WHAT SCHUMPETER SAW IN QUESNAY'S MODEL: HOW THE TABLEAU ECONOMIQUE IS NOT A GENERAL EQUILIBRIUM OR INPUT-OUTPUT MODEL

In his History of Economic Analysis, Joseph Schumpeter (1954: 241ft) identified three features of the Tableau Economique that he felt merited special attention. Schumpeterseems to have singled out these aspects of the Tableau because of the fact that they foreshadowed or anticipated contemporary modes of economic analysis and thought. As such, these characteristics of the Tableau are those which have withstood the test of time.