Innovations in Economic Science: French Contribution for the Last 70 Years

I. Peaucelle

Voprosy Ekonomiki, 2011, issue 9

Abstract: In the article some branches of modern economic thought are considered, in which the French researchers have made pioneering contributions. French science is characterized by its Cartesian roots as well as by the ideas of national accounting dating back to Quesnay. Over the past 70 years two parallel paths of these fundamental distinguishing features are clearly visible. One way is formed under the influence of historical, legal and psychological research. It is presented by indicative planning, experimentation in the economy, and theories of justice and regulation. The other way is determined by the inclusion of mathematics, where the French contribution can be seen in such approaches as macroeconometric modeling, the theory of disequilibrium and quantitative finance.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2011:id:1149

DOI: 10.32609/0042-8736-2011-9-66-79

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