figures in the Chicago School, a pillar of neo-classical theory and free trade liberalism.

  15. 15.

    At Chicago Paul H. Douglas, together with the mathematician Charles W. Cobb, empirically tested a particular production function originally used by Knut Wicksell, which had become a classic of microeconomic theory.

  16. 16.

    Milton Friedman (1912–2006) and George Stigler (1911–1991) in the 60s gave the Chicago School an even greater emphasis to its free market approach.

  17. 17.

    H. C. Simons (1936) ‘Rules versus Authorities in Monetary Policy’, Journal of Political Economy, XLIV, February, 1–30.

  18. 18.

    John Brian Taylor (b. 1946) in 1993 worked out a rule of monetary policy to indicate to Central Banks how to determine interest rates.

  19. 19.

    H. C. Simons (1937) ‘Review of First Principles of Public Finance by Antonio De Viti De Marco’, Journal of Political Economy, XLV, October, 712–717.

  20. 20.

    Irving Fisher (1867–1947) was one of the greatest American mathematical economists, well known among other things for his theory of interest.

  21. 21.

    P. F. Asso e L. Fiorito (2001) Dalla Periferia al Nuovo Mondo. La Diffusione del Pensiero Economico Italiano negli Stati Uniti, 1890–1940 (Torino, Ente per gli studi monetari, bancari e finanziari Luigi Einaudi).

Author information

Authors and Affiliations

Authors

Copyright information

© 2016 The Editor(s) (if applicable) and The Author(s)

About this chapter

Cite this chapter

Asso, P.F. (2016). His Fate in the US. In: Antonio de Viti de Marco. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-53493-4_9

Download citation

  • DOI: https://doi.org/10.1057/978-1-137-53493-4_9

  • Published:

  • Publisher Name: Palgrave Macmillan, New York

  • Print ISBN: 978-1-137-53492-7

  • Online ISBN: 978-1-137-53493-4

  • eBook Packages: HistoryHistory (R0)

Publish with us

Policies and ethics