Skip to Main content Skip to Navigation
Preprints, Working Papers, ...

French Political Economy and Positivism: (or how history of economic thought became mainstream economics)

Abstract : This paper deals with French political economy under the Second Empire. It suggests that having been seriously weakened by internal dissents over the suitability of the historical method in economics, French political economy managed to reinvent itself during the last decade of Napoléon III's reign. Threatened by the emperor's personal suspicion towards free trade and the intellectual domination of positivism, economists experienced in the 1850s one of the most difficult periods in their history. Yet, a decade later the tables seem to have turned. The institutional changes, brought forward by Victor Duruy, and the intellectual ascendance gained by economists such as Baudrillart, Wolowski or Dunoyer contributed to modernize and legitimize the outmoded and unimaginative political economy inherited from Say. They notably found in the history of economic thought a way to comply with the positive standards of the time but also to give back to political economy the respectability it had lost.
Complete list of metadata

Cited literature [20 references]  Display  Hide  Download

https://halshs.archives-ouvertes.fr/halshs-01109614
Contributor : Christophe Salvat Connect in order to contact the contributor
Submitted on : Monday, January 26, 2015 - 4:08:49 PM
Last modification on : Tuesday, March 23, 2021 - 1:52:03 PM
Long-term archiving on: : Monday, April 27, 2015 - 10:42:33 AM

File

Hope-Political Econom-Positivi...
Files produced by the author(s)

Identifiers

  • HAL Id : halshs-01109614, version 1

Citation

Christophe Salvat. French Political Economy and Positivism: (or how history of economic thought became mainstream economics). 2015. ⟨halshs-01109614⟩

Share

Metrics

Record views

355

Files downloads

1142