The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

France, Economics in (After 1870)

  • Alain Béraud
  • Philippe Steiner
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1997

Abstract

After 1870, classical liberals gradually lost their influence. Political economy began to be taught in university faculties of law, and also in some of the engineering schools. This laid the foundations for a long-standing divide between two groups of economists. Professors of political economy in the law faculties often inclined to an institutionalist approach, and opposed the mathematical approach to political economy that economic engineers and some mathematicians adopted. This antagonism abated after the Second World War as French economists strengthened their relations with foreign colleagues.

Keywords

Aftalion, A Allais, M Aupetit, A Austrian School Bachelier, L Balasko, Y Barrère, A Baudin, L Benassy, J. -P Bertrand, J Birth rate Boiteux, M Borel, E Boyer, R Braudel, F Brownian motion Budgetary equilibrium Cartan, H Chamberlin, E Classical liberalism Colson, C Condillac, E Consumer price index Contract theory Convention School Correlation analysis Cournot, A Courtin, R Creative destruction Currency School D’Aspremont, C Debreu, G Decisions under uncertainty Demand for money Differentiability Disequilibrium theory Divisia, F Dos Santos, R Drèze, J Econometrics Economic growth Efficient markets Excess labour supply Existence of equilibrium Expectations Family planning General equilibrium Gérard-Varet, L. -A German Historical School Gide, C Golden rule Grandmont, J.-M Gruson, C Guesnerie, R Hicks, J Identification Indicative planning Inflation Innovation Institut de Sciences Économiques Appliquées Institutionalism Intertemporal choice IS–LM model Jevons, W Juglar, C Keynes. J. M Labrousse, E Lacaillon, J Laffont, J. -J Landry, A Lenoir, M Leroy- Beaulieu, P Lescure, J Lindahl, E Local equilibrium Malinvaud, E March, L Marchal, A Marchal, J Marjolin, R Marxism Massé, P Mathematical economics Method of moments Minimax theorem Modigliani, F Molinari, G. de Monetary theory of crises Money supply Mortality Nogaro, B Oligopolistic competition Orléan, A Overlapping generations model Partial equilibrium Pearson, K Perroux, F Probability Purchasing power parity Quantity theory of money Regulation Regulation School Risk Rist, C Roy, R Rueff, J Saillard, Y Say, J. -B Say’s Law Shadow prices Simiand, F System of curves Tâtonnement Tirole, J Transaction costs Transfer problem Unemployment Villey, D Von Neumann, J Wage determination Walras, L Younès, Y 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Alain Béraud
    • 1
  • Philippe Steiner
    • 1
  1. 1.