The current debate about the best methods of European organization - central or regional - is influenced by an awareness of regional identity, which offers an alternative to the rigidities of organization by nation-state. Yet where does the sense of regionalism come from? What are the distinctive factors that transform a geographical area into a particular 'region'? Tom Scott addresses these questions in this study of one apparently 'natural' region - the Upper Rhine - between 1450 and 1600. This region has been divided between three countries and so historically marginalized, yet Dr Scott is able to trace the existence of a sense of historical regional identity cutting across national frontiers, founded on common economic interests. But that identity was always contingent and precarious, neither 'natural' nor immutable.

This book illuminates British imperial policy after World War II in the context of economic policy and offers a novel argument about the end of the British empire. Economic discrimination in the empire in the late 1940s and early 1950s sustained Britain's recovery, when political control in the colonies was feasible. Subsequently, economic liberalization and the move towards financial cosmopolitanism, combined with rising constraints for economic and political management in the colonies, loosened and ultimately severed Britain's imperial link.

This book explains in fascinating detail how economic and social transformations in pre-1600 Japan led to an industrious revolution in the early modern period and how the fruits of the Industrious Revolution are what have supported Japan since the eighteenth century, improving living standards and leading to the formation of the work ethic of modern Japan. The arrival of the Sengoku Period in the sixteenth century saw the emergence and domination of government by the warrior class. It was Tokugawa Ieyasu who unified the realm. Yet this unity did not give rise to an autocratic state, as the shogun was recognized merely as a main pillar of the warrior class. Economically, however, from the fourteenth century, currency payments for shoen nengu (taxes paid to the proprietor) became standard, and currency circulation began, primarily in the central region. Under Tokugawa rule, organized domestic coinage of currency began, opening the way to establishing a national economic society. Also, agricultural land was surveyed through cadastral surveys known as kenchi. Land values were converted in terms of rice, so the expected rice yields for each village were assessed, and the lords used this as a benchmark for imposing taxes. In the sixteenth and seventeenth centuries, Japan experienced a "great transition," and conditions for peasants, agriculture, and farming villages underwent great changes. Inefficient traditional agriculture using peasants in a state of servitude was transformed into highly efficient small-sized farming operations which relied on family labor. As production yields increased due to labor-intensive agriculture, the profits obtained by the peasants improved their living standards. The stem-family system became the norm through which work ethics and even literacy were transmitted. This very change was the result of the "industrious revolution" in Japan. The book thus presents the framework of the facts of pre-industrial Japanese history and depicts pre-modern Japan from a macroscopic point of view, showing how the industrious revolution came about. It is certain to be of great interest to economists and historians alike.

This book explains how and why the state-socialist regime in Hungary used technology and propaganda to foster industrialization and the conservation of natural resources simultaneously. Further, this book explains why this process was ultimately a failure. By exploring the environmental pre-history of communist Hungary before analyzing the economic development of the Kadar regime, Pal investigates how economic and environmental policies and technology transfer were negotiated between the official communist ideology and the global economic reality of capitalist markets. Pal argues that the modernization project of the Kadar regime (1956-1990) facilitated ecological consciousness - at both an individual and societal level - which provoked great social unrest when positive environmental impact was not achieved. Today, global issues of climate change, urban pollution, resource depletion, and overpopulation transcend political systems, but economic and environmental discourses varied greatly in the twentieth century. This volume is important reading for all those interested in economic and environmental history, as well as political science.

The book describes the birth and growth of financial institutions and stock exchanges in Scandinavia and Finland from 1656 to 2010, including their banking crises and the history of banking regulation. It argues that quantitative regulations cannot, in the long run, produce the desired results and bear the seeds of future financial crises.

Is inclusiveness in the commons and sustainability a paradox? Late medieval and Early Modern rural societies encountered challenges because of growing population pressure, urbanisation and commercialisation. While some regions went along this path and commercialised and intensified production, others sailed a different course, maintaining communal property and managing resources via common pool resource institutions. To prevent overexploitation and free riding, it was generally believed that strong formalised institutions, strict access regimes and restricted use rights were essential. By looking at the late medieval Campine area, a sandy, infertile and fragile region, dominated by communal property and located at the core of the densely populated and commercialised Low Countries, it has become clear that sustainability, economic success and inclusiveness can be compatible. Because of a balanced distribution of power between smallholders and elites, strong property claims, a predominance of long-term agricultural strategies and the vitality of informal institutions and conflict resolution mechanisms, the Campine peasant communities were able to avert ecological distress while maintaining a positive economic climate.

