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Cantillon and the Rise of Anti-Mercantilism
CANTILLON AND THE RISE OF ANTI-MERCANTILISM MARK THORNTON* Resumen: En este trabajo se pretende demostrar que Cantillon formó parte tanto del pensamiento como del movimiento antimercantilista de su época, influyendo en gran medida en el cambio de opinión en contra del mercantilismo que se fue fraguando de 1720 a 1734. Clasificación JEL: B110, B31, N010. Abstract: This article places Cantillon at the center of anti-mercantilist thought and the anti-mercantilist movements in London and Paris between the time of the Bubbles of 1720 and his murder in 1734 and it places his ideas at the turning point between the eras of mercantilism and antimercantilism. JEL classification: B110, B31, N010. «It seems to me that there is a connection between physiocracy and anti-mercantilism, or at any rate between Boisguilbert (1646-1714) and Quesnay (1694-1774), though it is not easy to say just what this connection was.» Martin Wolfe1 «In itself Cantillon’s (168?-1734?) was a contribution of real significance, and it would be difficult to find a more incisive prophet of nineteenth-century liberalism.» Robert B. Ekelund, Jr. and Robert F. Hébert2 * Dr. Mark Thorntorn, Senior Fellow, Ludwig von Mises Institute, [email protected] 1 Martin Wolfe, «French Views on Wealth and Taxes from the Middle Ages to the Old Regime,» Journal of Economic History 26 (1966): 466-483. 2 Robert B. Ekelund, Jr. and Robert F. Hébert. A History of Economic Theory and Method (New York: McGraw-Hill, 1975): 44. Procesos de Mercado: Revista Europea de Economía Política Vol. VI, n.º 1, Primavera 2009, pp. -
New Perspectives on Political Economy Monetary Reform – The
ISSN 1801-0938 New Perspectives on Political Economy Volume 5, Number 2, 2009, pp. 111 – 128 Monetary Reform – The Case for Button-Pushing Philipp Bagus JEL Classification: E50, P11, P21, P31 Abstract: In this paper I present a monetary reform plan that seeks to achieve a sound monetary system. I suggest the following three criteria of a good reform: it must be ethical, it must be based on sound economic theory and it must leave room for evolutionary processes. Based on these criteria and applying them to the monetary system, I argue for an immediate cancellation of all government intervention into the monetary realm. Assistant professor at Universidad Rey Juan Carlos, Madrid, [email protected]. I would like to thank William Barnett II, Walter Block, Barbara Hinze, Guido Hülsmann and Mark Thornton for helpful comments and the Ludwig von Mises Institute for financial help. 112 New Perspectives on Political Economy 1 Introduction In a previous paper (Bagus, 2008), I presented the proposals for monetary reform of- fered by the Austrian economists Ludwig Mises, Murray N. Rothbard, Jesús Huerta de Soto and Hans Sennholz. Their aim is a more stable monetary system that permits monetary freedom. Without questioning the aim, I set out to criticize the way that those outstanding economists proposed to get to their aim. In fact, Mises, Rothbard, Huerta de Soto and Sennholz offer plans of monetary reform that entail numerous state interventions into the economy, inconsistencies, arbitrariness, and tactical am- biguities. Their proposals contradict their own ethical and political principles, only partially resulting in monetary reform. -
Active Applicant Report Type Status Applicant Name
