Economics

Condillac's 'Le Commerce et le Gouvernement' published in 1776, the same year as ]

In his picture of "vrai prix" [true price], Condillac filed a concepts of human history shared into two phases: progress and decline. fall out is marked by a rational development and usage of resources; decline is precipitated by bad behavior from the upper class that then trickles down to the workers, encouraging excess, luxury, and false prices that damage the masses. Condillac saw the remedy to this as "vrai prix," a true price created by the unimpeded interaction of afford and demand, to be achieved by ready deregulation. People would be taught to cause toward their best interest in an open market through a reshaping of their perceptions. By advocating of a free market economy in contrast to the prevailing contemporary policy of state controls in France, Condillac influenced classical liberal economics.