In this monograph on the Russian cooperative movement before 1914, economic and social change is considered alongside Russian political culture. Looking at such historical actors as Sergei Witte, Piotr Stolypin, and Alexander Chaianov, and by tapping into several newly opened Russian local and state archives on peasant practice in the movement, Kotsonis suggests how cooperatives reflected a pan-European dilemma over whether and to what extent populations could participate in their own transformation.

Drawing on neo-Gramscian theories of International Political Economy, this book explores the impact of the Marshall Plan on labour and government in Britain. Rather than the US imposing a 'politics of productivity' on an unwilling government, the centre-right of the Labour Party used the Marshall Plan to achieve its own political ends. Manipulating Hegemony shows how the government was able to marginalise the left to create a pattern of state-labour politics that was to endure until the end of the 1970s.

The conquest of the Americas inaugurated the slow accumulation of resources and the imperceptible structural transformations that culminated in the Industrial Revolution. From that moment on, capitalism grew and expanded with a dynamism and adaptability that are now all too familiar, profiting from wars and even managing to rebound after a series of devastating economic crises.

In this highly-anticipated revised edition of the 1981 classic, Beaud extends one of the major strengths of the original: the interweaving of social, political, and economic factors in the context of history. At the same time, Beaud's analysis provides a realistic and thorough examination of the developments of capitalism in the last twenty years, including globalization, the accelerating speed of capital transfer, and the collapse of the Soviet empire and the subsequent absorption of its population into the world market. This new edition also offers a completely revised format that integrates diagrams and flow-charts not previously available in the English-language edition.

F.A. Hayek (1899-1992), the co-leader of the Austrian free market school, embraced the transparently fraudulent assertion made by Donald McCormick, aka Richard Deacon, in The British Connection which accused A.C. Pigou, the co-leader of the Cambridge market failure school, of being a Soviet spy.

According to current understanding, Malthus was hostile to an excess of population because it caused social sufferings, while Marx was favourable to demographic growth in so far as a large proletariat was a factor aggravating the contradictions of capitalism. This is unfortunately an oversimplification. Both raised the same crucial question: when considered as an economic variable, how does population fit into the analysis of economic growth? Even though they started from the same analytical standpoint, Marx established a very different diagnosis from that of Malthus and built a social doctrine no less divergent. The book also discusses the theoretical and doctrinal contribution of the liberal economists, writing at the onset of the industrial revolution in France (1840-1870), and those of their contemporary, Pierre-Joseph Proudhon, who shared with Marx the denunciation of the capitalist system. By paying careful attention to the social, economic, and political context, this book goes beyond the shortcomings of the classification between pro- and anti-populationism. It sheds new light over nineteenth century controversies over population in France, a case study for Europe.

Markets and fairs played a fundamental part in the commerce of the Mediterranean region in the Roman period. But where were they held, and what commodities were sold there? Using evidence from archaeology, inscriptions, and literary sources, Dr Frayn builds up a detailed and enlivening picture of stalls and stallholders, profiteering, and price control in ancient Italy, and invites comparison with medieval and modern practices. Besides the macella, or permanent markets in towns, Dr Frayn also looks at the much more numerous nundinae, or local markets, held every eight days, and the many fairs and festivals throughout Italy where retailing took place, often associated with shrines and characterized by religious motifs. The book includes a discussion of the economic and social effects of markets and fairs, including their relation to geography, demography, and modern `central place theory'. There is also a chapter on market law, which can be traced from the ius commercii to the supervision of weights, measures, and pricing. As trade contacts widened, and merchandise grew more diverse, markets and marketing evolved with increasing complexity into a highly developed system, which in the wake of conquest came to influence larger areas of inter-regional trade.

