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Books > History > History of specific subjects > Economic history
This second volume of Gyllenbok's encyclopaedia of historical metrology comprises the first part of the compendium of measurement systems and currencies of all sovereign states of the modern World (A-I). Units of measurement are of vital importance in every civilization through history. Since the early ages, man has through necessity devised various measures to assist him in everyday life. They have enabled and continue to enable us to trade in commonly and equitably understood amounts, and to investigate, understand, and control the chemical, physical, and biological processes of the natural world. The encyclopeadia will be of use not only to historians of science and technology, but also to economic and social historians and should be in every major academic and national library as standard reference work on the topic.
This book - the first of two volumes- looks at episodes in American economic history from a public choice perspective. Each chapter discusses citizens, special interests, and government officials responding to economic incentives in both markets and politics. In doing so, the book provides fresh insights into important periods of American history, from the Acadian expulsion in 1755 to the allocation of government grants during the New Deal. This volume features the work of prominent economic historians such as Dora Costa, John Wallis, and Jeremy Atack; well-known public choice scholars such as Jac Heckelman; and younger scholars such as Vincent Geloso and Philip Magness. This book will be useful for researchers and students interested in economics, history, political science, economic history, public choice, and political economy.
In this lively and interesting study, G. R. Searle tackles the conundrum at the heart of Victorian life: how could capitalist values be harmonized with Christian beliefs and with concepts of public morality and social duty? Middle-class Victorians who broadly welcomed industrial growth and embraced the doctrines of `political economy' were sensitive to the charge that theirs was a selfish and materialistic creed. Consequently, if public morality was to be reconciled with the market, wage-labour had to be distinguished from slavery, investment from speculation, and entrepreneurial acumen from dishonesty and fraud. These ideas about citizenship and public virtue offered a greater challenge to rampant capitalism than any pressing need to alleviate poverty. Through its exploration of `Victorian values', this book provides lessons for all those engaged in the present-day debate about the moral and social consequences of unleashing free market forces.
This edited volume is based on original essays first presented at the World Economic History Conference, Kyoto, Japan, in August 2015. It also includes three essays subsequently written especially for this volume. All of the essays focus on financial markets in the periods leading up to, during, and after financial crises, and all are based on new data and archival research. The essays in this volume enlarge the range of historical evidence on the causes and potential cures for financial crises. While not neglecting the United States or Britain, the usual focus of financial historians, it includes studies of financial markets in times of crisis in Japan, Sweden, France, and other countries to achieve a truly global and historical perspective. As a result of the research reported here the reader will be made aware of several neglected factors that have shaped financial crises including the most recent crisis. These factors are (1) the role played by monetary policy in causing and ameliorating crises, (2) the role played by international contagion in private financial markets in propagating financial crises, (3) the role played by variations in the institutional structures of financial markets in determining the impact of financial crises, and (4) the role played by the social background of the central bankers who must contend with financial crises in determining the final outcome.
Francis I's ties with the Ottoman Empire marked the birth of court-sponsored Orientalism in France. Under Louis XIV, French society was transformed by cross-cultural contacts with the Ottomans, India, Persia, China, Siam and the Americas. The consumption of silk, cotton cloth, spices, coffee, tea, china, gems, flowers and other luxury goods transformed daily life and gave rise to a new discourse about the 'Orient' which in turn shaped ideas about economy and politics, specifically absolutism and the monarchy. An original account of the ancient regime, this book highlights France's use of the exotic and analyzes French discourse about Islam and the 'Orient'.
This book explores the evolution of credit and financing in Europe from the Middle Ages through to Modern Times. It engages with the distinct political, economic and institutional frameworks of the examined areas (England, Italy, France, Germany, Spain, the Netherlands and Turkey) and discusses how these affected the credit market. It covers a wide range of different types of lending and borrowing instruments, the destination of capital, the way it was raised, and the impact it had on local or national economies in a very long run. Presented in two parts, part one of the book focuses on credit markets in the preindustrial age, in particular the period before the advent of modern joint stock banks. Part two examines the evolution of credit at the time of the emergence of modern banks. This volume will be of interest to academics and researchers in the field of finance who are interested in the historic evolution of credit and the credit market.
