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In the early 1800s, Robert Owen was a mill owner, political figure,
and an advocate for social reform, and his publications attained
considerable circulation. He believed that people need good working
conditions in order to be encouraged to work and motivated to
learn. Despite the higher costs associated with this kind of
operation, compared to the traditional ones, Owen's management
resulted in increased productivity and profit. His results caught
the attention of men of wealth who were interested in social
reform. In particular, at a similar time, Jeremy Bentham was
developing his own theories. Owen and Bentham seemed to be based on
some similar ideas that the greatest happiness creates the greatest
results. Their ideas developed against the backdrop of the
Industrial Revolution, and growing social and economic problems in
England. Owen and Bentham were forerunners of highly relevant
current theories of economics - marginalism, entrepreneurship,
personnel management, and constructivism. They were acquainted with
such important authors as James Mill, Malthus, Ricardo and John
Stuart Mill. However, their economic theories were ruled out by
classical economists, who actively tried to silence perspectives
different from the orthodoxy. This book presents an innovative
study of these two social thinkers and reformers, who have rarely,
if ever, been studied together. This comparative study provides new
context both on the social debate taking place during the
Industrial Revolution, and on the development of modern social
thought, in particular, the relationship between socialism and
utilitarianism. Economics, Entrepreneurship and Utopia will be of
great relevance to scholars with an interest in the history of
economic ideas, the history of entrepreneurship, and social reform
in both historical and contemporary contexts.
This edited volume examines the relationship between economic
ideas, economic policies and development institutions, analysing
the cases of 11 peripheral countries in Europe, Latin America and
Asia across the nineteenth and twentieth centuries. It sheds light
on the obstacles that have prevented the sustained economic growth
of these countries and examines the origins of national and
regional approaches to development. The chapters present a
fascinating insight into the ideas and visions in the different
locations, with the overarching categories of economic nationalism
and economic liberalism and how they have influenced development
outcomes. This book will be valuable reading for advanced students
and researchers of development economics, the history of economic
thought and economic history.
In the early 1800s, Robert Owen was a mill owner, political figure,
and an advocate for social reform, and his publications attained
considerable circulation. He believed that people need good working
conditions in order to be encouraged to work and motivated to
learn. Despite the higher costs associated with this kind of
operation, compared to the traditional ones, Owen's management
resulted in increased productivity and profit. His results caught
the attention of men of wealth who were interested in social
reform. In particular, at a similar time, Jeremy Bentham was
developing his own theories. Owen and Bentham seemed to be based on
some similar ideas that the greatest happiness creates the greatest
results. Their ideas developed against the backdrop of the
Industrial Revolution, and growing social and economic problems in
England. Owen and Bentham were forerunners of highly relevant
current theories of economics - marginalism, entrepreneurship,
personnel management, and constructivism. They were acquainted with
such important authors as James Mill, Malthus, Ricardo and John
Stuart Mill. However, their economic theories were ruled out by
classical economists, who actively tried to silence perspectives
different from the orthodoxy. This book presents an innovative
study of these two social thinkers and reformers, who have rarely,
if ever, been studied together. This comparative study provides new
context both on the social debate taking place during the
Industrial Revolution, and on the development of modern social
thought, in particular, the relationship between socialism and
utilitarianism. Economics, Entrepreneurship and Utopia will be of
great relevance to scholars with an interest in the history of
economic ideas, the history of entrepreneurship, and social reform
in both historical and contemporary contexts.
This edited volume examines the relationship between economic
ideas, economic policies and development institutions, analysing
the cases of 11 peripheral countries in Europe, Latin America and
Asia across the nineteenth and twentieth centuries. It sheds light
on the obstacles that have prevented the sustained economic growth
of these countries and examines the origins of national and
regional approaches to development. The chapters present a
fascinating insight into the ideas and visions in the different
locations, with the overarching categories of economic nationalism
and economic liberalism and how they have influenced development
outcomes. This book will be valuable reading for advanced students
and researchers of development economics, the history of economic
thought and economic history.
This book provides an overview of the importance of science,
technology, and innovation in the history of economic thought. It
charts how science has responded to societal needs and global
challenges to highlight the way in which knowledge and technology
have been used to benefit society. Particular attention is given to
modern concerns, such as climate change, technological
unemployment, and social unrest, which are contextualised within
the work of the Scottish Enlightenment, Marx, Weber, and
Schumpeter. Broader debates, including the relationship between
invention and economic development, the alienation of labour, and
institutional change, are also considered. This book aims to shed
new light on our understanding of science, technology, and
innovation by placing them within ideas from the history of
economic thought. It will be relevant to students and researchers
interested in the history of economic thought and the economics of
innovation and technology.
This book explores and compares the works of two great economists
and philosophers, David Hume and Adam Smith, considering their
contributions to language, perception, sympathy, reason, art and
theatre to find a general theory of rationality and economics. The
author considers and analyses both figures through a range of
approaches, and moves on to demonstrate how different concepts of
language affect Hume's and Smith's idea of value and economic
growth. This book contributes to a wider literature on
communication and language to demonstrate that economics is linked
to rhetoric and is an essential part of human nature.
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