Abstract
Written by Daniel Defoe, Robinson Crusoe was first published in 1719–20. By the end of the 19th century there were many references made to a Crusoe economy to illustrate the principles of supply and demand economic theory. Crusoe thus became a representative rational economic individual, allocating his available resources to obtain maximum satisfaction in the present or future.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
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Bibliography
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White, M.V. (2008). Robinson Crusoe. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1839-2
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DOI: https://doi.org/10.1057/978-1-349-95121-5_1839-2
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Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
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Chapter history
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Latest
Robinson Crusoe- Published:
- 07 March 2017
DOI: https://doi.org/10.1057/978-1-349-95121-5_1839-2
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Original
Robinson Crusoe- Published:
- 04 November 2016
DOI: https://doi.org/10.1057/978-1-349-95121-5_1839-1