[embedded content]Another episode of my podcast on The Worldly Philosophers Go to Washington: From Alexander Hamilton to Janet Yellen. The ideas of early classical political economists and their influence in America are analyzed in this episode. The role of Sir William Petty’s ideas in the development of Benjamin Franklin’s early policy proposals is discussed. It is noted how Franklin had a firm grasp of the main economic theories of his time, even before some of these ideas were fully developed in Europe, by the Physiocrats and Adam Smith. In fact, some of Franklin’s original ideas influenced European political economists. The notion that the influence of economics is a recent phenomenon cannot be supported by the evidence.
Matias Vernengo considers the following as important: Adam Smith, Ben Franklin, Petty, Surplus Approach
This could be interesting, too:
Matias Vernengo writes The worldly philosophers go to Washington: Episode 3, Farmer and Merchants
Matias Vernengo writes Economics without Gaps: on Ibn Khaldun and non-Western traditions in the history of ideas
Matias Vernengo writes Das Adam Smith problem
James Kwak writes COVID-19: The Butcher, the Brewer, and the Baker