18th century French economist

Reference

Anne Robert Jacques Turgot, Baron de Laune - Wikipedia, the free encyclopedia
"Anne-Robert-Jacques Turgot, Baron de Laune, often referred to as Turgot (May 10, 1727 - March 18, 1781), was a French statesman and economist. Born in Paris, he was the youngest son of Michel-Etienne Turgot, "Provost of the merchants" of Paris, and Madeleine Francoise Martineau de Br├ętignolles, and came of an old Norman family. He was educated for the Church, and at the Sorbonne, to which he was admitted in 1749 ..."

Born

10 May 1727, in Paris, France

Died

18 Mar 1781, in Paris, France

Biography

Life and Works of Anne Robert Jacques Turgot, by David M. Hart
The Library of Economics and Liberty

Articles

Anne Robert Jacques Turgot (1727 - 1781), Religion and Liberty, Feb 1996
"He initiated reforms intended to deregulate agriculture and industry, encourage free trade and open borders, and establish fairer labor practices. He thought that eliminating such restrictions on the economy would usher in an era of such unprecedented prosperity that the regime's fiscal problems would evaporate."
Anne Robert Jacques Turgot, Who First Put Laissez-Faire Principles into Action, by Jim Powell, The Freeman, Aug 1997
"Turgot displayed remarkable vision. For instance, he predicted the American Revolution in 1750, more than two decades before George Washington and Benjamin Franklin saw it coming. In 1778, Turgot warned Americans that slavery is incompatible with a good political constitution. He warned that Americans had more to fear from civil war than foreign enemies."
The Great, Mighty, Brilliant A.R.J. Turgot, by Murray N. Rothbard, The Brilliance of Turgot, 1986
Biography and review of Turgot's major writings; introduction to The Turgot Collection
"... Turgot points out that self-interest is the prime mover of the [market] process, and that individual interest in the free market must always coincide with the general interest. The buyer will select the seller who will give him the lowest price for the most suitable product, and the seller will sell his best merchandise at the highest competitive price."