Showing 1 - 10 of 318
Richard Cantillon and David Hume both propose the theory of monetary nonneutrality, whereby the money supply changes … economy step by step and changes relative prices. While a number of authors note that Hume and Cantillon both present the same … main constituent parts of the theory in the contributions of both Cantillon and Hume. …
Persistent link: https://www.econbiz.de/10011602964
extent to which it relates to the theoretical arguments within Cantillon's system. The main conclusions are: a) Cantillon … the Essay's advanced approach to the market and money circulation processes, Cantillon's locational analysis is in many …
Persistent link: https://www.econbiz.de/10005489986
This paper proposes a new reading of the sources to release a new dating for entering Lemercier de la Rivière in intellectual circles of Quesnay and Mirabeau. In doing so, this Physiocrat generally accepted by commentators as a secondary author of the school led by Quesnay, appears as one of...
Persistent link: https://www.econbiz.de/10010671688
The paper uses the data from Francois Quesnay's writings to derive a social table for pre-revolutionary France, estimate country's mean income and income distribution. These Quesnay-based estimates are compared with more recent estimates of 18th century French incomes and inequality.
Persistent link: https://www.econbiz.de/10008777378
This paper revisits the work of Richard Cantillon and Francois Quesnay in order to conceptualise the dynamics between … pointing out the significance of the works of Cantillon and Quesnay. …
Persistent link: https://www.econbiz.de/10008836739
Nicolas Dutot (1684-1741) is an important figure for the history of economic thought, as a pioneer in monetary theory and price statistics, and for economic history as a chronicler of John Law's System. Yet until recently very little about him was known, some of it incorrect. I present extensive...
Persistent link: https://www.econbiz.de/10010292120
Persistent link: https://www.econbiz.de/10010301396
China's rise drives a growing impact of China on economics. So far, this mainly works via the force of example, but there is also an emerging role of Chinese thinking in economics. This paper raises the question how far Chinese perspectives can affect certain foundational principles in...
Persistent link: https://www.econbiz.de/10010304499
Early in the 18th century, before the birth of political economy as a discipline, two of the earliest novels in the English language were published: Robinson Crusoe (1719) by writer and economic entrepreneur Daniel Defoe, and Gulliver’s Travels (1726) by the cleric and political adviser...
Persistent link: https://www.econbiz.de/10011592182
Richard Cantillon and David Hume both propose the theory of monetary non-neutrality, whereby the money supply changes … economy step by step and changes relative prices. While a number of authors note that Hume and Cantillon both present the same … main constituent parts of the theory in the contributions of both Cantillon and Hume. …
Persistent link: https://www.econbiz.de/10011592236