Richard Cantillon and David Hume both propose the theory of monetary non-neutrality, whereby the money supply changes through the money balances of specific individuals. Such an uneven distribution of monetary change then spreads throughout the economy step by step and changes relative prices....

Die Begriffe Wohlfahrt und Wohlstand werden in ihrem dogmenhistorischen Entstehungskontext untersucht. Dabei wird zum einen der Schwerpunkt auf die von den Physiokraten, aber auch von John Stuart Mill, W. Stanley Jevons und sogar von deutschen Ordoliberalen thematisierten Wachstumsgrenzen gelegt...

This paper analyzes the debate between Ohlin and Keynes on the question as to whether Germany was able to make the payments specified in the Dawes Plan. Keynes argued that Germany was able to collect the money but unable to transfer it to the victors because there existed an insurmountable...

The paper outlines the economic geography underlying the Essay on the nature of commerce in general, and discusses the extent to which it relates to the theoretical arguments within Cantillon's system. The main conclusions are: a) Cantillon's social structure scheme presents a first draft of...

Evidence is adduced that the sages of the ancient Babylonian Talmud, as well as some of the medieval commentators thereon, were well aware of sophisticated concepts of modern theories of risk-bearing. Copyright Springer-Verlag Berlin Heidelberg 2003

The purpose of this paper is to reappraise Montesquieu’s thinkings in economy. To Joseph Schumpeter his economic is insignificant - without originality force, or scholarship. According to John-Maynard Keynes, Montesquieu was the real French equivalent of Adam Smith, the greatest of French...

This article explores the connection between Bernard Mandeville and Jeremy Bentham. Their analyses are complementary on two points: first, the descriptive sense of the utility principle, main axiom of Bentham's utilitarianism, relies on an implicit anthropological conception which Mandeville...

The paper sketches the economic geography underneath the Essay on theNature of Commerce in General, and attempts to connect the geographical and thetheoretical arguments within Cantillon's system. The main conclusions are: a) Cantillon's social structure scheme presents a first draft of the...

La obra de Baltasar Gracián, uno de grandes autores del siglo de oro español, ha interesado a filólogos, a filósofos morales y a teóricos políticos pero ha suscitado escasa atención a los economistas. Este papel indaga en la obra de este gran autor de barroco para resaltar el análisis de...