Pufendorf, Samuel von (1632–1694)
Pufendorf studied in Leipzig and Jena. His first work, Elementorum Jurisprudentiae Universalis (1660), earned him a professorship at Heidelberg. In 1668 he moved to Lund. His works De Naturae et Gentium (1672) and De Officio Hominis et Civis (1673) were translated, spread all over Europe, and entered the curricula at most Protestant universities. Pufendorf’s natural law writings include ethics, jurisprudence, government and political economy. A society in which individuals exchange to satisfy their needs brings with it growth, commerce, markets, prices and money. This theory laid the foundation for the progress of economics as a science.
KeywordsCommercial society Demand and supply Externalities Grotius, H. Hobbes, T. Hutcheson, F International law Locke, J Money Natural law Price Property Pufendorf, S. von Self-interest Smith, A Snob effect Taxation Veblen effect Voting
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