Jacques Necker

Article abstract: Necker was the best-known and perhaps most successful financier, financial writer, and reform minister during the reign of King Louis XVI—at a time when all three fields were in their pioneer stage. Controversies about his abilities and policies have not ceased, and he is a major figure in the continuing debates over mercantilism and Physiocracy.

Early Life

Jacques Necker’s early life was short and sweet—short in the telling and sweet to him. His father, Karl Friedrich Necker, born in Kostrzyn, Pomerania, in 1686, was serious and...

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