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HET: Classical Ricardian School

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In the year 1776, David Hume died while Jacques Turgot and Marquis de Condorcet left their government posts. But, in that same year, the intellectual revolution they had contributed to, the Enlightenment, began to bear its principal fruit. It was a year of grand treatises. Adam Smith published his Wealth of Nations, the Abbé de Condillac his Commerce et le Gouvernement, Jeremy Bentham his Fragments on Government and Tom Paine his Common Sense. But the big event of 1776 was America. The Mercantilist economic policies of the British state had led to a rebellion and now the colonists established a home-grown liberal republican government more-or-less dedicated to laissez-faire and free trade. Bigger events were yet to happen. By 1789, the French State was bankrupt. For the first time in nearly two centuries, the French parliament was called into session, but the bourgeois delegates formed their own National Assembly, put forth their "Declaration of the Rights of Man" and made themsel

HET: Classical Ricardian School Home Alphabetical Index Schools of Thought Essays & Surveys Contact --> Home > Schools of Thought --> School Troops Resources The Classical School ("Ricardians") In the year 1776, David Hume died while Jacques Turgot and Marquis de Condorcet left their government posts. But, in that same year, the intellectual revolution they had contributed to, the Enlightenment , began to bear its principal fruit. It was a year of grand treatises. Adam Smith published his Wealth of Nations , the Abb� de Condillac his Commerce et le Gouvernement , Jeremy Bentham his Fragments o

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