Reply To: Was Turgot lost or dismissed?


According to Rothbard (in Economic Thought Before Adam Smith), J.B. Say was clearly influenced by Turgot, but was reluctant to admit this due to the political climate in post-Revolutionary France, where anyone who wrote during the time of the monarchy was considered suspect. Rothbard also claims that Adam Smith knew Turgot personally, but apparently he (and the other English classicals) did not fully understand his work.