{"id":1577,"date":"2022-08-07T09:29:36","date_gmt":"2022-08-06T22:29:36","guid":{"rendered":"http:\/\/davidmhart.com\/wordpress\/?p=1577"},"modified":"2026-04-08T06:31:22","modified_gmt":"2026-04-07T20:31:22","slug":"the-guillaumin-network-and-the-paris-school-of-political-economy","status":"publish","type":"post","link":"http:\/\/davidmhart.com\/wordpress\/the-guillaumin-network-and-the-paris-school-of-political-economy\/","title":{"rendered":"The Guillaumin Network and the Paris School of Political Economy"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/davidmhart.com\/wordpress\/wp-content\/uploads\/2022\/08\/RueRichelieu450.jpg\"><\/p>\n<p>[The Moli\u00e8re Fountain on the rue de Richelieu (down the left). The Guillaumin firm was located at no. 14 rue de Richelieu.]<\/p>\n<p><strong>Note<\/strong>: See also the following:<\/p>\n<ul>\n<li>my blog post on \u201cA Publishing History of the Guillaumin Firm (1837-1910)\u201d (5 Aug. 2022) <a href=\"http:\/\/davidmhart.com\/wordpress\/a-publishing-history-of-the-guillaumin-firm-1837-1910\/\">here<\/a><\/li>\n<li>my summary webpage on <a href=\"http:\/\/davidmhart.com\/liberty\/Index-Pages\/paris-school.html\">The Paris School<\/a><\/li>\n<li>a brief description of the Guillaumin firm and my list of their publications: \u201cGilbert-Urbain Guillaumin (1801-64) and the Guillaumin Publishing Firm (1837-1910)\u201d <a href=\"http:\/\/davidmhart.com\/liberty\/FrenchClassicalLiberals\/Guillaumin\/index.html\">here<\/a><\/li>\n<\/ul>\n<p>[This post is an excerpt from <a href=\"http:\/\/davidmhart.com\/liberty\/Papers\/ParisSchool\/index.html#theguillauminnetwork\">my longer paper<\/a> on the Paris School. See this for the full references of works cited.]<\/p>\n<p>One of the most important innovations for the consolidation of the Paris School as a serious, organised, and influential intellectual movement came from the entrepreneurial activities of Gilbert-Urbain Guillaumin (1801\u20131864) who founded the publishing firm which bore his name in 1837.<a href=\"\/#fn:1\" id=\"fnref:1\" title=\"see footnote\" class=\"footnote\">[1]<\/a> He had become active in politics in the 1820s when he joined the radical democratic and republican Carbonari movement. This may explain his later support for some of the more radical members of the Paris School whose work the firm would later publish, such as Charles Coquelin, Fr\u00e9d\u00e9ric Bastiat, and Gustave de Molinari, in spite of the objections of many of the more mainstream members of the school. The Guillaumin firm would become the focal point for the Paris School for the next 74 years, channelling money which he helped raise from wealthy benefactors (such as the merchant Horace Say (son of Jean-Baptiste) and the industrialist Casimir Cheuvreux) into the pockets of several generations of liberal political economists. The historian G\u00e9rard Minart correctly calls this \u201cle r\u00e9seau Guillaumin\u201d (the Guillaumin network) given the number of individuals, groups, associations, and activities Guillaumin founded, financed, or put in touch with each other.<a href=\"\/#fn:2\" id=\"fnref:2\" title=\"see footnote\" class=\"footnote\">[2]<\/a><\/p>\n<p>The firm commissioned books on economics (publishing a total of 2,356 titles between 1837 and 1910 at an average rate of 31.8 titles per year),<a href=\"\/#fn:3\" id=\"fnref:3\" title=\"see footnote\" class=\"footnote\">[3]<\/a> began the <em>Journal des \u00c9conomistes<\/em> in December 1841 (it lasted nearly 100 years until the Nazi occupation of Paris in 1940 forced it to close),<a href=\"\/#fn:4\" id=\"fnref:4\" title=\"see footnote\" class=\"footnote\">[4]<\/a> and the <em>Soci\u00e9t\u00e9 d\u2019\u00e9conomie politique<\/em> in 1842 which became the main organization which brought classical liberals,<a href=\"\/#fn:5\" id=\"fnref:5\" title=\"see footnote\" class=\"footnote\">[5]<\/a> sympathisers in the intellectual and political elites of France, and foreign visitors together for discussion and debate at their monthly dinner meetings, presided over by the Society\u2019s permanent president Charles Dunoyer.