The grass-roots approach allows for a better understanding of religion as it shows how it encompassed all spheres of daily life. By exploring how pastoral care took shape at the local levels of society, the volume is useful in showing how the ideal of leading everybody to salvation was a central element of Carolingian culture. This will be useful for all students and scholars who are interested in the ecclesiastical history of Europe in the Carolingian period. The various sections on the roles of the priest, such as priests as experts, shows how well-educated local priests did not only know how to baptise and preach, but could also advise on matters concerning health, legal procedure and even the future, which provides a more detailed and nuanced view of the role of the priest in this period.

First published in 1986, Denmark seeks to show the way in which modern Denmark, with its high standard of living, its sense of an orderly society, and its tolerance, had emerged and been shaped since the beginning of the 19th century. It traces its political history, the emergence of political parties and the protracted struggle for parliamentary democracy in the face of a king determined to appoint his own ministers. It looks at the determination of the Danes after the financial repercussions of the Napoleonic wars and the territorial and economic losses resulting from the Schleswig-Holstein debacle in 1864 to win through and recoup their losses. Social changes are described in some detail, particularly in the twentieth century and attention is paid to the workings of the Danish welfare state. Appendices trace in broad outline the historical relationship between Denmark and its former colonies of Greenland and Faroe Islands, now both self-governing territories. This book will be of interest to students of history, geography, political science, sociology and cultural studies.

First published in 1961, The Miners in Crisis and War: A History of Miners' Federation of Great Britain from 1930 Onwards tells the story of two sharply contrasting periods, of world crisis and of world war. The story begins with the Minders' Federation fallen upon evil days, diminished in numbers, shorn of its former powers of national wage negotiation, divided in counsel and almost whelmed beneath the seismic waves of world economic crisis. Unemployment prevailed, greater than at any time before. The sudden collapse of the cabinet, the formation of the four-party coalition, and the rout of the Labour Party in 1931 shattered these hopes. The climb from the economic abyss of the early thirties is made against a sombre background of the spread of fascism and the approach of war. Then, during the war, the British coal industry and its workers encounter a series of rapid changes, both for better and for worse. The whole main purpose of their trade unions, to maintain and improve the standard of life, is conditioned by the six-year war to such an extent that all come to be merged in a single national union a few months before victory. Thus, in circumstances utterly unforeseen, the old Miners' Federation, now once more built up in its numbers and in its powers comes to an end after an existence of fifty-five years. This book will be of interest to students of history, sociology, economics and political science.

The modern global economy and discipline of economics place mathematical calculation above human concern. However, a re-reading of Boethius' The Consolation of Philosophy can positively highlight the contrast in values and spirit of the early medieval European world with our own scientific age. This book discusses the historical and cultural contexts that influenced Boethius' writing and explores how Consolation offers a radically different understanding of economic concepts: wealth from inner happiness and virtues, poverty from hoarding outer possessions, self-sufficiency in the greater whole, enlightenment through misfortune, and development as fruition from the Good. These economic considerations resonate with a range of heterodox economic perspectives, such as Ecological and Buddhist Economics. The fundamental revaluations gained through Boethius pose a critique of mainstream neoclassical and neoliberal economics: to consumerism, avarice, growth and technology fetishism, and market rationality. These economic foundations resonate into a time when global crises raise the question of fundamental human priorities, offering alternatives to an ever-expanding industrial market economy designed for profit, and helping to avoid irrevocable socio-ecological disasters. The issues raised and questioned in this book will be of significant interest to readers with concern for pluralist approaches to economics, philosophy, classics, ancient history and theology.

This volume narrates the financial history of the United States during a period of great upheaval in the early part of the 21st century. It is divided into three chronological sections: the first section describes the recovery of financial markets after the Great Recession. It begins with an overview of the state of the economy at the start of the new decade, including some of the political storms affecting the economy and financial markets. It explores the uneven nature of the recovery and volatility in the Treasury during these years. The second section sets forth regulatory responses to the Financial Crisis of 2008, including the massive fines imposed on large banks by a swarm of regulators. It examines the "too big to jail" prosecution model, cases involving Libor and foreign exchange manipulation and the impact of rogue traders. It also looks at the developments in payment systems, rise of crowdfunding as a source of capital, and high-frequency trading. The third section describes the rules adopted under the Dodd-Frank Act of 2010 that broadly affected financial markets. It also recounts the Trump trade wars and ends with an account of the financial and economic turmoil that occurred during the Covid-19 pandemic in 2020. The volume will be an essential addition to academic and public libraries with readers drawn from business schools, departments of economics and finance, and historians.

