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The birth of Physiocracy was the birth of the science of economics in the broad general form in which it is known to us today. It is surprising therefore that the Physiocrats should have received so little attention from economists in the English-speaking world. This book fills that gap. The volume begins with a deliberately non-specialist introduction. Translations of Physiocratic writings then follow and the final section of the book consists of specialized essays, dealing with certain aspects of the Physiocratic doctrine, its history and its influence.
An Inquiry into Physiocracy (Routledge Revivals) by Max Beer Pdf
The common understanding of physiocracy – the school of eighteenth-century political economy associated with thinkers such as Boisguillebert and Quesnay – is often confined to the view that it considered agriculture the only source of wealth, and manufacture, trade and export as unproductive. The limitations of this view are particularly acute for those wishing to chart the ancien régime as it approached 1789. First published in 1939, this study attempts to answer such questions as: What is the meaning of physiocracy? What is the provenance of its various doctrines? What were its ultimate intentions? For many it is unclear how the physiocrats could expound such views against all the arguments employed by their opponents: particularly so given that, among them, were men revered by the likes of Adam Smith, either as profound thinkers, such as Quesnay, or as statesmen, such as Turgot.
The Economic Turn by Steven Kaplan,Sophus Reinert Pdf
The mid-eighteenth century witnessed what might be dubbed an economic turn that resolutely changed the trajectory of world history. The discipline of economics itself emerged amidst this turn, and it is frequently traced back to the work of François Quesnay and his school of Physiocracy. Though lionized by the subsequent historiography of economics, the theoretical postulates and policy consequences of Physiocracy were disastrous at the time, resulting in a veritable subsistence trauma in France. This galvanized relentless and diverse critiques of the doctrine not only in France but also throughout the European world that have, hitherto, been largely neglected by scholars. Though Physiocracy was an integral part of the economic turn, it was rapidly overcome, both theoretically and practically, with durable and important consequences for the history of political economy. The Economic Turn brings together some of the leading historians of that moment to fundamentally recast our understanding of the origins and diverse natures of political economy in the Enlightenment.
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Physiocracy, Antiphysiocracy and Pfeiffer by Jürgen Backhaus Pdf
Physiocracy, or the economic theory that a nation’s wealth comes from is agricultural and land development, was a popular school of thought in France in the 18th century. The contribution and significance of the Physiocrats and Antiphysiocrats are explored in detail through chapter contributions by economists, philosophers, and social historians. The book concludes that neither the Physiocrats, nor the Antiphysiocrats were pure profit maximizers and that they all had the well-being of the commonwealth in mind. It brings to light previous studies only conducted in German and is the first analysis of Pfeiffer in a century, making the book of interest to any student or scholar of political economy and the history of economic thought. The contribution and significance of the Physiocrats and Antiphysiocrats are explored in detail through chapter contributions by economists, philosophers, and social historians. It brings to light previous studies only conducted in German and is the first analysis of Pfeiffer in a century, making the book of interest to any student or scholar of political economy and the history of economic thought.
What is Physiocracy The term "physiocracy" refers to an economic theory that was created by a group of French economists during the Age of Enlightenment in the 18th century. These economists held the belief that the wealth of nations was primarily derived from the value of "land agriculture" or "land development" and that agricultural products should be valued at significant levels. It was during the latter half of the 18th century that their theories gained the most popularity. Their origins can be traced back to France. The concept of physiocracy emerged as one of the world's earliest and most sophisticated economic ideas. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Physiocracy Chapter 2: Agrarianism Chapter 3: François Quesnay Chapter 4: Anne Robert Jacques Turgot Chapter 5: Laissez-faire Chapter 6: Ferdinando Galiani Chapter 7: Geolibertarianism Chapter 8: Richard Cantillon Chapter 9: Single tax Chapter 10: Victor de Riqueti, marquis de Mirabeau Chapter 11: Circular flow of income Chapter 12: Jacques Claude Marie Vincent de Gournay Chapter 13: Surplus product Chapter 14: Ronald L. Meek Chapter 15: History of economic thought Chapter 16: Pacte de Famine Chapter 17: Economics Chapter 18: Tableau économique Chapter 19: Essay on the Nature of Trade in General Chapter 20: Achille-Nicolas Isnard Chapter 21: Guillaume-François Le Trosne (II) Answering the public top questions about physiocracy. (III) Real world examples for the usage of physiocracy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of physiocracy.
