Tableau économique

The Tableau économique ( 1758) of the Physiocrats François Quesnay in the history of economic thought, the first schematic representation of the economic process.

This circuit model based on the following conditions based on: free trade, free pricing, a capitalist lease system and the exchange of goods and money flow between three classes.

The first class of the productive class are the peasants, the second class of the sterile merchants, traders, craftsmen; the third class of Propriétaires are the nobility and the landowners.

The inflows and outflows are spread over a year and constant. Prices should be constant over the entire year period also. This is therefore a stationary running economic process, which was based in each case on a single -year period.

History

Even some time after the panel was published in sparsely annotated sketches, the exact interpretation remained a mystery. Finally, Karl Marx claimed in his contribution to the Anti- Dühring to have this resolved satisfactorily. A further discussion of the doctrines of Quesnay and the Physiocrats found in Marx's Theories of Surplus Value, Vol I. In it Marx referred to the panel as a brilliant " idea, undoubtedly the most brilliant, its has so far made ​​the political economy of guilty. "

January 2008, however, take two Dutch economists to have this puzzle in turn dissolved in earnest.

Quesnay circulation model is a milestone in the history of economics. Karl Marx draws on the approach in his later theorizing himself when he sees the cycles in a stationary economy. With its " expanded reproduction schemes " he extends the circuit theoretical analysis to the growth theory aspect.

Schumpeter said of the idea of ​​a stationary economic process:

"As a tacit assumption and in a rudimentary form, it is really the thought of all economists of all schools and periods have been present when the most of this fact were not aware of. Some were immediately hostile towards him as soon as it was strictly defined and proven throughout the drought of his abstraction. This was tried by the physiocrats and finally reaches of Léon Walras. The building Marshalls based on the same concept, which is to emphasize important given the fact that they did not appreciate Marshall and they had practically disappeared from his representation. "

Allen Oakley noted, however, that Schumpeter himself with his own theory of economic development, the Marxian reproduction schema and its further development by Rudolf Hilferding and Otto Bauer as well as the 've ignored by Adolph Lowe and Fritz Burchardt, which led to the unilateral nature of the dynamic analysis of Schumpeter.

As a major continuer this circuit viewing of particular Wassily Leontief can be viewed with its input-output analysis.

Swell

Werkausgaben

• François Quesnay Tableau économique et maximes générales du governement économiques. Versailles 1758
• François Quesnay: Tableau économique du analysis, Journal de l'agriculture, commerce, arts et finances. 1766
• François Quesnay Tableau économique. (3rd ed, 1759). Eds, inlaid. and transl. by Marguerite Kuczynski. Berlin: Akademie -Verl. 1965
• Wassily Leontief: Quesnay's " Tableau économique " and the use of emissions analysis. Frankfurt / Main Dusseldorf: Verl Economics & Finance. ISBN 3-87881-021-0