This unique survey of the environmental history of the southern United States explores the ecological, social, and economic interaction between humans and the environment in the South over the last 20,000 years. The melting of the Ice Age glaciers heralded the arrival of the Archaic peoples in the South and the lives of the South's peoples have long been shaped and challenged by the environment. Conversely, the human impact on the South's landscape has been dramatic, from the mound building of Native Americans to the construction of cities and the birth of modern industry. Part of ABC-CLIO's Nature and Human Societies series, Southern United States: An Environmental History explores the historical and ecological dimensions of human interaction with the environment throughout Southern history. Examining diverse issues from the impact of the end of the Ice Age to the consequences of the U.S. space program for Florida's environment, this invaluable guide synthesizes literature from a wide range of authoritative sources to provide a fascinating guide to the South's environment. Illustrations, including maps, and first-hand accounts of the southern landscape from early travel writers A chronology listing key individuals, events, and movements in the environmental history of the South
This book explores the origins of Arthur Laffer's economic theories and how they became a part of mainstream economic policy. Utilizing interviews and archival material, Laffer's life is traced from his early education through to his time working for the Nixon and Reagan administrations. Laffer's influence on Reaganomics is discussed alongside the development of supply-side economics, the shift towards neoliberal policies, and the Laffer curve. This book aims to contextualise the work of Laffer within archival research and wider economic trends. It will be relevant researchers and policy makers interested in the history of economic thought and the political economy.
This transdisciplinary volume puts forward proposals for wiser, socially just and sustainable socio-economic systems in transition. There is growing support for the view that the end of capitalism is around the corner, but on which conceptual and ethical basis can we interpret these times? With investigations into feminist economics, post-growth environmentalism, socio-technical digital design, collaborative and commons economics, the editors create a dialogue between radical knowledge/practices and contemplative social sciences to transgress disciplinary boundaries and implement new visions of reality. This important book challenges our ways of thinking and outlines a pathway for new research. Chapter 13 of this book is available open access under a CC BY 4.0 license at link.springer.com
Steel Phoenix: The Fall and Rise of the U.S. Steel Industry is a remarkable story. Christopher Hall recounts the great downfall of "Big Steel" in America and the emergence of a new, reinvented steel industry from the ashes of the old. Beginning with the failures of Big Steel to respond to a changing world, Christopher Hall analyzes the powers and drives behind this "most basic" of industries, revealing how the "Rust Belt" of the 1970s and 1980s was created and how the death of the traditional steel industry devastated cities such as Pittsburgh, Cleveland, and Youngstown. Hall then examines how pioneering entrepreneurs and engineers rebuilt the industry by recycling large supplies of scrap steel, giving way to a minimill industry that ultimately saved what was left of the old Big Steel mills.
This contributed volume applies cliometric methods to the study of family and households in order to derive global patterns and determine their impact on economic development. Family and households are a fundamental feature of societies and economies. They are found throughout history and are the place where key decisions on fertility, labour force participation, education, consumption are made. This is especially relevant for the position of women. The book gathers key insights from a variety of fields - economics, history, demography, anthropology, biology - to shed light on the relation between family organisation and the long-term process of economic development.
The Carolina, Mariana and Marshall Islands have experienced world war, atomic weapons testing and varying brands of colonialism in the 20th century. Following the seizure of the islands from Japan, agencies of the US government sought to better possess and control the area through a series of developmental initiatives. Interdisciplinary in its approach, this text goes beyond the liberal discourse surrounding modernity to examine what economic development actually entailed. It explores in ethnographic terms how different groups of island people responded to development programmes in multiple, complex, layered and sometimes conflicting ways that reflected their own historical experiences and cultural understandings.
