This classic study of German creditbanks was first published in 1930 and even now deserves its place as a fundamental text on banking in Germany. It is a valuable comparative study of one important type of financial institution and represents a detailed survey of Joint Stock Banking in Germany in the pre-war, war and post-war periods upt o 1928.

The central problem to which this book, first published in 1984, is addressed is the transformation of agrarian structure as it historically evolved in India. The term 'structure', however, has multiple meanings. The sense in which the term is used refers to the system of production, including the pattern of its composition in terms of micro-units of production, and the social and economic relations by which they are integrated. This concrete analysis and examination of the evidence of Indian agriculture is undertaken from this perspective, and contributes to the theory of agrarian change as well as an interpretation of the development of Indian agriculture.

This book, first published in 1979, explores the sources and patterns of the distribution of personal incomes in India, between rural and urban areas and among socio-economic classes, differentiating particularly those groups falling below the poverty line.

Outskirts of Empire: Studies in British Power Projection investigates the substructure of Britain's interests in the Near East and beyond during the nineteenth and twentieth centuries. Essays address themes in British power projection in a geographically wide area encompassing parts of the Ottoman Empire, Morocco and Abyssinia, illuminating interlinking elements of Britain's power and presence through commerce, religion, consular activity, expatriates, travel and exploration and technology. Through careful investigation of the interface of these themes the book develops a deeper sense of Britain's presence in the Near East and contiguous areas and highlights the network of Britons who were required to sustain that presence.

Economists do more than merely describe an external economic world. They shape it in the image of their theories and models. This idea, following the philosophy of language, puts forward that economic theories are performative, and not only descriptive. This idea has become a powerful critique of the scientificity of economics since it removes the idea of an external world against which our description could be evaluated as truth. If any theory can become true, there are no true theories per se because there is no such thing as a pre-existing economy to describe. Is such a relativist stance a fatality? This is the question at stake in this book. Furthermore, the author asks if any theory is able to 'perform' the social reality, or are there actually some limits to performativity? For philosophers, a performative statement is a statement that cannot fail to mean something, but can fail to do what it calls for. The state of the world may or may not be changed; the performative statement may be happy or unhappy. In economic terms, this can be interpreted as: some theories change the world while some do not. This book argues that this possibility of failure, a perspective previously missing from discussions on the subject, should be at the heart of any definition of failure. Taking on the question of why some theories change the world while others do not, this volume will be of interest to those studying advances courses on the philosophy of economics as well as those studying and researching in the areas of the philosophy of sciences and sociology of science and economics.

Originally published in 1925. This book sets forth a plan to stabilize the currency at a time in which there was much discussion of what to radically change to improve the state of the flow of gold and discounts and interests. It addresses such questions as 'what is a standard of currency' and 'to whom does the gold belong' among its discussion of the best way forward. A fascinating insight into 1920s economic history.

Originally published in 1979. This book addresses three questions regarding uncertainty in economic life: how do we define uncertainty and use the concept meaningfully to provide conclusions; how can the level of uncertainty associated with a particular variable of economic interest be measured; and does experience provide any support for the view that uncertainty really matters. It develops a theory of the effect of price uncertainty on production and trade, takes a graphical approach to look at effects of a mean preserving spread to create rules for ordering distributions, and finishes with an econometric analysis of the effects of Brazil's adoption of a crawling peg in reducing real exchange rate uncertainty. This is an important early study into the significance of uncertainty.

Originally published in 1994. This work investigates seasonal fluctuations of US and British short term nominal interest rates, the dollar-sterling exchange rate and short term interest rate differentials between the US and Britain during the period 1883-1913. It finds that during the pre-World War Gold Standard seasonal movements in exchange rates did not tend to offset the seasonal fluctuations in interest rate differentials. It presents a model to explain the fluctuations and outlines two specific empirical investigations, considering the results in the light of more recent historical periods as well.

First published in 1927, Economics and Human Behaviour is a defence of orthodox economics against the attacks of social psychology. The author has explicated on the characteristics and value of both orthodox economics as well as psychology, and then presented psychology's criticism against orthodox economics. Before concluding with the limitations of both disciplines, this tiny book reinstates the importance of orthodox economics in the gathering and interpretation of facts. Given the predominance of economics over psychology in current times, this book will be an interesting read for anyone keen on imagining the tables turned. It will also appeal to students of economics, history and psychology.

