18th century Irish economist


Richard Cantillon - Wikipedia, the free encyclopedia
"Richard Cantillon (1680-1734) was an important figure in the Physiocrat school of economics, and was influential for the development of the classical economists. Cantillon is acknowledged as a precursor of the Austrian school of economic thought. His fame rests largely on a single, posthumously published work, Essai sur la nature du commerce en général (An Essay on (the Nature of) Commerce in General) (1755). ..."


13 May 1734, in Covent Garden, London


Cantillon for Laymen, by Karen De Coster, Mises Daily, 7 Jun 2006
"... he was the first theorist to maintain an 'independent area of investigation — economics — and to write a general treatise on all its aspects.' ... This set Cantillon apart from his politically influential mercantilist counterparts, and has led many scholars, to label him — not Adam Smith — the father of modern economics ..."
Related Topic: Entrepreneurs
Life and Work of Richard Cantillon, by Henry Higgs, 1959
"The isolation of the conception of material wealth which is claimed as one of the original merits of Adam Smith, is strikingly true of Cantillon. His theory of value is ably presented and serves as a backbone to his presentation of the resultant of economic forces in distribution and circulation."
The Origin of Economic Theory: A Portrait of Richard Cantillon (1680-1734), by Mark Thornton
"It seems clear that Cantillon was an important influence on the development of Austrian economics, and that he can be considered a member of the Austrian School. ... Indeed, the origins of economic theory itself can be traced to Cantillon. William Stanley Jevons ... called the Essai ... the 'Cradle of Political Economy.'"

Books Authored

Essay on the Nature of Commerce in General, 1730
Partial contents: Of Wealth - Of Human Societies - Of Villages - Of Market Towns - Of Metals and Money, and especially of Gold and Silver - Of Barter - Of Market Prices - Of the Circulation of Money - Of Foreign Trade - Of the Exchanges and their Nature
Related Topic: Economics