This book traces the growth of capitalism in South East Asia between 1870 and 1941, a crucial element in understanding contemporary economic and political developments in the region. It focuses on three questions. Why was indigenous capitalism so weak in colonial South East Asia? What were the institutional weaknesses in an otherwise dominant Chinese capitalist class, and why did it fail to transform itself into a modern industrial elite? What was the impact of western colonialism and Japanese economic penetration on South East Asia's prospects for achieving sustainable economic growth?

Socio-economic and political issues are dealt with selectively within a chronological historical framework, covering the dramatic colonial impact of 1940-60 until the present day. The state is examined from the point of view of social class as well as communalism, to explain the dominance of the ruling coalition over the 37 years since independence. The author argues that authoritarian-populism is the concept that best fits the apparent paradox of an enduring regime via the ballot box, and the extensive restrictions on the scope of democracy, particularly through the repressive apparatus of detention without trial. The underlying theme is a critique and explanation of Malaysia's human rights record.

In this thoughtful book, Dale W. Tomich explores the contested relationship between slavery and capitalism. Tracing slavery's integral role in the formation of a capitalist world economy, he reinterprets the development of the world economy through the "prism of slavery." Through a sustained critique of Marxism, world-systems theory, and new economic history, Tomich develops an original conceptual framework for answering theoretical and historical questions about the nexus between slavery and the world economy. The author explores how particular slave systems were affected by their integration into the world market, the international division of labor, and the interstate system. He further examines the ways that the particular "local" histories of such slave regimes illuminate processes of world economic change. His deft use of specific New World examples of slave production as local sites of global transformation highlights the influence of specific geographies and local agency in shaping different slave zones. Tomich's cogent analysis of the struggles over the organization of work and labor discipline in the French West Indian colony of Martinique vividly illustrates the ways that day-to-day resistance altered the relationship between master and slave, precipitated crises in sugar cultivation, and created the local conditions for the transition to a post-slavery economy and society.

A detailed exploration of the influence and utility of Thomas Malthus' model of population growth and economic changes in Europe since the nineteenth century. This important contribution to current discussions on theories of economic growth includes discussion of issues ranging from mortality and fertility to natural resources and the poverty trap.

This set brings together an outstanding collection of works on industrial economics. Written by a range of international experts, the titles span from the historical development of trading enterprises, to the competition, mergers and tariffs of the twentieth century.

China's loss of economic, technical, and cultural supremacy after the Song Dynasty (A.D. 960-1279) has produced one of the greatest enigmas of world history. Why did China fail to undergo an industrial revolution? Explanations relate to deficiencies of Chinese cultural values, social structure, class system, bureaucracy, and technology. This volume examines the subject of technological development, particularly agricultural development, in order to evaluate whether China suffered all-round technological stagnation. Using the example of the nongshu, or agricultural book, the author also examines the role of Chinese values, social structure, class structure, and bureaucracy in the accumulation, preservation, diffusion, promotion, and recovery of knowledge. Nongshu formed an organic part of Chinese agriculture and thus of Chinese economic history. Thus examination of the nongshu phenomenon leads to new insights into the sociopolitical structure and long-term economic development of pre-modern China. The examination also shows that Chinese technology in agriculture, the leading sector of the economy, did not completely stagnate.

The essaysthat comprise thisvolume were written over the period of some ten years, for different purposes and on different occasions, but they are unitedby a number of features, which this preface may serve to indicate. While the collection begins with a translation drawn from the fourth p- sentation of Hobbes's political thought, namely, the Latin Leviathan of 1668, after The Elements of Law (1640), De Cive (1642 and 1647) and the English Leviathan of 1651, the focus of the essays is largely on theEnglish version of his masterpiece of political philosophy. It isthe center of gravityinthe twenty eight years spanninghis departure from England for exile in France in 1640 till the publication in 1668 of the Latin Leviathan, withits lengthy and c- plex Appendix. The translation andintroduction of theAppendix, previously published, appears here with several revisions and additions, as does the essay 'Thomas Hobbes and the EconomicTrinity. ' A second feature common to these essays isthe deliberate attempttomake sense of thereligious elements inHobbes's thought, bothintheir own rightand inrelation to his politics and natural science. These themes are woven together in complex ways. For instance, objecting to the use of Greek philosophic language and concepts to interpret the doctrines of the Christian religion, he propounds what he takes to be a more thoroughly scriptural interpretation, in pursuit of the goal of demolishing the basis for anypower inthe state independent of thecivil sovereign.

