Richard Cantillon: Entrepreneur and Economist

Richard Cantillon: Entrepreneur and Economist


By (author) Antoin E. Murphy, Foreword by Sir John Hicks

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  • Publisher: Clarendon Press
  • Format: Paperback | 356 pages
  • Dimensions: 156mm x 234mm x 20mm | 609g
  • Publication date: 1 February 1989
  • Publication City/Country: Oxford
  • ISBN 10: 0198286821
  • ISBN 13: 9780198286820
  • Edition: New edition
  • Edition statement: New edition
  • Illustrations note: contemporary prints, index

Product description

Richard Cantillon was an 18th century banker and economist whose "Essai sur la nature du commerce en general" (1755), published 21 years after his death, is still considered to be a significant contribution to the development of monetary theory. This biography discusses Cantillon's theories and shows how his career helps to explain the nature of Europe's first major stock exchange booms, the South Sea Bubble and the Mississippi System. It also shows how his theorizing as an economist meshed with his activities as a banker-entrepreneur to make him one of Europe's wealthiest men before his death in mysterious circumstances. The book should be of interest to historians and economists as well as to the general reader.

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Table of contents

Richard Cantillon's background and early career; Cantillon's debut as a banker in Paris, 1714-1717; John Law and Cantillon - the first Mississippi fortune; Bernard Cantillon's expedition to Louisiana, 1719; Lady Mary Herbert and Joseph Gage - two of the great speculators of the age; the Mississippi System; London and Amsterdam - the great crashes of 1720; the rich Mississippian and his wife Mary Anne; debt collection and its legal consequences; the strange accusations of Christopher Balfe; the writing and contents of the "Essai"; the demise of Richard Cantillon; the publication of the "Essai" in 1755.