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The Physiocrats Six Lectures on the French Économistes of the 18Th Century
The Physiocrats Six Lectures on the French Économistes of the 18th Century Henry Higgs Batoche Books Kitchener 2001 First Edition: The Macmillan Company, 1897 This Edition: Batoche Books Limited 52 Eby Street South Kitchener, Ontario N2G 3L1 Canada email: [email protected] ISBN: 1-55273-064-6 Contents Preface ............................................................................................... 5 I: Rise of the School. .......................................................................... 6 II: The School and Its Doctrines. ..................................................... 17 III: The School and Its Doctrines (contd.) ....................................... 29 IV: Activities of the School. ............................................................. 43 V: Opponents of the School. ............................................................ 55 VI: Influence of the School. ............................................................. 66 Appendix .......................................................................................... 77 Authorities ....................................................................................... 80 Notes ................................................................................................ 82 Preface This little volume consists of lectures delivered before the London School of Economics in May and June of the present year. Impossible though it was found to give a truly adequate account of the Physiocrats in these six lectures, it has been thought that they may perhaps furnish -
Schools of Economic Thought (Pdf)
SCHOOLS OF ECONOMIC THOUGHT A BRIEF HISTORY OF ECONOMICS This isn't really essential to know, but may satisfy the curiosity of many. Mercantilism Economics is said to begin with Adam Smith in 1776. Prior to that, nobody thought of economics, or markets, as an object of study. It is not that they didn't pay attention to economic matters, it is simply that they didn't think of it in any systematic or coherent manner. It was all just off-the-cuff intuition and policy proposals by a myriad of merchants, government officials & journalists, principally in Britain. It is common to denote the period before 1776 as "Mercantilism". It wasn't a coherent school of thought, but a hodge-podge of varying ideas about improving tax revenues, the value & movements of gold and how nations competed for international commerce & colonies. Mostly protectionist, 'war-minded', and all haphazardly argued. (the principal features of the Mercantilist school are discussed in our "Gains from Trade" handout). There was some opposition to Mercantilist doctrines, notably among French and Scottish thinkers (e.g. Pierre de Boisguilbert, Francois Quesnay, Jacques Turgot and David Hume) Classical School The Enlightenment era (mid-1700s) in Europe brought a new spirit of scientific inquiry. Thinkers began looking to apply scientific principles not only to the physical world, but also to human society. In the same spirit that Sir Isaac Newton 'discovered' the "law of gravity" to explain the interaction of natural forces and decipher how the physical world operates, Enlightenment thinkers began trying to discover the "laws" of human interaction, to explain how human society operates. -
Uadphilecon National & Kapodistrian University of Athens Department of Economics Nicholas J
UADPhilEcon National & Kapodistrian University of Athens Department of Economics Nicholas J. Theocarakis 2014 History of Economic Thought Web Links on Mercantilism1 Bullionists “W.S.” (John Hales d.1571, Sir Thomas Smith ) A Discourse of the Common Weal of this Realm of England, 1581 or A Compendious; Or Briefe Examination of Certayne Ordinary Complaints of Diuers of Our Countrymen in These Our Dayes (Written 1541, not by William Shakespeare despite the 1751 edition) Thomas Milles, c.1550-1627. The Customers Replie, or Second Apologie :…, An Aunswer to a confused Treatise of Publicke Commerce . in favour of the . Merchants Adventurers,' &c., 1604 Gerard de Malynes, c.1586-1641 Saint George for England Allegorically Described, 1601. A Treatise on the Canker of England's Commonwealth, 1601. Consuetudo vel Lex Mercatoria or the Ancient Law- Merchant, 1622. The Maintenance of Free Trade, 1622. The Centre of the Circle of Commerce, 1623. 