Based on a mixture of primary historical research and secondary sources, this book explores the reasons for the failure of the state in England during the twentieth century to regulate, tax, and control the market in land for the common or public good. It is maintained that this created the circumstances in which private property relationships had triumphed by the end of the century. Explaining a complex field of legislation and policy in accessible terms, the book concludes by asking what type of land reform might be relevant in the twenty-first century to address the current housing crisis, which seen in its widest context, has become the new land question of the modern era.

In this book, first published in 1961, under the general editorship of Arthur Seldon of the Institute of Economic Affairs, ten eminent writers, economists, philosophers, and a legal authority have set down their views on the principles and policies of a free society in a rapidly changing world. Each has developed his theme from the same material - Professor F. A. Hayek's monumental work The Constitution of Liberty. This title will be of interest to students of history and economics.

Economic theory in its neoclassical form is sometimes regarded as free from values; it is simply the theory of economic exchange. This can only hold true if we accept the idea of "Homo Economicus" and the equilibrium economy. But in the real world, away from neoclassical models, there is no intrinsic stability as such. Instead, stability is created by the surrounding social, cultural and political structures. Clearly, it is imperative that ethics features in the analysis of these economic and socio-political structures. Drawing on Aristotle, Kant, Hume and others, this book conceptualizes the analysis of ethics and economic and social structures. It first considers the key philosophical underpinnings and categories which frame the discussion of ethics in economic theory and then considers individual ethics, social action, financial structures and war. Throughout, ethics are examined in a multicultural context with structural complexities, and the difficulties in finding a coherent set of ethics which provides social cohesion and an open society are considered. A key part of this is the comparison of two ethical principles which can be adopted by societies: ius soli or loyalty to constitution, and ius sanguinis or loyalty to "Blood and Soil". The latter is argued to lead to problems of Us and the Other. Introducing the possibility of integrating microscopic ethics into socio-political structures and proposing the eventual existence of a global ethics, this volume is a significant contribution to the emerging literature on economics, social structures and ethics. It will be of particular interest to those working in business and public administration and who have an education in socio-economic areas, but it also has a broad appeal to students and academics in the social sciences.

The current growth of the Chinese economy is of immense importance for the global economy. This book outlines the main characteristics of Chinese economic growth over the last two decades, and investigates in detail the key determinants of growth, especially capital formation and productivity issues. It goes on to examine the important related questions of employment and underemployment, regional disparity, and economic integration, exploring in detail how far economic integration has taken place in south China, including the economies of Hong Kong and Taiwan, and how far this integration has been a determinant of economic growth. The book makes comparisons with other East Asian economies, and concludes with a consideration of the prospects for continuing growth in the twenty-first century.

In what has established itself as a classic study of Britain from the late eighteenth century to the mid-Victorian period, Eric J. Evans explains how the country became the world's first industrial nation. His book also explains how, and why, Britain was able to lay the foundations for what became the world's largest empire. Over the period covered by this book, Britain became the world's most powerful nation and arguably its first super-power. Economic opportunity and imperial expansion were accompanied by numerous domestic political crises which stopped short of revolution. The book ranges widely: across key political, diplomatic, social, cultural, economic and religious themes in order to convey the drama involved in a century of hectic, but generally constructive, change. Britain was still ruled by wealthy landowners in 1870 as it had been in 1783, yet the society over which they presided was unrecognisable. Victorian Britain had become an urban, industrial and commercial powerhouse. This fourth edition, coming more than fifteen years after its predecessor, has been completely revised and updated in the light of recent research. It engages more extensively with key themes, including gender, national identities and Britain's relationship with its burgeoning empire. Containing illustrations, maps, an expanded 'Framework of Events' and an extensive 'Compendium of Information' on topics such as population change, cabinet membership and significant legislation, the book is essential reading for all students of this crucial period in British history.

The essays in this volume, first published in 1989, seek to re-examine an important area of economic theory: value and distribution. In a sustained and analytical critique, two principle methodological approaches are compared and distinguished: the Classical or 'surplus-based' theories and the demand-and-supply-based equilibrium (DSE) theories. Although the essays are primarily concerned with value and distribution, the critique necessarily extends to the theory of output and employment, and in general, to the theory of trade and accumulation. The book will be an invaluable reader for students of economic thought, capital theory and Marxian political economy.

This book, first published in 1987, is an attempt to explain Adam Smith's theory of property. The author examines Smith's theory in the context of The Wealth of Nations, and explores what Smith said, what he really meant, and what can be logically deduced from it. This title will be of interest to students of economic thought.

