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Jean-Baptiste Say, 1767–1832 and Jean-Charles Simonde de Sismondi, 1773–1842: Value, Revenues and Crises

In: A Concise History of Economic Thought

Author

Listed:
  • Gianni Vaggi

    (University of Pavia)

  • Peter Groenewegen

    (University of Sydney)

Abstract

Between Smith and Ricardo there is a period of transition characterised by important changes both in the main economic themes and in the way of analysing them. The French Revolution and the Napoleonic wars left a deep mark on economic debates. England was horrified by the events of the French Revolution and by the period of the so called ‘terror’, especially the beheading of Louis XVI. In his Reflections on the Revolution in France (1790) Edmund Burke put forward an interpretation of Smith designed to oppose the thought of the author of the Wealth of Nations to the liberal and radical views of the revolutionary leaders. The economic debates during the final decade of the eighteenth century are succinctly described in Winch (1996, especially chapters 5 and 7).

Suggested Citation

  • Gianni Vaggi & Peter Groenewegen, 2003. "Jean-Baptiste Say, 1767–1832 and Jean-Charles Simonde de Sismondi, 1773–1842: Value, Revenues and Crises," Palgrave Macmillan Books, in: A Concise History of Economic Thought, chapter 12, pages 117-125, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-50580-3_12
    DOI: 10.1057/9780230505803_12
    as

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