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Isaac GERVAISE

economist

Isaac GERVAISE, French economist.

Background

GERVAISE, Isaac was born in 1700.

Career

Eighteenth-century Huguenot merchant in London known only for his System. This was a general equilibrium treatment of international trade containing an analysis of the various causes of disequilibrium. It is also unusual for its clear statement of the case for free trade at a time when such ideas were almost unheard of.

The quality of Gervaise’s argument and his intimate practical understanding of economic phenomena are both remarkable.