Achille Nicolas Isnard (1749-1803) an engineer with a keen interest in political economy, is best known for demonstrating the concept of market equilibrium using a system of simultaneous equations. The breadth and depth of his work undoubtedly established him as one of the forerunners of modern mathematical economics, yet his seminal contributions to the study of economics remained largely unrecognized until the latter half of the twentieth century.
This pioneering new book, the first in English, examines Isnard s life and illuminates his major contributions to political...
Achille Nicolas Isnard (1749-1803) an engineer with a keen interest in political economy, is best known for demonstrating the concept of market equ...
The "Essay on the Nature of Trade in General" was written in the early 1730s by Richard Cantillon, a speculator and banker who had made a vast fortune during the Mississippi and South Sea Bubbles of 1719-20. The work remained unpublished for about two decades, but when it appeared posthumously in Paris in 1755 the book was immediately recognised as a brilliant genre-defining contribution to the then emerging intellectual discipline of political economy.
A degree of mystery has always surrounded the publication of the Essay. Cantillon died under mysterious circumstances in 1734, but the...
The "Essay on the Nature of Trade in General" was written in the early 1730s by Richard Cantillon, a speculator and banker who had made a vast fort...