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Adopting a view of utilitarian ethics in which motivation in the
public interest takes on greater weight than is generally
appreciated, this book explores the extent to which the philosophy
of Immanuel Kant is consistent with this nuanced version of
utilitarianism. Kant's requirement that full ethical merit needs an
agent to act purely 'from duty' to forward 'the universal end of
happiness' rather than from a personal inclination to achieve that
end clearly distinguishes his position from the version of
utilitarian ethics adopted here. But this book also demonstrates,
by reference to his formal ethical works and his lectures on ethics
and anthropology, Kant's approval of a secondary category of
conduct - conduct 'in conformity with' duty - entailing
other-regarding or 'sympathetic' motivation to advance general
happiness, differing from the utilitarian position only in its
meriting a qualified degree of ethical credit. After comparing Kant
with eighteenth-century utilitarian writers from Locke to Smith,
and also with Bentham and Malthus, the book evaluates reactions to
Kant by J.S. Mill and Karl Marx and proposes Michel de Montaigne
(1533-1592) as a 'precursor' for maintaining a 'Kantian' doctrine
of conduct 'from duty' and for other shared features. In terms of
public policy, the work demonstrates Kant's justification of poor
relief and reduced inequality, his proposal for a state education
plan and his opposition to paternalism. This book provides
essential reading for academic specialists and students concerned
with the interface of political economy and ethics, as well as the
history of economic thought, history of political thought and
intellectual history.
Presents an account and technical assessment of Marx's economic
analysis in Capital, with particular reference to the
transformation and the surplus-value doctrine, the reproduction
schemes, the falling real-wage and profit rates, and the trade
cycle. The focus is on criticisms that Marx himself might have been
expected to face in his day and age. In addition, it offers a
chronological study of the evolution of that analysis from the
early 1840s through three 'drafts': documents of the late 1840s,
the Grundrisse of 1857-1858, and the Economic Manuscripts of
1861-1863. It also provides three studies in application, focusing
on Marx's 'evolutionary' orientation in his evaluation of the
transition to communism and his rejection of 'egalitarianism' under
both capitalist and communist regimes; his evolving perspective on
the role of the industrial 'entrepreneur'; and his evolving
appreciation of the prospects for welfare reform within capitalism.
In this landmark volume, Samuel Hollander presents a fresh and
compelling history of moral philosophy from Locke to John Stuart
Mill, showing that a 'moral sense' can actually be considered
compatible with utilitarianism. The book also explores the link
between utilitarianism and distributive justice. Hollander engages
in close textual exegesis of the works relating to individual
authors, while never losing sight of the intellectual relationships
between them. Tying together the greatest of the British moral
philosophers, this volume reveals an unexpected unity of eighteenth
and nineteenth century ethical doctrine at both the individual and
social level. Essential reading for advanced students and
researchers of the history of economic thought, political economy,
history of ethics, history of political thought and intellectual
history.
Samuel Hollander is widely recognized as one of the most important
and controversial historians of economic thought. This second
volume collects together essays extending beyond classical
economics, the subject with which he is most associated. This
collection includes:
* studies in Scholastic, Smithian and Marshallian literature
* papers on the Corn-Law pamphlet literature of 1815, the
post-Ricardian dissension, and the marginal revolution
* essays on T.R. Malthus, including four bibliographical
studies
The volume also includes an autobiographical section and reviews
of a broad range of important books published in the last thirty
years.
John Stuart Mill: Political Economist is a revised version of the
part of Samuel Hollander's The Economics of John Stuart Mill (1985)
treating the theory of economic policy. In this book, Professor
Hollander offers a critical yet sympathetic analysis of Mill's
quest to accomplish thorough reform of capitalism in the interest
of distributive justice while protecting the security of property
and contemplating the potential evolution of capitalism into
cooperative organization. Part I of the book serves as an
introduction to the investigation of Mill's theory of economic
policy; Parts II and III include Mill's primary policy
recommendations; while Part IV adds a substantial 'Overview and
Evaluation' reviewing the author's main conclusions. A major
concern is Mill's perception of the composition of the 'greatest
number' whose interests are to be considered by policy-makers; here
arises his attitude towards British Imperialism. The author then
undertakes thematic comparisons between the positions of Mill and
those of Smith, Ricardo, Malthus, Marx and Bernstein; and closes
with a rejection of the celebrated criticism of Mill's 'liberalism'
by Friedrich Hayek.
Samuel Hollander's work has been provoking debate for over four
decades. This book brings together key contributions of recent
years, in addition to some brand new pieces. The essays are
introduced by a Preface in which Hollander reflects on his past
work and reactions to it. Highlights include two issues of
particular current relevance. Conspicuous is an extensive chapter
regarding Adam Smith's often neglected arguments for government
intervention in the economy to correct market failures, and his
critical view of the business class as an anti-social force.