Complete ready reference covering Chinese history, economics, politics, culture, and prevalent social problems ... a "must-have" addition to any global studies collection. Throughout its imperial golden ages, China was the world's most developed nation, home to advanced technologies, a robust economy, and thriving cities. Its thousands of years of cultural and artistic achievements combined with its vastness and ethnic complexity have made China both fascinating and forbidding for those encountering it for the first time. This new volume offers readers a concise, single-stop introduction to Chinese history, culture, economics, politics, and social issues. As they trace China's history from the creation stories of ancient Chinese myths to the Communist upheaval of the 20th century, readers will learn how the country has changed-and not changed-from early to modern times, and what life throughout China is like today. Chronology of key historical developments, which details the most important people, places, and events A directory of business, cultural, government, and tourist organizations to help facilitate further research and study
Economakis analyzes the processes of proletarianization and urbanization undergone by St. Petersburg's industrial working class from its inception in the early 19th century up until 1914. Attention is focused on the severing of workers' ties to the village and the land. The book examines local conditions in sending areas and traces the history of factory work in St. Petersburg by workers from different provinces. Economakis finds that a majority of the factory workforce was objectively proletarianized by 1914.
This volume of intellectual biography takes the Italian economist, sociologist, political scientist Vilfredo Pareto (1848-1923) from his disillusionment with liberal and pacifist activism, to the original development of pure economics and the composition of his Treatise on General Sociology and the test of this latter on the war and post-war events.
The Irish Famine of 1845-49 was a major modern catastrophe. The return of the potato blight in 1846 triggered a huge exodus of destitute Irish seeking refuge in British towns and 1847 witnessed an unprecedented inflow of Irish refugees into Britain. This book examines the scale of that refugee immigration, the conditions under which the refugees were carried to Britain, the relief operations mounted, the horrors of the typhus epidemic in Liverpool, Glasgow, Manchester, South Wales and the North-East, and the financial cost to the British ratepayers.
This book brings together a set of incisive essays that interrogate Malaysian history and social relations which began during pre-colonial times, and extended to colonial and post-colonial Malaysia. It addresses economic misinterpretations of the role of markets in the way colonial industrialisation evolved, the nature of exploitation of workers, and the participation of local actors in shaping a wide range of socioeconomic and political processes. In doing so, it takes the lead from the innovative historian, Shaharil Talib Robert who argued that the recrafting of history should go beyond the use of conventional methodologies and analytic techniques. It is in that tradition that the chapters offer a semblance of causality, contingency, contradictions, and connections. With that, the analysis in each chapter utilises approaches appropriate for the topics chosen, which include history, anthropology, sociology, economics, politics, and international relations. The collection of chapters also offer novel interpretations to contest and fill gaps that have not been addressed in past works. The book is essential reading for history students, and those interested in Malaysian history in particular.
Beginning in the 1860s, the Russian Empire replaced a poll tax system that originated with Peter the Great with a modern system of income and excise taxes. Russia began a transformation of state fiscal power that was also underway across Western Europe and North America. States of Obligation is the first sustained study of the Russian taxation system, the first to study its European and transatlantic context, and the first to expose the essential continuities between the fiscal practices of the Russian Empire and the Soviet Union. Using a wealth of materials from provincial and local archives across Russia, Yanni Kotsonis examines how taxation was simultaneously a revenue-raising and a state-building tool, a claim on the person and a way to produce a new kind of citizenship. During successive political, wartime, and revolutionary crises between 1855 and 1928, state fiscal power was used to forge social and financial unity and fairness and a direct relationship with individual Russians. State power eventually overwhelmed both the private sector economy and the fragile realm of personal privacy. States of Obligation is at once a study in Russian economic history and a reflection on the modern state and the modern citizen.
This book focuses on urbanization as an attendant consequence of industrialization and sheds light on urban problems such as housing shortages and poverty of jobless people, and the housing and social policies implemented by central and local governments to deal with these problems. Through this book, the volume editor and authors convey the view that urbanization transformed economy and society spatially and in quality, and caused the change of central and local administration in the process of tackling various urban problems. The book features recent academic works on economic history of the city and housing, researched from an advanced perspective of comparative history in Japan. The aim of this book is to make works by Japanese scholars accessible to a wider readership throughout the world. This edited volume includes four articles (chapters) and four book reviews originally published in Japanese and subsequently translated into English. The first chapter analyzes the characteristics of the urbanization that occurred under the land readjustment projects implemented from the Sino-Japanese War to the reforms following World War II, by focusing on the conflict between landowners and peasants in Japan. The second chapter examines the construction of urban housing following Japan's defeat in World War II, focusing on the reconstruction of war-damaged housing from the perspective of the creation and distribution of private residential space under Japan's postwar regulatory regime. The third chapter examines the adoption of communal unemployment insurance systems in Wilhelmine Germany, focusing on the Genter system, in which the municipalities paid subsidies to the trade unions that provided their out-of-work members with unemployment benefits. The last chapter investigates the accumulation of the mechanical engineering industry in Paris region during the period 1939-1958, focusing on the role of the subcontracting system.
