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Intellectual history of economic normativities
The book investigates the many ways that economic and moral reasoning interact, overlap and conflict both historically and at present. The book explores economic and moral thinking as a historically contingent pair using the concept of economic normativities. The contributors use case studies including economic practices, such as trade and finance and tax and famine reforms in the British colonies to explore the intellectual history of how economic and moral issues interrelate.
Book
The poverty of Clio
The Poverty of Clio challenges the hold that cliometrics--an approach to economic history that employs the analytical tools of economists--has exerted on the study of our economic past. In this provocative book, Francesco Boldizzoni calls for the reconstruction of economic history, one in which history and the social sciences are brought to bear on economics, and not the other way around.
eBook
Why Europe Grew Rich and Asia Did Not
Why Europe Grew Rich and Asia Did Not provides a striking new answer to the classic question of why Europe industrialised from the late eighteenth century and Asia did not. Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies. Their subsequent divergence can be attributed to different competitive and ecological pressures that in turn produced varied state policies and economic outcomes. This account breaks with conventional views, which hold that divergence occurred because Europe possessed superior markets, rationality, science or institutions. It offers instead a groundbreaking rereading of global economic development that ranges from India, Japan and China to Britain, France and the Ottoman Empire and from the textile and coal industries to the roles of science, technology and the state.
eBook
A concise history of economic thought : from mercantilism to monetarism
Gianni Vaggi and Peter Groenewegen present a brief history of economic thought over three centuries. They sketch the history form the seventeenth century to the present day. Each chapter examines the key contributions of a major economist, or group of economists, and concludes with brief suggestions for further reading. The economists covered include Keynes, Marshall, Petty and Jevons, as well as less familiar theorists such as Galiani and Turgot.
Book
The Economic Weapon
The first international history of the emergence of
economic sanctions during the interwar period and the legacy of
this development Economic sanctions dominate the landscape
of world politics today. First developed in the early twentieth
century as a way of exploiting the flows of globalization to defend
liberal internationalism, their appeal is that they function as an
alternative to war. This view, however, ignores the dark paradox at
their core: designed to prevent war, economic sanctions are modeled
on devastating techniques of warfare. Tracing the use of economic
sanctions from the blockades of World War I to the policing of
colonial empires and the interwar confrontation with fascism,
Nicholas Mulder uses extensive archival research in a political,
economic, legal, and military history that reveals how a coercive
wartime tool was adopted as an instrument of peacekeeping by the
League of Nations. This timely study casts an overdue light on why
sanctions are widely considered a form of war, and why their
unintended consequences are so tremendous.
eBook
Economists and societies
\"Economists and Societies is the first book to systematically compare the profession of economics in the United States, Britain, and France, and to explain why economics, far from being a uniform science, differs in important ways among these three countries. Drawing on in-depth interviews with economists, institutional analysis, and a wealth of scholarly evidence, the author traces the history of economics in each country from the late nineteenth century to the present, demonstrating how each political, cultural, and institutional context gave rise to a distinct professional and disciplinary configuration. She argues that because the substance of political life varied from country to country, people's experience and understanding of the economy, and their political and intellectual battles over it, crystallized in different ways - through scientific and mercantile professionalism in the United States, public-minded elitism in Britain, and statist divisions in France. Fourcade moves past old debates about the relationship between culture and institutions in the production of expert knowledge to show that scientific and practical claims over the economy in these three societies arose from different elites with different intellectual orientations, institutional entanglements, and social purposes. Much more than a history of the economics profession, the book is a revealing exploration of American, French, and British society and culture as seen through the lens of their respective economic institutions and the distinctive character of their economic experts.\" Die Untersuchung enthält quantitative Daten. Forschungsmethode: deskriptive Studie; historisch. Die Untersuchung bezieht sich auf den Zeitraum 1890 bis 2000. (author's abstract, IAB-Doku).
eBook
A monetary history of the United States, 1867-1960 (National bureau of economic research)
Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: \"The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental, above all, in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues.\"
Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7,The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January 1965: \"If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger.\"
Milton Friedman won the Nobel Prize in Economics in 2000 for work related toA Monetary Historyas well as to his other Princeton University Press book,A Theory of the Consumption Function(1957).
eBook