Warren Samuels's second and concluding selection of essays focuses on early 20th century economists who, while relatively well-known in their times, have tended to be obscured by the more prominent stars of the discipline. It illustrates that economics is more diverse and complex than conventional histories of economic thought tend to identify. In particular it includes contributions on those economists who were not in the mainstream, or, if in the mainstream, practised economics in a somewhat alternative manner. Warren Samuels has assembled a collection of essays on thirteen economists - six German and seven Italian - who remain noteworthy of study to this day. The economists featured in the volume represent a variety of ways of practising economics - theoretical, methodological and policy-orientated - who all contributed to the understanding of economic processes and institutions at the deepest levels. European Economists of the Early 20th Century will appeal to all those with an interest in the philosophy and evolution of economics and to historians of economic thought.

This stimulating and authoritative book features original essays from leading scholars in the discipline - each of whom addresses the question: how should economists do economics? What emerges is a diverse, constructive commentary on how economics is done and how it should be done.Leading thinkers from a wide variety of perspectives and fields address issues such as the scope of economics, the corpus of theory and its stature, the process of theory construction, the place of mathematical formalism, the role of quantitative analysis, the place of institutions in economic analysis, and, inter alia, technical methods of research. Foundations of Research in Economics: How do Economists do Economics? brings together some of the leading figures from many different schools of thought. This volume ranges across all aspects of professional discourse, ensuring that it will be widely read by economists active in many different areas of research while being of particular interest to economic theorists, methodologists and historians of economics.

American Economists of the Late Twentieth Century is a collection of essays on the work of 22 contemporary US economists. The essays summarize, place in perspective and appraise the work of a diverse array of accomplished scholars whose writings respresent the best, the most promising and the most innovative in the US. The economists whose work is discussed include Samuel Bowles and Herbert Gintis, Paul Davidson, Nancy Folbre, Robert H. Frank, Robert Heilbroner, David Kahneman and Amos Tversky, Paul Krugman, William Lazonick, Gregg Lewis, Richard R. Nelson and Sidney G. Winter, Mancur Olson, Nathan Rosenberg, Thomas Schelling, Vernon Smith, Robert A. Solo, Joseph Stiglitz, Richard Thaler, Lester Thurow and Oliver E. Williamson. The emphasis of the collection is on both the quality and diversity of the work - of different ways of doing economics as it is presently practised. Warren J. Samuels has brought together a series of original essays written by economists who are distinguished in their own right. Historians of economic thought, methodologists, general economists and specialists in the fields represented by the subjects will welcome American Economists of the Late Twentieth Century as a significant contribution to our understanding of contemporary American economic scholarship.

The history of economics comprises the accumulated capital of the discipline; its study permits both the retrieval of important ideas and the conduct of analysis which places present day work in context. The essays in this book demonstrate some of the variety of uses to which the history of economics, as a sub-discipline, can be put.Economic Thought and Discourse in the 20th Century commences with an essay on John R. Hicks, one of the leading economic theorists of the twentieth century and a writer with much to say about the nature of economic theory and the functions of the history of economic thought. An essay on Thorstein Veblen examines a figure who is at once both idiosyncratic and monumental, and whose work on war and peace is seen both to have been deeply prescient at the time it was written, and to be critically relevant at the close of the twentieth century. The third piece in this collection is a study of the discursive and interpretative structure of Alfred Marshall's Principles of Economics. More than a century after its publication, the Principles is widely regarded as one of the most important, and immediately influential, works of economic science ever written. Yet, it is argued, Marshall's use of language and argument may well have been equal in importance to the analytical techniques which he demonstrated. The concluding essay on the early journal history of law and economics places in perspective much of the contemporary work in this area and suggests that more could be expected from a field with such a rich and suggestive history. These essays will make significant contributions both to their respective subjects and to the historiography of economics.

Most of the existing literature on European history of economic thought concentrates on the major works of leading figures such as von Bohm-Bawerk, Menger, Pareto, Walras, Weber and Wicksell. These economists exerted enormous influences on the development of economics, despite their differing theories and approaches. Yet, there were many other economists whose contribution to the field has not been described in existing literature. This book resurrects these forgotten economists and presents 17 specially commissioned essays on their lives and contributions to economics. As such this book presents a fuller picture of the development of economics in Europe during the late 19th and early 20th century.The authors examine the economists' original ideas, and discuss how their work contributed to the development of economic thought. In addition the contributors look at the spread of ideas, of their acceptance or rejection, which can be explained partly by physical and linguistic or national isolation. They also consider influences on economic thought both between and within countries, and of other disciplines on economics; and as a consequence a sense of national identity in the practice of economics is developed. Finally, the authors present ideas on the path-dependent process of the development of economics and of the alternative paths that were around at the time, as well as on the origins of econometrics and differing attitudes towards statistical and mathematical approaches. This long-overdue addition to the literature will be welcomed by historians of economic thought, those studying the lives of economists as well as those interested in the philosophy and evolution of economics.

