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His fame rests largely on a single, posthumously published work, Essai sur la nature du commerce en général ( 1755).
He was born in the town of Ballyheigue, County Kerry, Ireland, lived a considerable portion of his life in France, and died in London.
He is said to have speculated profitably in Compagnie Perpetuelle des Indes shares, unlike so many others, during the John Law adventures, because of his knowledge of monetarism.