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Dupuit and the Railroads

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  • Robert B. Ekelund
  • Robert F. Hebert

Abstract

Guy Numa is justified in calling attention to our erroneous translation of a passage from Jules Dupuit’s Dictionnaire article of 1853. His conclusions, however, regarding Dupuit’s “global” policy prescriptions on the operation of railroads, and their semi-convergence with the views of Walras, do not withstand scrutiny when examined against the totality of Dupuit’s economic writings. In this article we reaffirm and defend our body of work that depicts Dupuit as an important advocate of market-based principles in the formation and development of his views on economic policy; and we reject Numa’s claims that Dupuit advocated state control of railroads as the optimal course of action.

Suggested Citation

  • Robert B. Ekelund & Robert F. Hebert, 2012. "Dupuit and the Railroads," History of Political Economy, Duke University Press, vol. 44(1), pages 97-111, Spring.
  • Handle: RePEc:hop:hopeec:v:44:y:2012:i:1:p:97-111
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    Cited by:

    1. Manuela Mosca, 2015. "A Review of "Réglementations et concurrence dans le chemins de fer français, 1823-1914", by Guy Numa," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 22(1), pages 140-144, February.
    2. Poinsot, Philippe, 2016. "Jules Dupuit And The Railroads: What Is The Role Of The State?," Journal of the History of Economic Thought, Cambridge University Press, vol. 38(2), pages 189-209, June.

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    Keywords

    Jules Dupuit; history of economics;

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