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This book is the first English language edition of Le Commerce et
le Gouvernement by the distinguished eighteenth century economist
and philosopher Condillac. It was one of the most original
contributions to French economics in the eighteenth century. In
this edition the editors provide an English translation of the
original and a comprehensive account of Condillac's life and
contribution to economics. In the late eighteenth century Condillac
used the clarity and precision of thought of a leading philosopher
to derive a fundamental set of economic principles and their
implications for policy. He arrived at the same free trade
conclusions as Adam Smith, and Le Commerce et le Gouvernement was
published in the same year as The Wealth of Nations. Condillac's
economics was initially condemned by the physiocrats because in his
utility-based analysis, industry and commerce and not just
agriculture contributed to the wealth of France. The original
French edition was quickly dismissed by those in positions of power
in France who preferred dirigism to competition, while across the
Channel the British were unaware of its existence. The importance
of Condillac's contribution to economics was recognised after the
marginal revolution of the 1870's. In the eighteenth century
Condillac won the respect of Voltaire and Rousseau, and the high
regard of the King and the Church. His work has since been admired
by Allais, Hayek, Menger and Weulersse, while Jevons believed that
it provided the first distinct statement of the true connection
between value and utility. Commerce and Government will be of
special interest to historians of economic thought and those
interested in the economic history of the eighteenth century.
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