Why Did Cantillon Change the Meaning of Entrepreneurship?
In breaking with the policy regime of mercantilism, Richard Cantillon put forth a manuscript in 1730, wherein he produced the first treatise of economic theory. Key to this development was his new theory of entrepreneurship which allowed him to construct economic theories and concepts. Recent resear...
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| Format: | Article |
| Language: | Portuguese |
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Instituto Mises Brasil
2019-11-01
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| Series: | Mises |
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| Online Access: | https://revistamises.org.br/misesjournal/article/view/1241 |
| _version_ | 1818299950226735104 |
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| author | Mark Thornton |
| author_facet | Mark Thornton |
| author_sort | Mark Thornton |
| collection | DOAJ |
| description | In breaking with the policy regime of mercantilism, Richard Cantillon put forth a manuscript in 1730, wherein he produced the first treatise of economic theory. Key to this development was his new theory of entrepreneurship which allowed him to construct economic theories and concepts. Recent research has shown that he did not coin the term, but rather radically changed the meaning of an existing term, to its near opposite. This paper explores why he changed the meaning of the entrepreneur. The speculative answer is both theoretical and based on his life experience. |
| first_indexed | 2024-12-13T04:59:22Z |
| format | Article |
| id | doaj.art-72343e6c1a6f4237982fb97989fb1f74 |
| institution | Directory Open Access Journal |
| issn | 2318-0811 2594-9187 |
| language | Portuguese |
| last_indexed | 2024-12-13T04:59:22Z |
| publishDate | 2019-11-01 |
| publisher | Instituto Mises Brasil |
| record_format | Article |
| series | Mises |
| spelling | doaj.art-72343e6c1a6f4237982fb97989fb1f742022-12-21T23:58:50ZporInstituto Mises BrasilMises2318-08112594-91872019-11-017310.30800/mises.2019.v7.12411241Why Did Cantillon Change the Meaning of Entrepreneurship?Mark Thornton0Mises Institute, Alburn, AL, United StatesIn breaking with the policy regime of mercantilism, Richard Cantillon put forth a manuscript in 1730, wherein he produced the first treatise of economic theory. Key to this development was his new theory of entrepreneurship which allowed him to construct economic theories and concepts. Recent research has shown that he did not coin the term, but rather radically changed the meaning of an existing term, to its near opposite. This paper explores why he changed the meaning of the entrepreneur. The speculative answer is both theoretical and based on his life experience.https://revistamises.org.br/misesjournal/article/view/1241richard cantillonentrepreneurshiphistory of economic thoughthistory |
| spellingShingle | Mark Thornton Why Did Cantillon Change the Meaning of Entrepreneurship? Mises richard cantillon entrepreneurship history of economic thought history |
| title | Why Did Cantillon Change the Meaning of Entrepreneurship? |
| title_full | Why Did Cantillon Change the Meaning of Entrepreneurship? |
| title_fullStr | Why Did Cantillon Change the Meaning of Entrepreneurship? |
| title_full_unstemmed | Why Did Cantillon Change the Meaning of Entrepreneurship? |
| title_short | Why Did Cantillon Change the Meaning of Entrepreneurship? |
| title_sort | why did cantillon change the meaning of entrepreneurship |
| topic | richard cantillon entrepreneurship history of economic thought history |
| url | https://revistamises.org.br/misesjournal/article/view/1241 |
| work_keys_str_mv | AT markthornton whydidcantillonchangethemeaningofentrepreneurship |