Jules dupuit economics books

Repec working paper series dedicated to the job market. Economics economists and the economy in the twentieth century. Some reasons why a particular publication might be regarded as important. Gilbert faccarello brings to the forefront those economists, themes and controversies which are important in the context of recent research, and about which new ideas can be developed. Early french contributions to marshallian demand theory jstor. Whenever people decide whether the advantages of a particular action are likely to outweigh its drawbacks, they engage in a form of benefitcost analysis bca. Pretend you are at the helm of an economics department. The foundations of justice in jules dupuits thought philippe poinsot 12. Walton hamilton, institutional economics, and education ethics, engineering, and natural monopoly. Cournot and jules dupuit, and in 1999, the book of robert ekelund and. Ekelund would maintain this interest in dupuit, making him the topic of a dozen journal articles and a 1999 book, secret origins of modern microeconomics. The modern debate between leon walras and jules dupuit keynes and wartime finance.

Jevons put much less thought into the production side of economics. Laid the foundation for the development of the concepts of consumers and producers surplus. This is a marvelous book on the origins of modern economic thinking and the role of economic thinking in engineering. In 1861, he collected all his ideas in his only economics book. Alfred marshall fba 26 july 1842 july 1924 was one of the most influential economists of his time. Within this tradition, research on dupuit mostly was focused on his publications on surplus theory, road tolls and discriminating monopoly. Jules dupuit the history of economic thought website. Next the authors give an exposition of mainly dupuits treatment of competition, monopoly, duopoly and costsbased pricing. Gustave fauveaus contribution to fiscal theory claire silvant. Influence a publication which has significantly influenced the world or has had a massive impact on the teaching of economics. Cost benefits analysis for projects a stepbystep guide. Dupuits reputation as an economist does not rest on his advocacy of laissezfaire economics he wrote commercial freedom in 1861 but on frequent contributions to periodicals.

A critical evaluation of jules dupuits contributions to economic. It brings the ideas of supply and demand, marginal utility, and costs of production into a coherent whole. The economist dupuit on theory, institutions, and policy. We are losing the sense of what matters, of the habits of mind that can identify problems and learn from mistakes. Economist biogaraphies economics libguides at new york. In context focus markets and firms key thinker alfred marshall 18421924 before 1844 jules dupuit, a french engineer, originates the idea of consumer surplusa measurement of welfare that can be selection from the economics book book. The dupuit assumption holds that groundwater moves horizontally in an unconfined aquifer, and that the groundwater discharge is proportional to the saturated aquifer thickness. Utility economic surplus utility scribd read books. Histories of economic thought laud his contributions. Jevonss role in the marginal revolution is no exception.

He revolutionized economics with his classic book, the general theory of. He is known as one of the founders of neoclassical economics. This is a list of important publications in economics, organized by field. Please see the individual faculty pages for more information on books, articles, policy reports and other publications by author. Marshallian cross diagrams and their uses before alfred. International encyclopedia of the social sciences dictionary. Studies in the history of public economics 1st edition. Jules dupuit 18041866 and hermann heinrich gossen 18101858 chronological order of contents bibliographical note index what is becoming a scarce resource is any sense of the significance of this welter of information. Wanting to evaluate the net economic benefit of public services, dupuit analysed. The economics resource guide contains preset searches for books, ebooks, and articles on economics topics as well as recommended databases, journals, and web resources. Jules dupuit was a government employee and was naturally interested in the role of government in owning and operating railways, which in his time had a clear transport time advantage for perishable goods over animal powered modes in canals and rivers, and on roads. Jules dupuit and the early theory of marginal cost pricing, journal of political economy.

Consumer surplus, also called social surplus and consumers surplus, in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it. Perishability, but not the cost of inventory, was an issue at the time. A very fine piece of work that provides material i have never seen before, is well written, and has undoubtable merits. Arrow and tibor scitovsky 1969 haveman, robert 1976. This is a pity, because this historiographical strait jacket hinders us from seeing the real value of this work. Register now to hear about the latest books and products in your. Jules dupuit and the early theory of marginal cost pricing, journal of political economy 76, no.

