The Origins of Laissez-Faire Economics
Description
A Journey into the Economic History of Freedom
This course explores the birth of economic science in 18th-century France through the lens of laissez-faire. You'll discover how thinkers challenged mercantilism by arguing the State should protect private rights, but never manipulate markets through regulations.
You will learn how visionary reformers extended this vision to demand free trade and unrestricted circulation of goods, laying the intellectual foundations of modern capitalism. By studying these pioneering economists, you'll understand the timeless principles that shaped global political economy and continue to influence policy debates today. Join now to master the ideas that built the modern economy.
Learning path
Objectives
- Gain a solid understanding of the key concepts behind liberal economic thought and how they evolved during the 18th century
- Understand the arguments thinkers developed against State interventionism
- Evaluate the impact of laissez-faire thought in shaping the development of global political economy
- Examine the tension between theory and practice in implementing liberal economic
Curriculum
+-Introduction
+-Reformers and Thinkers of the Early 18th Century
+-The Physiocratic School
+-The Enlightenment and Political Economy
+-Final section
This course is taught by Benoît Malbranque
Benoît Malbranque is the president of the Coppet Institute, an association that promotes the French school of political economy. He is the author of several books, including his latest, Vincent de Gournay; The Political Economy of Laissez-faire (2016). He republishes the writings of French economists in the Coppet Institute's publishing collections.