Important economists considered in relation to Adam Smith's
position on the role of the state include Jeremy Bentham and the
Scottish-Canadian John Rae. Similarly of high present-day interest
is a re-examination of Karl Marx's theory of exploitation, or the
notion of profits as "embezzlement," demonstrating Marx's effective
abandonment of this perspective in the case of the small active
businessman as distinct from the major joint-stock corporation.
Other papers demonstrate the close intellectual relationship
between David Ricardo and Thomas Robert Malthus; the extensive
common ground between the British school and the French under the
leadership of Jean-Baptiste Say; the failure of a so-called
anti-Ricardian opposition in Britain represented by Samuel Bailey;
and the denial of a sharp discontinuity between "classical" and
later "neo-classical" economics. Finally, several biographical
essays are included as well as an extension of the autobiographical
account appearing in Collected Essays II.
This book, the third in the series of Samuel Hollander's essays,
covers twelve key studies on the economic theory and method of John
Stuart Mill. This volume provides an accessible sourcebook on
Mill's relationship with David Ricardo, and the 'Classical School',
as well as confirming his relevance for modern economics and for
the place of economics within the social sciences.
Samuel Hollander's work has been provoking debate for over four
decades. This book brings together key contributions of recent
years, in addition to some brand new pieces. The essays are
introduced by a Preface in which Hollander reflects on his past
work and reactions to it. Highlights include two issues of
particular current relevance. Conspicuous is an extensive chapter
regarding Adam Smith's often neglected arguments for government
intervention in the economy to correct market failures, and his
critical view of the business class as an anti-social force.
Important economists considered in relation to Adam Smith's
position on the role of the state include Jeremy Bentham and the
Scottish-Canadian John Rae. Similarly of high present-day interest
is a re-examination of Karl Marx's theory of exploitation, or the
notion of profits as "embezzlement," demonstrating Marx's effective
abandonment of this perspective in the case of the small active
businessman as distinct from the major joint-stock corporation.
Other papers demonstrate the close intellectual relationship
between David Ricardo and Thomas Robert Malthus; the extensive
common ground between the British school and the French under the
leadership of Jean-Baptiste Say; the failure of a so-called
anti-Ricardian opposition in Britain represented by Samuel Bailey;
and the denial of a sharp discontinuity between "classical" and
later "neo-classical" economics. Finally, several biographical
essays are included as well as an extension of the autobiographical
account appearing in Collected Essays II.
This book explores the perceived paradigmatic conflict within
British classical economics between the so called 'Ricardo School'
and the contemporary French Economics of Jean-Baptiste Say. Samuel
Hollander provides the reader with extensive evidence, utilizing
all editions of Say's main texts and his lesser-known writings in
order to demonstrate his adherence to much of Ricardian theory.
This intriguing book focuses on selected doctorinal issues and
surrounding debates, and will interest all serious historians of
economic thought, finding a place on the bookshelves of many
economists across the world.
The recent economic crisis in the United States has highlighted a
crisis of understanding. In this volume, Bradley C. S. Watson and
Joseph Postell bring together some of America's most eminent
thinkers on political economy an increasingly overlooked field
wherein political ideas and economic theories mutually inform each
other. Only through a restoration of political economy can we
reconnect economics to the human good. Economics as a discipline
deals with the production and distribution of goods and services.
Yet the study of economics can-indeed must be employed in our
striving for the best possible political order and way of life.
Economic thinkers and political actors need once again to consider
how the Constitution and basic principles of our government might
give direction and discipline to our thinking about economic
theories, and to the economic policies we choose to implement. The
contributors are experts in economic history, and the history of
economic ideas. They address basic themes of political economy,
theoretical and practical: from the relationship between natural
law and economics, to how our Founding Fathers approached
economics, to questions of banking and monetary policy. Their
insights will serve as trusty guides to future generations, as well
as to our own."
This book explores the perceived paradigmatic conflict within
British classical economics between the so called "Ricardo School"
and the contemporary French Economics of Jean-Baptiste Say.
Samuel Hollander provides the reader with extensive evidence,
utilizing all editions of Say's main texts and his lesser-known
writings, in order to demonstrate Say's adherence to much of
Ricardian theory. The book focuses on selected doctrinal issues and
the surrounding debates including:
* Value and distribution with extension to growth theory
* Real income and its measurement with implications for trade and
taxation
* "Law of Markets"
This intriguing book will interest all serious historians of
economic thought and will find a place on the bookshelves of many
economists across the world.
Contents: Preface Acknowledgments 1. Technology and Aggregate Demand in J. S. Mill's Economic System 2. The Role of Fixed Technical Coefficients in the Evolution of the Wages-Fund Controversy 3. Ricardianism, J. S, Mill and the Neo-Classical Challenge 4. On John Stuart Mill's Defence of Ricardian Economics 5. William Whewell and John Stuart Mill on the Methodology of Political Economy 6. `Dynamic Equilibrium' with Constant Wages: J. S. Mill's Malthusian Analysis of the Secular Wage Path 7. J .S. Mill on `Derived Demand' and the Wage-Fund Theory Recantation 8. Exogenous Factors and Classical Economics 9. The Relevance of John Stuart Mill; Some Implications for Modern Economics 10. John Stuart Mill as Economic Theorist 11. Commentary on `John Stuart Mill Interpretation Since Schumpeter' 12. John Stuart Mill's Methods in Principle and Practice: A Review of the Evidence (with Sandra Peart) 13. On J. S. Mill's Defence of Ricardo's Proportionality Theorum: A Longfield Connection?