1 Based on the History of Economic Thought Website [now a dead link] UADPhilEcon, HET, Mercantilists 1/7 Traditional Mercantilists John Wheeler, c.1553-1611. Treatise on Commerce, 1601 Edward Misselden, 1608-1654. Free Trade and the Means to Make Trade Flourish, 1622 Circle of Commerce 1623. Thomas Mun, 1571-1641. A Discourse of Trade from England unto the East- Indies, 1621. in England's Treasure by Forraign Trade, 1664. (Written 1628) facsimile Lewis Roberts, 1596 – 1640 The Merchantes Mappe of Commerce , 1638 The Treasure of Traffike, 1640 John Locke, 1632-1704. A Letter Concerning Toleration, 1689. Two Treatises on Government, 1690. An Essay Concerning Human Understanding, 1690. pt 2 Some Considerations of the Consequences of the Lowering of Interest and Raising the Value of Money, 1692 Further Considerations Concerning Raising the Value of Money, 1695. -
Hereditary Genius Francis Galton
Hereditary Genius Francis Galton Sir William Sydney, John Dudley, Earl of Warwick Soldier and knight and Duke of Northumberland; Earl of renown Marshal. “The minion of his time.” _________|_________ ___________|___ | | | | Lucy, marr. Sir Henry Sydney = Mary Sir Robt. Dudley, William Herbert Sir James three times Lord | the great Earl of 1st E. Pembroke Harrington Deputy of Ireland.| Leicester. Statesman and __________________________|____________ soldier. | | | | Sir Philip Sydney, Sir Robert, Mary = 2d Earl of Pembroke. Scholar, soldier, 1st Earl Leicester, Epitaph | courtier. Soldier & courtier. by Ben | | Johnson | | | Sir Robert, 2d Earl. 3d Earl Pembroke, “Learning, observation, Patron of letters. and veracity.” ____________|_____________________ | | | Philip Sydney, Algernon Sydney, Dorothy, 3d Earl, Patriot. Waller's one of Cromwell's Beheaded, 1683. “Saccharissa.” Council. First published in 1869. Second Edition, with an additional preface, 1892. Fifith corrected proof of the first electronic edition, 2019. Based on the text of the second edition. The page numbering and layout of the second edition have been preserved, as far as possible, to simplify cross-referencing. This is a corrected proof. This document forms part of the archive of Galton material available at http://galton.org. Original electronic conversion by Michal Kulczycki, based on a facsimile prepared by Gavan Tredoux. Many errata were detected by Diane L. Ritter. This edition was edited, cross-checked and reformatted by Gavan Tredoux. HEREDITARY GENIUS AN INQUIRY INTO ITS LAWS AND CONSEQUENCES BY FRANCIS GALTON, F.R.S., ETC. London MACMILLAN AND CO. AND NEW YORK 1892 The Right of Translation and Reproduction is Reserved CONTENTS PREFATORY CHAPTER TO THE EDITION OF 1892.__________ VII PREFACE ______________________________________________ V CONTENTS __________________________________________ VII ERRATA _____________________________________________ VIII INTRODUCTORY CHAPTER. -
Online Library of Liberty: Discourses Upon Trade
The Online Library of Liberty A Project Of Liberty Fund, Inc. Sir Dudley North, Discourses Upon Trade [1691] The Online Library Of Liberty This E-Book (PDF format) is published by Liberty Fund, Inc., a private, non-profit, educational foundation established in 1960 to encourage study of the ideal of a society of free and responsible individuals. 2010 was the 50th anniversary year of the founding of Liberty Fund. It is part of the Online Library of Liberty web site http://oll.libertyfund.org, which was established in 2004 in order to further the educational goals of Liberty Fund, Inc. To find out more about the author or title, to use the site's powerful search engine, to see other titles in other formats (HTML, facsimile PDF), or to make use of the hundreds of essays, educational aids, and study guides, please visit the OLL web site. This title is also part of the Portable Library of Liberty DVD which contains over 1,000 books and quotes about liberty and power, and is available free of charge upon request. The cuneiform inscription that appears in the logo and serves as a design element in all Liberty Fund books and web sites is the earliest-known written appearance of the word “freedom” (amagi), or “liberty.” It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash, in present day Iraq. To find out more about Liberty Fund, Inc., or the Online Library of Liberty Project, please contact the Director at [email protected]. -
