Turgot’s Capital Theory

Raul Cristovão dos Santos ()

Brazilian Journal of Political Economy, 1999, vol. 19, issue 3, 550-564

Abstract: This article examines Turgot’s capital theory. It calls attention for his methodologicalprocedure in deriving first the very concept of capital out of the analysis of circulation,for then to inquire on its possible employments, among them that of acting as advancesin production. In doing so, Turgot changes into a logical result what was a mere suppositionof the physiocratic analysis, namely, the existence of a class of entrepreneurs as the ownersof required amount of resources for carrying on production. JEL Classification: B11; B31.

Keywords: History of economic thought; physiocracy; capital theory; Turgot (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... ticle/view/1070/1055 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:19:y:1999:i:3:p:550-564:id:1070

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().