What is Pan-Americanism? People have been struggling with that problem for over a century. Pan-Americanism is (and has been) an amalgam of diplomatic, political, economic, and cultural projects under the umbrella of hemispheric cooperation and housed institutionally in the Pan-American Union, and later the Organization of American States. But what made Pan-Americanism exceptional? The chapters in this volume suggest that Pan-Americanism played a central and lasting role in structuring inter-American relations, because of the ways in which the movement was reinvented over time, and because the actors who shaped it often redefined and redeployed the term. Through the twentieth century, new appropriations of Pan-Americanism structured, restructured, and redefined inter-American relations. Taken together, these chapters underscore two exciting new shifts in how scholars and others have come to understand Pan-Americanism and inter-American relations. First, Pan-Americanism is increasingly understood not simply as a diplomatic, commercial, and economic forum, but a movement that has included cultural exchange. Second, researchers, political leaders, and the media in several countries have traditionally conceived of Pan-Americanism as a mechanism of US expansionism. This volume reimagines Pan-Americanism as a movement built by actors from all corners of the Americas.

This interdisciplinary book brings together eleven original contributions by scholars in the United Kingdom, continental Europe, America and Japan which represent innovative and important research on the relationship between cities and their hinterlands. They discuss the factors which determined the changing nature of port-hinterland relations in particular, and highlight the ways in which port-cities have interacted and intersected with their different hinterlands as a result of both in- and out-migration, cultural exchange and the wider flow of goods, services and information. Historically, maritime commerce was a powerful driving force behind urbanisation and by 1850 seaports accounted for a significant proportion of the world's great cities. Ports acted as nodal points for the flow of population and the dissemination of goods and services, but their role as growth poles also affected the economic transformation of both their hinterlands and forelands. In fact, most ports, irrespective of their size, had a series of overlapping hinterlands whose shifting importance reflected changes in trading relations (political frameworks), migration patterns, family networks and cultural exchange. Urban historians have been criticised for being concerned primarily with self-contained processes which operate within the boundaries of individual towns and cities and as a result, the key relationships between cities and their hinterlands have often been neglected. The chapters in this work focus primarily on the determinants of port-hinterland linkages and analyse these as distinct, but interrelated, fields of interaction. Marking a significant contribution to the literature in this field, Port-Cities and their Hinterlands provides essential reading for students and scholars of the history of economics.

Drawing in particular on the work of Sraffa, Smith, Ricardo and Marx, the essays in this volume explore the characteristic features of the Classical economists' approach to economic problems, and the renewal of interest in that approach in modern times. In recent years, new material has been made available on both Sraffa and Marx which have made new insights and interpretations possible. The release of Sraffa's hitherto unpublished papers and correspondence has led to reconsideration of doctrinal questions such as to what extent Sraffa built upon, or deviated from the analyses of Adam Smith, David Ricardo and other representatives of the classical British school and Karl Marx. A major theme is also to what extent we can today, equipped with Sraffa's insights and analytical tools, re-interpret and develop ideas of classical authors, which they could present only in primitive forms, on technological progress, exhaustible resources and other contemporary issues. On Marx, the publication of the MEGA2 edition of the works, papers and correspondence of Marx and Engels also gives rise to a reconsideration of this relationship, given Marx's disenchantment with some of his own work and return to ideas advocated by Ricardo, especially as regards the long-term tendency of the rate of profits. Finally, the classical notion of competition and monopoly deserve to be scrutinized carefully again and frequent misinterpretations in the literature refuted. This volume is vital reading for scholars of classical economics, Marx and Sraffa, and the history of economic thought more broadly. It also deals with issues in the areas of machinery and technical progress, joint production, and economic development and growth.

