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1848: A Primeira Crise da Teoria Económica

Carlos Bastien
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Carlos Bastien: Gabinete de História Económica e Social do ISEG/UTL

Notas Económicas, 2011, issue 34, 57-66

Abstract: This paper aims at clarifying a specific period in the history of the economic ideas: 1848. It was an year of economic, financial, political crisis, which inevitably led also to a crisis in the field of economic ideas. The classical economy at large, as the mainstream economic school, was questioned leaving ground to a recomposition in the field of the economic ideas, especially concerning its theoretical nature. The basic features and mechanisms of that recomposition are examined to understand the determinant conditions for the classical school to remain as the mainstream school, even if it took a new configuration.

JEL-codes: B10 (search for similar items in EconPapers)
Date: 2011
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