Candidates West Midlands
Page | 1 LIBERAL/LIBERAL DEMOCRAT CANDIDATES in PARLIAMENTARY ELECTIONS in the WEST MIDLAND REGION 1945-2015 ALL CONSTITUENCIES WITHIN THE COUNTIES OF HEREFORDSHIRE SHROPSHIRE STAFFORDSHIRE WARWICKSHIRE WORCESTERSHIRE INCLUDING SDP CANDIDATES in the GENERAL ELECTIONS of 1983 and 1987 COMPILED BY LIONEL KING 1 Page | 2 PREFACE As a party member since 1959, based in the West Midlands and a parliamentary candidate and member of the WMLF/WMRP Executive for much of that time, I have been in the privileged position of having met on several occasions, known well and/or worked closely with a significant number of the individuals whose names appear in the Index which follows. Whenever my memory has failed me I have drawn on the recollections of others or sought information from extant records. Seven decades have passed since the General Election of 1945 and there are few people now living with personal recollections of candidates who fought so long ago. I have drawn heavily upon recollections of conversations with older Liberal personalities in the West Midland Region who I knew in my early days with the party. I was conscious when I began work, twenty years ago, that much of this information would be lost forever were it not committed promptly to print. The Liberal challenge was weak in the West Midland Region over the period 1945 to 1959 in common with most regions of Britain. The number of constituencies fought fluctuated wildly; 1945, 21; 1950, 31; 1951, 3; 1955 4. The number of parliamentary constituencies in the region averaged just short of 60, a very large proportion urban in character. -
An Epistemological Analysis of the Economic Writings of Sir Dudley North
University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Doctoral Dissertations Graduate School 6-1986 An Epistemological Analysis of the Economic Writings of Sir Dudley North George Dorian Choksy University of Tennessee - Knoxville Follow this and additional works at: https://trace.tennessee.edu/utk_graddiss Part of the Economics Commons Recommended Citation Choksy, George Dorian, "An Epistemological Analysis of the Economic Writings of Sir Dudley North. " PhD diss., University of Tennessee, 1986. https://trace.tennessee.edu/utk_graddiss/2987 This Dissertation is brought to you for free and open access by the Graduate School at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Doctoral Dissertations by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. To the Graduate Council: I am submitting herewith a dissertation written by George Dorian Choksy entitled "An Epistemological Analysis of the Economic Writings of Sir Dudley North." I have examined the final electronic copy of this dissertation for form and content and recommend that it be accepted in partial fulfillment of the equirr ements for the degree of Doctor of Philosophy, with a major in Economics. Hans E. Jensen, Major Professor We have read this dissertation and recommend its acceptance: W. E. Cole, David A. Etnier Accepted for the Council: Carolyn R. Hodges Vice Provost and Dean of the Graduate School (Original signatures are on file with official studentecor r ds.) To the Graduate Council: I am submitting herewith a dissertation written by George Dorian Choksy entitled "An Epistemological Analysis of the Economic Writings of Sir Dudley North." I have examined the final copy of this dissertation for form and content and recommend that it be accepted in partial fulfillment of the requirements for the degree of Doctor of Philosophy, with a major in Economics. -
Arguments on Non-Metallic Money (1650 – 1750)*
