Essai Sur La Nature Du Commerce En Général
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Essai Sur La Nature Du Commerce En Général
''Essay on the Nature of Trade in General'' () is a book about economics by Richard Cantillon written around 1730, and published in French in 1755. This book was considered by William Stanley Jevons to be the "cradle of political economy".Jevons 1881, p. 342; writes Jevons, "Cantillon's essay is, more emphatically than any other single work, 'the cradle of political economy.'" Cantillon 2010, p. 15; Editors Mark Thornton and Chantal Saucier write, "The influence of Cantillon's manuscript was largely unknown and the book had fallen so far into neglect that William Stanley Jevons was said to have "rediscovered" it in the late 19th century." Composition and circulation This work remains Cantillon's only surviving contribution to economics. It was written around 1730 and circulated widely in manuscript form, but was not published until 1755. His work was translated into Spanish by Gaspar Melchor de Jovellanos, probably in the late 1770s, and considered essential reading for political ...
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Richard Cantillon
Richard Cantillon (; 1680s – ) was an Irish-French economist and author of '' Essai Sur La Nature Du Commerce En Général'' (''Essay on the Nature of Trade in General''), a book considered by William Stanley Jevons to be the "cradle of political economy". Although little information exists on Cantillon's life, it is known that he became a successful banker and merchant at an early age. His success was largely derived from the political and business connections he made through his family and through an early employer, James Brydges. During the late 1710s and early 1720s, Cantillon speculated in, and later helped fund, John Law's Mississippi Company, from which he acquired great wealth. However, his success came at a cost to his debtors, who pursued him with lawsuits, criminal charges, and even murder plots until his death in 1734. ''Essai'' remains Cantillon's only surviving contribution to economics. It was written around 1730 and circulated widely in manuscript form, ...
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Methodology
In its most common sense, methodology is the study of research methods. However, the term can also refer to the methods themselves or to the philosophical discussion of associated background assumptions. A method is a structured procedure for bringing about a certain goal, like acquiring knowledge or verifying knowledge claims. This normally involves various steps, like choosing a Sample (statistics), sample, Data collection, collecting data from this sample, and interpreting the data. The study of methods concerns a detailed description and analysis of these processes. It includes evaluative aspects by comparing different methods. This way, it is assessed what advantages and disadvantages they have and for what research goals they may be used. These descriptions and evaluations depend on philosophical background assumptions. Examples are how to conceptualize the studied phenomena and what constitutes evidence for or against them. When understood in the widest sense, methodology al ...
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18th-century Manuscripts
The 18th century lasted from 1 January 1701 (represented by the Roman numerals MDCCI) to 31 December 1800 (MDCCC). During the 18th century, elements of Enlightenment thinking culminated in the Atlantic Revolutions. Revolutions began to challenge the legitimacy of monarchical and aristocratic power structures. The Industrial Revolution began mid-century, leading to radical changes in human society and the environment. The European colonization of the Americas and other parts of the world intensified and associated mass migrations of people grew in size as part of the Age of Sail. During the century, slave trading expanded across the shores of the Atlantic Ocean, while declining in Russia and China. Western historians have occasionally defined the 18th century otherwise for the purposes of their work. For example, the "short" 18th century may be defined as 1715–1789, denoting the period of time between the death of Louis XIV of France and the start of the French Revolution ...
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1755 Non-fiction Books
Events January–March * January 23 (O. S. January 12, Tatiana Day, nowadays celebrated on January 25) – Moscow University is established. * February 13 – Treaty of Giyanti: The kingdom of Mataram on Java is divided in two, creating the sultanate of Yogyakarta and the sunanate of Surakarta. * March 12 – A steam engine is used in the American colonies for the first time as New Jersey copper mine owner Arent Schuyler installs a Newcomen atmospheric engine to pump water out of a mineshaft. * March 22 – Britain's House of Commons votes in favor of £1,000,000 of appropriations to expand the British Army and Royal Navy operations in North America. * March 26 – General Edward Braddock and 1,600 British sailors and soldiers arrive at Alexandria, Virginia on transport ships that have sailed up the Potomac River. Braddock, sent to take command of the British forces against the French in North America, commandeers taverns and private homes to f ...
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1730 Non-fiction Books
Year 173 ( CLXXIII) was a common year starting on Thursday of the Julian calendar. At the time, it was known as the Year of the Consulship of Severus and Pompeianus (or, less frequently, year 926 ''Ab urbe condita''). The denomination 173 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Gnaeus Claudius Severus and Tiberius Claudius Pompeianus become Roman Consuls. * Given control of the Eastern Empire, Avidius Cassius, the governor of Syria, crushes an insurrection of shepherds known as the Boukoloi. Births * Maximinus Thrax ("the Thracian"), Roman emperor (d. 238) * Mi Heng, Chinese writer and musician (d. 198) Deaths * Donatus of Muenstereifel, Roman soldier and martyr (b. AD 140 Year 140 ( CXL) was a leap year starting on Thursday of the Julian calendar. At the time, it was known as the Year of the Consulship of Hadrianus an ...
