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Luxe, innovations et crise : les enseignements des économistes classiques

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  • Joël Thomas Ravix

Abstract

The aim of this article is to demonstrate that the Classical economists? analysis can serve as a theoretical framework to explain the economic role of luxury. In the 18th century this school of thought was based on the political implications of trade and luxury, conceived as a kind of social innovation explaining the wealth of nations. During the first half of the 19th century, the Classical economic approach was formed around the links between luxury, technical innovation and economic crisis. JEL Codes: B11, B12, O30

Suggested Citation

  • Joël Thomas Ravix, 2013. "Luxe, innovations et crise : les enseignements des économistes classiques," Innovations, De Boeck Université, vol. 0(2), pages 29-49.
    • Handle: RePEc:cai:inndbu:inno_041_0029
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    More about this item

    Keywords

    luxury; Classical economists; innovation; economic crisis;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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