The Foundations of 'Laissez-Faire': The Economics of Pierre de Boisguilbert

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This is the first full length study of Boisguilberts work to appear in English, with an extended discussion of the context in which he worked, a detailed analysis of his life and work, and the theoretical foundations of "laissezifaire".

workman effort, much remains to be done. Anglo-Saxon scholards of French pre-Smithian economic though will find this book useful, if for no other reason that the dearth of secondary sources on Buisguillbert in English. This book is a welcome addition to a sparse literature in which

little new or original research has emerged over the past three decades. - History of Political Economy, Robert F. Hebert, Auburn University

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Editorial Reviews

The first full-length study in English since 1935 on Boisguilbert's (1646-1714) new theoretical approach to economics. Faccarello (history of economics, <'E>cole Normale Sup<'e>rieure de Fontenay, Saint-Cloud, France) explains how it not only develops the theoretical foundations of but also constitutes a substantial analysis of the behavior of economic agents in generating prosperity and depression. The original rale/> was published by <'E>ditions Anthropos in 1986. Annotation c. Book News, Inc., Portland, OR (
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Product Details

Table of Contents

Introduction: A fin de regne Alceste 1
1 The context (I). Social and political Augustinianism 13
2 The context (II). On some problems in the governing of an ordered state 34
3 Equilibrium (I). The social classes approach: from the 'state of innocence' to the 'polished and magnificent state' 58
4 Equilibrium (II). The market approach: the foundations of equilibrium and of free trade 73
5 Destabilising shocks (I). Court language and merchant truth 103
6 Destabilising shocks (II). Market strategies: the propagation of disequilibrium 122
Conclusion 142
Appendix 143
Notes 165
Bibliography 185
Index 195
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