The Economy as Process of Valuation sheds new light on the potential benefits of concept and theory formation along dynamic and evolutionary lines for understanding economic processes. The emphasis is on aspects of the economy as a process of valuation rather than as a mechanistic result of transcendental forces yielding unique determinate results.The book begins by examining instrumentalism and the process of valuation, arguing that to choose involves the process of valuation. It then focuses on Coases's work on institutions and considers the implications for a variety of subjects including the theory of the firm and the theory and policy of externalities - all aspects of the economy as a process of valuation. This is followed by analyses of the concepts of coercion and cost in economics, with special reference to one agent's interest being another agent's cost. Each elicits key aspects of analysis, valuation and the complexities and conflictual nature of valuation processes and structures. Finally, Kenneth Boulding's work on 'The Image' is examined, arguing that definitions of reality and values derive, in part from language.

Research on the economic origins of democracy and dictatorship has shifted away from the impact of growth and turned toward the question of how different patterns of growth - equal or unequal - shape regime change. This book offers a new theory of the historical relationship between economic modernization and the emergence of democracy on a global scale, focusing on the effects of land and income inequality. Contrary to most mainstream arguments, Ben W. Ansell and David J. Samuels suggest that democracy is more likely to emerge when rising, yet politically disenfranchised, groups demand more influence because they have more to lose, rather than when threats of redistribution to elite interests are low.

This book provides a framework for analyzing the impact of the separation of powers on party politics. Conventional political science wisdom assumes that democracy is impossible without political parties, because parties fulfill all the key functions of democratic governance. They nominate candidates, coordinate campaigns, aggregate interests, formulate and implement policy, and manage government power. When scholars first asserted the essential connection between parties and democracy, most of the world s democracies were parliamentary. Yet by the dawn of the twenty-first century, most democracies had directly elected presidents. Given this, if parties are truly critical to democracy, then a systematic understanding of how the separation of powers shapes parties is long overdue. David J. Samuels and Matthew S. Shugart provide a theoretical framework for analyzing variation in the relationships among presidents, parties, and prime ministers across the world s democracies, revealing the important ways that the separation of powers alters party organization and behavior thereby changing the nature of democratic representation and accountability.

This coherent collection of previously published and unpublished papers also includes a specially written introduction by Warren Samuels. The book examines some of the fundamental issues in political economy in a non-judgemental and non-ideological way. The political economy is a process of decision making and these papers attempt to identify the deepest levels of conduct of collective choice. These include official and private government, the 'rule of law', the nature of property, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics. After an objective reading of these essays, no reader should look at government, globalization, rule of law, constitutions, and revolution in quite the same way.

This collection of 22 commissioned essays from scholars across numerous fields responded to the question: What are the most fundamental things you can say concerning the interrelations between the institutions of government and property? Contributing authors were asked to address this question in a positive analysis and that their essay penetrate to the deepest (most fundamental) levels of property-government organization. Their contributions are illuminating.

The history of economic thought has always attracted some of the brightest minds in the discipline. These chroniclers of development have helped form our current views, and it is no surprise that many among them have been at the forefront of new movements in the history of ideas. This notable collection summarizes the work of these key historians of economics and attempts to quantify their impact. Some of the writers covered, such as Friedrich Hayek and Joan Robinson, are already assured of their place among the greatest economists of the twentieth century, but the collection also stresses the influence of those still active in shaping our perceptions - including Mark Blaug, Samuel Hollander and Donald Winch. Written by an impressive roster of contributors, many of whom are themselves well-known in the history of economic thought, this key book features writings from John Creedy, Roger Blackhouse and Neil De Marchi, as well as the editors of the collection as a whole, Warren J. Samuels and Steven Medema.

Under the impressive editorship of Warren Samuels et al, this book addresses the state of the history of economic thought today. An important contribution to the study of the history of economics, this eagerly-awaited book will develop an unsurprisingly large following.

Sovereignty is the subject of many debates in international relations. Is it the source of state authority or a description of it? What is its history? Is it strengthening or weakening? Is it changing, and how? This book addresses these questions, but focuses on one less frequently addressed: what makes state sovereignty possible? The Sovereignty Cartel argues that sovereignty is built on state collusion - states work together to privilege sovereignty in global politics, because they benefit from sovereignty's exclusivity. This book explores this collusive behavior in international law, international political economy, international security, and migration and citizenship. In all these areas, states accord rights to other states, regardless of relative power, relative wealth, or relative position. Sovereignty, as a (changing) set of property rights for which states collude, accounts for this behavior not as anomaly (as other theories would) but instead as fundamental to the sovereign states system.

This collection of 22 commissioned essays from scholars across numerous fields responded to the question: What are the most fundamental things you can say concerning the interrelations between the institutions of government and property? Contributing authors were asked to address this question in a positive analysis and that their essay penetrate to the deepest (most fundamental) levels of property-government organization. Their contributions are illuminating.

