Pre-Smithian concepts of Mercantilism: Quesnay, Mirabeau and Turgot

José M. Menudo ()
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José M. Menudo: Department of Economics, Universidad Pablo de Olavide

No 20.07, Working Papers from Universidad Pablo de Olavide, Department of Economics

Abstract: Since mercantilism as an idea has been formulated and re-formulated, it seems necessary to examine the earliest constructions—i.e., Quesnay’s système de marchands, Mirabeau’s système mercantile and Turgot’s système de monopole—which have not been analysed as extensively as Smith's mercantile system. We demonstrate that these systems differ greatly in all three cases, as do the intellectual references associated with mercantilism and the issue that gives rise to the appearance of the mercantile system. There is greater similarity in the principles of these systems, although the differences are so relevant that a synthesis of the three cases would be practically impossible.

Keywords: Mercantilism; History of economic thought; Economic Development. (search for similar items in EconPapers)
JEL-codes: B11 B3 O1 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2020
New Economics Papers: this item is included in nep-his and nep-hpe
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