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The French Tradition. An alternative theoretical framework


  • José M. Menudo

    () (Department of Economics, Universidad Pablo de Olavide)

  • José Mª O’kean

    () (Department of Economics, Universidad Pablo de Olavide)


This paper deals with the French economic thought throughout the eighteenth and nineteenth centuries. A series of distinctive concepts were developed to come to a clear understanding of the economic problems which the French authors were interested in. J.A. Schumpeter called these economists 'the French tradition'. The arguments presented in this paper aim at illustrating the process of construction of this framework of theoretical concepts which can be regarded as an unsuccessful alternative to the British classical economics. However, this fruitful view of the economy has left a legacy of important contributions to economic theory..

Suggested Citation

  • José M. Menudo & José Mª O’kean, 2006. "The French Tradition. An alternative theoretical framework," Working Papers 06.24, Universidad Pablo de Olavide, Department of Economics.
  • Handle: RePEc:pab:wpaper:06.24

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    References listed on IDEAS

    1. Eltis, Walter A, 1975. "Francois Quesnay: A Reinterpretation. 2. The Theory of Economic Growth," Oxford Economic Papers, Oxford University Press, vol. 27(3), pages 327-351, November.
    2. Rima, Ingrid H., 1998. "Class Conflict and Adam Smith's “Stages of Social History”," Journal of the History of Economic Thought, Cambridge University Press, vol. 20(01), pages 103-113, March.
    3. Koolman, G, 1971. "Say's Conception of the Role of the Entrepreneur," Economica, London School of Economics and Political Science, vol. 38(151), pages 269-286, August.
    4. Schultz, Theodore W, 1975. "The Value of the Ability to Deal with Disequilibria," Journal of Economic Literature, American Economic Association, vol. 13(3), pages 827-846, September.
    5. Reneé Prendergast, 1991. "Cantillon and the Emergence of the Theory of Profit Contribution," History of Political Economy, Duke University Press, vol. 23(3), pages 419-429, Fall.
    6. Philippe Steiner, 1987. "Le projet physiocratique : théorie de la propriété et lien social," Revue Économique, Programme National Persée, vol. 38(6), pages 1111-1128.
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    More about this item


    Classical and Preclassical; Economic Methodology; Entrepreneurship; Production and Organisations.;

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • D2 - Microeconomics - - Production and Organizations

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