Active Applicant Report Type Status Applicant Name Gaming PENDING ABAH, TYRONE ABULENCIA, JOHN AGUDELO, ROBERT JR ALAMRI, HASSAN ALFONSO-ZEA, CRISTINA ALLEN, BRIAN ALTMAN, JONATHAN AMBROSE, DEZARAE AMOROSE, CHRISTINE ARROYO, BENJAMIN ASHLEY, BRANDY BAILEY, SHANAKAY BAINBRIDGE, TASHA BAKER, GAUDY BANH, JOHN BARBER, GAVIN BARRETO, JESSE BECKEY, TORI BEHANNA, AMANDA BELL, JILL 10/1/2021 7:00:09 AM Gaming PENDING BENEDICT, FREDRIC BERNSTEIN, KENNETH BIELAK, BETHANY BIRON, WILLIAM BOHANNON, JOSEPH BOLLEN, JUSTIN BORDEWICZ, TIMOTHY BRADDOCK, ALEX BRADLEY, BRANDON BRATETICH, JASON BRATTON, TERENCE BRAUNING, RICK BREEN, MICHELLE BRIGNONI, KARLI BROOKS, KRISTIAN BROWN, LANCE BROZEK, MICHAEL BRUNN, STEVEN BUCHANAN, DARRELL BUCKLEY, FRANCIS BUCKNER, DARLENE BURNHAM, CHAD BUTLER, MALKAI 10/1/2021 7:00:09 AM Gaming PENDING BYRD, AARON CABONILAS, ANGELINA CADE, ROBERT JR CAMPBELL, TAPAENGA CANO, LUIS CARABALLO, EMELISA CARDILLO, THOMAS CARLIN, LUKE CARRILLO OLIVA, GERBERTH CEDENO, ALBERTO CENTAURI, RANDALL CHAPMAN, ERIC CHARLES, PHILIP CHARLTON, MALIK CHOATE, JAMES CHURCH, CHRISTOPHER CLARKE, CLAUDIO CLOWNEY, RAMEAN COLLINS, ARMONI CONKLIN, BARRY CONKLIN, QIANG CONNELL, SHAUN COPELAND, DAVID 10/1/2021 7:00:09 AM Gaming PENDING COPSEY, RAYMOND CORREA, FAUSTINO JR COURSEY, MIAJA COX, ANTHONIE CROMWELL, GRETA CUAJUNO, GABRIEL CULLOM, JOANNA CUTHBERT, JENNIFER CYRIL, TWINKLE DALY, CADEJAH DASILVA, DENNIS DAUBERT, CANDACE DAVIES, JOEL JR DAVILA, KHADIJAH DAVIS, ROBERT DEES, I-QURAN DELPRETE, PAUL DENNIS, BRENDA DEPALMA, ANGELINA DERK, ERIC DEVER, BARBARA -
Economía Política
PROCESOS DE MERCADO REVISTA EUROPEA DE ECONOMÍA POLÍTICA Procesos de Mercado Yeso y pigmentos sobre tela y madera Julio Toquero, 2005 “Subyace en este cuadro una reflexión relativa al cambio, a la energía —acción vigorosa— y a la consciencia: realidades fundamentales en los procesos de mercado y en el arte”. PROCESOS DE MERCADO REVISTA EUROPEA DE ECONOMÍA POLÍTICA VOLUMEN X, NÚMERO 1, PRIMAVERA 2013 REVISTA SEMESTRAL PUBLICADA POR UNIÓN EDITORIAL, CON LA COLABORACIÓN DE LA FACULTAD DE CIENCIAS JURÍDICAS Y SOCIALES DE LA UNIVERSIDAD REY JUAN CARLOS HIMNO Dio, che nell’alma infondere Dios, que has querido poner amor volesti e speme, en nuestra alma el amor y la esperanza, desio nel core accendere debes alumbrar en nuestro corazón tu dei di libertà. el deseo de libertad. Giuramo insiem di vivere Juramos juntos vivir e di morire insieme. y morir juntos. In terra, in ciel En la tierra, en el cielo ... congiungere ci può, ... reunirnos podrá, ci può la tua bontà. podrá tu bondad. Ah! Dio, che nell’alma infondere ¡Ah!, Dios, que has querido poner amor volesti e speme, en nuestra alma el amor y la esperanza, desio nel core accendere debes alumbrar en nuestro corazón tu dei di libertà. el deseo de libertad. Don Carlo (1884), GIUSEPPE VERDI (Dúo de Don Carlo y Don Rodrigo, final de la Escena Primera, Acto Segundo) © 2004, Jesús Huerta de Soto Unión Editorial, S.A. © 2004, Unión Editorial, S.A. Martín Machío, 15 ISSN: 1697-6797 28002 Madrid Depósito legal: M-17.229-2004 Tel: 91 350 02 28 • Fax: 91 181 22 12 Correo: [email protected] Administración de Procesos de Mercado: www.unioneditorial.es c/o Jesús Huerta de Soto Universidad Rey Juan Carlos Diseño y Maquetación: JPM GRAPHIC, S.L. -
Tesis 2015 Version 97 Vale
