The first reception of James Steuart in Italy: Giovanni Tamassia and his liberal economic reading of the Principles of Political Economy

Abstract

ABSTRACTThis article has two aims. The first is to explore the early reception of James Steuart in Italy, focusing on Giovanni Tamassia’s writings. In his Dello spirito di riforma, written between 1799 and 1800, Tamassia was the first Italian author to assume Steuart as a point of reference in economic analysis. Largely re-proposing Steuart’s considerations on the issues of redistribution of land, of luxury, and of comparison between ancient and modern times, he contributed decisively to the first circulation in Italy of the Principles of Political Economy. The second aim is to shed light on the singular reading given by Tamassia of Steuart’s thought. In his works Lezione di economia politica and Delle scienze e della libertà relativamente al commercio, the Italian author proposed an economic liberal reading of the Principles. Deliberately downplaying the importance attributed by Steuart to protectionist policies, he attempted to demonstrate the compatibility between the economic theories of Steuart and those of Smith in the matter of economic freedom. Rather than being based on the grounds of a rigorous economic analysis, Tamassia’s reading reflected a deliberate attempt to make Steuart’s thought compatible with an economic and political culture centred on the defence of freedom.