TAGS Austrian Economics Overview

An Essay on Economic Theory

DECEMBER 31, 2014Robert F. Hébert

Cantillon's Essai sur la Nature du Commerce en Général should be rightfully considered one of the most important books ever written. It is the first statement of economic theory and not just a single or limited breakthrough, but a comprehensive treatment that explains the organization of commercial society. Prior to Cantillon, writings about the economy were largely driven by considerations of religion, ideology, and interests groups. After Cantillon, there was a scientific model that could be understood and applied. Most importantly, when it was properly understood and applied, it unleashed the market economy and generated great prosperity (from the Introduction).

This audio book is made available through the generosity of Mr. Tyler Folger. It is narrated by Millian Quinteros.

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