Louis-Amable Petit and the 19th Century Literature on Crises and Cycles
This paper discusses the theory of crises propounded by Louis-Amable Petit (1868) in the context of the state of similar theories in the second half of the 19th century. An adversary of Say’s law, Petit offered an endogenous explanation of crises based on the fluctuations of the part of income consu...
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| Format: | Article |
| Language: | English |
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Association Œconomia
2012-06-01
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| Series: | Œconomia |
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| Online Access: | http://journals.openedition.org/oeconomia/1583 |