6533b856fe1ef96bd12b2f7a

RESEARCH PRODUCT

Market for ideas and reception of physiocracy in Spain: some analytical and historical suggestions

Vicent Llombart

subject

PhysiocracyTransaction costHistory and Philosophy of ScienceGEORGE (programming language)EconomyGeneral Arts and HumanitiesPhenomenonEconomics Econometrics and Finance (miscellaneous)Perspective (graphical)EconomicsPublic goodNeoclassical economicsSchool of thought

description

This essay aims to situate the phenomenon of the international spread of the economic ideas of a particular school of thought within the framework of the ‘market for ideas' approach outlined by George Stigler. On the one hand, the paper attempts to amplify the theoretical model of a demand-driven market for ideas, introducing the concepts of public goods, utility, transaction costs and other institutional variables, and on the other this analytical approach is applied to the Spanish market for ideas of the 18th century and its reception of physiocracy, obtaining a new perspective on the spread of ideas of the iconomistes in comparison with the existing literature.

https://doi.org/10.1080/10427719500000094