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We emphasize the importance of competition and of the distribution of capital between sectors in the analysis of the transformation of values in production price. It is generally admitted that the fundamental Marxist equalities (the sum of prices is equal to the sum of values and the sum of the...
Persistent link: https://www.econbiz.de/10008501915
For the future to be built, current questions are: economic life, to be adapted or transformed? Which way: by legal prescription, or through real emergence? Empirically, or aiming a people gathering coherence? Facing market: by regulation or changing for equity, a necessary base of solidarities?...
Persistent link: https://www.econbiz.de/10008838779
The aim of this article is to demonstrate that the Classical economists? analysis can serve as a theoretical framework to explain the economic role of luxury. In the 18th century this school of thought was based on the political implications of trade and luxury, conceived as a kind of social...
Persistent link: https://www.econbiz.de/10011020703
Condemnation or glorification of luxury is a classic and recurrent question in the history of political ideas. Today, it continues to generate a set of conflicting emotions. In order to understand this debate, we chose to immerse ourselves in the history of economic thought, and, more...
Persistent link: https://www.econbiz.de/10011020705
In his writings devoted to monetary questions, Say studies in details monetary, financial and bank innovations which he designates by the expression ?representative signs of money?. Say?s analysis on money and its representation signs is very important since it takes place in a context of major...
Persistent link: https://www.econbiz.de/10011187266
Since Schumpeter, there has been a tradition in the history of the economic thought that has placed Say?s entrepreneur in a filiation Cantillon-Turgot. The aim of this article is to show that this filiation does not exist, even if certain themes such as risk, knowledge or organization of...
Persistent link: https://www.econbiz.de/10011187267
This article proposes a critical analysis of Jean-Baptiste Say?s thought on the economy in general and more specifically, on slavery. The first part deals with his general ideas on the economy, and studies how he defines value, capital and equilibrium of supply and demand on the markets (Say?s...
Persistent link: https://www.econbiz.de/10011187272
In the Traité d?Economie Politique and in the Cours Complet d?Economie Politique, Jean-Baptiste Say develops a criticism of corporations and other industrial regulations. According to him, these regulations are barriers to the entrepreneurial freedom and to the progress of arts. They are almost...
Persistent link: https://www.econbiz.de/10011187284
It should be remembered, first of all, that under his training as a young merchant, Jean-Baptiste Say spent two years with his younger brother Horace, near London in Croydon. In 1786, he moved to Britain to learn the practice of English commercial business. This happened in the midst of the...
Persistent link: https://www.econbiz.de/10011187289
In the history of economic thought, Jean-Baptiste Say distinguishes himself in being a theoretician and practitioner of the enterprise. Moreover, he also taught the entrepreneurial spirit in the last years of his life. We may therefore find in his writings a theory of production and exchanges...
Persistent link: https://www.econbiz.de/10011187317