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Books > History > History of specific subjects > Economic history
Has America always been the champion of free trade? Debates about free trade and protection are one of the dominant features of 19th century economic discourse. The writings of the British classical economists, in particular, have been the subject of extensive secondary literature. In contrast, the writings of their American counterparts have often been overlooked. This collection seeks to help rectify this, by giving access to an extensive range of 19th-century American writings on trade issues. Many of the pieces selected are unavailable, even in America. Each has been carefully retypeset. Early American economics is often criticized for lacking the theoretical sophistication of European economics. The picture which emerges from these texts is more complex. It seems that far from being of universal application, the ideas of the English classical economists did not fit neatly in the context of 19th-century America, and it is much harder to draw a sharp doctrinal divide between protectionists and free-traders. The texts reproduced discuss: "the American system" of protection for infant industries; the North/South divide in the US, made manifest by the slavery question and the civil
This is the first book that systematically considers the academic achievements of Japanese institutionalist post-Keynesian economists in the postwar period and argues that we can learn much from their intellectual heritage. Those Japanese economists include the world-renowned figures, Shigeto Tsuru and Hirofumi Uzawa, whose inheritance came from Keynes, Marx, and institutionalism. In the era of globalization after the 1990s, economic inequality and social divide have intensified all over the world. In this situation, the academic achievements of those economists in postwar Japan should be reconsidered for the aim of establishing a new political economy. With this perspective, the book looks at what we can learn from Japanese institutionalist post-Keynesian economists In particular, the essence of research work that each of them developed is identified, focusing on the total image of the economy for contemporary capitalism. Those economists benefited from the diverse legacies of Keynes, Marx, Kalecki and institutionalist economists such as Veblen and Galbraith. When their research is examined systematically, Japanese institutionalist post-Keynesians are commonly characterized as those who developed their institutional analysis of contemporary capitalism with in-depth theoretical and empirical studies, with the aim of establishing their own political economy as the moral science of civil society. These important features provide us with insightful implications for institutional economics in the 21st century. Â
Since 1990 the UK has undergone major shifts in terms of its land, economy, society, policy and environment, all of which have had a profound effect on the geographical landscape. This fully revised edition of a well-known book presents a full description and interpretation of the changes that have occurred during the 1990s. It includes a great deal of new material from a revised team of contributors.
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
'Fisher's book will appeal to scholars interested in historical macroeconomics and the industrial revolution. It suggests promising directions for future research, and it contains vast amounts of useful information. In time, specialists may find it to be an indispensable reference.'- Gary Richardson, Journal of Economic History;In this study of the European economy from 1700 to 1910, the macroeconomic data from five countries is examined both descriptively and analytically (using structural and time-series methods). The UK receives three chapters, in view of the extensive literature in that case, while France, Germany, Italy and Sweden are each covered in a separate chapter.
"An extraordinary work of intellectual history as well as a scholarly tour de force, a bracing polemic, and a work of Christian prophecy...McCarraher challenges more than 200 years of post-Enlightenment assumptions about the way we live and work." -The Observer At least since Max Weber, capitalism has been understood as part of the "disenchantment" of the world, stripping material objects and social relations of their mystery and magic. In this magisterial work, Eugene McCarraher challenges this conventional view. Capitalism, he argues, is full of sacrament, whether one is prepared to acknowledge it or not. First flowering in the fields and factories of England and brought to America by Puritans and evangelicals, whose doctrine made ample room for industry and profit, capitalism has become so thoroughly enmeshed in the fabric of our society that our faith in "the market" has become sacrosanct. Informed by cultural history and theology as well as management theory, The Enchantments of Mammon looks to nineteenth-century Romantics, whose vision of labor combined reason, creativity, and mutual aid, for salvation. In this impassioned challenge to some of our most firmly held assumptions, McCarraher argues that capitalism has hijacked our intrinsic longing for divinity-and urges us to break its hold on our souls. "A majestic achievement...It is a work of great moral and spiritual intelligence, and one that invites contemplation about things we can't afford not to care about deeply." -Commonweal "More brilliant, more capacious, and more entertaining, page by page, than his most ardent fans dared hope. The magnitude of his accomplishment-an account of American capitalism as a religion...will stun even skeptical readers." -Christian Century
This book brings together the articles on which Fisher's reputation
was founded. It deals with central features of the English economy,
in particular the importance of London, both as a social and
economic hub, and the nature of internal and external trade. The
essays can rightly be described as classics.
This volume is available individually, or as part of the 7 volume set "Emergence of International Business 1200-1800" (0-415-19072-X; $910.00/Y [Can. $1365.00/Y]).
The book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyses the first game-theoretic solution concepts of von Neumann and Nash. The author's proposition is that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such a transformation paralleled that of neoclassical economics as a whole from a discipline dealing with real economic processes to one investigating issues of logical consistency between mathematical relationships. Modeling Rational Agents will be of great interest to scholars of the history of economic thought and method, as well as all those working in the field of game and decision theory.