<\/p>\n<p>The publishing strategy of the Guillaumin firm was a sophisticated one which proved to be very successful over many decades. It was designed to attract a broad range of authors as well as readers from different ideological perspectives, not just the hard core of radical laissez-faire advocates. It attracted businessmen with its first commercial success, an <em>Encyclop\u00e9die du commer\u00e7ant. Dictionnaire du commerce et des marchandises<\/em> (A Dictionary of Commerce and Goods) (1837, 1839, 1841)<a href=\"\/#fn:6\" id=\"fnref:6\" title=\"see footnote\" class=\"footnote\">[6]<\/a> and other titles dealing with how to buy shares on the stock exchange, bankruptcy law, and trade marks. Its staple was the monthly <em>Journal des \u00c9conomistes<\/em><a href=\"\/#fn:7\" id=\"fnref:7\" title=\"see footnote\" class=\"footnote\">[7]<\/a> and the annual compendium of statistics and economic data <em>Annuaire de l\u2019\u00e9conomie politique et de la statistique<\/em> (founded 1844) edited by Guillaumin and Joseph Garnier.<a href=\"\/#fn:8\" id=\"fnref:8\" title=\"see footnote\" class=\"footnote\">[8]<\/a><\/p>\n<p>On more theoretical matters, it published in book form the lectures given by Pellegrino Rossi, Michel Chevalier, and Joseph Garnier at the universities and colleges in order to give them a far greater audience. It published dozens of books on economic and financial history, especially on tax, government finance, and pubic credit. It published a steady stream of books dealing with poverty and the social question. A very large academic project it undertook in 1840 was to publish a large collection in 15 volumes of key works in the history of economic thought which was edited by a former tax collector turned editor Eug\u00e8ne Daire (1798\u20131847) which began by republishing the main works of J.B Say before turning to works on eighteenth-century finance, the physiocrats, Turgot, Adam Smith, Malthus, Ricardo, Hume, and Bentham. This project was notably also for its use of the young generation of rising economists like Alcide Fonteyraud and Gustave de Molinari as editors of some of the volumes, thus giving them much needed income as well as helping them make a name for themselves as scholars.<a href=\"\/#fn:9\" id=\"fnref:9\" title=\"see footnote\" class=\"footnote\">[9]<\/a><\/p>\n<p>Finally, they were also keen to demonstrate the new directions in which the Paris School was moving by publishing innovative works by some of the more radical members of the Guillaumin network, such as Coquelin, <em>Du Cr\u00e9dit et des Banques<\/em> (1848) on free banking, Molinari, <em>Les Soir\u00e9es de la rue Saint-Lazare<\/em> (1849) on free market alternatives to public goods provided by the state, Bastiat, <em>Harmonies \u00e9conomiques<\/em> (1850, 1851), which was his controversial and in part proto-Austrian theoretical treatise,<a href=\"\/#fn:10\" id=\"fnref:10\" title=\"see footnote\" class=\"footnote\">[10]<\/a> and <em>Ce que l\u2019on voit et ce que l\u2019on ne voit pas ou l\u2019\u00e9conomie politique en une le\u00e7on<\/em> (1850) which was a pioneering work using the idea of opportunity cost to argue against many forms of government expenditure and regulation.<\/p>\n<p>In addition to the publishing firm there were several other groups and organisations which were part of the broader \u201cGuillaumin network\u201d of economists and their friends and allies. These included the French Free Trade Association,<a href=\"\/#fn:11\" id=\"fnref:11\" title=\"see footnote\" class=\"footnote\">[11]<\/a> the Congr\u00e8s des \u00c9conomistes,<a href=\"\/#fn:12\" id=\"fnref:12\" title=\"see footnote\" class=\"footnote\">[12]<\/a> the Friends of Peace Congress,<a href=\"\/#fn:13\" id=\"fnref:13\" title=\"see footnote\" class=\"footnote\">[13]<\/a> and the private Paris salons held by Anne Say (n\u00e9e Cheuvreux, the wife of the businessman Horace Say) and Hortense Cheuvreux (the wife the the wealthy textile manufacturer Casimir Cheuvreux).