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- W1497014797 abstract "The purpose of this paper is to re-examine the notion of price determination in A.-R.-J. Turgot’s writings. Consideration is given to the evolution of the concept of market during the 18th century. It is argued that Turgot provided a model of multiple exchanges with merchants, called General market, in order to tackle economic problems, as is the market integration, price stability and the hoarding of capital. Further, we demonstrate how a uniform price, which is kept constantly, required that Turgot made use of theoretical tools from other disciplines." @default.
- W1497014797 created "2016-06-24" @default.
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- W1497014797 date "2007-05-01" @default.
- W1497014797 modified "2023-09-27" @default.
- W1497014797 title "A.-R.-J. Turgot on a General Market: Competition, Price and History" @default.
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