IDEAS home Printed from https://ideas.repec.org/p/grs/wpegrs/2005-24.html
   My bibliography  Save this paper

Montesquieu as an economist (In French)

Author

Listed:
  • Bertrand BLANCHETON (CMHE, IFReDE-GRES)

Abstract

The purpose of this paper is to reappraise Montesquieu’s thinkings in economy. To Joseph Schumpeter his economic is insignificant - without originality force, or scholarship. According to John-Maynard Keynes, Montesquieu was the real French equivalent of Adam Smith, the greatest of French economists, head and shoulders above the physiocrats in penetration, clear-headedness and good sense. This controversy invites us to undertake an investigation of Montesquieu’s views in economy. This article explores thoughtfully his works and proposes an application of heuristic reading systematic and very progressive too. About all of the subjects (interest rate, money, luxury expenditures, state’s position in society, taxation, public debt, international trade) we try to place Montesquieu in the opposition between interventionism and laisser-faire. Through this analysis J-B. Say, J-M Keynes, J. Schumpeter opinions on Montesquieu become clear especially on interest rate issue. Finally, we conclude that Montesquieu is one of the few French economists to propose a monetary analysis of the interest rate, but his liberal doctrinal leads him to reject all the form of interventionism particularly in the monetary sphere. Definitely, Montesquieu’s just one link of the liberal chain in Europe.

Suggested Citation

  • Bertrand BLANCHETON (CMHE, IFReDE-GRES), 2005. "Montesquieu as an economist (In French)," Cahiers du GRES (2002-2009) 2005-24, Groupement de Recherches Economiques et Sociales.
  • Handle: RePEc:grs:wpegrs:2005-24
    as

    Download full text from publisher

    File URL: http://cahiersdugres.u-bordeaux4.fr/2005/2005-24.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Blaug,Mark, 1997. "Economic Theory in Retrospect," Cambridge Books, Cambridge University Press, number 9780521577014.
    2. Chris Nyland, 1997. "Biology and Environment: Montesquieu's Relativist Analysis of Gender Behavior," History of Political Economy, Duke University Press, vol. 29(3), pages 391-412, Fall.
    3. Devletoglou, Nicos E, 1969. "The Economic Philosophy of Montesquieu," Kyklos, Wiley Blackwell, vol. 22(3), pages 530-541.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tomasz Grodzicki & Mateusz Jankiewicz, 2020. "Forecasting the Level of Unemployment, Inflation and Wages: The Case of Sweden," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 400-409.
    2. Su, Huei-Chun & Colander, David, 2021. "The Economist As Scientist, Engineer, Or Plumber?," Journal of the History of Economic Thought, Cambridge University Press, vol. 43(2), pages 297-312, June.
    3. Daron Acemoglu & James A. Robinson, 2015. "The Rise and Decline of General Laws of Capitalism," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 3-28, Winter.
    4. Khalid Iqbal, 2017. "Welfare Economics: A Story of Existence," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 20(64), pages 75-83, June.
    5. Laurie Bréban & André Lapidus, 2019. "Adam Smith on lotteries: an interpretation and formal restatement," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 26(1), pages 157-197, January.
    6. Thomas E. Lambert, 2020. "Monopoly capital and innovation: an exploratory assessment of R&D effectiveness," International Review of Applied Economics, Taylor & Francis Journals, vol. 34(1), pages 36-49, January.
    7. Andrew Lister, 2017. "Markets, desert, and reciprocity," Politics, Philosophy & Economics, , vol. 16(1), pages 47-69, February.
    8. Nicolò Bellanca & Stefani Innocenti, 2013. "Not-dividing the Indivisible: Formation of the Sacred and Antagonistic Conflicts," Working Papers - Economics wp2013_10.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    9. Klára Čermáková & Pavel Procházka & Lucie Kureková & Jiří Rotschedl, . "Do Institutions Influence Economic Growth?," Prague Economic Papers, Prague University of Economics and Business, vol. 0.
    10. Michael T. Rauh, 2007. "Incentives, Solidarity, and the Division of Labor," Working Papers 2007-15, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    11. David Simpson, 2013. "The Rediscovery of Classical Economics," Books, Edward Elgar Publishing, number 15080.
    12. Anders Liljenberg, 2005. "The Austrian Tertius Gaudens: A Revisit of Competition Theory in Light of Georg Simmel," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(2), pages 195-218, June.
    13. Vladiir Yefimov, 2015. "Two Disputes Of Methods, Three Constructivisms, And Three Liberalisms. Part I," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 29-38.
    14. Christian Bjørnskov & Martin Paldam, 2012. "The spirits of capitalism and socialism," Public Choice, Springer, vol. 150(3), pages 469-498, March.
    15. Yefimov, V. M., 2015. "Two Disputes of Methods Three Constructivisms and Three Liberalisms. Part I," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(1), pages 24-33.
    16. Roberto Camagni, 2002. "On the Concept of Territorial Competitiveness: Sound or Misleading?," Urban Studies, Urban Studies Journal Limited, vol. 39(13), pages 2395-2411, December.
    17. José M. Gaspar, 2020. "Paul Krugman: contributions to Geography and Trade," Letters in Spatial and Resource Sciences, Springer, vol. 13(1), pages 99-115, April.
    18. Marwan Mohamed Abu Orabi, 2020. "The Impact of Monetary Inflation on Investment Decisions in Jordanian Industrial Companies," Modern Applied Science, Canadian Center of Science and Education, vol. 14(7), pages 133-133, July.
    19. Lefteris Tsoulfidis & Dimitris Paitaridis, 2012. "Revisiting Adam Smith's theory of the falling rate of profit," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 39(5), pages 304-313, April.
    20. Violeta PUÅžCAÅžU, 2013. "Family Planning And Demographic Planning €“ A General View On The Scale Differences," Public Administration and Reginal Studies, "Dunarea de Jos" University of Galati, Faculty of Juridical, Social and Political Sciences, issue 1, pages 23-32.

    More about this item

    Keywords

    Interest rate; liberalism; international trade;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grs:wpegrs:2005-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vincent Frigant (email available below). General contact details of provider: https://edirc.repec.org/data/gressfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.