UNIVERSIDAD COMPLUTENSE DE MADRID FACULTAD DE CIENCIAS ECONOMICAS Y EMPRESARIALES Departamento de Historia e Instituciones Económicas I TESIS DOCTORAL Fundamentos teóricos de la controversia entre Hayek y Keynes. Dos visiones acerca del orden económico y la historia MEMORIA PARA OPTAR AL GRADO DE DOCTOR PRESENTADA POR Pablo Losoviz Adaui Director Fernando Méndez Ibisate Madrid, 2017 © Pablo Losoviz Adaui, 2015 UNIVERSIDAD COMPLUTENSE DE MADRID FACULTAD DE CIENCIAS ECONÓMICAS Y EMPRESARIALES DEPARTAMENTO DE HISTORIA E INSTITUCIONES ECONÓMICAS I FUNDAMENTOS TEÓRICOS DE LA CONTROVERSIA ENTRE HAYEK Y KEYNES. DOS VISIONES ACERCA DEL ORDEN ECONÓMICO Y LA HISTORIA. TESIS DOCTORAL DE: PABLO LOSOVIZ ADAUI DIRIGIDA POR: FERNANDO MÉNDEZ IBISATE MADRID, 2015 © Pablo Losoviz Adaui, 2015. Agradecimientos y dedicatorias. En primer lugar deseo agradecer a mi tutor de Tesis, D. Fernando Méndez Ibisate, el cual al plantearle que deseaba realizar una investigación sobre el ciclo económico me sugirió que profundizara sobre el debate sostenido entre F. A. Hayek y J. M. Keynes. Sin duda que el provecho que he obtenido a lo largo de estos años de investigación abarca mucho más que simplemente el fenómeno del ciclo y solo espero que, aunque sea en cierta medida, en este trabajo de investigación haya quedado reflejado. En varios de los puntos de esta tesis sin mencionar explícitamente el problema de las crisis y fluctuaciones económicas el lector podrá observar sugerencias sobre el mismo de suma importancia. Realmente lo que se ha intentado es situar el debate entre Hayek y Keynes dentro de la órbita de la historia del pensamiento económico y en particular sobre la percepción filosófica y metodológica que juega la concepción de la Historia en ambos. -
ARCTIC CHANGE 2014 8-12 December - Shaw Centre - Ottawa, Canada
ARCTIC CHANGE 2014 8-12 December - Shaw Centre - Ottawa, Canada Oral Presentation Abstracts Arctic Change 2014 Oral Presentation Abstracts ORAL PRESENTATION ABSTRACTS TEMPORAL TREND ASSESSMENT OF CIRCULATING conducted when possible. Results: Maternal levels of Hg and MERCURY AND PCB 153 CONCENTRATIONS AMONG PCB 153 significantly decreased between 1992 and 2013. NUNAVIMMIUT PREGNANT WOMEN (1992-2013) Overall, concentrations of Hg and PCB 153 among pregnant women decreased respectively by 57% and 77% over the last Adamou, Therese Yero (12) ([email protected]), M. Riva (12), E. Dewailly (12), S. Dery (3), G. Muckle (12), R. two decades. In 2013, concentrations of Hg and PCB 153 were Dallaire (12), EA. Laouan Sidi (1) and P. Ayotte (1,2,4) respectively 5.2 µg/L and 40.36 µg/kg plasma lipids (geometric means). Discussion: Our results suggest a significant decrease (1) Axe santé des populations et pratiques optimales en santé, of Hg and PCB 153 maternal levels from 1992 to 2013. Centre de Recherche du Centre Hospitalier Universitaire de Geometric mean concentrations of Hg and PCB 153 measured Québec, Québec,Québec, G1V 2M2 in 2013 were below Health Canada guidelines. The decline (2) Université Laval, Québec, Québec, G1V 0A6 observed could be related to measures implemented at regional, (3) Nunavik Regional Board of Health and Social Services, Kuujjuaq, Québec national and international levels to reduce environmental (4) Institut National de Santé Publique du Québec (INSPQ), pollution by mercury and PCB and/or a significant decrease Québec, G1V 5B3 of seafood consumption by pregnant women. These results have to be interpreted with caution. -
Murray N. Rothbard: an Obituary
