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Cantillon, Richard (1680,-1734)


An Irish international banker who wrote Essai sur la nature du commerce en general, which was not published until 1755 but had circulated from about 1730. This work was one of the first synoptic descriptions and analyses of the economic process. His views on the ii:nportance of agriculture, based on its receipt of pure rent, and his analysis of the-circulation of wealth foreshadowed the physiocrats and the 'Tableau Economicque'.

Reference: The Penguin Dictionary of Economics, 3rd edt.