Sir James Steuart is a pivotal figure in the emergence of classical economics. His seminal Principles of Political Economy (1767) made major contributions to the understanding of such areas as population, the balance of payments, monetary theory and agricultural policy. This text addresses all aspects of Steuart's contribution to economics. In exploring Steuart's role in the history of economic thought, contributors: examine the intellectual context of his work; re-evaluate his influence; offer analyses of Steuart's economic thought; and discuss the relevance of his ideas to policy issues....

This book sheds light on some of the most recent developments in monetary analysis which offer a theoretical framework for a renewed monetary approach and related policy extensions. It points to recent research on what a consistent and broad-scope monetary theory could be based in the twenty-first century. It highlights new interpretations of monetary theory as put forth by some leading economists since the eighteenth century and new developments in the analysis of current monetary issues.

The Economics of James Steuart reveals the particular importance of Steuart's work on monetary issues and highlights ways in which he prepared the ground for a new conception of economic relations. Featuring the work of an international team of leading scholars, this volume will be essential reading for those studying or researching the history of economic thought.

This book sheds light on some of the most recent developments in monetary analysis which offer a theoretical framework for a renewed monetary approach and related policy extensions. It points to recent research on what a consistent and broad-scope monetary theory could be based in the twenty-first century. It highlights new interpretations of monetary theory as put forth by some leading economists since the eighteenth century and new developments in the analysis of current monetary issues.