<a href=\"\/#fn:14\" id=\"fnref:14\" title=\"see footnote\" class=\"footnote\">[14]<\/a><\/p>\n<p>However, the pinnacle of the Paris School\u2019s achievement in this period was their compendium of \u201cirrefutable\u201d arguments and economic data which would answer all their protectionist, interventionist, and socialist critics &#8211; the <em>Dictionnaire de l\u2019\u00e9conomie politique<\/em> (1852\u201353).<a href=\"\/#fn:15\" id=\"fnref:15\" title=\"see footnote\" class=\"footnote\">[15]<\/a> The DEP is a two volume, 1,854 page, double-columned encyclopedia of political economy and is unquestionably one of the most important publishing events in the history of 19th century French classical liberal thought and is unequalled in its scope and comprehensiveness. The aim was to assemble a compendium of the state of knowledge of liberal political economy with articles written by leading economists on key topics, biographies of important historical figures, annotated bibliographies of the most important books in the field, and tables of economic and political statistics. The Economists believed that the events of the 1848 Revolution had shown how poorly understood the principles of economics were among the French public, especially its political and intellectual elites. One of the tasks of the DEP was to rectify this situation with an easily accessible summary of the entire discipline. The major contributors were the editor Charles Coquelin (with 70 major articles), Gustave de Molinari (29), Horace Say (29), Joseph Garnier (28), Ambroise Cl\u00e9ment (22), Courcelle-Seneuil (21), and Maurice Block wrote most of the biographical entries. The intellectual ghost floating over the entire project was the recently deceased Fr\u00e9d\u00e9ric Bastiat. If his health had not been failing rapidly he might have been expected to have played a major role in its production. The editor Coquelin paid homage to him by using large chunks of Bastiat\u2019s essays for two of the key entries in the DEP on \u201cThe State\u201d and \u201cThe Law.\u201d<\/p>\n<p>Sadly, as the century was coming to a close and as classical liberal ideas were becoming less and less influential, the Guillaumin firm tried to repeat the exercise with an updated version of the <em>DEP<\/em> in 1891, interestingly edited by Jean-Baptiste Say\u2019s grandson L\u00e9on, but with little obvious success in halting the tide of opinion.<a href=\"\/#fn:16\" id=\"fnref:16\" title=\"see footnote\" class=\"footnote\">[16]<\/a><\/p>\n<h3>Endnotes<\/h3>\n<div class=\"footnotes\">\n<hr>\n<ol>\n<li id=\"fn:1\">It should be noted that the Swiss-born land surveyor and translator Th\u00e9odore Fix (1800\u20131846) made a false start in creating a journal dedicated to political economy. He and Adolphe Blanqui founded the <em>Revue mensuelle d\u2019\u00e9conomie politique<\/em> (1833\u201336) which was initially influenced by Sismondi\u2019s paternalistic interventionism concerning support for the poor and working class but gradually turned in a more free market direction under the influence of Rossi and Blanqui. It was an important precursor to JDE but failed because it lacked the financial backing Guillaumin would be able to provide later. His only book was on the social question <em>Observations sur l\u2019\u00e9tat des classes ouvri\u00e8res<\/em> (1846).  <a href=\"\/#fnref:1\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:2\">Minart, <em>Gustave de Molinari<\/em>, p. 56. The economist Henri Baudrillart called it \u201cle centre et le lien de notre \u00e9cole\u201d (the centre and connecting point of our school of thought). Henri Baudrillart is quoted in Joseph Garnier, \u201cGuillaumin. Ses fun\u00e9railes, &#8211; sa vie et son oeuvre\u201d (JDE, 1865). Quote comes from p. 111. Lucette Levan-Lemesle, \u201cGuillaumin, \u00c9diteur d\u2019\u00c9conomie politique 1801\u20131864\u201d (1985).  <a href=\"\/#fnref:2\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:3\">The Guillaumin firm published 2,356 titles between its founding in 1837 and its take-over by F\u00e9lix Alcan in 1906 at an average rate of 31.8 titles per year. In the last years of the July Monarchy 1837\u20131847 it published 156 books and pamphlets at a rate of 14 p.a.; during the Second Republic 1848\u201352 it published 204 titles at a rate of 41 p.a. Its peak year was 1848, the year of Revolution, during which it published 67 titles. See the list of publications compiled by Beno\u00eet Malbranque, \u201cListe compl\u00e8te des titres publi\u00e9s par Guillaumin (1837\u20131910)\u201d (2017).  <a href=\"\/#fnref:3\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:4\">Michel Lutfalla, \u201cAux Origines du liberalisme economique en France: le <em>Journal des \u00c9conomistes<\/em>; Analyse du contenu de la premiere serie, 1841\u201353\u201d (1974).  <a href=\"\/#fnref:4\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:5\">Breton, Yves. \u201cThe Soci\u00e9t\u00e9 d\u2019\u00e9conomie politique of Paris (1842\u20131914)\u201d (2001).  <a href=\"\/#fnref:5\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:6\">It was inspired by the success of J.R. McCulloch\u2019s <em>A Dictionary, Practical, Theoretical and Historical of Commerce and Commercial Navigation<\/em> (1832) and was designed to serve the specific needs of French businessmen and traders.  <a href=\"\/#fnref:6\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:7\">The <em>Journal des \u00e9conomistes<\/em> was launched in December 1841 and appeared of the 15th of every month. The editors in our period were Gilbert-Urbain Guillaumin (December 1841), Adolphe Blanqui (1842\u201343), Hippolyte Dussard (1843\u201345), and Joseph Garnier (1845\u201355). It contained a combination of theoretical articles, analysis of current economic policy, book reviews, reports of debates in the Chamber of Deputies, and minutes of meetings of the Political Economy Society.  <a href=\"\/#fnref:7\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:8\">The <em>Annuaire<\/em> appeared for 56 years until it ended in 1899.  <a href=\"\/#fnref:8\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:9\">Fonteyraud edited the volume on Ricardo, translating some of his work for the first time into French and writing a very detailed introduction and notes. Molinari did the two last volumes in the series on Hume, Franklin, Bentham, and other 18th century authors.  <a href=\"\/#fnref:9\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:10\">Rothbard coined the term \u201cproto-Austrian\u201d to describe J.B. Say but it also applies equally well to Bastiat. Rothbard, <em>Classical Economics,<\/em> p. 21.  <a href=\"\/#fnref:10\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:11\">The French Free Trade Association was founded on 23 February 1846 in Bordeaux and then a National Association followed on 10 May based in Paris. Bastiat was the secretary of the Board, which was presided over by Fran\u00e7ois d\u2019Harcourt and having among its members Michel Chevalier, Auguste Blanqui, Joseph Garnier, Gustave de Molinari, and Horace Say. The journal of the Association was called <em>Le Libre-\u00c9change<\/em> and was edited and largely written by Bastiat. The first issue appeared on 29 November 1846 and it closed on 16 April 1848 after 72 issues, when the economists decided to focus their attention on fighting the rise of socialism.  <a href=\"\/#fnref:11\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:12\">The <em>Congr\u00e8s des \u00c9conomistes<\/em> was founded by the Belgian Free Trade Association and organised by Le Hardy de Beaulieu and Charles de Brouck\u00e8re. A European-wide congress was held in Brussels in September 1847 which was attended by 170 people who were a \u201cwho\u2019s who\u201d of the leading advocates of liberal political economy in Europe. It was attended by a large contingent from France, including Horace Say, Charles Dunoyer, Guillaumin, Joseph Garnier, Alcide Fonteyraud, the Duke d\u2019Harcourt, Adolphe Blanqui, Louis Wolowski, and Gustave de Molinari. The Congress was also attended by Karl Marx but it is not known if he met any of the French political economists. See, <em>Congr\u00e8s des \u00c9conomistes r\u00e9unis \u00e0 Bruxelles<\/em> (1847). Attendee list pp. 5\u20139. The speech Marx intended to give at the Congress, but was not allowed to, can be found in <em>Karl Marx Frederick Engels Collected Works<\/em>, vol. 6 (2010),; Frederick Engels, \u201cThe Economic Congress\u201d, pp. 274\u201378, Karl Marx, \u201cThe Protectionists, the Free Traders and the Working Class,\u201d pp. 279\u201381, Frederick Engels, \u201cThe Free Trade Congress at Brussels,\u201d pp. 282\u201390.  <a href=\"\/#fnref:12\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:13\">The third Friends of Congress was held in Paris in August 1849 (22\u201324th) chaired by the novelist Victor Hugo and where Bastiat gave an important speech \u201cDisarmament, Taxes, and the Influence of Political Economy on the Peace Movement.\u201d Molinari and Coquelin formally represented the Political Economy Society at the Congress, Molinari wrote a detailed report on its proceedings for the JDE, and Joseph Garnier edited the proceedings which were published by Guillaumin. Garnier, Joseph. <em>Congr\u00e8s des amis de la paix universelle<\/em> (1850). Molinari, \u201cLe Congr\u00e8s de la paix, \u00e0 Paris\u201d (JDE, 1849).  <a href=\"\/#fnref:13\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:14\">Mme Hortense Cheuvreux (n\u00e9e Girard) (1808\u201393) was married to the wealthy textile manufacturer Pierre-Casimir Cheuvreux (1797\u20131881) who was a major funder of the economists\u2019s activities. Their luxurious home in Paris was where Mme Cheuvreux\u2019s salons were held. Bastiat with his \u201cRabelaisian\u201d wit, prodigious memory for literature, and musical skills (he played the cello) was a star attraction, along with the scientist Amp\u00e8re, the priest Gratry, and Alexis de Tocqueville. Twenty seven years after his death Hortense Cheuvreux published a volume of Bastiat\u2019s letters to her in which some of these events are described, Bastiat, <em>Lettres d\u2019un habitant des Landes<\/em> (1877).  <a href=\"\/#fnref:14\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:15\"><em>Dictionnaire de l\u2019\u00e9conomie politique<\/em>, Coquelin and Guillaumin, eds. (1852\u201353).  <a href=\"\/#fnref:15\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<li id=\"fn:16\"><em>Nouveau Dictionnaire d\u2019\u00c9conomie Politique<\/em>, eds. L\u00e9on Say and Joseph Chailley (1891\u201392). <a href=\"\/#fnref:16\" title=\"return to article\" class=\"reversefootnote\">&nbsp;&#x21a9;<\/a><\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>[The Moli\u00e8re Fountain on the rue de Richelieu (down the left). The Guillaumin firm was located at no. 14 rue de Richelieu.] Note: See also the following: my blog post on \u201cA Publishing History of the Guillaumin Firm (1837-1910)\u201d (5 Aug. 2022) here my summary webpage on The Paris School a brief description of the &#8230; <a title=\"The Guillaumin Network and the Paris School of Political Economy\" class=\"read-more\" href=\"http:\/\/davidmhart.com\/wordpress\/the-guillaumin-network-and-the-paris-school-of-political-economy\/\" aria-label=\"Read more about The Guillaumin Network and the Paris School of Political Economy\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_import_markdown_pro_load_document_selector":0,"_import_markdown_pro_submit_text_textarea":"","footnotes":""},"categories":[77],"tags":[],"class_list":["post-1577","post","type-post","status-publish","format-standard","hentry","category-tradition"],"acf":[],"_links":{"self":[{"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/posts\/1577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/comments?post=1577"}],"version-history":[{"count":1,"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/posts\/1577\/revisions"}],"predecessor-version":[{"id":204097,"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/posts\/1577\/revisions\/204097"}],"wp:attachment":[{"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1577"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/davidmhart.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}