Arguments on non-metallic money (1650 – 1750)* Mauricio C. Coutinho UNICAMP. Email: [email protected] Financial support by FAPESP is acknowledged Resumo O trabalho trata dos temas centrais da economia monetária no periodo 1650-1750: valor da moeda, debasement, cunhagem, escassez de meio circulante, definições e funções do dinheiro. Os autores considerados são Davanzati, Potter, Montanari, Rice Vaughan, Davenant, Locke, Dudley North, Barbon, Law, Galiani e Harris. O ponto de convergência de tão variados temas monetários são os argumentos em objeção ou aceitação ao dinheiro não-metálico. Procura-se argumentar que a função de medida de valor da moeda é uma questão ineludível na época, seja devido aos frequentes debasements, seja porque os sistemas monetários metálicos repousavam na contraposição entre unidade de conta nacional e peças monetárias propriamente ditas. Summary The paper discusses the central issues in debate in 1650-1750 monetary economics: value of money, debasement, coinage, scarcity of money, definitions and functions of money. Authors considered: Davanzati, Potter, Montanari, Rice Vaughan, Davenant, Locke, Dudley North, Barbon, Law, Galiani and Harris. Arguments on non-metallic money, either accepting or rejecting it as money proper, are the focus of the paper. It is argued that the role of ‘standard of measure’ of money is decisive and even indelible, be it in view of the frequent debasements, be it because metallic monetary systems were characterized by the duality coin (currency) / monetary standard (unit of account). Palavras-chave Debasement, valor da moeda, escassez de dinheiro, economia monetária do periodo 1650-1750, dinheiro não-metálico Keywords Debasement, value of money, money scarcity, 1650-1750 monetary economics, non- metallic money Trabalho submetido à area de História do Pensamento Econômico e Metodologia Econômica JEL: B11 * This is a second draft. -
Lars Magnusson, the Political Economy of Mercantilism
【書 評】 Lars Magnusson, The Political Economy of Mercantilism London: Routledge, 2015, 230 pp. The motivation behind this book is to con- wealth with money, nor even trust in a test the enduring influence of the old inter- doctrine of the favorable balance of trade pretation of mercantilism derived from (58-59 and 93-94). Therefore, Adam Adam Smith’s classic definition. Many Smith’s position that the “favourable bal- historians still continue to use the term ance of trade” served as the theoretical “mercantilism” to refer to a doctrine and core of mercantilism is untenable: neither an over-simplistic theory based on the no- the idea of a surplus of money or bullion tion that wealth is equivalent to money as the key to wealth and power, nor the er- and, therefore, the main policy goal of an ror of confusing money with wealth ap- economy is to achieve a favorable balance pear in the main body of mercantilist liter- of trade( x, 3-7 and 46-47). ature( 100 and 103). With insights from nineteenth-centu- Early seventeenth-century mercantil- ry German and English historical schools ist writers supported a favorable balance (19-23), this book challenges this popular of trade because an increase in the amount view on mercantilism and defines it as an of money circulating in an economy early modern discourse that deals with the served as a stimulus to trade and industry: attainment of national power through eco- trade could prosper only when there was nomic plenty and vice versa. The author an abundance of money in the country opposes Karl Marx’s still-influential treat- (112). -
The Origin of Economic Ideas Also by Guy Routh
The Origin of Economic Ideas Also by Guy Routh *ECONOMICS: AN ALTERNATIVE TEXT *OCCUPATION AND PAY IN GREAT BRITAIN, 1906-79 *UNEMPLOYMENT: ECONOMIC PERSPECTIVES *OCCUPATIONS OF THE PEOPLE OF GREAT BRITAIN, 1801-1981 THE TEACHING OF ECONOMICS IN AFRICA (co-editor) *DEVELOPMENT PATHS IN AFRICA AND CHINA (co-editor) ECONOMICS IN DISARRAY (co-editor) *Also published by Macmillan The Origin of Economic Ideas Guy Routh Second Edition M MACMILLAN © Guy Routh 1975, 1989 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright Act 1956 (as amended), or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 33-4 Alfred Place, London WC1E 7DP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. First edition 1975 Second edition 1989 Published by THE MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 2XS and London Companies and representatives throughout the world British Library Cataloguing in Publication Data Routh, Guy, 1916- The origin of economic ideas.-2nd ed. 1. Economics. Theories - to 1984 I. Title 330.1 ISBN 978-0-333-44325-5 ISBN 978-1-349-20169-3 (eBook) DOI 10.1007/978-1-349-20169-3 For Stephen Contents Preface to the Second Edition lX Acknowledgements X Chapter 1: Diagnosis 1 1. Simonde de Sismondi 2 2. William Thompson 4 3. -