MurrayN. Rothbard , IN MEMORIAM PREFACE BY JoANN ROTHBARD EDITED BY LLEWELLYN H. ROCKWELL, JR. Ludwig von Mises Institute Auburn, Alabama 1995 Copyright © 1995 by the Ludwig von Mises Institute, Auburn, Alabama 36849-5301 All rights reserved. Written permission must be secured from the publisher to use or reproduce any part of this book, except for brief quotations in critical reviews or articles. ISBN: 0-945466-19-6 CONTENTS PREFACE, BY JOANN ROTHBARD ................................................................ vii HANS F. SENNHOLZ ...................................................................................... 1 RALPH RAIco ................................................................................................ 2 RON PAUL ..................................................................................................... 5 RICHARD VEDDER .................•.........•............................................................. 7 ROCER W. GARRISON .................................................................................. 13 WALTER BLOCK ........................................................................................... 19 MARTIN ANDERSON •.•.....................................•........................................... 26 MARK THORNTON ..................................................................•.................... 27 JAMES GRANT .............................................................................................. 29 PETER G. KLEIN ......................................................................................... -
Imre Szeman Entrepreneurship As the New Common Sense
Imre Szeman Entrepreneurship as the New Common Sense We have not emerged from the “iron cage” of the capitalist economy to which Weber referred. Rather, in some respects, it would have to be said that everyone is enjoined to construct their own. —Pierre Dardot and Christian Laval, “The New Way of the World, Part I: Manufacturing the Neoliberal Subject” In its May 2014 issue, Wired magazine featured an account of the trials and tribulations of Boom- train, a Silicon Valley start-up that was struggling to find the funds to get started up. The Netflix- style recommendation engine that Boomtrain was creating was of some interest to investors and bigger tech companies. However, these investors wanted to see the fruits of the firm’s high-end labor before passing along serious money. In the increas- ingly cart-before-horse world of investment fund- ing, Boomtrain was thus finding it difficult to keep afloat as it tried to cash in on the Internet boom. The plucky duo at the center of Boomtrain vowed to keep at the project nonetheless. After all, hard work, risk-taking, and the ferocious chal- lenge of a crowded, competitive marketplace were a necessary part of the high-tech entrepreneurial adventure—a series of trials that, rather than The South Atlantic Quarterly 114:3, July 2015 doi 10.1215/00382876-3130701 © 2015 Duke University Press Downloaded from http://read.dukeupress.edu/south-atlantic-quarterly/article-pdf/114/3/471/502984/ddsaq_114_3_01szeman_fpp.pdf by guest on 01 October 2021 472 The South Atlantic Quarterly • July 2015 constituting an impediment to their efforts, all but guaranteed success in the end. -
To Download Program Book for This Topic in Adobe Acrobat Format
