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Real foundation and monetary analysis in François Quesnay
[Problématique réelle et analyse monétaire chez François Quesnay]

Author

Listed:
  • Edwin Le Héron

    (CED - Centre Émile Durkheim - IEP Bordeaux - Sciences Po Bordeaux - Institut d'études politiques de Bordeaux - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article aims to highlight what constitutes François Quesnay's modernity. Situated between the early monetary theories of the mercantilists and the dominance, since Adam Smith, of analysis in real terms, his approach combines a real foundation with an analysis of production highlighting a circulation of monetary flows. While this theory of net product linked solely to agricultural productivity quickly fell into disuse, his monetary analysis of the circulation of global flows remains surprisingly modern.

Suggested Citation

  • Edwin Le Héron, 2025. "Real foundation and monetary analysis in François Quesnay [Problématique réelle et analyse monétaire chez François Quesnay]," Post-Print hal-05555866, HAL.
    • Handle: RePEc:hal:journl:hal-05555866
    DOI: 10.48611/isbn.978-2-406-19167-4.p.0043
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