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François Quesnay
François Quesnay (; ; 4 June 1694 – 16 December 1774) was a French economist and physician of the Physiocratic school. He is known for publishing the " Tableau économique" (Economic Table) in 1758, which provided the foundations of the ideas of the Physiocrats. This was perhaps the first work attempting to describe the workings of the economy in an analytical way, and as such can be viewed as one of the first important contributions to economic thought. His ''Le Despotisme de la Chine'', written in 1767, describes Chinese politics and society, and his own political support for enlightened despotism. Life Quesnay was born at Méré near Versailles, the son of an advocate and small landed proprietor. Apprenticed at the age of sixteen to a surgeon, he soon went to Paris, studied medicine and surgery there, and, having qualified as a master-surgeon, settled down to practice at Mantes. In 1737 he was appointed perpetual secretary of the academy of surgery founded by François ...
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Frédéric Bastiat
Claude-Frédéric Bastiat (; ; 30 June 1801 – 24 December 1850) was a French economist, writer and a prominent member of the French liberal school. A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window. He was described as "the most brilliant economic journalist who ever lived" by economic theorist Joseph Schumpeter. As an advocate of classical economics and the economics of Adam Smith, his views favored a free market and influenced the Austrian School. Thornton, Mark (11 April 2011"Why Bastiat Is Still Great" Mises Institute. Retrieved 1 August 2019. He is best known for his book '' The Law'', where he argued that law must protect rights such as private property, not "plunder" others' property. Biography Bastiat was born on 29 June 1801 in Bayonne, Aquitaine, a port town in the south of France on the Bay of Biscay. His father, Pierre Bastiat, was a prominent businessman in th ...
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Jean-Baptiste Say
Jean-Baptiste () is a male French name, originating with Saint John the Baptist, and sometimes shortened to Baptiste. The name may refer to any of the following: Persons * Charles XIV John of Sweden, born Jean-Baptiste Jules Bernadotte, was King of Sweden and King of Norway * Charles-Jean-Baptiste Bouc, businessman and political figure in Lower Canada * Felix-Jean-Baptiste-Joseph Nève, orientalist and philologist * Gui-Jean-Baptiste Target, French lawyer and politician * Hippolyte Jean-Baptiste Garneray, French painter * Jean-Baptiste (songwriter), American music record producer, singer-songwriter * Jean Baptiste (grave robber) – A 19th-century gravedigger in Utah, United States, notorious for robbing hundreds of graves, leading to his exile and mysterious disappearance. * Jean-Baptiste Alphonse Karr, French critic, journalist, and novelist * Jean-Baptiste Bagaza, chairman of Supreme Revolutionary Council in Burundi until 1976 and president of Burundi (1976-1987) * Je ...
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Anne Robert Jacques Turgot, Baron De Laune
Anne Robert Jacques Turgot, Baron de l'Aulne ( ; ; 10 May 172718 March 1781), commonly known as Turgot, was a French economist and statesman. Sometimes considered a physiocrat, he is today best remembered as an early advocate for economic liberalism. He is thought to have been the first political economist to have postulated something like the law of diminishing marginal returns in agriculture. Education Born in Paris, Turgot was the youngest son of Michel-Étienne Turgot, "Provost (civil), provost of the merchants" of Paris, and Madeleine Francoise Martineau de Brétignolles, and came from an old Normandy, Norman family. As one of four children, he had a younger sister and two older brothers, one of whom, Étienne-François Turgot (1721–1789), was a naturalist, and served as administrator of Malta and governor of French Guiana. Anne Robert Jacques was educated for the Church, and at the Collège de Sorbonne, Sorbonne, to which he was admitted in 1749 (being then styled ''ab ...
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Adam Smith
Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or the "father of capitalism".———— He is known for two classic works: ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is regarded as his ''magnum opus'', marking the inception of modern economic scholarship as a comprehensive system and an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of divine will and instead appeals to natural, political, social, economic, legal, environmental and technological factors, as well as the interactions among them. The work is notable for its contribution to economic theory, particularly in its exposition o ...
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William Petty
Sir William Petty (26 May 1623 – 16 December 1687) was an English economist, physician, scientist and philosopher. He first became prominent serving Oliver Cromwell and the Commonwealth of England, Commonwealth in Cromwellian conquest of Ireland, Ireland. He developed efficient methods to survey the land that was to be confiscated and given to Cromwell's soldiers. He also remained a significant figure under Charles II of England, King Charles II and James II of England, King James II, as did many others who had served Cromwell. Petty was also a scientist, inventor, and merchant, a charter member of the Royal Society, and briefly a member of the Parliament of England. However, he is best remembered for his theories on economics and his methods of ''political arithmetic''. He was knighted in 1661. Life Early life Petty was born in London, where his father and grandfather were Cloth merchant, clothiers. He was a precocious and intelligent youth and in 1637 became a cabin ...
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Kingdom Of Ireland
The Kingdom of Ireland (; , ) was a dependent territory of Kingdom of England, England and then of Kingdom of Great Britain, Great Britain from 1542 to the end of 1800. It was ruled by the monarchs of England and then List of British monarchs, of Great Britain, and was Dublin Castle administration, administered from Dublin Castle by a viceroy appointed by the English king: the lord deputy of Ireland. Aside from brief periods, the state was dominated by the Protestant English (or Anglo-Irish people, Anglo-Irish) minority, known as the Protestant Ascendancy. The Protestant Church of Ireland was the state church. The Parliament of Ireland was composed of Anglo-Irish nobles. From 1661, the administration controlled an Irish Army (1661–1801), Irish army. Although ''de jure'' styled as a kingdom, for most of its history it was ''de facto'' an English Dependent territory, dependency (specifically a viceroyalty). This status was enshrined in the Declaratory Act 1719, also known as th ...
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