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Economics in PerspectiveA Critical History$
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John Kenneth Galbraith

Print publication date: 2017

Print ISBN-13: 9780691171647

Published to Princeton Scholarship Online: May 2018

DOI: 10.23943/princeton/9780691171647.001.0001

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PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 16 September 2021

The French Design

The French Design

Chapter:
(p.51) Chapter 5 The French Design
Source:
Economics in Perspective
Author(s):

John Kenneth Galbraith

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691171647.003.0005

This chapter examines the ideas emerging at the end of the mercantilist era in France that served and celebrated agriculture, the diversely productive farms, rather than merchants and manufacturers. As mercantilist era came to a close, a combination of economic, political and intellectual forces set France ideologically apart from the rest of Europe. Merchant capitalism, an artisan class, and factory establishments had also appeared in France. Paris had become a city of merchants and their suppliers and workmen. Agriculture in France was more than an occupation; it was a way of life. The chapter considers the emergence of a group who called themselves Physiocrats or Les Économistes in France during the period in question, focusing on their views regarding the concepts of natural law and the produit net, mercantilism, class structure, and price determination.

Keywords:   agriculture, France, merchant capitalism, merchants, Physiocrats, natural law, produit net, mercantilism, class structure, price determination

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