The Birth of Economics as a Social Science

Degan, Francesca Dal

doi:10.4324/9781781447222

Cited by 2 publications

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“…From a historical standpoint, Maria Pia Casalena (2018) focuses on the way Sismondi portrayed the decadence of societies whenever the governing structure in place proved itself unable to sustain a mixed constitution, privileging instead the caprices of a faction. Lastly, Francesca Dal Degan (2019, pp. 37–46) finds in Sismondi's political reflections an attempt to preserve the remnants of civil life, that is, the traditional daily interactions among people, from a type of political organisation relying solely on the enjoyment of private rights.…”

Section: Sismondi's Principles Of Constitutional Libertymentioning

confidence: 99%

Sismondi's principles of liberty and economic progress

Arthmar

2023

Economic Affairs

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The Swiss‐born liberal thinker Jean‐Charles‐Léonard Simonde de Sismondi (1773–1842) rejected metaphysical systems of thought in favour of historical and social analysis. However, in his mature writings, he offered an organising, although a never explicit, set of principles guiding his political and economic disquisitions. I identify Sismondi's essential principles of social study, namely, the effect of political organisation on the character of the people, the need for a ‘national reason’, along with the weight of tradition over individual representation. Subordinate principles of liberty are examined, such as respect for minorities, freedom of public debate, and engagement in local affairs. I argue that, when the political idea of a slowly matured national reason guiding the constitutional progress of liberty is applied to a rapidly changing economic domain, tension is created within Sismondi's understanding of social sciences.

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Section: Sismondi's Principles Of Constitutional Libertymentioning

confidence: 99%

Sismondi's principles of liberty and economic progress

Arthmar

2023

Economic Affairs

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Sismondi’s Price Theory

Bridel¹

2021

History of Political Economy

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This article examines the evolution of Sismondi’s price theory as well as his concept of market from 1803 to 1838. Sismondi’s early 1803 price theory in terms of supply and demand is first examined and contrasted with that of Smith in the Wealth of Nations. The progressive alterations brought to this initial formulation are discussed with the help of the relevant chapters from Nouveaux Principes ([1819] 1827) and from Études (1836–1838). In price theory terms, throughout the years Sismondi grew more and more skeptical about the process through which these prices would come about. Connecting this analytical issue with his concept of republican justice, he comes to the conclusion that a market economy characterized by unlimited competition will never lead to a socially desirable solution: such an order is neither efficient, nor natural or spontaneous and political economy is not morally neutral. In short, for Sismondi, the market never stood alone while, for him, the Ricardian approach gave nearly exclusive pride of place to market in the pursuit of wealth and happiness.

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The Birth of Economics as a Social Science

Cited by 2 publications

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Sismondi's principles of liberty and economic progress

Sismondi's principles of liberty and economic progress

Sismondi’s Price Theory

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