Creating Wealth: The Cantillon or the Smith Way
Although mainstream economists hold that Adam Smith is the father of modern economics, it was Richard Cantillon that recognized the centrality of entrepreneurship in economic development.
Cantillon
Displaying 1 - 8 of 8
Creating Wealth: The Cantillon or the Smith Way
Although mainstream economists hold that Adam Smith is the father of modern economics, it was Richard Cantillon that recognized the centrality of entrepreneurship in economic development.
Four Charts That Show Cantillon Effects
Richard Cantillon, whom Austrians consider to be the real father of modern economics, noted that new money creation has uneven effects. Jonathan Newman demonstrates how those effects take place.
If We Ride the Cantillon Wave, We Should Remember That We’ll Crash with It Too
The Federal Reserve has created a tsunami of new money, but a tsunami ultimately must crash, and so will the Fed's inflation scheme.
Turning the Word Upside Down: How Cantillon Redefined the Entrepreneur
The word entrepreneur originally meant someone who is active, risky, and even violent. Richard Cantillon changed both the meaning of the word, and our ideas of what entrepreneurs are.
When Money Dies, 100 Years Later
Yes, it can happen here. Only a fool thinks otherwise.
A Note on Some Recent Misinterpretations of the Cantillon Effect
Sieroń comments on Book and Sumner regarding the Cantillon effect, arguing that the Austrian analysis of the Cantillon effect is correct.
Money, Inflation, and Business Cycles: The Cantillon Effect and the Economy
Professor Arkadiusz Sieroń has written an important new book on the Cantillon effect, indicating that the effect of new money on the economy depends on where it is injected.
