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19th Century French Political Economy Part 1 - Ambroise Clément

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These articles first appeared in the Dictionnaire d’Économie Politique, ed. Guillaumin and Charles Coquelin (Paris: Guillaumin, 1852) and were translated into English and included in Lalor’s Cyclopedia of Political Science, Political Economy, and of the Political History of the United States by the best American and European Authors, ed. John J. Lalor (Chicago: M.B. Carey, 1899) in 3 vols.

The French political economists of the the 19th century, or “the economists” as they liked to call themselves, are less well known than the classical school which appeared in England at the same time. The French political economists differed from their English counterparts on a number of grounds: the radicalism of their support for free markets, the founding of their beliefs on doctrines of natural rights and natural law, and the intellectual debt they owed to Jean-Baptiste Say (1767-1832). Some of their leading figures were Say, Charles Comte, Charles Dunoyer, Frédéric Bastiat (1801-1850), Charles Coquelin, Joseph Garnier, Hippolyte Passy, and Léon Faucher.

Ambroise Clément (1805-86) was an economist and secretary to the mayor of Saint-Étienne for many years. Clément was able to travel to Paris frequently to participate in political economy circles. In the mid 1840s he began writing on economic matters and so impressed Guillaumin that the latter asked him to assume the task of directing the publication of the important and influential Dictionniare de l’économie politique, in 1850. Clément was a member of the Société d’économie politique from 1848, a regular writer and reviewer for the Journal des économistes, and was made a corresponding member of the Académie des sciences morales et politiques in 1872. He wrote the following works: Recherches sur les causes de l’indigence (1846); Des nouvelles Idées de réforme industrielle et en particulier du projet d’organisation du travail de M. Louis Blanc (1846); La crise économique et sociale en France et en Europe (1886); as well as an early review of Bastiat’s Economic Harmonies for the Journal des économistes (1850), in which he praised Bastiat’s style but criticized his position on population and the theory of value.

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