The volumes in this set, originally published between 1967 and 1997, draw together research by leading academics in the area of the industrial revolution and provides an examination of related key issues. The volumes examine urban workers and the working class in the eighteenth- and nineteenth-centuries, economic growth during the industrial revolution, and the causes of the industrial revolution, with a primary focus on England. This set will be of particular interest to students of history, business and economics.

With motivated human resources and a rich natural bounty, Myanmar is expected to take off with sustained growth and eventually attain a unique welfare state. On the basis of the authors' field surveys and innumerable dialogues with public officials, private professionals, scholars, and others, in addition to intensive desk studies since around 2000, the present volume lays out the essential ingredients for drawing a roadmap to realise the above-mentioned objective. That goal is, specifically, financial development, adequate social capital, indigenous modern manufactures and closer international tie-ups, among others, but above all, sound agrarian development. An effort has been made to place the required ingredients in their historical contexts, as historical experiences constitute an important sociopolitical condition in which development takes place. Myanmar nationals and readers concerned with the country's economic progress are encouraged to give serious, sustained thought to coming up with a socially supportable roadmap for the country's development path. The present volume provides valuable hints for that purpose.

This is a scholarly and stimulating study of settlement and expansions on the frontier lands in Canada and Argentina during their `Golden Years' of the late nineteenth and early twentieth centuries. Jeremy Adelman challenges many of the assumptions made about the economic `success' of North America and the `failure' of Latin America. Based on extensive primary research in Argentina, Canada, and Britain, Dr Adelman's book points to the central importance of property relations in economic history. The distribution, control, and use of land, labour, and capital shaped these emerging economies. At the centre of the analysis is the development of family farming in Canada, and large estates in Argentina. Each system presented opportunities and posed costs - Argentine estates proving more efficient than hitherto argueed, while Canadian farms involved high social and economic costs. The approach taken here suggests directions for future research for comparative historians.

This volume is the first ever English translation of Part III of Johann von Thunen's famous 'Isolated State'. The original German publication from 1863 has been translated by Keith Tribe and is E Ulrich van Suntum on behalf of the Thunen Society. It deals with the optimum rotation period of woods, a central problem of capital theory, which has been studied by many famous economists. Debates on this issue have still not reached a final conclusion, and therefore Thunen's early approach to sustainable forestry is of central importance. Thunen has been hailed an innovator way ahead of his time. This book celebrates his ideas as an economist, as a farmer and a thinker on agrarian policy, and endeavoursto revive the study and discussion of forestry economics and its history.

Comprising a series of unique and informative interviews, this original book focuses on the evolution and current state of the economic literature on the Great Depression. Renowned economists assess the status of the remaining debates, evaluate what economists do and do not know about the economics of the interwar era, and examine the new directions economic research is taking in attempting to better understand this important economic epoch. Every generation of economists tries to understand the Depression, but the interwar generation of economists who lived through it left several issues unresolved. Often scholars from the generation that follows a particular event are the ones who provide fresh and disinterested evaluations of the historical period. We are now at that point in our evaluation of the economics of the interwar era. This book contains interviews with 12 American economists who have made substantial contributions to our understanding of the economics of the Great Depression: Peter Temin, Ben Bernanke, James Hamilton, Robert Lucas, Lee Ohanian, Christina Romer, Barry Eichengreen, Stephen Cecchetti, James Butkiewicz, Michael Bordo, Charles Calomiris and Allan Meltzer. Together and individually, they provide an enlightening account of what we have learned about the Great Depression from the post-World War II generation of economists. This accessible, highly readable book continues and extends the discussion of the Great Depression, appealing to students and scholars of both economics and history.

Norwegian deregulation was, together with the British model, a pioneer forerunner in the restructuring of European electricity industry. The Norwegian model, unlike the British, did not change ownership or structure, but relied heavily on a radical opening of the market way down to household consumers. It also developed a more advanced pool system based on actual bidding both on the supply and demand side, as well as triggering the first regional integrated competitive power market in the world. This book draws on a wide range of applied research and gives a summary of the Norwegian experience.