Monday Morning, October 21, 2019 assessment of the uncertainty on the peak intensities will be treated in detail, as well as the total uncertainty on the composition. Applied Surface Science Division [1] A. Herrera-Gomez, A rigorous approach to the calculation of the Room A211 - Session AS+BI+RA-MoM uncertainties in XPS analysis (Internal Report), Internal Report, Internal Report. CINVESTAV-Unidad Queretaro, n.d. Quantitative Surface Analysis I/Reproducibility Issues in http://www.qro.cinvestav.mx/~aherrera/reportesInternos/uncertaintiesXP Quantitative XPS S.pdf. Moderators: Donald Baer, Pacific Northwest National Laboratory, Mark [2] A. Herrera-Gomez, M. Bravo-Sanchez, O. Ceballos-Sanchez, M.O.O. Engelhard, Pacific Northwest National Laboratory Vazquez-Lepe, Practical methods for background subtraction in 8:20am AS+BI+RA-MoM1 Improving Accuracy in Quantitation by XPS: photoemission spectra, Surf. Interface Anal. 46 (2014) 897–905. Standards, Cross-sections, Satellite Structure, C. Richard Brundle, doi:10.1002/sia.5453. C.R.Brundle & Associates; P.S. Bagus, University of North Texas; B.V. Crist, 9:20am AS+BI+RA-MoM4 Gross Errors in XPS Peak Fitting, Matthew XPS International LLC INVITED Linford, V. Jain, G.H. Major, Brigham Young University Determining elemental composition by XPS requires determining relative X-ray photoelectron spectroscopy (XPS) is the most important method for peak intensities from the elements concerned, and then normalizing using chemically analyzing surfaces. It is widely used in numerous areas of Relative Sensitivity Factors (RSF’s). Such RSF’s are usually generated from research and technology. Many research groups and individuals are skilled standard materials using the intensity from the “main” peak only and at analyzing XPS data. -
Cantillon the Anti-Mercantilist
Cantillon the Anti-Mercantilist Dr. Mark Thornton Senior Fellow Ludwig von Mises Institute 518 West Magnolia Avenue Auburn, AL 36832-4528 334-321-2100 Fax=321-2119 [email protected] Cantillon the Anti-Mercantilist “It seems to me that there is a connection between physiocracy and anti- mercantilism, or at any rate between Boisguilbert (1646-1714) and Quesnay (1694-1774), though it is not easy to say just what this connection was.” Martin Wolfe1 “In itself Cantillon’s (168?-1734?) was a contribution of real significance, and it would be difficult to find a more incisive prophet of nineteenth- century liberalism.” Robert B. Ekelund, Jr. and Robert F. Hébert2 1. Introduction Richard Cantillon (168?-1734?) the Irish banker who made his fortune in the Mississippi Bubble has often celebrated as the first theoretical economist. The list of his contributions stretches from economic methodology, price theory, human capital theory and wages to the circular flow mechanism, price-specie flow mechanism, and business cycle theory. He integrated population theory, location theory, capital asset pricing, and a sophisticated monetary theory throughout his Essai sur la Nature du Commerce en Général (circa 1730, hereafter Essai). Only recently has Cantillon been credited with the discovery of the concepts of opportunity cost and possibly the first construction of the invisible hand.3 Not surprisingly he has been claimed to be the forerunner of various schools of economic thought including Austrian, Classical, Neoclassical, and Physiocrat schools, and is even considered a forerunner of Walrasian economics. Based on his class analysis and surplus value analysis he might even be claimed by the Marxists. -
The Encyclopedia of Public Choice Volume I the Editors
