ABSTRACT
This chapter is devoted to the French liberal economists who wrote after Jean-Baptiste Say. It highlights the crucial role that these authors (Joseph Garnier, Michel Chevalier, Charles Dunoyer, Frédéric Bastiat, Pellegrino Rossi, Gustave de Molinari, among others) had on the institutionalisation of political economy in France, through the establishment of journals or academic societies. After presenting the main figures of the group and the new institutions, the chapter shows the diversity and richness of the ideas expressed there. It outlines the most central principles shared by the liberal economists – regarding property rights and economic freedom – as well as the most intense controversies which took place within the group itself on such issues as the method in economics, the theory of value, the analysis of money and the monetary standard, and the desirable degree of State intervention in the economy.
