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Pre-Smithian concepts of Mercantilism: Quesnay, Mirabeau and Turgot

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  • José M. Menudo

    (Department of Economics, Universidad Pablo de Olavide)

Abstract

Since mercantilism as an idea has been formulated and re-formulated, it seems necessary to examine the earliest constructions—i.e., Quesnay’s système de marchands, Mirabeau’s système mercantile and Turgot’s système de monopole—which have not been analysed as extensively as Smith's mercantile system. We demonstrate that these systems differ greatly in all three cases, as do the intellectual references associated with mercantilism and the issue that gives rise to the appearance of the mercantile system. There is greater similarity in the principles of these systems, although the differences are so relevant that a synthesis of the three cases would be practically impossible.

Suggested Citation

  • José M. Menudo, 2020. "Pre-Smithian concepts of Mercantilism: Quesnay, Mirabeau and Turgot," Working Papers 20.07, Universidad Pablo de Olavide, Department of Economics.
    • Handle: RePEc:pab:wpaper:20.07
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    References listed on IDEAS

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    1. Winch,Donald, 1996. "Riches and Poverty," Cambridge Books, Cambridge University Press, number 9780521559201, November.
    2. Benoît Walraevens, 2017. "Jealousy of trade in Hume and Smith," Post-Print halshs-02079713, HAL.
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    More about this item

    Keywords

    Mercantilism; History of economic thought; Economic Development.;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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