Luigi Einaudi, the Father of the 'Fathers of Europe'

Luigi Einaudi produced an extensive series of writings dedicated to European federation spanning from 1897 to 1959. In these works, he designs the policies and the institutions of European federation, anticipating the future developments of the European integration process. Several of his proposals are now embedded in the various treaties which have landmarked the history of uniting Europe. However, a number of other proposals have yet to be realised, and could represent a source of inspiration in designing the future of the EU. Einaudi is shown here to be the architect of what we call today the European Union, however no historian, economist or politician has previously recognised the fundamental role of Einaudi. This lack of recognition can be extended to Eurotower bankers, whose unconventional monetary policy has drawn so much from Einaudi’s theory of financial stability.