This volume offers a snapshot of the resurgent historiography of
political economy in the wake of the ongoing global financial
crisis, and suggests fruitful new agendas for research on the
political-economic nexus as it has developed in the Western world
since the end of the Middle Ages. New Perspectives on the History
of Political Economy brings together a select group of young and
established scholars from a wide variety of disciplinary
backgrounds-history, economics, law, and political science-in an
effort to begin a re-conceptualization of the origins and history
of political economy through a variety of still largely distinct
but complementary historical approaches-legal and intellectual,
literary and philosophical, political and economic-and from a
variety of related perspectives: debt and state finance, tariffs
and tax policy, the encouragement and discouragement of trade,
merchant communities and companies, smuggling and illicit trades,
mercantile and colonial systems, economic cultures, and the history
of economic doctrines more narrowly construed. The first decade of
the twenty-first century, bookended by 9/11 and a global financial
crisis, witnessed the clamorous and urgent return of both 'the
political' and 'the economic' to historiographical debates. It is
becoming more important than ever to rethink the historical role of
politics (and, indeed, of government) in business, economic
production, distribution, and exchange. The artefacts of pre-modern
and modern political economy, from the fourteenth through the
twentieth centuries, remain monuments of perennial importance for
understanding how human beings grappled with and overcame material
hardship, organized their political and economic communities, won
great wealth and lost it, conquered and were conquered. The present
volume, assembling some of the brightest lights in the field,
eloquently testifies to the rich and powerful lessons to be had
from such a historical understanding of political economy and of
power in an economic age.
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