The Golden Age of French Liberalism in the 19th Century: An Anthology in French

9782729881962.indd

L’âge d`or du libéralisme français. Anthologie. XIXe siècle. Robert Leroux et David M. Hart. Préface de Mathieu Laine (Paris: Editions Ellipses, 2014).

This anthology in French is slightly larger than the English language one we did for Routledge. It contains 41 extracts. However, the master collection contains 79 extracts in French which can be found here.

ToC:

Continue reading

Frédéric Bastiat (1801-1850) and Rethinking Classical Economics in the mid-19th Century

NewDirections-FrenchPolEc450

Talk given to a Conference on “A Brief History of Economic Thought,”
Institute for Liberal Studies, The University of Toronto, Bahen Centre
Friday 29 September, 2012

Online here

Abstract: The decade or so 1845-1856 saw a major re-thinking taking place in the nature of classical economic thought in France. The first generation of 19th century French political economy had built upon the legacy left by the Physiocrats of the 18thC (Quesnay, Turgot, et al.), and was comprised of Jean-Baptiste Say (1767-1832), Charles Comte (1782-1837), Charles Dunoyer (1786-1862). They were active in the period between the appearance of Say’s Treatise in 1803 and the appearance of Dunoyer’s magnum opus De la Liberté du travail which appeared in 1845. A new second generation of French political economists emerged in the early 1840s under the umbrella provided by the Guillaumin publishing firm and the founding of the Political Economy Society and the Journal des Économistes in 1841-42. This younger generation was made up by Frédéric Bastiat (1801-1850), Charles Coquelin (1802-1852), Jean-Gustave Courcelle-Seneuil (1813-1892), and Gustave de Molinari (1819-1912). They made important contributions in the ten years between 1846-1856 which transformed the way economics was thought and done. Some of their innovations included the following: the appearance of a more radical radical libertarianism view of political economy in the areas of free banking (Coquelin), and the theory of plunder, subjective value theory, free trade and peace (Bastiat). They also began to challenge some of the key principles of the orthodox classical school of Ricardo, Malthus, and Smith, with new ideas about rent, value theory, and Malthusianism (Bastiat) and the private provision of public goods ( Molinari), and also free competitive banking (Coquelin). Some of these new directions in French political economy are discussed, with an emphasis on the work of Bastiat.

Cato Institute Book Forum: The Collected Works of Frédéric Bastiat, vol. 1

PlaceBastiatMugron-postcard450

Online here

Abstract: This was a talk I gave at the Cato Institute Book Forum on the occasion of the publication of vol. 1 of Liberty Fund’s 6 volume Collected Works of Frédéric Bastiat in October 2011. The volume contains his correspondence and many political essays. In the correspondence we see him moving from being an obscure Provincial Magistrate in the south west of France to becoming one of the leading political economists in Paris. We also see a more personal side to Bastiat in some letters which touch on the topics of the condition of women, fashion, religion, and his considerable wit and humour. Some of the less well known political essays reveal his activity as a revolutionary journalist during the rioting of February and June 1848. It should read alongside a sampling of his correspondence which can be found at the OLL.

Gustave de Molinari and the Future of Liberty in 1901: ‘Fin de Siècle, Fin de la Liberté’?

Molinari-colour300

Online here

Abstract: This paper examines Molinari’s assessment in two articles he wrote at the turn of the 20th century of the achievements of liberty in the 19th century and his prognosis for liberty in the coming 20th century. Concerning the latter, he successfully predicted two related things: firstly, that anti-liberal policies being introduced in the late 19th and early 20th centuries would inevitably lead to a long period of economic crisis and political oppression brought about by war, imperialism, socialist revolution and government intervention in the economy; and secondly, that once this dark period of “statism” had run its course, the benefits of individual liberty and the free market would be rediscovered and the classical liberal reforms the classical liberals had advocated in the 19th century would be introduced once again. His successful predictions need to be seen against the unsuccessful predictions of socialists of all kinds made in the same period. Whether democratic socialist or revolutionary (Marxist) socialist, the predictions of inevitable socialist revolution bringing about peace, prosperity and freedom for the mass of people have been proven to be hopelessly wrong by the extraordinary events of the 20th century. The paper also includes three appendices of Molinari’s writings (in French) from this period.