Benjamin Franklin: A Liberal Practitioner of Political Economy
Date of This Version
Few eighteenth century practitioners of political economy have been as misunderstood or stereotyped as Benjamin Franklin. His economic essays which spanned a sixty-one year period (1729-1790), still create disagreement among scholars even on the doctrinal origins of Franklin's economic ideas. If Franklin was not a mercantilist, neither was he exclusively a physiocrat nor an early classical economist, especially if both of these schools or early "research programs" in economics are viewed as mutually exclusive. As this paper will show, there was a unity and consistency in Franklin's political economy, and it reflected the content and liberal character of physiocratic and early classical thought.
Working Paper Number
Petrella, Frank, "Benjamin Franklin: A Liberal Practitioner of Political Economy" (1994). Economics Department Working Papers. Paper 141.