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In this talk as part of the IIPP Seminar Series, D’Maris Coffman (Bartlett School of Construction and Project Management) discusses research on François Quesnay’s 'Tableau Économique'. François Quesnay’s Tableau Économique, which dates from the late 1750s, is an attempt to model economic interdependencies between the agricultural, manufacturing, and rentier classes in order to inform debates about optimal taxation. This discourse mirrored a similar set of debates raging in the United Kingdom in the eighteenth century about the economic incidence of excise taxation on beer and ale, which had pitted the landowners against merchants and manufacturers. Although participants in these debates in Britain and France corresponded with each other, their competing analyses were informed by very different political regimes and by different fundamental assumptions about the basis, scope and limits of state power. They also reflected fundamentally different approaches to the problem of rent. Some 260 years later, these two traditions suggest two very different approaches to taxation and to the question of the role of the state in the modern economy.