Sallustio Bandini

Sallustio Bandini (19 April 1677 – 8 June 1760) was an Italian archdeacon, economist, and politician.

He was an advocate of free trade, and removal of local feudal tariffs and tolls. He wrote an influential piece on this subject, titled ''Discorso Economico sopra la Maremma di Siena'', published posthumously in 1775. Approximately two years before his death, Bandini donated his private library to the University of Siena, under the agreement that the almost 3000 volumes would be made publicly available. From this donation the ''Biblioteca della Sapienza'' was formed, now known as '' Biblioteca Comunale degli Intronati''.

Early life

Bandini was born Sallustio Antonio Bandini in Siena to a prominent local family. His father was Patrizio Bandini and his mother was Caterina Piccolomini di Modanella, a member of the influential Piccolomini nobility. He was their third son. Brought up as a soldier, he preferred retiring into the country and giving himself up to agriculture. In 1705, he took holy orders, and became an archdeacon in 1723. He was president of the Accademia dei Fisiocritici, a learned society intended to promote natural sciences rather than literature.

Works

In 1737, he wrote his famous essay on the Sienese marshes, ''Discorso Economico'', offered in manuscript to the grand-duke Francis II in 1739; but not printed till 1775 (''Prima edizione di Firenze per Gaetano Cambiagi stampator granducale''), fifteen years after Bandini’s death. A second edition was issued by Pietro Custodi, ''Scrittori classici italiani di economia politica'', Milan, 1803, ''Parte moderna'', Tomo I. Bandini’s essay contains the following leading principles of political economy. (1) “Human nature gives its best when it can act unfettered; consequently, the fewer and simpler the laws the better.” — (2) As a corollary from the preceding principle, “abolition of all vexatious taxes and reduction of state officials to a minimum.” — (3) Abolition of laws regulating prices; “if proprietors and peasants grow rich through high prices of agricultural produce, so much the better for the consumers, because more produce will be produced for them.” — (4) “The want of commercial and industrial liberty causes famines.” — (5) “ Laws against monopolies (natural) and corners are based on prejudices.” — (6) Rapidity and facility of exchange, not abundance of money, are the causes of wealth. — (7) A single tax is easier and cheaper for all parties concerned than a great many; it ought to be imposed on land and farmed out.

The Sienese marshes, which Bandini hoped to reclaim by the adoption of these maxims, constitute the lower part of the province of Siena and about two-fifths of the whole of Tuscany. His maxims, neglected by Francis, inspired the policy of the grand-duke Peter Leopold of Tuscany, but the Maremma benefited by it only after the granduke had charged the mathematician Leonardo Ximenes to investigate the hydrostatical problems of the case, and received a favourable report upon Bandini’s suggestions.

Legacy

Bandini is memorialised for his enlightened discourse on economics with a statue in the centre of Siena's Piazza Salimbeni, by the main entrance to Banca Monte dei Paschi di Siena, who commissioned the work. The statue was completed by Italian sculptor Tito Sarrocchi in 1880, more than a century after Bandini's death.

Works

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References

Bibliography

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{{DEFAULTSORT:Bandini Sallustio
1677 births
1760 deaths
Archdeacons
Italian economists
18th-century Italian writers
18th-century Italian male writers
Writers from Siena