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The Work of Nicolas Baudeau: Original and Unappreciated Thought

Nicolas Baudeau is well known as the creator of the journal ‘Éphémérides du citoyen’, was earlier an opponent of Physiocracy, but later came to find his place in the circle of ‘Economistes’. However, we discover in his work original and modern ideas in different fields of economic analysis and policy. His theory of the productivity of sectors is different from François Quesnay’s, since he offers a seminal picture of the role of entrepreneurs in the creation of surplus. He is in favour of public action whilst he maintains a conservative attitude in politics and administration.