Early Medieval Europe 300-1050: A Guide for Studying and Teaching empowers students by providing them with the conceptual and methodological tools to investigate the period. Throughout the book, major research questions and historiographical debates are identified and guidance is given on how to engage with and evaluate key documentary sources as well as artistic and archaeological evidence. The book's aim is to engender confidence in creative and independent historical thought. This second edition has been fully revised and expanded and now includes coverage of both Islamic and Byzantine history, surveying and critically examining the often radically different scholarly interpretations relating to them. Also new to this edition is an extensively updated and closely integrated companion website, which has been carefully designed to provide practical guidance to teachers and students, offering a wealth of reference materials and aids to mastering the period, and lighting the way for further exploration of written and non-written sources. Accessibly written and containing over 70 carefully selected maps and images, Early Medieval Europe 300-1050 is an essential resource for students studying this period for the first time, as well as an invaluable aid to university teachers devising and delivering courses and modules on the period.

Taking a transnational approach to French history and coming right up to the present day, Stovall opens a lens onto both French identity and the history of the world more broadly which allows students to engage with French history in a much wider context. National histories (such as of France) are increasing being taught with a global view. This book draws the reader into a key aspect of France's political culture - universalism - making it the perfect textbook for these French history courses. The first edition was early in the field with this world-viewpoint, and now the second edition brings it up to date meaning it engages with things readers are particularly interested in at the moment from a historical perspective

Taking a transnational approach to French history and coming right up to the present day, Stovall opens a lens onto both French identity and the history of the world more broadly which allows students to engage with French history in a much wider context. National histories (such as of France) are increasing being taught with a global view. This book draws the reader into a key aspect of France's political culture - universalism - making it the perfect textbook for these French history courses. The first edition was early in the field with this world-viewpoint, and now the second edition brings it up to date meaning it engages with things readers are particularly interested in at the moment from a historical perspective

Over a hundred years after the first socialist revolution broke the global monopoly of capitalism, a new class of socialist-oriented socioeconomic development is coming to the fore. Capitalism is still dominant worldwide, although its hegemony is no longer undisputed, and humankind is now faced with a key existential challenge. This book proposes an alternative path to overcoming the worldwide crisis of globalized capitalism. It offers a novel, balanced and historically rooted interpretation of the successes and failures of socialist economic construction throughout the last century. The authors apply a multidisciplinary, holistic and purpose-based methodology to draw basic lessons from stylized facts, emerging in different areas of knowledge, ranging from political economy to biology, and from key national socioeconomic experiences, with a particular focus on China. The book is divided into three parts. The first is mainly theoretical and general in nature, identifying the major contributions bequeathed by the hard sciences to their social counterparts. Consistent with these findings, the authors offer a stylized interpretation of the contemporary state-of-the-art of the debate on the core concepts of economic science and advance a few elementary theories about what socialism in the 21st century could look like. The second and third parts analyze and discusses the core features of a few select experiences, which have evolved in certain countries since 1917, some of which are still unfolding. The book will find an audience among academics, researchers and students in the fields of economics, political science, history, and geography, as well as, policy makers, particularly in developing countries.

Social forces are important determinants of how people behave, how economies work at the macroeconomic level, and the effectiveness of economic policies. However, this dimension is generally overlooked in mainstream economics. How Social Forces Impact the Economy demonstrates that a broader conception of social economics provides for a better understanding of how economies work as a whole. This book argues that adopting a truly social approach to economics opens the door to studying how people form preferences, and how they learn by taking cues from others about how to behave and what to consume. Each chapter contributor works to highlight the breadth of new insights and possibilities that emerge from a fuller understanding of social economics. Part I focuses on microeconomics, bringing individual behaviors and individual entrepreneurs into a more social context. Part II focuses on macroeconomic topics, such as how money and quasi-monies (like Bitcoins) are social, how money developed as a social institution, and how social forces matter for economic development. Finally, Part III looks at the consequences of considering social factors when it comes to policy: environmental policy, industrial policy, and policies promoting greater equality. This book is invaluable reading to anyone interested in the relationship between economics and sociology, how social forces affect policy effectiveness, human behavior, and the overall economy.