Popularizing Classical Economics analyzes the theoretical contributions of two British Economists, Henry Brougham and William Ellis, and describes how they popularized economic ideas from the early 1800s through the 1860s. Efforts to spread economic ideas to the lay public have been little studied and few individuals have been recognized for their efforts. This book traces the efforts of Brougham and Ellis to spread classical economic ideas through education of both adults and children.

Historical analysis of the German Democratic Republic has tended to adopt a top-down model of the transmission of authority. However, developments were more complicated than the standard state/society dichotomy that has dominated the debate among GDR historians. Drawing on a broad range of archival material from state and SED party sources as well as Stasi files and individual farm records along with some oral history interviews, this book provides a thorough investigation of the transformation of the rural sector from a range of perspectives. Focusing on the region of Bezirk Erfurt, the author examines on the one hand how East Germans responded to the end of private farming by resisting, manipulating but also participating in the new system of rural organization. However, he also shows how the regime sought via its representatives to implement its aims with a combination of compromise and material incentive as well as administrative pressure and other more draconian measures. The reader thus gains valuable insight into the processes by which the SED regime attained stability in the 1970s and yet was increasingly vulnerable to growing popular dissatisfaction and economic stagnation and decline in the 1980s, leading to its eventual collapse.

For generations, the uneasy relationship between Britain and France has captured the popular and scholarly imagination. Comparative studies between the two countries abound, from political systems to eating habits: so far they have not extended to business history.
There is now growing interest in comparative business systems, practices, and performance. In these areas comparison with America, Germany, or Japan have taken precedence. This volume, with contributions from leading British and French experts, explores comparative developments and trends in the two countries which for so long were the guiding lights of Europe and the world. In particular it looks at three main dimensions - the family firm; education and training; and mergers and company structure.
With a mixture of case-studies, sectoral analysis, and wider-ranging comparison, the book will be a useful addition to an understanding of the evolution of business organization, competitiveness, and performance.

This timely volume provides a second collection of Thomas Humphrey's papers in the area of the history of economic thought and is a long-awaited companion to his critically acclaimed first volume of essays Money, Banking and Inflation. Unlike the first volume, this book does not focus specifically on traditional central bank concerns but addresses key concepts, theories and tools in the area of money, exchange and production which have proved indispensable to the development of economics. Each essay focuses on a prominent theory or tool, examines its essential elements, identifies its origins and traces its development across a succession of economists, problems, controversies and applications. In this way, the book shows how the history of economic thought can be illustrated through the development of tools and concepts rather than through schools of thought and prominent individuals. This outstanding collection will be invaluable to historians of economic thought as well as to students and scholars of methodology, philosophy and monetary and financial economics.

The first in a series of books published with the IZA, this book presents and analyzes the work of one of the most important economists of the 20th century - Jacob Mincer. Mincer's work has had a lasting influence on contemporary labor economics in both theoretical and methodological terms. Mincer played a central role in shaping contemporary labor economics, not the least by largely determining its research agenda. His work in the 1960s and 70s on the determinants of individual earnings, notably human capital, and on labor force supply, particularly female participation, have had an enormous impact on the way others have approached labor economics. This book presents a systematic analysis of his extensive published work, emphasising its continuity as a lifetime research program that has made a lasting influence on modern labor economics.

Bringing together the latest research on the neglected area of second-hand exchange and consumption, this book offers fresh insights into the buying and selling of used goods in western-Europe during the eighteenth and nineteenth centuries, and seeks to re-examine and redefine the relationship between modernity and the second-hand trade.

The functioning of the gold standard has recently been at the heart of explanations of the interwar depression, particularly as a result of the research of Barry Eichengreen and Peter Temin. In The World Economy and National Economies in the Interwar Slump the interaction between the gold standard and the Great Depression in seven countries is examined by an international team of economists and economic historians.

Throughout the ages money was a prerogative of national sovereignty. Currency management was the responsibility of governments.;After World War 2 Bretton Woods provided the framework for intergovernmental monetary cooperation until, in the early seventies, the banking community, using the Eurodollar as an international medium of exchange, forced governments to adopt a regime of floating rates.;The book describes how, in the 1950s, through an improbable chain of events, Soviet-owned banks established in Paris and London spawned the Eurodollar market, which has come to dominate world finance.;The Euromarket has given rise to a new breed of financiers and currency traders who radically changed the nature of international banking. The book relates the collision between sovereign states and stateless economic forces, the struggle for supremacy between the political authorities and the international financial community, their strategies and tactics, their strengths and weaknesses.