The Encyclopedia of Public Choice Volume I The Editors CHARLES K. ROWLEY, Duncan Black Professor of Economics, George Mason University and General Director, The Locke Institute; and Dr. Dr. h.c.mult. FRIEDRICH SCHNEIDER, Department of Economics, The University of Linz Advisory Board JAMES M. BUCHANAN, Buchanan House, George Mason University BERNARD GROFMAN, Department of Political Science, University of California, Irvine ARYE L. HILLMAN, Department of Economics, Bar-Ilan University MARTIN PALDAM, Department of Economics, Aarhus University WILLIAM F. SHUGHART II, Department of Economics, University of Mississippi ROBERT D. TOLLISON, Department of Economics, Clemson University DENNIS C. MUELLER, Department of Economics, University of Vienna MICHAEL C. MUNGER, Department of Political Science, Duke University PETER C. ORDESHOOK, Humanities and Social Sciences, Cal Tech GORDON TULLOCK, School of Law, George Mason University HANNELORE WECK-HANNEMANN, Institut Fur Finanzwissenschaft, Universitat Innsbruck The Encyclopedia of Public Choice Editors CHARLES K. ROWLEY The Locke Institute, and George Mason University and FRIEDRICH SCHNEIDER Johannes Kepler University of Linz, Institute of Economic Policy KLUWER ACADEMIC PUBLISHERS NEW YORK, BOSTON, DORDRECHT, LONDON, MOSCOW eBook ISBN: 0-306-47828-5 Print ISBN: 0-7923-8607-8 ©2004 Kluwer Academic Publishers New York, Boston, Dordrecht, London, Moscow Print ©2004 Kluwer Academic Publishers Dordrecht All rights reserved No part of this eBook may be reproduced or transmitted in any form or by any means, electronic, mechanical, recording, or otherwise, without written consent from the Publisher Created in the United States of America Visit Kluwer Online at: http://kluweronline.com and Kluwer's eBookstore at: http://ebooks.kluweronline.com We dedicate ‘The Encyclopedia of Public Choice’ to the memory of Duncan Black 23 May 1908 to 14 January 1991 The Founding Father of Public Choice TABLE OF CONTENTS Preface . -
Features Named After 07/15/2015) and the 2018 IAU GA (Features Named Before 01/24/2018)
The following is a list of names of features that were approved between the 2015 Report to the IAU GA (features named after 07/15/2015) and the 2018 IAU GA (features named before 01/24/2018). Mercury (31) Craters (20) Akutagawa Ryunosuke; Japanese writer (1892-1927). Anguissola SofonisBa; Italian painter (1532-1625) Anyte Anyte of Tegea, Greek poet (early 3rd centrury BC). Bagryana Elisaveta; Bulgarian poet (1893-1991). Baranauskas Antanas; Lithuanian poet (1835-1902). Boznańska Olga; Polish painter (1865-1940). Brooks Gwendolyn; American poet and novelist (1917-2000). Burke Mary William EthelBert Appleton “Billieâ€; American performing artist (1884- 1970). Castiglione Giuseppe; Italian painter in the court of the Emperor of China (1688-1766). Driscoll Clara; American stained glass artist (1861-1944). Du Fu Tu Fu; Chinese poet (712-770). Heaney Seamus Justin; Irish poet and playwright (1939 - 2013). JoBim Antonio Carlos; Brazilian composer and musician (1927-1994). Kerouac Jack, American poet and author (1922-1969). Namatjira Albert; Australian Aboriginal artist, pioneer of contemporary Indigenous Australian art (1902-1959). Plath Sylvia; American poet (1932-1963). Sapkota Mahananda; Nepalese poet (1896-1977). Villa-LoBos Heitor; Brazilian composer (1887-1959). Vonnegut Kurt; American writer (1922-2007). Yamada Kosaku; Japanese composer and conductor (1886-1965). Planitiae (9) Apārangi Planitia Māori word for the planet Mercury. Lugus Planitia Gaulish equivalent of the Roman god Mercury. Mearcair Planitia Irish word for the planet Mercury. Otaared Planitia Arabic word for the planet Mercury. Papsukkal Planitia Akkadian messenger god. Sihtu Planitia Babylonian word for the planet Mercury. StilBon Planitia Ancient Greek word for the planet Mercury.