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Titre Turgot et le fondement subjectif de la valeur
Auteur Guido Erreygers
Mir@bel Revue Cahiers d'économie politique
Numéro no 16-17, printemps-automne 1989 Le libéralisme économique. Interprétations et analyses
Rubrique / Thématique
2ème partie
Page 231-251
Résumé anglais In his short and unfinished article « Valeurs et Monnaies » (1769 ?) Turgot outlined a theory of value based on subjective foundations. First of all I critically examine Turgot's propositions. In this way I demonstrate that one of his fundamental ideas, viz. that the gain of exchange has to be the same of the buyer and for the seller, cannot be hold. More in general, the road taken by Turgot hardly appears to be promising. In the second place I try to find out to what extent Turgot's propositions can be regarded as an anticipation of the neoclassical theory of value. I show that it is possible to reformulate Turgot's theory in neoclassical terms. What separates Turgot from the neoclassical tradition, however, is the absence of the principle of utility maximization.
Source : Éditeur (via Persée)
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