A comparison between dupuit and walras suggests that dupuit, not walras, represents the engineering approach to economics, and that walras represents the ethical, not the engineering, approach to. Framed by insightful editorial notes, fifteen newly collected essaysincluding five previously unpublished pieces and two others never before available in englishprovide a. The challenge of the history of public economics gilbert faccarello and richard sturn 2. Augustin cournot 18011877 and jules dupuit 18041866. The dupuitmarshall theory of competitive equilibrium by robert b. His book, principles of economics 1890, was the dominant economic textbook in england for many years. Guy numa is an assistant professor in the economics department at colorado state university.

Perhaps most famous is jules dupuits 1844 article in the annales des ponts et chaussees on the utility of public works, following up on an earlier 1830 work by henri. Pioneers in economics series economics and finance book. But also we have essays on francis bacon, bernard mandeville, david hume, adam smith, richard cantillon, frederic bastiat, jules dupuit, heinrich gossen, and several extended and detailed essays on all the major thinkers of the 19th century english debate between the currency and banking school. Project muse secret origins of modern microeconomics. Dupuit, arsene jules etienne juvenal armstrong economics. Engineer and economist of the french xixth century. In 1980, he informs us, i asked murray rothbard to write an alternative to robert heilbroner s the wordly philosophers p. Home academics college of liberal arts economics department research and publications. The lives and ideas of the great thinkers mark skousen m. Economics 2016 extract jules dupuit 18041866 jules dupuit was born on 18 may 1804 in fossano, in piedmont, where his father was inspecteur des finances. Studies in the history of french political economy considers the evolution of economic thought in france, from the sixteenth to the twentieth century. Article pdf available in journal of the history of economic thought 3802 april 2012 with 92 reads how we measure reads. Marginal utility and demand jules dupuit using the example of water consumed in a city he argued that if it was difficult to obtain the water and they had to pay 50 francs and they purchased it that it had to provide the household with at least that much utility dupuit and marginal utility.

As first developed by jules dupuit, french civil engineer and economist, in 1844 and. The dupuitmarshall theory of competitive equilibrium. Prior to csu, numa was an assistant professor at the university of massachusetts boston, a research fellow at the institute for new economic thinking, and an arthur sachs research scholar at harvard university. Consumer surplus, in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it. Robert ekelund and robert hebert convincingly argue that the intellectual tradition of microeconomic inquiry can be traced back to the works of the members of the corps des ingenieurs des ponts et chausses french corps of state civil engineers, most notably jules dupuit 180466. Pdf arsene jules etienne dupuit 18041866 made contributions in several areas of. Starr center for applied economics, new york university by bringing to the forefront the achievements of french engineer jules dupuit, this work changes our view of the history of microeconomics.

Marginal utility project gutenberg selfpublishing ebooks. At the age of 18, he was admitted to the ecole polytechnique in paris. In context focus markets and firms key thinker joan robinson 190383 before 1849 jules dupuit considers how different prices can be charged for the same goods. In turn, second class wasnt made too comfortable to increase the allure of first. Please see the individual faculty pages for more information on books, articles, policy reports and other publications by author department of economics annual faculty publications. But the concept of cba as we know it dates to jules dupuit, a french engineer, who outlined the process in an article in 1848. Arsene jules emile juvenal dupuit, often shortened simply to jules dupuit, was perhaps the most illustrious of the french engineereconomists. As first developed by jules dupuit, french civil engineer and economist, in 1844 and popularized by british economist alfred marshall, the. Jul 29, 2016 jules dupuit 18041866 jules dupuit was born on 18 may 1804 in fossano, in piedmont, where his father was inspecteur des finances. Hebert alubur7 7n univeersity final version received 17 september 1997.

In their extensive analysis and exposition of the economics of jules dupuit, robert ekelund and robert hebert argue that hotelling made a mistake in associating dupuit s name with a socialistic scheme, but that the mistake was perhaps understandable taking some of dupuit s statements in isolation ekelund and hebert 1999, p. Numerous and frequentlyupdated resource results are available from this search. The diagram itself, however, long predates marshall. Keynesian school of thought initiated by john maynard keynes. Gerard klotz and yves breton additional contact information gerard klotz. Arsene jules etienne juvenel dupuit 18 may 1804 5 september 1866 was an italianborn french civil engineer and economist he was born in fossano, italy then under the rule of napoleon bonaparte. Publishing old works on economics or mechanics is of little interest to major publishers in economics or management. The companies, having proved almost cruel to thirdclass passengers and mean to secondclass ones, become lavish in dealing with firstclass passengers, wrote jules dupuit, a pioneering economist in nineteenthcentury france. Arsene jules etienne juvenal dupuit 18011866 arsene jules etienne juvenal dupuit was a french civil engineer. Although they have recently written books on such topics as the medieval church as a business firm and mercantilism as rent seeking, ekelunds dissertation was on dupuit, who applied mathematics to demand, utility, the welfare economics of public works, public goods, monopoly, and price discrimination. His doctoral dissertation was on jules dupuit, a french civil engineer and economist. Dupuit is commonly known by economists as a member of the french. Promotes the work of jules dupuit and hermann heinrich gossen with regard to utility.

