A Biography of A.R.J. Turgot – Part 1 – LAISSEZ-FAIRE AND FREE TRADE

Turgot’s mentor in economics and in administration was his great friend Jacques Claude Marie Vincent, Marquis de Gournay (1712-1759). It is fitting, then, that Turgot developed his laissez-faire views most fully in one of this early works, the “Elegy to Gournay” (1759), a tribute offered when the Marquis died young after a long illness. Turgot […]