Books By: Cantillon, Richard

Author
Title
Categories
Collection
Essay on the Nature of Trade in General

Essay on the Nature of Trade in General By Richard Cantillon
Edited and with an Introduction by Antoin E. Murphy

Economics

The Liberty Fund edition is a modernized translation of Richard Cantillon’s Essai sur la nature du commerce en général (1755) with a new introduction by Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first century audience.