Given the political, financial, social, and economic conditions inherited from Communist rule, Romania's new government concluded that a shock therapy approach to reform would create unmanageable chaos and enduring instability. Though committed to economic liberalization, decisionmakers espoused a gradualist approach to economic reform. The government pursued its objectives by implementing policies it considered functionally operational. Although Romania experienced the macro dislocations and downturns that are common in transitional economies in the region, the country sustained shallower recessions, lower inflationary spirals, and shorter production losses than many reforming economies. This study analyzes how, against calculated probabilities and within a relatively short time period, Romania has stabilized and assembled all the basic ingredients for a successful transformation from a centralized system to a market-driven economy. The lessons derivable from Romania's relatively successful experiment with systemic transformation could be beneficial to reform architects in all newly liberalized economies in Eastern Europe. The conclusions of this study reinforce the view that it is imperative to examine and foster the existing preconditions, including political, institutional, and financial components, before subjecting an economy to extensive and intensive shocks that could be judiciously mitigated or circumvented. Unlike other newly liberalized economies in Eastern Europe, where the once disgraced Communists have returned to power, sympathy for a centralized system has been steadily and swiftly declining in Romania. The primary factor in Romania's success, the author claims, is its circumspect approach to reform.
This is the first full history of Operation Breadbasket, the interfaith economic justice program that transformed into Jesse Jackson's Operation PUSH (now the Rainbow PUSH Coalition). Begun by Martin Luther King Jr. during the 1966 Chicago Freedom Movement, Breadbasket was directed by Jackson. Author Martin L. Deppe was one of Breadbasket's founding pastors. He digs deeply into the program's past to update the meager narrative about Breadbasket, add details to King's and Jackson's roles, and tell Breadbasket's little-known story. Under the motto "Your Ministers Fight for Jobs and Rights," the program put bread on the tables of the city's African American families in the form of steady jobs. Deppe details how Breadbasket used the power of the pulpit to persuade businesses that sought black dollars to also employ a fair share of blacks. Though they favored negotiations, Breadbasket pastors also organized effective boycotts, as they did after one manager declared that he was "not about to let Negro preachers tell him what to do." Over six years, Breadbasket's efforts netted forty-five hundred jobs and sharply increased commerce involving black-owned businesses. Economic gains on Chicago's South Side amounted to $57.5 million annually by 1971. Deppe traces Breadbasket's history from its early "Don't Buy" campaigns through a string of achievements related to black employment and black-owned products, services, and businesses. To the emerging call for black power, Bread basket offered a program that actually empowered the black community, helping it engage the mainstream economic powers on an equal footing. Deppe recounts plans for Breadbasket's national expansion; its sponsored business expos; and the Saturday Breadbasket gatherings, a hugely popular black-pride forum. Deppe shows how the program evolved in response to growing pains, changing alliances, and the King assassination. Breadbasket's rich history, as told here, offers a still-viable model for attaining economic justice today.
This book repositions the groundbreaking Bretton Woods conference of July 1944 as the first large-scale multilateral North-South dialogue on global financial governance. It moves beyond the usual focus on Anglo-American interests by highlighting the influence of delegations from Latin America, India, the Soviet Union, France, and others. It also investigates how state and private interests intermingled, collided, and compromised during the negotiations on the way to a set of regulations and institutions that still partly frame global economic governance in the early twenty-first century. Together, these essays lay the groundwork for a more comprehensive analysis of Bretton Woods as a pivotal site of multilateralism in international history. |
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