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French Enlightenment poet and Physiocrat.
Educated in the provinces, Guérineau de Saint-Péravy (or Saint-Péravi) moved to Paris, seeking out a patron for a literary career, publishing a few romantic-melancholic poems which earned critical praise. He came under the influence of Quesnay's followers and became an ardent Physiocrat and contributed to their journals. Saint-Péravy may have been 'Mr. K' in the Dupont de Nemours-edited Journal de l'agriculture, du commerce et des finances.
Saint-Péravy is chiefly remembered for his 1768 Mémoire on indirect taxation, which he decried in favor of the Physiocratic 'single tax' on land. It was submitted to a 1767 competition set up by the Société Royale d'Agriculture of Limoges (then headed by Jacques Turgot). It competed with an essay by Graslin in defense of indirect taxes, insisting that the produit net came from both agriculture and industry. Graslin lost out to Saint-Péravy, but both essays were carefully reviewed by Turgot.
In 1783, Saint-Peravy moved to Belgium, where he launched a literary journal, the Poëte voyageur. In 1786, Saint-Peravy anonymously published his Principes de Commerce (1786-7), which, according to Viner (1937), contained one of the earliest articulations of the 'forced savings' doctrine. According to Saint-Peravy, an influx of money will temporarily raise prices but not wages, with the resulting excess profits leading to increased investment. (v.1 p.80-83).
He died in Belgium in 1789, apparently impoverished.
Major Works of Guérineau de Saint-Péravy
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HET
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Resources on Saint-Peravy
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