Mercantilism
ΕΘΝΙΚΟ & ΚΑΠΟΔΙΣΤΡΙΑΚΟ ΠΑΝΕΠΙΣΤΗΜΙΟ ΑΘΗΝΩΝ ΤΜΗΜΑ ΟΙΚΟΝΟΜΙΚΩΝ ΕΠΙΣΤΗΜΩΝ ΤΟΜΕΑΣ ΠΟΛΙΤΙΚΗΣ ΟΙΚΟΝΟΜΙΑΣ Ιστορία Οικονομικών Θεωριών Νίκος Θεοχαράκης Απρίλιος 2010 Ιστοσελίδες για τον Μερκαντιλισμό Bullionists “W.S.” (John Hales d.1571, Sir Thomas Smith ) A Discourse of the Common Weal of this Realm of England, 1581 or A Compendious; Or Briefe Examination of Certayne Ordinary Complaints of Diuers of Our Countrymen in These Our Dayes (Written 1541, not by William Shakespeare despite the 1751 edition) Thomas Milles, c.1550-1627. The Customers Replie, or Second Apologie :…, An Aunswer to a confused Treatise of Publicke Commerce . in favour of the . Merchants Adventurers,' &c., 1604 Gerard de Malynes, c.1586-1641 Saint George for England Allegorically Described, 1601. A Treatise on the Canker of England's Commonwealth, 1601. Consuetudo vel Lex Mercatoria or the Ancient Law- Merchant, 1622. The Maintenance of Free Trade, 1622. The Centre of the Circle of Commerce, 1623. Ν. Θεοχαράκης, ΕΚΠΑ, ΤΟΕ, Μερκαντιλιστές 1/5 Παραδοσιακοί Μερκαντιλιστές John Wheeler, c.1553-1611. Treatise on Commerce, 1601 Edward Misselden, 1608-1654. Free Trade and the Means to Make Trade Flourish, 1622 Circle of Commerce 1623. Thomas Mun, 1571-1641. A Discourse of Trade from England unto the East- Indies, 1621. in England's Treasure by Forraign Trade, 1664. (Written 1628) facsimile Lewis Roberts, 1596 – 1640 The Merchantes Mappe of Commerce , 1638 The Treasure of Traffike, 1640 John Locke, 1632-1704. A Letter Concerning Toleration, 1689. Two Treatises on Government, 1690. An Essay Concerning Human Understanding, 1690. pt 2 Some Considerations of the Consequences of the Lowering of Interest and Raising the Value of Money, 1692 Further Considerations Concerning Raising the Value of Money, 1695. -
An Epistemological Analysis of the Economic Writings of Sir Dudley North George Dorian Choksy University of Tennessee - Knoxville
University of Tennessee, Knoxville Trace: Tennessee Research and Creative Exchange Doctoral Dissertations Graduate School 6-1986 An Epistemological Analysis of the Economic Writings of Sir Dudley North George Dorian Choksy University of Tennessee - Knoxville Recommended Citation Choksy, George Dorian, "An Epistemological Analysis of the Economic Writings of Sir Dudley North. " PhD diss., University of Tennessee, 1986. https://trace.tennessee.edu/utk_graddiss/2987 This Dissertation is brought to you for free and open access by the Graduate School at Trace: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Doctoral Dissertations by an authorized administrator of Trace: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. To the Graduate Council: I am submitting herewith a dissertation written by George Dorian Choksy entitled "An Epistemological Analysis of the Economic Writings of Sir Dudley North." I have examined the final electronic copy of this dissertation for form and content and recommend that it be accepted in partial fulfillment of the requirements for the degree of Doctor of Philosophy, with a major in Economics. Hans E. Jensen, Major Professor We have read this dissertation and recommend its acceptance: W. E. Cole, David A. Etnier Accepted for the Council: Dixie L. Thompson Vice Provost and Dean of the Graduate School (Original signatures are on file with official student records.) To the Graduate Council: I am submitting herewith a dissertation written by George Dorian Choksy entitled "An Epistemological Analysis of the Economic Writings of Sir Dudley North." I have examined the final copy of this dissertation for form and content and recommend that it be accepted in partial fulfillment of the requirements for the degree of Doctor of Philosophy, with a major in Economics.