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Autonomous Components in Richard Cantillon’s Essai? An Inquiry through the Lens of the Classical-Keynesian Approach

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  • Santiago José Gahn

    (Department of Political Sciences, Niccolo` Cusano University)

Abstract

The role of demand in the works of some pre-Classical authors has not drawn sufficient attention. We show that autonomous components of aggregate demand are present in Richard Cantillon’s Essai, written in the XVIIIth century, as are some necessary elements for a formulation of a demand-led theory of output and accumulation.

Suggested Citation

  • Santiago José Gahn, 2024. "Autonomous Components in Richard Cantillon’s Essai? An Inquiry through the Lens of the Classical-Keynesian Approach," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 132(1), pages 87-106.
    • Handle: RePEc:vep:journl:y:2024:v:132:i:1:p:87-106
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    Keywords

    Cantillon; growth theory; history of economic thought; autonomous demand; exogenous distribution;
    All these keywords.

    JEL classification:

    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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