Samuel Hollander is widely recognized as one of the most important
and controversial historians of economic thought. This second
volume collects together essays extending beyond classical
economics, the subject with which he is most associated. This
collection includes:
* studies in Scholastic, Smithian and Marshallian literature
* papers on the Corn-Law pamphlet literature of 1815, the
post-Ricardian dissension, and the marginal revolution
* essays on T.R. Malthus, including four bibliographical
studies
The volume also includes an autobiographical section and reviews
of a broad range of important books published in the last thirty
years.
This volume contains 21 of Hollander's papers on the economics of
David Ricardo. They explicate and defend against criticism
emanating from conventional marginalists and Neo-Ricardians. The
study perceives of pricing in terms of a theory of the
co-ordination of decentralized economic activities which entails
the interaction of product and factor markets; market processes are
seen as dictating the secular paths of the wage and profit rate
subject to the scarcity of land. The volume includes essays on:
Sraffa's famous rational reconstruction of the early Ricardo in
terms of the corn profit model; responses to the reviewers of The
Economics of David Ricardo; detailed analyses of Ricardian micro
and macro theory; and discussion of Ricardo's reception by his
contemporaries providing further evidence of the so-called
continuity thesis.
Samuel Hollander's interpretation of Ricardo has attracted
apoplectic responses from both Right and Left. This volume collects
together the material needed to evaluate these responses. His basic
position - that Ricardo stands in a continuous analytical line
leading from Adam Smith to Alfred Marshall - is seen to antagonise
both those who argue for a 'marginal revolution' and a sharp divide
between classical and neo-classical economics, and those who want
to champion Ricardo as a forerunner of Sraffa.
This book rejects the commonly encountered perception of Friedrich
Engels as perpetuator of a 'tragic deception' of Marx, and the
equally persistent body of opinion treating him as 'his master's
voice'. Engels' claim to recognition is reinforced by an
exceptional contribution in the 1840s to the very foundations of
the Marxian enterprise, a contribution entailing not only the
'vision' but some of the building blocks in the working out of that
vision. Subsequently, he proved himself to be a sophisticated
interpreter of the doctrine of historical materialism and an
important contributor in his own right. This volume serves as a
companion to Samuel Hollander's The Economics of Karl Marx
(Cambridge University Press, 2008).
In this landmark volume, Samuel Hollander presents a fresh and
compelling history of moral philosophy from Locke to John Stuart
Mill, showing that a 'moral sense' can actually be considered
compatible with utilitarianism. The book also explores the link
between utilitarianism and distributive justice. Hollander engages
in close textual exegesis of the works relating to individual
authors, while never losing sight of the intellectual relationships
between them. Tying together the greatest of the British moral
philosophers, this volume reveals an unexpected unity of eighteenth
and nineteenth century ethical doctrine at both the individual and
social level. Essential reading for advanced students and
researchers of the history of economic thought, political economy,
history of ethics, history of political thought and intellectual
history.
This book rejects the commonly encountered perception of Friedrich
Engels as perpetuator of a 'tragic deception' of Marx, and the
equally persistent body of opinion treating him as 'his master's
voice'. Engels' claim to recognition is reinforced by an
exceptional contribution in the 1840s to the very foundations of
the Marxian enterprise, a contribution entailing not only the
'vision' but some of the building blocks in the working out of that
vision. Subsequently, he proved himself to be a sophisticated
interpreter of the doctrine of historical materialism and an
important contributor in his own right. This volume serves as a
companion to Samuel Hollander's The Economics of Karl Marx
(Cambridge University Press, 2008).
This book presents an account and technical assessment of Marx's
economic analysis in Capital, with particular reference to the
transformation and the surplus-value doctrine, the reproduction
schemes, the falling real-wage and profit rates, and the trade
cycle. The focus is on criticisms that Marx himself might have been
expected to face in his day and age. In addition, it offers a
chronological study of the evolution of that analysis from the
early 1840s through three "drafts": documents of the late 1840s,
the Grundrisse of 1857-1858, and the Economic Manuscripts of
1861-1863. It also provides three studies in application, focusing
on Marx's "evolutionary" orientation in his evaluation of the
transition to communism and his rejection of "egalitarianism" under
both capitalist and communist regimes; his evolving perspective on
the role of the industrial "entrepreneur"; and his evolving
appreciation of the prospects for welfare reform within capitalism.
Throughout, Hollander emphasizes Marx's relation with orthodox
canonical classicism.
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