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Richard Cantillon can be seen as Europe’s first economic theorist whose thought deeply influenced generations to come, from François Quesnay, Adam Smith, to Jean-Baptiste Say, Léon Walras. Even the Austrian economic theorist Friedrich August von Hayek translated Cantillon’s classics  into German in 1931. Seasonal bookworms winter spring summer autumn shirt. The term “Cantillon effect” is still used by economists today. analysis of currency crises.