This book focuses on the western Balkans in the period 1800-1912, in particular on the peoples and social groups that subsequent national histories would later identify as Albanians, providing a revisionist exploration of national identity prior to the establishment of the nation-state. Isa Blumi posits that such an identity was politically mobilized, and, that prior to the 1912 Balkan war it was culturally opaque and ideologically fluid. In relation to the competition among various state and power structures, be it in the shape of great power intervention, attempts at building new states, or the Ottoman political center, Blumi shows that Ottoman reforms were successful in encouraging most state subjects to commingle local interest with the fate of the empire itself, meaning that parochial concern for the survival of the immediate community, as it transformed over time, was directly linked to the survival of the Ottoman state.
This book develops the analysis of Time Series from its formal beginnings in the 1890s through to the publication of Box and Jenkins' watershed publication in 1970, showing how these methods laid the foundations for the modern techniques of Time Series analysis that are in use today.
This revised and expanded book focuses on Hilferding's major work, Finance Capital. In revisiting this influential book from a methodological point of view, both historical and intellectual, the authors affirm Hilferding's place in the Marxist tradition. Hilferding's ideas are used to criticise incumbent approaches in economics and enrich existing discussions and debates about the nature of modern capitalism. In doing so, this book highlights the importance of Hilferding's work in analysing and understanding modern capitalism and corporate developments. New material looking at Hilferding's economic journalism, debates around his work in Poland, and Eugene Varga's perspective on his work is also included.The book aims to explore Hilferding's central ideas on the political economy, as well as its historical context and relation to Marx. It will be relevant to students and researchers interested in the political economy, the history of economic thought, and European politics.
This volume is available individually, or as part of the 7 volume set "Emergence of International Business 1200-1800" (ISBN 0-415-19072-X; $910.00/Y [Can. $1365.00/Y]).
This book is a thought-provoking study of the Palestine campaign fought by the British-led Egyptian Expeditionary Force (EEF) from 1917 to the withdrawal from Syria in 1919. The book also provides a reassessment of General Allenby's role as a forceful and mercurial commander in the events of this period.
This book is a thought-provoking study of the Palestine campaign fought by the British-led Egyptian Expeditionary Force (EEF) from 1917 to the withdrawal from Syria in 1919. The book also provides a reassessment of General Allenby's role as a forceful and mercurial commander in the events of this period.
"Volume 18 of Research in Economic History" contains six contributions, evenly divided between British and U.S. topics. The first discusses the use of the Charity Commission Reports as a new source for the study of British economic history. These data challenge received wisdom on crowding out during the Napoleonic Wars, the contributions of enclosures to agricultural productivity, and the role of the Glorious Revolution in establishing secure property rights. The second study revisits the more than century old debate about whether nineteenth century industrialization in Britain worsened or improved conditions for child labour. Data from the Parliamentary Papers and the censuses of 1841, 1851 and 1871 confirm high labour force participation rates for older (but not younger) children, particularly in textiles. The third paper investigates the impact of fluctuations in the weather on agricultural output in Britain, and consequently on the level of GDP. Remaining on agricultural topics, but shifting venue to the United States, the fourth essay explores the induced innovation hypothesis using state data. The authors question many of the stylized facts which have been adduced in support of the hypothesis at the national level, and argue that state level investigations permit greater sensitivity to the substantial geophysical and factor price variation within the boundaries of the United States. The fifth paper examines the role of the National Banking System in reducing exchange rate variations (deviations from par) within the United States. The final contribution considers the impact of the introduction of two parallel but completely separate telegraph systems on the operation of U.S. financial markets.
Peter Burnham presents a detailed, archive-based account of the keys aspects of international monetary relations in the 1950s focusing in particular on Anglo-American policy surrounding the restoration of sterling convertibility. He argues that in 1952 the British government had a unique opportunity to take an almost revolutionary step in the external field to transform the international political economy (through the abolition of the fixed rate system, the International Monetary Fund, and the European Payments Union) and restructure Britain's domestic economy to tackle longstanding productivity, export and labour market problems.
This set reprints works by, and about, Swedish economists working between the turn of the century and 1960. The volumes contain a number of recent articles, monographs and collections of essays. Examples are given of the lively involvement in public affairs and public discussions by the generations of economists under consideration. The editor provides an overview of Swedish economics, as well as growth and specialization within the discipline. Amongst the schools and individuals included are the early neo-classical scholars Knut Wicksell, Gustav Cassel and Eli Heckscher, the Stockholm School, including Erik Lindahl, Gunner Myrdal, Bertil Ohlin, Erik Lundberg and politically influential trade economists such as Rudolf Meidner and Gosta Rehn.
German economic crises from the past two hundred years have provoked diverse responses from journalists, politicians, scholars, and fiction writers. Among their responses, storylines have developed as proposals for reducing unemployment, improving workplace conditions, and increasing profitability when stock markets tumble, accompanied by inflation, deflation, and overwhelming debt. The contributors to Invested Narratives assess German-language economic crisis narratives from the interdisciplinary perspectives of finance, economics, political science, sociology, history, literature, and cultural studies. They interpret the ways German society has tried to comprehend, recover from, and avoid economic crises and in doing so widen our understanding of German economic debates and their influence on German society and the European Union. |
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