1. A Discussion of Richard Cantillon
The central idea of motivational force in Cantillon's market theory is that inhabitants of the economy are bound together by mutual dependence, such that the institutions of the market place evolve over time in responses to needs and necessity. Along the same lines, Cantillon worked to prove that self-interest was the motivational force providing the evolution in the market place. ... Overall, Cantillon's studies of markets and the relationship between individuals and prices in the market place are good observations of the basic interactions involved that cause an economy to functio...
- Word Count: 2445
- Approx Pages: 10
- Has Bibliography
- Grade Level: Graduate