Jacques Claude Marie Vincent de Gournay, Date of Birth, Place of Birth, Date of Death

    

Jacques Claude Marie Vincent de Gournay

French economist and intendant of commerce

Date of Birth: 28-May-1712

Place of Birth: Saint-Malo, Brittany, France

Date of Death: 27-Jun-1759

Profession: economist, philosopher

Nationality: France

Zodiac Sign: Gemini


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About Jacques Claude Marie Vincent de Gournay

  • Jacques Claude Marie Vincent de Gournay (French: [d? gu?n?]; 28 May 1712, Saint-Malo – 27 June 1759, Cádiz), a French economist, became an intendant of commerce.
  • Some historians of economics believe that he coined the phrase laissez faire, laissez passer.
  • Evidence was to be found when the French State parted the West Indies Company privilege - monopoly - on the slave trade.
  • He is also credited with coining the term "bureaucracy".
  • Together with François Quesnay, whose disciple he was, he was a leader of the Physiocratic School. Gournay's father was Claude Vincent, a merchant in Saint-Malo as well as a secretary to the king.
  • Gournay didn't write much, but had a great influence on French economic thought through his conversations with many important theorists.
  • He became instrumental in popularizing the work of Richard Cantillon in France.Gournay was appointed an intendant du commerce in 1751.
  • One of the main themes of his term in office was his opposition to government regulations because of what he saw as the way they stunted commerce.
  • He coined the term bureaucratie (literally "government by desks") to describe the situation.
  • Gournay's disdain for government regulation of commerce influenced his disciple Turgot.Gournay's first name is often mistakenly given as "Jean", due to an error made by Turgot in his letter to Jean-François Marmontel known as In Praise of Gournay.A street in Saint-Malo, the Rue Vincent-de-Gournay, takes its name from him.

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