Richard Cantillon is one of the key figures in the early history of economics. He was certainly not the first to think about economic problems, but he was the first to have clear insight into the way the economy functions as a system. He was arguably the first to structure a theory of how the economy works. In this sense he could be called the first real economist. Today, his ideas on population, determination of prices, wages and interest, the role of the entrepreneur, banking, and the influence of money supply on the economy are increasingly quoted and appreciated. This is a translation of...
Richard Cantillon is one of the key figures in the early history of economics. He was certainly not the first to think about economic problems, but he...
W. Stanley Jevons was a central figure linking political economy with social policy, and The State in Relation to Labour is the quintessential product of that fusion. Jevons reviews how legislation enacted for the protection of labor re-established the social contract on a new industrial footing. The concept of industrial partnership insured that the state continued to hold a monopoly of power while taking account of rising labor agitation. Jevons' scholarly brilliance is evident in this pathbreaking work on economics and policy construction.
The State in Relation to...
W. Stanley Jevons was a central figure linking political economy with social policy, and The State in Relation to Labour is the quintessen...
The Chicago School of Economics is arguably the most successful and influential since World War II. This volume provides an interpretation of the Chicago school through constructive critique of its doctrines. It is an inquiry into the nature, role, and significance of the school and its doctrines within both the economics profession and the larger world of ideas and action. This volume offers a deeper understanding of the school, of its strengths and weaknesses, and of the tasks of any body of thought that hopes to comprise an alternative.
The Chicago School of Economics is arguably the most successful and influential since World War II. This volume provides an interpretation of the ...
In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remains an equalizing force in the labor markets, and the chain store is the best answer to the market power of big food companies. This work remains an essential guidepost of American mores as well as that as of the American economy.
In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The ...
Economists and the Economy combines economic history and a history of economics. The work covers both major historical events, such as the English Civil War, the Industrial Revolution, and the Great Depression, and intellectual developments in economic thought. Among the theories examined are neoclassical growth theory, the Harrod-Domar model, the Cambridge capital controversy, and statistical research. Backhouse seeks to explain how economic theories are formed in response to specific incidents affecting economic events. Backhouse claims that although advances in economic theory have been...
Economists and the Economy combines economic history and a history of economics. The work covers both major historical events, such as the English Civ...
Following in the tradition of Thorstein Veblen's Higher Learning in America, Lionel S. Lewis has amassed solid evidence to support his conclusions about what leads to success in Scaling the Ivory Tower. As background to his consideration of academic freedom, sexism, merit, tenure, and other such highly charged subjects, Lewis examines the attitudes of those in universities toward academic qualification. The modern rule of thumb has become publish or perish. According to Lewis, however, research and publication may not be such prime considerations after all.
Two...
Following in the tradition of Thorstein Veblen's Higher Learning in America, Lionel S. Lewis has amassed solid evidence to support his con...
