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Jean-Baptiste Say (1767–1832) was one of the first great economists to have laid down the foundations of economic science. Author of the famous Treatise on Political Economy in 1803, which was revised and re-edited on several occasions, he published numerous other works including a voluminous Complete Course in Practical Political Economy in 1828–9. He also taught political economy successively from 1815 until his death in three Parisian establishments: the Athénée, the Conservatory of Arts and Trades, and the Collège de France. The texts in which Say exposes his approach to political economy have not been available in the English language until now except for the fourth edition of the ‘Preliminary Discourse’ which serves as an introduction to the Treatise. This book presents a translation which renders his works accessible to the English speaking world. For the first time, English readers will be able to become directly immersed in Say’s principal texts, where he develops his conception of political economy. Jean-Baptiste Say and Political Economy proposes a translation of a selection of eleven of Say’s texts. The first three are versions of the ‘Preliminary Discourse’ from the Treatise’s editions of 1803, 1814 and 1826 with the variations of the editions of 1817, 1819 and 1841. The following four texts are the opening discourses pronounced at the Conservatory in 1820 and 1828 and the Collège de France in 1831 and 1832. The eighth text is the ‘General Considerations’ which open the Complete Course in Practical Political Economy of 1828, with the variations of the 1840 re-edition. The final three texts are those Say devotes to ‘the progress of political economy’ in what is akin to a history of economic thought. This volume is of great importance to economic historians and people studying Jean-Baptiste Say, as well as those who are interested in economic theory and philosophy and political economy.
Republicanism and the French Revolution reassesses Jean-Baptiste Say's political economy by locating the author's ideas amidst the intellectual upheavals of Old Regime and revolutionary France. Traditionally Say has been portrayed as a rather staid figure, the archetypal liberal and classicalpolitical economist devoted to Adam Smith's Wealth of Nations. This study reveals the historic Say to have been altogether different; a passionate and committed republican intellectual and French patriot, he was as opposed to Britain's constitution, commerce, and political culture as he was toBonaparte's First Empire. The relationship between Say's political thought and political economy, evinced in the full range of his writings from 1789 to 1832, is scrutinized for the first time, elucidating the true origins of his republicanism. This derived from a rich seam of political speculation among French and Genevanradicals concerning the possibility of transforming large and corrupt monarchies into modern republics whose political culture was characterized by commerce and virtue. By the 1790s such ideas had come to define the French Revolution itself, at once promising to restore French greatness and replaceBritain as the leading cultural force in Europe. Say looked back to such luminaries as Diderot, Gibbon, and Franklin as members of the modern republican Pantheon and dedicated his life to formulating a political economy that would persuade legislators and ordinary citizens to embrace the republicancreed.
This volume is the first full-length biography of Jean-Baptiste Say (1767-1832), the most famous French classical economist. During his lifetime Say actively took part in three revolutions: the French Revolution, the Industrial Revolution and the establishment of economics as an academic discipline. He struggled with Bonaparte, was the owner of a cotton spinning mill, and published his famous Treatise of political economy and many other economic writings.
"A Treatise on Political Economy"by Antonie Louis Claude Destutt de Tracy (1754-1836) is a foundational text of nineteenth-century, free-market economic thought and remains one of the classics of nineteenth-century French economic liberalism. Destutt de Tracy was one of the founders of the classical liberal republican group known as the Ideologues, which included Benjamin Constant, Jean-Baptiste Say, Marquis de Condorcet, and Madame de Stael.In this volume, Destutt de Tracy provides one of the clearest statements of the economic principles of the Ideologues. Breaking with the physiocratic orthodoxy of the eighteenth century, Destutt de Tracy denies that land is the source of all productive labor and focuses his attention upon manufacturing and manufacturers as the producers of utility and, therefore, of value and of wealth. Placing the entrepreneur at the center of his view of economic activty, he argues against luxurious consumption of the idle rich and recommends a market economy with low taxation and minimum state intervention.Destutt de Tracy sent the text of "A Treatise on Political Economy "to Thomas Jefferson in hopes of securing its translation in the United States. It was met with enthusiastic approval. Jefferson wrote to the publisher, "The merit of this work will, I hope, place it in the hands of every reader in our country." Jeremy Jennings isProfessor of Political Theory at Queen Mary, University of London."
Eighteenth-century economist J.B. Say is remembered as the author of the adage "supply creates its own demand". His life coincided with the French Revolution and the Industrial Revolution in Great Britain. The pieces included here are well-chosen examples of Say's viewswritten in his own nontechnical languageon contemporary events and on the development of economics as a social science. Especially of interest to historians and students of economics.
A benchmark in the history of economics and of political ideas, Rothschild shows us the origins of laissez-faire economic thought and its relation to political conseratism in an unquiet world.