[2] He was the brother of Orso Mario Corbino, a politician served in the cabinets of Mussolini.

[2][4] Corbino was member of the National Council and then, of the Constituent Assembly until 1953 for the Liberal party.

[5] He collaborated with former Prime Minister Ferruccio Parri in the establishment of the party.

[2] As an economist Corbino belonged to the classical school of economics in addition to Marcello Soleri, Pietro Campilli, Luigi Einaudi and Gustavo Del Vecchio.

[4] During the Fascist period Corbino and other liberal economists, including Attilio Cabiati, Edoardo Giretti and Luigi Einaudi did not become closer to the regime.