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Richard Cantillon is one of the key figures in the early history of economics. He was certainly not the first to think about economic problems, but he was the first to have clear insight into the way the economy functions as a system. He was arguably the first to structure a theory of how the economy works. In this sense he could be called the first real economist. Today, his ideas on population, determination of prices, wages and interest, the role of the entrepreneur, banking, and the influence of money supply on the economy are increasingly quoted and appreciated.This is a translation of the Éssai sur la nature du commerce en general his only surviving work. It was circulated in manuscript form for many years after his death and was extremely influential, albeit not well known, at least throughout the eighteenth century. Essays on the Nature of Commerce in General shaped the development of economics through its formative influence on Franþois Quesnay and Adam Smith. It is a cornerstone upon which all subsequent economic theory has been built.Transaction is proud to breathe new life into this classic work as part of its distinguished series in economic theory and history. In his new introduction, Anthony Brewer showcases Cantillon, the prophetic thinker, for a new generation of readers. This volume's broad-based appeal and great cultural import can no longer afford to be overlooked. Students of economic theory, intellectual historians, and sociologists will find this volume indispensable.
The Essay on the Nature of Trade in General was written in the early 1730s by Richard Cantillon, a speculator and banker who had made a vast fortune during the Mississippi and South Sea Bubbles of 1719-20. The work remained unpublished for about two decades, but when it appeared posthumously in Paris in 1755 the book was immediately recognised as a brilliant genre-defining contribution to the then emerging intellectual discipline of political economy. A degree of mystery has always surrounded the publication of the Essay. Cantillon died under mysterious circumstances in 1734, but the work survived in various manuscript forms. This edition offers an innovative mode of presentation, displaying for the very first time all print and manuscript versions of the Essay in parallel. This allows the reader to appreciate different formulations of Cantillon’s seminal contributions to a range of topics, including his circular flow analysis, monetary theory, theories of value and distribution, the role of the entrepreneur, spatial economics and international trade. Richly annotated and accompanied by a detailed study of the historical background of Cantillon’s writings, this new scholarly edition offers many new insights into this early masterpiece of economic theory.
This is a study of Irish-born Richard Cantillon, eighteenth century banker and economist whose Essai sur la Nature du Commerce en General (1755), published twenty-one years after his death, remains a significant contribution to the development of monetary theory. Cantillon's life was an exciting story of involvement in high-level international banking, and speculation in foreign exchanges, commodities and stocks at the time of the South Sea Bubble. His death occurred in mysterious circumstances.
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
A survey of economic theory in the pre-modern era, this collection includes extracts from the works of Aristotle, Thomas Aquinas, Antonio Serra, and David Hume. Their writings in this volume illustrate the ways in which great thinkers of the past sought to argue for and explain the moral, ethical, monetary, and political dimensions of trade and exchange.
This essay was honoured with the first prize in the University of Cambridge for the year 1785 and was influential for Clarkson’s further career. Thomas Clarkson was an English abolitionist, and a leading campaigner against the slave trade in the British Empire. He was not only instrmuental in achieving the passage of the Slave Trade Act of 1807, which ended British trade in slaves, but also campaigned for the abolition of slavery worldwide.
Richard Cantillon is one of the key figures in the early history of economics. He was certainly not the first to think about economic problems, but he was the first to have clear insight into the way the economy functions as a system. He was arguably the first to structure a theory of how the economy works. In this sense he could be called the first real economist. Today, his ideas on population, determination of prices, wages and interest, the role of the entrepreneur, banking, and the influence of money supply on the economy are increasingly quoted and appreciated. This is a translation of the ?ssai sur la nature du commerce en general his only surviving work. It was circulated in manuscript form for many years after his death and was extremely influential, albeit not well known, at least throughout the eighteenth century. Essays on the Nature of Commerce in General shaped the development of economics through its formative influence on Franþois Quesnay and Adam Smith. It is a cornerstone upon which all subsequent economic theory has been built. Transaction is proud to breathe new life into this classic work as part of its distinguished series in economic theory and history. In his new introduction, Anthony Brewer showcases Cantillon, the prophetic thinker, for a new generation of readers. This volume's broad-based appeal and great cultural import can no longer afford to be overlooked. Students of economic theory, intellectual historians, and sociologists will find this volume indispensable. Richard Cantillon (1680û1734). Little is known about Cantillon except that he was Irish and turned briefly from a successful banking career, mainly in France, to write one of the most outstanding works in the history of the subject, L'?ssai. Anthony A. Brewer is professor of the history of economics at the University of Bristol. He is on the editorial advisory board of the scholarly journal, History of Political Economy, and has held visiting posts at Duke University and Chou University (Tokyo). He is the author of Richard Cantillon: Pioneer of Economic Theory, Marxist Theories of Imperialism: A Critical Survey, and A Guide to Marx's Capital.