00:00March 24, 1874
00:04Luigi Einaudi was born in Carrù, in the province of Cuneo,
00:09second President of the Italian Republic and economist, politician and journalist.
00:16Einaudi's economic thought is marked by liberalism,
00:21It exalts individuality, freedom of initiative and pragmatism.
00:26For Einaudi, civil liberties are inseparable from economic liberties.
00:32Each freedom can emerge only in the presence of the others.
00:36Long live the first President of the Italian Republic.
00:39Parliament elected Luigi Einaudi.
00:41He said, voice of Parliament, voice of the people.
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