Ferdinando Galiani

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Galiani, Ferdinando


Born Dec. 2, 1728, in Chieti. died Sept. 30, 1787, in Naples. Italian bourgeois economist and philosopher, statesman, and abbot. One of the forerunners of the Austrian school.

Galiani asserted that the value of a commodity is determined by its utility. However, his concept of value is contradictory: he tried to deduce the source of a commodity’s value from its utility and from the expenditure of labor that went into its production. Galiani considered questions of monetary theory and international trade. He criticized the physiocratic theory and the policy of free trade.


Trattato della moneta. Naples, 1750.
In Russian translation:
Besedy o torgovle zernom. Kiev, 1891.


Marx, K. Kapital, vol. 1. In K. Marx and F. Engels, Soch., 2nd ed., vol. 23, pp. 84, 99, 100, 110, 164, 169, 325, 658.
Marghieri, A. L’Abate Galiani. … Naples, 1878.


References in periodicals archive ?
Williams' scholarly study, Nietzsche and the French (Oxford: Blackwell, 1952, 131n2), Nietzsche got the quotation from Lettres de l'Abbe Galiani a Madame d'Epinay (ed.
D'Epinay's response, on the other hand, was written for a private audience, for her close friend l'abbe Galiani, whose views on women (like Thomas's and Diderot's) she knew were more traditionalist than her own.(27) Hence her oscillation between a half-apologetic, half-aggressivetone, fearful of offending him, yet determined to defend her own views on women.
For an engaging account of d'Epinay's long-standing friendship and correspondence with Galiani, see Francis Steegmuller's recently published A Woman, a Man, and Two Kingdoms: The Story of Madame d'Epinay and the Abbe Galiani (New York: Knopf, 1992).