In A Stake in the Ground, Michael Schraer explores the economic functions of real estate amongst the Jews of the medieval crown of Aragon. He challenges the view of medieval Jews as primarily money-lenders and merchants, finding compelling evidence for extensive property trading and investment. Jews are found as landlords to Christian tenants, transferring land in dowries, wills and gifts. Property holdings were often extremely valuable. For some, property was a major part of their asset portfolios. Whilst many property transactions were linked to the credit boom, land also acted as a liquid and tradeable investment asset in its own right. This is a key contribution to the economic history of medieval Iberia and of medieval Jews. See inside the book.

Politicians, social administrators, economists, biographers and historians have shared the belief that the Charity Organisation Society effectively rationalized relief to the Victorian poor and illustrated the advantages of caring voluntarism over impersonal state handouts. Evidence has shown how, in provincial England, these impressions were illusory. The alleged sinful profligacy of other charitable bodies was persistently condemned by the Charity Organisation Society for fostering latent sin amongst the poor. By exposing how they failed in practice to satisfy their own prescriptions for appropriate poor relief, this volume asks whether the members of the Charity Organisation Society were themselves morally equipped to castigate other about sin.

The book examines the problems that Nixon faced during his presidential term, focusing on economics but the role of politics is also highlighted. The convergence of the gold-dollar crises, oil crises and Watergate imbroglio posed a unique political and economic threat to global stability.

Named a Best Book of 2018 by the Financial Times and Fortune, this thrilling (Bill Gates) New York Times bestseller exposes how a modern Gatsby swindled over $5 billion with the aid of Goldman Sachs in the heist of the century (Axios). Now a #1 international bestseller, Billion Dollar Whale is an epic tale of white-collar crime on a global scale (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.

In this volume, continuities and discontinuities between Historical School of Economics and Old Institutional Economics are examined with regard to common research objectives and methods. Similarly, those between these two economic movements and New Institutional Economics as well as new economic sociology are discussed. The following questions functioned as a guideline for the contributing economists, sociologists, historians, and philosophers: Can we meaningfully speak of the Historical School of Economics (HSE) as an economic research program? What are the commonalities between the HSE and American old economic institutionalism? Does the HSE represent a part of the "lost anteroom" of New Institutional Economics and new economic sociology? How and why should the HSE matter to how we do economic and social theory today?

Most macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond supply and demand functions to the level of individual decision-making, taking into account the general dynamic environment where agents live. Microfoundations Reconsidered seeks to reassess how the relationship of micro and macroeconomics evolved over time. The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distinct fields within economics in the early 1930s. They seek to go beyond the conventional history that is often told and written by practicing economists. From different perspectives they challenge the association of microfoundations with Robert Lucas and rational expectations and offer both a more complete and a deeper reading of the relationship between micro and macroeconomics. Microfoundations Reconsidered is a valuable addition to the macroeconomic research literature. It is ideally suited to students, scholars, researchers, and practitioners with an interest in macro and microeconomics and the history of economics. Contributors: M. De Vroey, P. Garcia Duarte, D.W. Hands, K.D. Hoover, R. Leonard, G.T. Lima, P.E. Mirowski

The Danube has been a border and a bridge for migrants and goods since antiquity. Between the 17th and the 19th centuries, commercial networks were formed between the Ottoman Empire and Central and Eastern Europe creating diaspora communities. This gradually led to economic and cultural transfers connecting the Mediterranean, the Black Sea, and the Continental world of commerce. The contributors to the present volume offer different perspectives on commerce and entrepreneurship based on the interregional treaties of global significance, on cultural and ecclesiastical relations, population policy and demographical aspects. Questions of identity, family, and memory are in the centre of several chapters as they interact with the topographic and socio-anthropological territoriality of all the regions involved. Contributors are: Constantin Ardeleanu, Iannis Carras, Lidia Cotovanu, Lyubomir Georgiev, Olga Katsiardi-Hering, Dimitrios Kontogeorgis, Nenad Makuljevic, Ikaros Mantouvalos, Anna Ransmayr, Vaso Seirinidou, Maria A. Stassinopoulou.