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THE LEVEL AND DISTRIBUTION OF INCOME IN MID-EIGHTEENTH-CENTURY FRANCE, ACCORDING TO FRANÇOIS QUESNAY

Published online by Cambridge University Press:  12 February 2015

Branko Milanovic*
Affiliation:
World Bank, Research Department, and School of Public Policy, University of Maryland.

Abstract

The paper uses the data from François Quesnay's writings to derive a social table for pre-revolutionary France and estimate the level and distribution of income. It formalizes Quesnay’s thinking about the process of production and situates it within the modern national accounting framework. Quesnay’s estimates are compared with some contemporary and recent estimates of eighteenth-century French incomes and inequality.

Type
Articles
Copyright
Copyright © The History of Economics Society 2015 

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References

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