Benjamin Franklin: A Liberal Practitioner of Political Economy
AbstractFew eighteenth century practitioners of political economy have been as misunderstood or stereotyped as Benjamin Franklin. His economic essays which spanned a sixty-one year period (1729-1790), still create disagreement among scholars even on the doctrinal origins of Franklin's economic ideas. If Franklin was not a mercantilist, neither was he exclusively a physiocrat nor an early classical economist, especially if both of these schools or early "research programs" in economics are viewed as mutually exclusive. As this paper will show, there was a unity and consistency in Franklin's political economy, and it reflected the content and liberal character of physiocratic and early classical thought.
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Bibliographic InfoPaper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 9404.
Length: 54 pages
Date of creation: Sep 1994
Date of revision:
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Benjamin Franklin; economic history; history of economic thought; physiocrats; political economy;
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