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{{Short description|16th-century Italian philosopher and economist}}
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{{for|the Italian comics writer|Antonio Serra (comics)}} {{for|the Italian comics writer|Antonio Serra (comics)}}
'''Antonio Serra''' was a late 16th century ] philosopher and economist in the Mercantilist tradition. ]
'''Antonio Serra''' was a late 16th-century ] philosopher and economist in the ] tradition.


==Biography==
Little is known about his life. He was born in ] in the late 16th century. When working in ], he applied himself to solving the enormous social and economic problems created by the Spanish viceroy system. In 1613 Serra was jailed due to his involvement in a conjure with the philosopher ] attempting to free ] from the Spanish domination. During the imprisonment he wrote several works including ''Città del sole'', a treaty which describes an ideal form of republic. His political views were later compared to those of Bacon and Machiavelli. Little is known about Serra's life. He was born in ] in the late 16th century (the dates of his birth and death are unknown<ref>], ''The wealth of ideas: a history of economic thought'', Cambridge University Press, 2005, p. 48.</ref>). When working in ], he applied himself to solving the enormous social and economic problems created by the Spanish viceroy system. In 1613 Serra was jailed for unknown reasons but possibly due to his involvement in a conspiracy with the philosopher ] attempting to free ] from the Spanish domination.


In his treaty ''Breve trattato delle cause che possono far abbondare li regni d’oro e d’argento dove non sono miniere'', Serra analysed the causes of the shortage of coin in the ] and the factors that could have reversed this economic trend. He was the first to analyse and fully understand the concept of balance of trade for both visible goods and invisible services and capital movements. He explained how the shortage of coin in the Kingdom of Naples was due to balance of payments deficit. Using his findings he was able to reject the popular idea at the time that the scarcity in money was due to the exchange rate. The solution to the problem was found in the active encouragement of exports. In his treatise, ''Breve trattato delle cause che possono far abbondare li regni d’oro e d’argento dove non sono miniere'', Serra analysed the causes of the shortage of coin in the ] and the factors that could have reversed this ]. He was the first to analyse and fully understand the concept of balance of trade for both visible goods and invisible services and capital movements. He explained how the shortage of coin in the Kingdom of Naples was due to balance of payments deficit. Using his findings he was able to reject the popular idea at the time that the scarcity in money was due to the exchange rate. The solution to the problem was found in the active encouragement of exports.


He also found the cause of difference between poor Naples and rich Venice in that Venice had industry with increasing returns while Naples only had agriculture and primitive artisanry with no such advantages.
== References ==

* {{it icon}}
== English translations==
* http://www.blackwell-synergy.com/doi/abs/10.1111/j.1536-7150.1991.tb02304.x
* Serra, Antonio (1613), ''A Short Treatise on the Wealth and Poverty of Nations'' edited by Sophus A. Reinert (2011), Anthem Press {{ISBN|978-0-85728-973-5}}

==References==
{{Reflist}}

==Sources==
* {{in lang|it}}
*

==External links==
* {{DBI |title= SERRA, Antonio |url=https://www.treccani.it/enciclopedia/antonio-serra_(Dizionario-Biografico)|last= Addante|first= Luca|volume= 92}}
* {{Gutenberg author | id=25364| name=Antonio Serra}}
* {{Internet Archive author |sname=Antonio Serra}}
{{Mercantilists}}

{{Authority control}}


{{DEFAULTSORT:Serra, Antonio}} {{DEFAULTSORT:Serra, Antonio}}
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Latest revision as of 11:08, 3 March 2024

16th-century Italian philosopher and economist For the Italian comics writer, see Antonio Serra (comics).
Antonio Serra

Antonio Serra was a late 16th-century Italian philosopher and economist in the mercantilist tradition.

Biography

Little is known about Serra's life. He was born in Cosenza in the late 16th century (the dates of his birth and death are unknown). When working in Naples, he applied himself to solving the enormous social and economic problems created by the Spanish viceroy system. In 1613 Serra was jailed for unknown reasons but possibly due to his involvement in a conspiracy with the philosopher Tommaso Campanella attempting to free Calabria from the Spanish domination.

In his treatise, Breve trattato delle cause che possono far abbondare li regni d’oro e d’argento dove non sono miniere, Serra analysed the causes of the shortage of coin in the Kingdom of Naples and the factors that could have reversed this economic trend. He was the first to analyse and fully understand the concept of balance of trade for both visible goods and invisible services and capital movements. He explained how the shortage of coin in the Kingdom of Naples was due to balance of payments deficit. Using his findings he was able to reject the popular idea at the time that the scarcity in money was due to the exchange rate. The solution to the problem was found in the active encouragement of exports.

He also found the cause of difference between poor Naples and rich Venice in that Venice had industry with increasing returns while Naples only had agriculture and primitive artisanry with no such advantages.

English translations

  • Serra, Antonio (1613), A Short Treatise on the Wealth and Poverty of Nations edited by Sophus A. Reinert (2011), Anthem Press ISBN 978-0-85728-973-5

References

  1. Alessandro Roncaglia, The wealth of ideas: a history of economic thought, Cambridge University Press, 2005, p. 48.

Sources

External links

Mercantilists
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