Deirdre Nansen McCloskey's latest meticulous work examines how economics can become a more "human" science. Economic historian Deirdre Nansen McCloskey has distinguished herself through her writing on the Great Enrichment and the betterment of the poor-not just materially but spiritually. In Bettering Humanomics she continues her intellectually playful yet rigorous analysis with a focus on humans rather than the institutions. Going against the grain of contemporary neo-institutional and behavioral economics which privilege observation over understanding, she asserts her vision of "humanomics," which draws on the work of Bart Wilson, Vernon Smith, and most prominently, Adam Smith. She argues for an economics that uses a comprehensive understanding of human action beyond behaviorism. McCloskey clearly articulates her points of contention with believers in "imperfections," from Samuelson to Stiglitz, claiming that they have neglected scientific analysis in their haste to diagnose the ills of the system. In an engaging and erudite manner, she reaffirms the global successes of market-tested betterment and calls for empirical investigation that advances from material incentives to an awareness of the human within historical and ethical frameworks. Bettering Humanomics offers a critique of contemporary economics and a proposal for an economics as a better human science.

The papers collected in this book, first published in 1990, represent the edited proceedings of a conference held to celebrate the 25th anniversary of the publication of Piero Sraffa's Production of Commodities by Means of Commodities. In arranging the conference, and subsequently during the editing of the papers, great care has been taken to invite scholars of different schools of thought to contribute. The result of this collection of ideas has resulted in a most promising critique and provides an extensive alternative to modern Neo-Classical theory, of interest to all students of economic thought.

In this book, first published in 1988, the editors have included the reviews of thirteen classic works on economic theory, empirical economic studies, political economy and management. Each major work was chosen due to its contribution in shaping our current knowledge and perspectives, and each essay is commented on by important critics in different eras. This title will be of interest to students of economic thought.

The purpose of this volume, first published in 1925, is to provide the historical account of the regime whereby the State, in different countries, has sought to control economic life in the interests of political and national strength and independence. This study explores the history of the Mercantile System, or Mercantilism, in different nations. It also examines the methods adopted by the State for the promotion and regulation of agriculture, industry and commerce. This title will be of interest to students of economics.

This title, first published in 1989, is an in-depth biographical dictionary of the Nobel Laureates in Economic Sciences from 1969 to 1988. Each biographical entry includes a segment on the foundations of their career in the economic sciences, summaries of their most notable discoveries and ideas and other notable contributions. Each entry also includes a selected bibliography for further reading on the individual. This book will be of particular interest to students of the history of economic thought.

This study, first published in 1983, is primarily concerned with what the British economists over the period 1860 to 1914 wrote on a range of economic and non-economic aspects of the British Empire, and the reasons for their conclusions. The attempt is also made to correct the view that mainstream British economists after 1860 were antithetical to the concept of empire. This title will be of interest to students of economic thought.

This book, first published in 1982, provides a thorough analysis of the Stockholm School's contribution to the development of dynamic methods. It examines the work of such key figures as Myrdal, Lundberg and Lindahl and provides new insights on their work. It discusses the connections between the Stockholm School and Keynesian revolution, and shows how the Stockholm School were the precursors of many contemporary ideas. This title will be of interest to students of economics.

This comprehensive and lucid study, first published in 1985, reconstructs the history of Western Marxist theories of the breakdown of capitalism. It provides a critical reading of theories of breakdown, with their conflicting interpretations of a single text, their invulnerability to empirical defeat, and their retreat from class analysis, as events in the history of ideas. This study traces the sources of theoretical conflict in a series of historical and epistemological issues that shift over time and generate new conditions for speculations concerning the fate of the system. In seeking to understand that durability of the concept of breakdown, the author raises important questions about the social conditions and consequences of theoretical work and the status of critical thought in society. This title will be of interest to students of history and economics.

From chatelaines to whale blubber, ice making machines to stained glass, this six-volume collection will be of interest to the scholar, student or general reader alike - anyone who has an urge to learn more about Victorian things. The set brings together a range of primary sources on Victorian material culture and discusses the most significant developments in material history from across the nineteenth century. The collection will demonstrate the significance of objects in the everyday lives of the Victorians and addresses important questions about how we classify and categorise nineteenth-century things. The volumes are organized thematically and focus on key elements of materials, processes and production. Sources for each volume have been selected and critically introduced by a group of leading experts working across a variety of scholarly disciplines. Series titles include Science and Medicine, Invention and Technology, Victorian Arts, Raw Materials, Manufactured Things and Fashionable Things.