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In this book, originally published in 1937, Jacob Viner traces, in
a series of studies of contemporary source-material, the evolution
of the modern orthodox theory of international trade from its
beginnings in the revolt against English mercantilism in the 17th
and 18th centuries, through the English currency and tariff
controversies of the 19th century, to the late 20th century. The
author offers a detailed examination of controversies in the
technical literature centering on important propositions of the
classical and neo-classical economists relating to the theory of
the mechanism of international trade and the theory of gain from
trade.
In this book, originally published in 1937, Jacob Viner traces, in
a series of studies of contemporary source-material, the evolution
of the modern orthodox theory of international trade from its
beginnings in the revolt against English mercantilism in the 17th
and 18th centuries, through the English currency and tariff
controversies of the 19th century, to the late 20th century. The
author offers a detailed examination of controversies in the
technical literature centering on important propositions of the
classical and neo-classical economists relating to the theory of
the mechanism of international trade and the theory of gain from
trade.
The essays in this book were originally presented by Professor
Viner as the 1966 Jayne Lectures of the American Philosophical
Society. The relationship between religious doctrines and economic
theory and behavior had long interested Professor Viner, and the
conclusions he discussed represented years of thoughtful study.
They focus in particular on the way in which providence was used to
justify existing economic and social conditions. The author points
out that providence favors trade among peoples in order to promote
universal brotherhood; providence also creates social inequality
because it is part of the divine plan. Providence designed a world
in which commerce was necessary, in which good business benefited
not only the individual, but all mankind, in which inequality in
rank and income was part of the scheme of things. Why, then, the
evils of over-rigid mercantilism, or selfish profiteering, of
undeserved and hopeless poverty? Professor Viner shows that in
discussing such questions the Fathers of the Church, the
scholastics, the theologians of the seventeenth century, and the
philosophers of the eighteenth laid the foundations for modern
economic thought. Originally published in 1977. The Princeton
Legacy Library uses the latest print-on-demand technology to again
make available previously out-of-print books from the distinguished
backlist of Princeton University Press. These editions preserve the
original texts of these important books while presenting them in
durable paperback and hardcover editions. The goal of the Princeton
Legacy Library is to vastly increase access to the rich scholarly
heritage found in the thousands of books published by Princeton
University Press since its founding in 1905.
Ranking among the most distinguished economists and scholars of his
generation, Jacob Viner is best remembered for his work in
international economics and in the history of economic thought.
Mark Blaug, in his Great Economists Since Keynes (Cambridge, 1985)
remarked that Viner was "quite simply the greatest historian of
economic thought that ever lived." Never before, however, have
Viner's important contributions to the intellectual history of
economics been collected into one convenient volume. This book
performs this valuable service to scholarship by reprinting Viner's
classic essays on such topics as Adam Smith and laissez-faire, the
intellectual history of laissez-faire, and power versus plenty as
an objective of foreign policy in the seventeenth and eighteenth
centuries. Also included are Viner's penetrating and previously
unpublished Wabash College lectures. "Jacob Viner was one of the
truly great economists of this century as both teacher and scholar.
This collection ...covers a wide range with special emphasis on the
history of thought. Today's economists will find [the essays] just
as thought-provoking and as illuminating as did his contemporaries.
They have aged very well indeed."--Milton Friedman, Hoover
Institution "Jacob Viner was a great and original economic
theorist. What is rarer, Viner was a learned scholar. What is still
rarer, Viner was a wise scientist. This new anthology of his
writings on intellectual history is worth having in every
economist's library--to sample at intervals over the years in the
reasoned hope that Viner's wisdom will rub off on the reader and
for the pleasure of his writing."--Paul A. Samuelson, MIT "I am
frankly jealous of those who will be reading Viner's essays for the
first time, marvelling at his learning, amused by his dry wit,
instructed by his wisdom. But although I cannot share their joy of
discovery, I shall be able to savor the subtleties that emerge from
rereading these splendid essays."--George J. Stigler, University of
Chicago "This volume will be a treat for the reader who appreciates
scholarship, felicitous use of language, and the workings of a
great mind. The Wabash lectures are gems, and the introduction by
Douglas Irwin contributes significantly to our understanding of
Viner's accomplishments."--William J. Baumol, Princeton
University/New York University Originally published in 1991. The
Princeton Legacy Library uses the latest print-on-demand technology
to again make available previously out-of-print books from the
distinguished backlist of Princeton University Press. These
editions preserve the original texts of these important books while
presenting them in durable paperback and hardcover editions. The
goal of the Princeton Legacy Library is to vastly increase access
to the rich scholarly heritage found in the thousands of books
published by Princeton University Press since its founding in 1905.
