Heinrich von Storch's innovative contributions to economics

Abstract

ABSTRACTHeinrich von Storch was a classical economist of the late eighteenth and early nineteenth century; he was of German descent and of Russian nationality; his main work was written in French. This paper tries to present the essence of Storch's innovative ideas and contrasts them with contemporary British and French economic thinking on value, land rent, foreign trade, money and currency, “inner goods,” and development. It is argued that Storch was an economist of moderate impact on literature but of high professional relevance.