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Money and political economy in the Enlightenment (Paperback)
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Money and political economy in the Enlightenment (Paperback)
Series: Oxford University Studies in the Enlightenment, 2014:05
Expected to ship within 12 - 17 working days
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The development of political economy as a philosophical
preoccupation constitutes a defining feature of the Enlightenment,
but no consensual agreement on this issue was formed in the period.
In this book contributors reassess the conflicting views on money,
trade, banking, and the role of the State in the work of leading
figures such as Locke, Davenant, Toland, Berkeley and Smith, and
Smith's critics in revolutionary France. Key events, from the
Recoinage crisis in the 1690s to the South Sea Bubble in the 1720s
and the consequences of the French Revolution, sharpened the need
for a more dynamic conception of economic forces in the midst of
the Financial Revolution. Political economy emerged as a disruptive
force, challenging philosophers to debate and define unstable
phenomena in a new climate of expanding credit, innovation in money
form, political change and international competition. In Money and
political economy in the Enlightenment contributors investigate
received critical assumptions about what was progressive and what
was backward-looking, and reconsider traditional attempts to
periodise the Enlightenment. Major questions explored include: the
impact of economic and political crises on philosophy; transitions
from mercantilist to 'classical' analyses of the market; the
challenge of reviving ancient republicanism on the foundations of a
modern commercial system, with its inherent social inequalities.
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