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Following a century of neglect, William Stanley Jevons, in the first blush of discovery, proclaimed Cantillon's Essai, "the cradle of political economy." Subsequent growth and development of economic thought has not really alerted us to the subtleties of this succinct appraisal. A cradle holds new life; and there can be little doubt that the Essai added new life to the organizing principles of economics. But "political economy" does not accurately describe the subject Cantillon addressed. Indeed, he scrupulously avoided political issues in order to concentrate on the mechanics of eighteenth-century economic life.