 Palgrave had suggested creating a society specializing in the publication of translations and reprints of significant economic works.However, Foxwell had a more ambitious scheme in mind - a society that published a quarterly journal along the lines of the "Quarterly Journal of Economics" or the "Journal des Économistes".There is no doubt that Foxwell's plans were influenced by foreign models, such as the German body Verein für Socialpolitik, founded in 1887, the French journals, the "Journal des Économistes" and the "Revue d'Economie Politique" established in 1841 and 1887, and the American Economic Association inaugurated in 1885.