French Liberal School
From Wikipedia, the free encyclopedia
The French Liberal School (also called the "Optimist School" or "Orthodox School") is a 19th century school of economic thought that was centered around the Collège de France and the Institut de France. The Journal des Économistes was instrumental in promulgating the ideas of the School. Key thinkers include Frédéric Bastiat, Jean-Baptiste Say, Destutt de Tracy, and Gustave de Molinari.
The School veraciously defended free trade and laissez-faire capitalism. They were primary opponents of collectivist, interventionist and protectionist ideas. This made the French School a forerunner of the modern Austrian School.[1]
References
See also
- Physiocratism
- Austrian School
- Parable of the broken window
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