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Comparison Of The American Revolution And The French Revolution
Beginning of Essay
During the late 1800's, two great revolutions occurred, the American
Revolution and the French Revolution. These two historical events happened
at the same time, but had a great number differences and very little
similarity. When French Revolution occurred, it .... Middle of Essay
.... The Wealth of Nations
embodied the Physiocratic attack on mercantilism and argued that nations
get rich by practicing free trade.2 Of Smith, Turgot, and the Physiocrats,
the great French statesman and author Frederic Bastiat (1801-1850) wrote:
"The basis of their whole economic system may be truly said to lie in the
principle of self-interest. . . . The only function of government according
to this doctrine is to protect life, liberty, and property."10
Embracing the principle of free trade not just as a temporary expedient,
but as a philosophy, Turgot got the king to sign an edict in January 1776
that abolished the monopolies and special privi ....
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Words: 3027 - Pages: 12
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