The Economics of Destutt de Tracy
The neglected work of Destutt de Tracy place him in a direct line with the Austrian school of the late 19th century. Though less popular than his countryman and contemporary Jean-Baptiste Say, Tracy won followers among liberals worldwide. Thomas Jefferson and John Adams were among his enthusiastic readers in the United States. Most notable are Tracy's thoughts on method, money and banking, and government policy. FULL ARTICLE
Comments (4)
Black Bloke
Why not write "Bastiat's famous broken window example" rather than "Henry Hazlitt's famous 'broken window' example"?
Bastiat is the source after all, and nothing would've kept you from linking to the Hazlitt book.
Published: November 28, 2008 10:48 PM
heuristic
BB: Well, obviously he overlooked it. Do you anything of substance to say?
Published: November 29, 2008 9:08 AM
Bruce Koerber
Thank you for bringing to our attention another champion of classical liberalism. And thank you for your thorough work.
Published: November 29, 2008 3:40 PM
jlcg
My main difficulty with the article lies on the statement that a transaction reveals the value of something. It actually reveals only the value that WAS. Nothing from a given transaction gives us grounds for judgment, Perhaps it might signify a trend but nothing more. Reality follows no rules, it creates them and they are always efhemeral.
Published: November 30, 2008 8:46 AM