The financial crisis has exposed severe shortcomings in mainstream monetary economics and modern finance. It is surprising that these shortcomings have not led to a wider debate about the need to overhaul these theories. Instead, mainstream economists have closed ranks to defend existing theories and public authorities have expanded their interference in markets. This book investigates the problems associated with mainstream monetary economics and finance, and proposes alternatives based on the Austrian school of economics. This school emanated from the work of the nineteenth-century Austrian economist Carl Menger and was developed further by Eugen von Boehm-Bawerk, Ludwig von Mises, and Friedrich August von Hayek. In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability. From this follows the need for a comprehensive reform of our present monetary system. In a new monetary order, money could be issued by both public and private institutions, and there would be no need for fractional reserve banking. Instead of creating money, banks would intermediate it. In finance, the Austrian school rejects the notion of rational expectations and measurable risk. Individuals use their subjective knowledge to gather and evaluate information, and they act in a world of radical uncertainty. Hence, markets are not "efficient" nor can portfolios be built on the basis of known probability distributions of asset prices as described in the modern finance literature. This book explores the need for a new theoretical foundation for asset pricing and investment management that will give practitioners more useful orientation.

"Managing the World Economy," while recognizing how much has been achieved since the start of the Industrial Revolution, challenges the view that much better results could not have been attained. It argues that faster economic growth and much better use of the available human talent could have been in the past, and should be in the future, achievable targets. The reasons for the performance of the world economy over the past 200 years being well below the achievable optimum stem mainly from misconceptions about macroeconomic policy, which the book sets out to explain and correct.

"The Economic Crisis and the State of Economics" brings together leading economists from a diverse set of backgrounds and presents their take on how economics can explain the current crisis but also how the crisis will affect economic thought.

This is the first book to examine behavioral theories on social preference from institutional and philosophical perspectives using economic experiments. The experimental method in economics has challenged central behavioral assumptions based on rationality and selfishness, proposing empirical evidence that not only profit seeking but also social preferences matter in individuals' decision making. By performing distribution experiments in institutional contexts, the author extends assumptions about human behavior to understand actual social economy. The book also aims to enrich behavioral theories of economics directed toward institutional evolution.The author scrutinizes how specific institutional conditions enhance or mute individuals' selfish incentives or their fairness ideals such as egalitarian, performance-based, labor-value radicalism or libertarianism. From experimental results and their analysis, implications for actual problems in social economy and institutional change are derived: why performance-based pay often fails to promote workers' productivity; why labor wages decline whereas shareholder's values increase after financialization; and whether socially responsible investment can be a social institution for corporate governance.The book is also addressed to philosophers of social sciences interested in how experimental methods can contribute to developing cognition of human behaviors and be extended to social theories. Referring to behavioral theorists in the history of economic thought, the author discusses the meanings of experiments in the methodology of social sciences. She also proposes new ways of interpreting experimental results by reviving historic social theories and applying them to actual social problems.

This book presents a great deal of new primary research on a wide range of aspects of early modern East Asia. Focusing primarily on maritime connections, the book explores the importance of international trade networks, the implications of technological dissemination, and the often unforeseen consequences of missionary efforts. It demonstrates the benefi ts of a global history approach, outlining the complex interactions between Western traders and Asian states and entrepreneurs. Overall, the book presents much interesting new material on this complicated and understudied period. .

In the twentieth century, the United States replaced the United Kingdom as the centre of both the output of economic literature and the international economy. Having examined the structure of influence within the Keynesian and the Anti-Keynesian Traditions, (volume 1 and 2), this volume, the third of the trilogy, focuses more directly on economists and it highlights a multi-layered structure of influence within the policy process. Unpublished archival evidence illuminates aspects of the process by which the USA emerged as a dominant player in the world economy. This volume will be of interest not just to economists but to historians and social scientists, and to anyone interested in this transformation in world history.