IDEAS home Printed from https://ideas.repec.org/a/prs/caecpo/cep_0154-8344_1998_num_32_1_1226.html
   My bibliography  Save this article

Théorie des prix et liberté d'exportation du blé chez Quesnay : une interprétation

Author

Listed:
  • Loïc Charles

Abstract

[eng] This paper will show that the current historical and analytical interpretations of Quesnay's theory of the liberalization of grain trade has major shortcomings. The first point will focus on the historical roots of Quesnay's analysis. Then, I will present the mechanism of the equalization of grain's market prices which allowed a raise of the farmer's net revenue without making the consumer pay for it. According to the commentators, the liberalization by making the competition tougher for the middle-men (traders) brings down their profit to zero. Nevertheless, this interpretation lacks textual evidence. It will be shown that Quesnay's writings leave the door open for another interpretation of the mechanism which does not consider the role of the trader. It is based on the idea that Quesnay's theory of liberalization relies on two different arguments - the equalization of prices and the raise of the corn's market price in the normal year - which he calls merely, and mistakenly, "equalization of prices". [fre] Cet article montre que l'interprétation courante, tant historique qu'analytique, de la théorie de la libéralisation du commerce des grains de Quesnay n'est pas satisfaisante. Après avoir détaillé le contexte intellectuel de ses premiers articles, on présentera le mécanisme de l'égalisation des prix du blé et du rapprochement des prix moyens du vendeur et de l'acheteur qui sont, pour Quesnay, les principales conséquences de la dérégulation : il permet l'enrichissement du fermier sans léser le consommateur. Ce gain est permis, d'après l'interprétation de Gianni Vaggi, parce que l'intermédiaire (le commerçant), soumis à la libre concurrence, voit son profit se réduire jusqu'à disparaître. Le texte de Quesnay indique cependant une autre interprétation qui néglige le rôle de l'intermédiaire. Il sera mis en évidence que la difficulté de la présentation de Quesnay réside dans le fait qu'il existe deux effets distincts produits par la libéralisation - égalisation des prix et augmentation du prix de l'année normale - qu'il ne sépare pas clairement, se référant à la seule "égalisation des prix".

Suggested Citation

  • Loïc Charles, 1998. "Théorie des prix et liberté d'exportation du blé chez Quesnay : une interprétation," Cahiers d'Économie Politique, Programme National Persée, vol. 32(1), pages 41-65.
  • Handle: RePEc:prs:caecpo:cep_0154-8344_1998_num_32_1_1226
    DOI: 10.3406/cep.1998.1226
    Note: DOI:10.3406/cep.1998.1226
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/cep.1998.1226
    Download Restriction: no

    File URL: https://www.persee.fr/doc/cep_0154-8344_1998_num_32_1_1226
    Download Restriction: no

    File URL: https://libkey.io/10.3406/cep.1998.1226?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gianni Vaggi, 1983. "The Physiocratic Theory Of Prices," Contributions to Political Economy, Cambridge Political Economy Society, vol. 2(1), pages 1-22.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jean-Daniel Boyer & Magali Jaoul-Grammare & Sylvie Rivot, 2017. "Prix du blé, régulations et croissance économique : L’analyse cliométrique permet-elle de trancher le débat sur les bleds des années 1750?," Working Papers of BETA 2017-29, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Loic Charles, 2000. "From the Encyclopedie to the Tableau economique : Quesnay on freedom of grain trade and economic growth," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 7(1), pages 1-21.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Serrano, Franklin & Mazat, Numa, 2013. "Quesnay and the analysis of the surplus in an agrarian capitalist economy," MPRA Paper 47781, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:caecpo:cep_0154-8344_1998_num_32_1_1226. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/cep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.