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2 books match the query 'Orain, Arnaud'

cover of The Lost Forms of Economic Knowledge: On the Balance of Living Beings

The Lost Forms of Economic Knowledge

On the Balance of Living Beings

Arnaud Orain

University of Chicago Press, 2026

Traces the early history of economic knowledge developed by thinkers between the sixteenth and eighteenth centuries.

Starting with the sixteenth century, The Lost Forms of Economic Knowledge investigates the origins and prehistory of economic thought before the emergence of political economy as an autonomous discipline in the late eighteenth century. In this book, the celebrated French historian Arnaud Orain argues that these “lost forms” of economic knowledge represent an important alternative to our modern system of numerical abstraction and market manipulation. 

As Orain shows, older approaches to the economy defined it as a relationship between humans and their specific environment. These earlier mindsets sought to advance vernacular knowledge by turning to a variety of figures—naturalists, artisans, farmers, and merchants—to learn how to take advantage of the environment without depleting it. The goal of these inquiries was not to maximize profit but to determine how to allow humans to satisfy basic needs and live in harmony with nature. Now, at a time in which natural resources are fast depleting, Orain argues that we could do worse than consider the alternative approaches to “economics” that lie in our past, and that might still be available in the future.

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cover of The Politics of Utopia: A New History of John Law's System, 1695–1795

The Politics of Utopia

A New History of John Law's System, 1695–1795

Arnaud Orain

University of Chicago Press, 2024

A fascinating retelling of the first banking and financial collapse in eighteenth-century France.
 
The Scottish economist John Law has been described as the architect of modern central banking. His “System,” established in Regency France between 1716 and 1720, saw the founding of a bank issuing paper money and the establishment of state commercial and colonial enterprises aimed at consolidating public debt. What at first seemed like financial wizardry, however, resulted in rampant speculation and, ultimately, economic collapse. In The Politics of Utopia, historian Arnaud Orain offers a provocative rereading of this well-known episode.
 
Starting his story in the seventeenth century, Orain reconstructs the figures and ideas, long predating Law, that anticipated and laid the groundwork for the System, which, he argues, is best understood as a failed social utopia aimed at the total transformation of society. Overturning familiar narratives of this seismic event, this book rewrites a stunning chapter in economic history by dealing with the cultural, colonial, religious, and political dimensions of the (in)famous System up to the French Revolution, revealing new lessons for today’s fraught financial landscape.
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