It is the purpose of this note to appraise the relevance of the point made by Gérard Pelletier in his "L'Entrepreneur dans la pensée économique : l’originalité méconnue de Turgot" (L’Actualité économique, vol. 66, June 1990) that Turgot developed an original theory of the...

This paper discusses the concepts of "stock" and "capital", as envisaged in The Wealth of Nations, from the perspective of their translation into French. Clearly the translation of "stock" poses serious problems, to which one must add Smith's continual hesitations between a definition of...