One of the inventors of the notion of an economic market: Who is Pierre Boisguillebert?

(1646-1714) French economist. He is one of the advocates of the protectionist agricultural economic policy. Pierre Le Pesant Boisguillebert was born on 17 February 1646 in Rouen. He came from a noble family. After various assignments, he was appointed by the king as administrator of the Court of Rouen in 1690. Boisguillebert, who was against the king's economic policy, wrote books proposing economic and fiscal reforms. The book Le Factum de la France ("Defence of France"), published in 1706, was banned by decree of the King's Assembly, and Boisguillebert was exiled to Auvergne. He later returned to Rouen, where he died on October 10, 1714.

Pierre le Pesant, sieur de Boisguilbert or Boisguillebert (17 February 1646 – 10 October 1714) was a French lawmaker and a Jansenist, one of the inventors of the notion of an economic market.

In Louis XIV France, the people became impoverished at the end of the wars, and the need for economic and financial reforms came to the fore. One of the reformers was Boisguillebert. At that time, a large part of the income of the kings of France was tax (taille) from the land. Among Bousguillebert's proposals were to amend this tax, impose a 10% tax on the income of all goods, reduce the indirect tax on the sale of wine, and reduce internal and external customs duties. He demanded the abolition of taxes that restrict demand, arguing that the way to obtain wealth was to increase consumption.

Boisguillebert thought that the policy of state protection and intervention in the country's economy, which was maintained under the name of Colbertism in France at that time, hindered economic development. Colbert, in particular, aimed to protect entrepreneurs in the commercial and industrial sectors. Boisguillebert advocated supporting the export of agricultural products and prohibiting the import of agricultural products so that agricultural producers could earn high incomes.

According to Boisguillebert, there was a natural order to be reached for social life as well as in the universe. Economic harmony between various interest groups could be achieved. About half a century later, François Quesnay would set up the Physiocratic School on similar assumptions and speak highly of Boisguillebert.