The Economic Turn

Recasting Political Economy in Enlightenment Europe

Edited by Steven Kaplan, Sophus Reinert

Publication date:

16 January 2019

Publisher

Anthem Press

Dimensions:

229x153mm
6x9"

ISBN-13: 9781783088553

The mid-eighteenth century witnessed what might be dubbed an economic turn that resolutely changed the trajectory of world history. The discipline of economics itself emerged amidst this turn, and it is frequently traced back to the work of François Quesnay and his school of Physiocracy. Though lionized by the subsequent historiography of economics, the theoretical postulates and policy consequences of Physiocracy were disastrous at the time, resulting in a veritable subsistence trauma in France. This galvanized relentless and diverse critiques of the doctrine not only in France but also throughout the European world that have, hitherto, been largely neglected by scholars. Though Physiocracy was an integral part of the economic turn, it was rapidly overcome, both theoretically and practically, with durable and important consequences for the history of political economy. The Economic Turn brings together some of the leading historians of that moment to fundamentally recast our understanding of the origins and diverse natures of political economy in the Enlightenment.

“A significant and wide-ranging collection.”
—Michael Sonenscher, Fellow, King’s College, Cambridge, UK