The English historian of economic thought Higgs discusses iin a series of lectures given at the London School of Economics in 1896 the 18th century free market Physiocratic school, its origins, ideas, political and intellectual influence. Henry Higgs was a British civil servant, economist, and historian of economic thought. Higgs joined the War Office as a Lower Division Clerk in 1882. From there he moved to the Postmaster General's Office in 1884 when he also began taking courses at University College London. He received an LLB degree at the latter in 1890. He went to Treasury in 1899 and was appointed Private Secretary of then-Prime Minister Henry Campbell Bannerman for three years before returning to Treasury in 1908. Among other subjects, Higgs wrote on the economist Richard Cantillon and edited what became the standard version of Cantillon's Essai sur la nature du commerce en general. He also wrote on the Physiocrats, the financial system of the United Kingdom, and financial reform.
Family, Class, and Ideology in Early Industrial France by Katherine A. Lynch Pdf
"Katherine Lynch's study of the French state's response to a crisis of working-class families illustrates a new sophistication in our understanding of the complex origins of social policy. She looks at middle-class reformers' formulation of social policy affecting illegitimacy, child abandonment, and child labor and examines the implementation of these policies in three major factory towns--Lille, Mulhouse, and Rouen--in the quarter century before the revolution of 1848. . . . This is a most valuable book that seeks to understand both the politics of reform and the ways in which reformist policies change in the process of implementation. It presents a sophisticated exploration of important issues."--Journal of Economic History
A History of Economic Theory and Method by Robert B. Ekelund, Jr.,Robert F. Hébert Pdf
Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.
The History of Economic Thought by Steven G Medema,Warren J. Samuels Pdf
From the ancients to the moderns, questions of economic theory and policy have been an important part of intellectual and public debate, engaging the attention of some of history’s greatest minds. This book brings together readings from more than two thousand years of writings on economic subjects. Through these selections, the reader can see first-hand how the great minds of past grappled with some of the central social and economic issues of their times and, in the process, enhanced our understanding of how economic systems function. This collection of readings covers the major themes that have preoccupied economic thinkers throughout the ages, including price determination and the underpinnings of the market system, monetary theory and policy, international trade and finance, income distribution, and the appropriate role for government within the economic system. These ideas unfold, develop, and change course over time at the hands of scholars such as Aristotle, St. Thomas Aquinas, John Locke, François Quesnay, David Hume, Adam Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, Karl Marx, William Stanley Jevons, Alfred Marshall, Irving Fisher, Thorstein Veblen, John Maynard Keynes, Milton Friedman, and Paul Samuelson. Each reading has been selected with a view to both enlightening the reader as to the major contributions of the author in question and to giving the reader a broad view of the development of economic thought and analysis over time. This book will be useful for students, scholars, and lay people with an interest in the history of economic thought and the history of ideas generally.
Natural Law and the Origin of Political Economy by Arild Saether Pdf
Samuel Pufendorf’s work on natural law and political economy was extensive and has been cited by several important figures in the history of economic thought. Yet his name is rarely mentioned in textbooks on the history of economic thought, the history of political science or the history of philosophy. In this unprecedented study, Arild Sæther sheds new light both on Pufendorf’s own life and work, as well as his influence on his contemporaries and on later scholars. This book explores Pufendorf ’s doctrines of political economy and his work on natural law, which was translated into several major European languages. Natural Law and the Origin of Political Economy considers the influence he had on the writings on political economy of John Locke, Charles Montesquieu, Jean-Jacques Rousseau, Francis Hutcheson and Adam Smith, amongst others. If Smith can be called the father of modern economics, this book claims that Pufendorf can be called the grandfather. This volume is of great importance to those who study Pufendorf ’s extensive works, as well as those interested in history of economic thought, political economy and political philosophy.
Development of Economic Analysis by Ingrid H. Rima Pdf
This is the sixth edition of a textbook that has been instrumental in introducing a generation of students to the history of economic thought. It charts the development of economics from its establishment as an analytical discipline in the eighteenth century through to the late twentieth century. The book discusses the work of, amongst others: Ricardo, Malthus, Marx, Walras, Marshall and Keynes as well as the institutionalists, the Chicago School and the emergence of econometrics. This edition has been fully revised and updated and includes: * chronologies of the key dates in the development of economics * extracts from original texts * an examination of how the study of the history of economic thought impinges upon modern thinking.