The essays in this book were originally presented by Professor
Viner as the 1966 Jayne Lectures of the American Philosophical
Society. The relationship between religious doctrines and economic
theory and behavior had long interested Professor Viner, and the
conclusions he discussed represented years of thoughtful study.
They focus in particular on the way in which providence was used to
justify existing economic and social conditions. The author points
out that providence favors trade among peoples in order to promote
universal brotherhood; providence also creates social inequality
because it is part of the divine plan. Providence designed a world
in which commerce was necessary, in which good business benefited
not only the individual, but all mankind, in which inequality in
rank and income was part of the scheme of things. Why, then, the
evils of over-rigid mercantilism, or selfish profiteering, of
undeserved and hopeless poverty? Professor Viner shows that in
discussing such questions the Fathers of the Church, the
scholastics, the theologians of the seventeenth century, and the
philosophers of the eighteenth laid the foundations for modern
economic thought. Originally published in 1977. The Princeton
Legacy Library uses the latest print-on-demand technology to again
make available previously out-of-print books from the distinguished
backlist of Princeton University Press. These editions preserve the
original texts of these important books while presenting them in
durable paperback and hardcover editions. The goal of the Princeton
Legacy Library is to vastly increase access to the rich scholarly
heritage found in the thousands of books published by Princeton
University Press since its founding in 1905.
Ranking among the most distinguished economists and scholars of
his generation, Jacob Viner is best remembered for his work in
international economics and in the history of economic thought.
Mark Blaug, in his Great Economists Since Keynes (Cambridge, 1985)
remarked that Viner was "quite simply the greatest historian of
economic thought that ever lived." Never before, however, have
Viner's important contributions to the intellectual history of
economics been collected into one convenient volume. This book
performs this valuable service to scholarship by reprinting Viner's
classic essays on such topics as Adam Smith and laissez-faire, the
intellectual history of laissez-faire, and power versus plenty as
an objective of foreign policy in the seventeenth and eighteenth
centuries. Also included are Viner's penetrating and previously
unpublished Wabash College lectures. "Jacob Viner was one of the
truly great economists of this century as both teacher and scholar.
This collection .. covers a wide range with special emphasis on the
history of thought. Today's economists will find the essays] just
as thought-provoking and as illuminating as did his contemporaries.
They have aged very well indeed."--Milton Friedman, Hoover
Institution "Jacob Viner was a great and original economic
theorist. What is rarer, Viner was a learned scholar. What is still
rarer, Viner was a wise scientist. This new anthology of his
writings on intellectual history is worth having in every
economist's library--to sample at intervals over the years in the
reasoned hope that Viner's wisdom will rub off on the reader and
for the pleasure of his writing."--Paul A. Samuelson, MIT "I am
frankly jealous of those who will be reading Viner's essays for the
first time, marvelling at his learning, amused by his dry wit,
instructed by his wisdom. But although I cannot share their joy of
discovery, I shall be able to savor the subtleties that emerge from
rereading these splendid essays."--George J. Stigler, University of
Chicago "This volume will be a treat for the reader who appreciates
scholarship, felicitous use of language, and the workings of a
great mind. The Wabash lectures are gems, and the introduction by
Douglas Irwin contributes significantly to our understanding of
Viner's accomplishments."--William J. Baumol, Princeton
University/New York University
Originally published in 1991.
The Princeton Legacy Library uses the latest print-on-demand
technology to again make available previously out-of-print books
from the distinguished backlist of Princeton University Press.
These paperback editions preserve the original texts of these
important books while presenting them in durable paperback
editions. The goal of the Princeton Legacy Library is to vastly
increase access to the rich scholarly heritage found in the
thousands of books published by Princeton University Press since
its founding in 1905.
Jacob Viner's The Customs Union Issue was originally published in
1950 by the Carnegie Endowment for International Peace. It set the
framework for the contemporary debate over the benefits or
otherwise of preferential trading agreements such as the European
Union, NAFTA, and APEC. Viner developed the concepts of trade
creation and diversion in this work as he pioneered the analysis of
the global politics of trade agreements. This revival of Viner's
classic work includes an introduction that places this book in the
context of his life's work and the post-WWI economic and political
situation. The introduction also traces the reception of Viner's
work and discusses its continuing relevance for international
economists, political scientists, and historians.
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