Table of Contents

Handbook on the History of Economic Analysis Volume I

Handbook on the History of Economic Analysis Volume I

Great Economists Since Petty and Boisguilbert

Edited by Gilbert Faccarello and Heinz D. Kurz

Volume I contains original biographical profiles of many of the most important and influential economists from the seventeenth century to the present day. These inform the reader about their lives, works and impact on the further development of the discipline. The emphasis is on their lasting contributions to our understanding of the complex system known as the economy. The entries also shed light on the means and ways in which the functioning of this system can be improved and its dysfunction reduced. Each Handbook can be read individually and acts as a self-contained volume in its own right. It can be purchased separately or as part of a three-volume set.

Chapter 12: Anne-Robert-Jacques Turgot (1727–1781)

Gilbert Faccarello

Subjects: economics and finance, history of economic thought

Extract

Anne-Robert-Jacques Turgot was born on 10 May 1727 in Paris, where he died on 18  March 1781. He was the youngest son of Michel-Étienne Turgot, Marquis of Sousmont, a magistrate and “Prévost des marchands” (Lord Mayor) of Paris. While first destined by his family to an ecclesiastical estate – he studied theology and was admitted to the Maison de Sorbonne – Turgot devoted his career to serving the State. Already during his lifetime he acquired the status of an emblematic figure as the grand reforming civil servant of the Ancien Régime, particularly through two important positions: first as Intendant of the Généralité of Limoges (1761–74), that is, representative of the King in some of the poorest provinces in France (Limousin, Marche and Angoumois); and then as Contrôleur général des Finances (minister of the economy and finance, August 1774–May 1776). In this last position, during less than two years, he tried to progressively implement free trade; to put an end to traditional structures limiting the establishment in trades – such as “jurandes” (craft-guilds) – or regulating the labour force; and to abolish hurtful and inefficient obligations like the “corvée royale” (royal chore). He was also aiming at reforming the political regime of France and had a project of transferring some powers held by the King into the hands of a pyramid of elected assemblies – municipal, provincial and national. (On all these points, see the many developments by Gustave Schelle in Turgot 1913–23.) Turgot...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information