A myth-busting explanation of inflation, the desperate gullibility of central bankers and finance ministers-and our abject failure to learn from history From investors and monetary authorities to governments and policy makers, almost everyone had assumed inflation was dead and buried. But now people the world over are confronting a poisonous new economic reality and, with it, the prospect of vast and increasing wealth inequality. How have we arrived in this situation? And what, if anything, can we do about it? Celebrated economist Stephen D. King-one of the few to warn ahead of time about the latest inflationary upheaval-identifies key lessons from the history of inflation that policy makers chose not to heed. From ancient Rome through the American Civil War and up to the asset bubbles of today, inflation stems from policy error, sovereign greed, and a collective loss of faith in currencies. We Need to Talk About Inflation cuts through centuries of bad judgment and misunderstanding, offering a means to intervene now-so we can begin to tackle the political and social upheaval unleashed by inflation.

First published in 1955, A History of the Scottish Miners recounts the peculiar circumstances of the seventeenth and eighteenth centuries, and the laws that placed the miners under conditions unique in Europe. Carrying onto the nineteenth century, the author deals with the first trade unions, the period of Alexander McDonald and Keir Hardie, ending in the great strike of 1894 and the formation of the Scottish Miners' Federation, embracing eight county associations. From 1894 onwards, Robert Smillie led the Scots in good times and bad, up to the ordeal of the First World War. The effect in Scotland of the great lockouts of 1921 and 1926, with Robert Smillie no longer chairman of the British miners but still the leader in Scotland, is set out in detail. Then after a time of troubles, the Scots miners developed their organisations during the war and, before its end, under new leaders, they achieved a single union for Scotland. This book will be of interest to students of history, sociology, economics and political science.

First published in 1979, The Miners: A History of the National Union of Mineworkers 1939-46 describes the events and factors that led to the nationalisation of the coal industry in 1946. The World War had a creative as well as a destructive effect on the industry; it compressed fundamental changes into seven short years. By the end of the war, the federated trade unions had succeeded in bringing about the unification of their industry; and the various county, district and craft associations were themselves also unified in one single national body. Two rival plans emerged during 1945: a coal-owners' plan, in conjunction with an 'experts' report', approved by Churchill and his Caretaker Cabinet, and Labour's 'plan for the coal industry' which came into force in 1946 as the Coal Industry Nationalisation Act. Anew epoch in management had begun, with a National Coal Board, new industrial relations and a new National Union of Mineworkers. This book will be of interest to students of history, sociology, economics and political science.

First published in 1969, Advising Ministers is a general account of the arrangements for 'advising Ministers', based on a case-study, enabling the reader to judge the effectiveness of an advisory body in a particular case, which itself gained much publicity and in which hopes were high that results would be achieved. Mr. Smith's conclusions are based on published material and informed, shrewd deduction to provide a valuable addition to the all too meagre case-study material on British administration. This book will be of interest to students of history, sociology, economics and political science.

A New York Times #1 Bestseller An Amazon #1 Bestseller A Wall Street Journal #1 Bestseller A USA Today Bestseller A Sunday Times Bestseller A Guardian Best Book of the 21st Century Winner of the Financial Times and McKinsey Business Book of the Year Award Winner of the British Academy Medal Finalist, National Book Critics Circle Award "It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year-and maybe of the decade." -Paul Krugman, New York Times "The book aims to revolutionize the way people think about the economic history of the past two centuries. It may well manage the feat." -The Economist "Piketty's Capital in the Twenty-First Century is an intellectual tour de force, a triumph of economic history over the theoretical, mathematical modeling that has come to dominate the economics profession in recent years." -Steven Pearlstein, Washington Post "Piketty has written an extraordinarily important book...In its scale and sweep it brings us back to the founders of political economy." -Martin Wolf, Financial Times "A sweeping account of rising inequality...Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore." -John Cassidy, New Yorker "Stands a fair chance of becoming the most influential work of economics yet published in our young century. It is the most important study of inequality in over fifty years." -Timothy Shenk, The Nation

Published in 1926: The author tells the story of the Consumers' League from the genesis of the idea through the days of its development to its present days of power.

