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Richard Cantillon As a Proto-Austrian
Manage episode 236585625 series 76841
By Mises Institute and Jeff Deist. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Dr. Mark Thornton, our in-house Cantillon expert, joins the Human Action Podcast to discuss the contributions of this important proto-Austrian thinker. Cantillon may well have written the first true economic treatise, one which lays out a comprehensive theory of production, money, interest, value, method, and trade—almost 150 years before Menger's Principles. And along with the other French physiocrats, Cantillon gave us the concept of lassez-faire that later influenced Adam's Smith's invisible hand. If you want to understand economics today, and the precursors to the Austrian school, you need to know Cantillon and his work.
Cantillon's An Essay on Economic Theory, edited by Mark Thornton. Free PDF available.
A biography of Cantillon by Mark Thornton.
"More on Cantillon as A Proto-Austrian" by Guido Hülsmann.
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