The history of economic thought has always attracted some of the brightest minds within the discipline as a whole. These chroniclers of the discipline's development have helped form our view of it, and it is no surprise that many among them have been at the forefront of new movements in the history of ideas.
This collection summarizes the work of these key historians of economics and attempts to quantify their impact. The collection is authored by an impressive list of contributors, many of whom are themselves well-known in the history of economic thought.

eBook available with sample pages: 0203513533

Vilfredo Pareto was one of the great systems theorists of the 20th century, embracing economics, psychology, sociology and politics. In this work, Michael McLure takes as his subject of study the rapport between Pareto's economic and sociological theories, and consequently illuminates the role of economics in public policy development. A central theme running through this book is the overarching role of the "mechanical analogy" in all of Pareto's work. Important aspects and implications of Pareto's work considered by the author include: relations between pure economic theory and general sociology; the problem of collective economic welfare; the juxtaposition of Pareto's political sociology to Buchanan's public choice/constitutional economics; Pareto and methodology; and implications for public policy and government

Presents the author's alternative monetary theory and macroeconomics to both the quality theory and Keynes's work. This text reveals Means's view of the economic processes in the real world, and the state of monetary and macroeconomics theory in the mid-1940's.

Presents the author's alternative monetary theory and macroeconomics to both the quality theory and Keynes's work. This text reveals Means's view of the economic processes in the real world, and the state of monetary and macroeconomics theory in the mid-1940s.

Vilfredo Pareto was one of the great systems theorists of the twentieth century, embracing economics, psychology, sociology and politics. In this important work, Michael McLure takes as his subject of study the rapport between Pareto's economic and sociological theory, and consequently, illuminates the role of economics in public policy development.

From the ancients to the moderns, questions of economic theory and policy have been an important part of intellectual and public debate, engaging the attention of some of history's greatest minds. This book brings together readings from more than two thousand years of writings on economic subjects. Through these selections, the reader can see first-hand how the great minds of past grappled with some of the central social and economic issues of their times and, in the process, enhanced our understanding of how economic systems function. This collection of readings covers the major themes that have preoccupied economic thinkers throughout the ages, including price determination and the underpinnings of the market system, monetary theory and policy, international trade and finance, income distribution, and the appropriate role for government within the economic system. These ideas unfold, develop, and change course over time at the hands of scholars such as Aristotle, St. Thomas Aquinas, John Locke, Francois Quesnay, David Hume, Adam Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, Karl Marx, William Stanley Jevons, Alfred Marshall, Irving Fisher, Thorstein Veblen, John Maynard Keynes, Milton Friedman, and Paul Samuelson. Each reading has been selected with a view to both enlightening the reader as to the major contributions of the author in question and to giving the reader a broad view of the development of economic thought and analysis over time. This book will be useful for students, scholars, and lay people with an interest in the history of economic thought and the history of ideas generally.

Sovereignty is the subject of many debates in international relations. Is it the source of state authority or a description of it? What is its history? Is it strengthening or weakening? Is it changing, and how? This book addresses these questions, but focuses on one less frequently addressed: what makes state sovereignty possible? The Sovereignty Cartel argues that sovereignty is built on state collusion - states work together to privilege sovereignty in global politics, because they benefit from sovereignty's exclusivity. This book explores this collusive behavior in international law, international political economy, international security, and migration and citizenship. In all these areas, states accord rights to other states, regardless of relative power, relative wealth, or relative position. Sovereignty, as a (changing) set of property rights for which states collude, accounts for this behavior not as anomaly (as other theories would) but instead as fundamental to the sovereign states system.

Realism and constructivism are often viewed as competing paradigms for understanding International Relations, but a number of scholars are now arguing that the two are compatible. This volume, from one of the leading proponents of realist constructivism, combines both exposition and critique of realist constructivist approaches with a series of international case studies to show what realist constructivist research can look like in practice.

Under the impressive editorship of Warren Samuels et al, this book addresses the state of the history of economic thought today. An important contribution to the study of the history of economics, this eagerly-awaited book will develop an unsurprisingly large following.

Realism and constructivism, two key contemporary theoretical approaches to the study of international relations, are commonly taught as mutually exclusive ways of understanding the subject. Realist Constructivism explores the common ground between the two, and demonstrates that, rather than being in simple opposition, they have areas of both tension and overlap. There is indeed space to engage in a realist constructivism. But at the same time, there are important distinctions between them, and there remains a need for a constructivism that is not realist, and a realism that is not constructivist. Samuel Barkin argues more broadly for a different way of thinking about theories of international relations, that focuses on the corresponding elements within various approaches rather than on a small set of mutually exclusive paradigms. Realist Constructivism provides an interesting new way for scholars and students to think about international relations theory.

By the time of the interwar years the varied approaches often grouped together under the banner of Institutionalism had become firmly established as one of the most influential schools of thought in American economics. This is a collection of writings on the topic.