1) This is one of the first handbook to look at the state formation in pre-modern India. 2) It contains papers written by renowned historians like Harry Falk, Brajadulal Chattopadhyaya, Gunther-Dietz Sontheimer, Upinder Singh, Daud Ali, and Romila Thapar. 3) This handbook will be of interest to departments of South Asian history across UK.

A pronoia was a type of conditional grant from the emperor, often to soldiers, of various properties and privileges. In large measure the institution of pronoia characterized social and economic relations in later Byzantium, and its study is the study of later Byzantium. Filling the need for a comprehensive study of the institution, this book examines the origin, evolution and characteristics of pronoia, focusing particularly on the later thirteenth and fourteenth centuries. But the book is much more than a study of a single institution. With a broad chronological scope extending from the mid-tenth to the mid-fifteenth century, it incorporates the latest understanding of Byzantine agrarian relations, taxation, administration and the economy, as it deals with relations between the emperor, monastic and lay landholders, including soldiers and peasants. Particular attention is paid to the relation between the pronoia and Western European, Slavic and Middle Eastern institutions, especially the Ottoman timar.

This book follows the intellectual path of Franco Modigliani, Nobel Prize winner and one of the most influential Keynesian economists of the twentieth century, tracing his development and examining the impact of his research. The book begins with Modigliani's early work as a young law student in 1930s Italy and traces his development through his emigration to the US, his introduction to Keynes' General Theory at the New School, and his seminal 1944 article on Keynesian and classical economics. The book also examines Modigliani's pioneering theory of savings: the life-cycle hypothesis (with Richard Brumberg), and the Modigliani-Miller theorem, a cornerstone of modern theory of finance. The book argues that although Modigliani is placed amongst the most prominent Keynesian economists, his connections with Keynesian theory are of secondary importance until the beginning of the 1960s when he joined MIT. This is the first book to place Modigliani's thought in its proper historical context, showing how it related to wider economic concerns and examining the social and political implications of his work. It will be of interest to scholars in the history of economic thought, and especially post-war American Keynesian economics.

Histories of economics tend to portray attitudes towards commerce in the era of Adam Smith as celebrating what is termed doux commerce, that is, sweet or gentle commerce. Commerce and Its Discontents in Eighteenth-Century French Political Thought proposes that reliance on this doux commerce thesis has obscured our comprehension of the theory and experience of commerce in Enlightenment Europe. Instead, it uncovers ambivalence towards commerce in eighteenth-century France, distinguished by an awareness of its limits - slavery, piracy and monopoly. Through a careful analysis of the Histoire des deux Indes (1780), the Enlightenment's best-selling history of comparative empires, Anoush Fraser Terjanian offers a new perspective on the connections between political economy, imperialism and the Enlightenment. In discussing how a 'politics of definition' governed the early debates about global commerce and its impact, this book enriches our understanding of the prehistory of globalisation.

This authoritative book analyses the recent problems associated with the UK's monetary system and suggests a long-term solution to control bank lending in the future. It draws on extensive historical material, discussions with former senior officials and politicians, and the perceptive insights of Gordon Pepper, an advisor to Margaret Thatcher when the foundations of monetary control were being laid, to revisit and re-examine the monetarist experiment of the 1980s. The authors argue that, in spite of the instinct of the Prime Minister, the authorities never attempted to control the supply of money in the 1980s and only paid lip service to controlling the demand for money. Extraordinary behaviour of bank lending was a significant cause of the Barber boom in the mid-1970s, of the Lawson boom of the 1980s and of the depth of the recession in the early 1990s. They assert that varying interest rates is an ineffective tool to manage lending and controversially propose that the only enduring solution is to control the banks' reserves. The authors forcefully argue that should the UK not become a member of the European Single Currency the debate surrounding monetary base control will need to be reopened. By reassessing a significant era in British economic policy and suggesting a strategy for the future, this book will be of great interest to economic historians, monetary and political economists, policymakers and investment advisers.