Research and publications university of massachusetts boston. Pioneers in economics series economics and finance. It was first designed by jules dupuit in 1863 to simplify the groundwater flow equation for analytical solutions. In their extensive analysis and exposition of the economics of jules dupuit, robert ekelund and robert hebert argue that hotelling made a mistake in associating dupuits name with a socialistic scheme, but that the mistake was perhaps understandable taking some of dupuits statements in isolation ekelund and hebert 1999, p. Visions from the midsixteenth century the economist, the. The trend of economic thinking captures hayeks views on political economists and economic historyon mandeville, hume, cantillon, adam smith, and henry thornton. Hayek traces his intellectual roots to the austrian school. Jules dupuit and antoine cournot in france, and samuel longfield in britain. In the public arena, formal bca is a sometimes controversial technique for thoroughly and consistently evaluating the pros and cons associated with prospective policy changes. Dupuit, julesworks by dupuitsupplementary bibliographyarsene jules etienne juvenal dupuit 18041866, usually subscribed j. Of course, as is true with most new developments in economic theory, one can always find earlier writers who said some of the same things. Essays on austrian economics and the ideal of freedom also links the austrian school to the.

The tradition that views dupuit only as a brilliant engineereconomist who trained at the ecole nationale des ponts et chaussees remained strong in the fifty years that followed world war ii. Jeanbaptiste say and the french liberal school vi jules dupuit and the french engineers vii continental protomarginalists. W henever people decide whether the advantages of a particular action are likely to outweigh its drawbacks, they engage in a form of benefitcost analysis bca. Jules dupuit and the early theory of marginal cost pricing. His 1999 collaboration with hebert, secret origins of modern microeconomics, has been praised for publicizing the theoretical and applied achievements of jules dupuit and others whose work in economics was often previously overlooked as mere engineering literature. This is a rich book that discloses materials that before were inaccessible to historians of economics. List of important publications in economics wikipedia. Economists sometimes speak of a law of diminishing marginal utility, meaning that the first unit of consumption of a good or service yields more utility than the second and subsequent units, with a continuing reduction for greater amounts. Yet historians of economic thought are sure that jevons had never read them. Engineering questions led jules dupuit to his seminal contributions to economics.

A clarification history of political economy, volume 35, number 4, winter 2003 on free shipping on qualified orders. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. Benefitcost analysis econlib library of economics and. In this collection of essays, some of which appear here in english for the first time, f. Studies in the history of french political economy. Jules dupuit 18041866 jules dupuit was born on 18 may 1804 in fossano, in piedmont, where his father was inspecteur des finances. Register now to hear about the latest books and products. Much of what he said had been said earlier by hermann gossen in germany, jules dupuit and antoine cournot in france, and samuel longfield in britain. The dupuitmarshall theory of competitive equilibrium jstor. Who in france has heard of dupuit, first name jules. Next comes an examination of dupuits analysis of price discrimination. Essays on political economists and economic history is a collection of essays from renown economic scientist f. Working with the classical expressions of demand, supply and market adjustments, the french engineer jules dupuit developed a model of competitive market adjustments in different time. Arsene jules etienne juvenel dupuit 18 may 1804 5 september 1866 was an italianborn.

They prefer to publish major syntheses of the history of economic thought, in which jules dupuit is drowned out among the usual presentation of schools and controversies. In this original contribution to the history of economic thought, robert ekelund and robert hebert convincingly argue that the intellectual tradition of microeconomic inquiry was initiated by members of the corps des ingenieurs des ponts et chaussees french corps of state civil engineers, most notably jules dupuit 180466. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. According to the economist, cba has been around for a long time. They occupied high ranking positions in the decision making process, especially in the public sector, and had to decide on issues with both strong technical and economic. Jules dupuit, the economist, has not received any thing like fullscale treatment in book or article form.