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The Political Economy of Mercantilism by Lars Magnusson Pdf
Since the days of Adam Smith, Mercantilism has been a hotly debated issue. Condemned at the end of the 18th century as a "false" system of economic thinking and political practice, it has returned paradoxically to the forefront in regard to issues such as the creation of economic growth in developing countries. This concept is often used in order to depict economic thinking and economic policy in early modern Europe; its meaning and content has been highly debated for over two hundred years. Following on from his 1994 volume Mercantilism – The Shaping of an Economic Language, this new book from Lars Magnusson presents a more synthetic interpretation of Mercantilism not only as a theoretical system, but also as a system of political economy. This book incorporates samples of material from the 1994 publication alongside new material, ordered in a new set of chapters and up-date discussions on mercantilism up to the present day. Tracing the development of a particular political economy of Mercantilism in a period of nascent state making in Western and Continental Europe from the 16th to the 18th century, the book describes how European rulers regarded foreign trade and industrialisation as a means to achieve power and influence amidst international competition over trades and markets. Returning to debates concerning whether Mercantilism was a system of power or of wealth, Magnusson argues that it is in fact was both, and that contemporaries almost without exception saw these goals as interconnected. He also emphasises that Mercantilism was an all-European issue in a time of trade wars and the struggle for international power and recognition. In examining these issues, this book offers an unrivalled modern synthesis of Mercantilist ideas and practices.
The World of Economics by John Eatwell,Murray Milgate,Peter Newman Pdf
What are the central questions of economics and how do economists tackle them? This book aims to answer these questions in 100 essays, written by economists and selected from "The New Palgrave: A Dictionary of Economics". It shows how economists deal with issues ranging from trade to taxation.
Ever since the Physiocrats and Adam Smith, mercantilism or 'the mercantile system' have been described as the opposite of classical political economy. This view is very much brought into question by the current book. It argues that the sharp distinction between mercantilism and 19th century laissez-faire economics has obscured the meaning, content and contribution of the former. This book presents a full-scale account of the development of mercantilism as a trend of economic thought during the 17th and 18th centuries. Instead of accepting existing interpretations, it begins with the most fundamental questions: What was mercantilism? Did it have a central message? Was it really a coherent school of thought? A central theme of the book is its critique of narrow definitions of its subject. Mercantilism must be understood as a series of written texts appearing in a particular political and economic context, rather than as an all-embracing system of economic thought. Within this context a language and vocabulary of economics was developed that was an essential precondition for the subsequent growth of economic thought and knowledge. In this sense mercantilism was much more modern than has been previously appreciated.
This collection of papers reflects the variety of interpretations and definitions connected with the concept of `mercantilism' which have evolved historically during the last two centuries. They range from interpretations of `mercantilistic' ideas to interpretations of policies. They stress the relationship between economic, social and political ideas and range from the 17th to the late 20th century. Lastly, they provide us with more knowledge of specific national cases as well as a discussion of mercantilism as a general phenomenon.
Mercantilism Reimagined by Philip J. Stern,Carl Wennerlind Pdf
This volume of collected essays takes a new approach to this problematic subject by rethinking its broad foundations. From a variety of perspectives, its authors situate mercantilism against the backdrop of wider transformations in seventeenth-century Britain, Europe, and the Atlantic, from the scientific revolution to the expansion of empire.--
Eli Heckscher's Mercantilism is a classic work in the history of economic thought, economic history and international economics. A pioneer in both economic history and trade theory, Heckscher brought a unique breadth to this study. Covering all of the major European countries, the book explores the content and significance of mercantilist ideas over nearly two centuries. Acknowledging the difficulties involved in defining mercantilism, Heckscher nonetheless succeeded in identifying a set of its key characteristics. Now available for the first time in many years, Mercantilism remains singularly relevant to a world preoccupied with maintaining its trading order. Hecksher's full text, notes and supporting material are supplemented by a new introduction by Lars Magnusson which discusses the origin, content and impact of the book.
The Economic Turn by Steven Kaplan,Sophus Reinert Pdf
The mid-eighteenth century witnessed what might be dubbed an economic turn that resolutely changed the trajectory of world history. The discipline of economics itself emerged amidst this turn, and it is frequently traced back to the work of François Quesnay and his school of Physiocracy. Though lionized by the subsequent historiography of economics, the theoretical postulates and policy consequences of Physiocracy were disastrous at the time, resulting in a veritable subsistence trauma in France. This galvanized relentless and diverse critiques of the doctrine not only in France but also throughout the European world that have, hitherto, been largely neglected by scholars. Though Physiocracy was an integral part of the economic turn, it was rapidly overcome, both theoretically and practically, with durable and important consequences for the history of political economy. The Economic Turn brings together some of the leading historians of that moment to fundamentally recast our understanding of the origins and diverse natures of political economy in the Enlightenment.
The Modern World-System II by Immanuel Wallerstein Pdf
"The Modern World System", Immanuel Wallerstein's influential multivolume reinterpretation of global history, traces the emergence and development of the modern world from the sixteenth century to the twentieth. -- From publisher's description.
On the History of Economic Thought by A. W. Bob Coats Pdf
Following an introduction to the key ideas of Coats, this work focuses on two themes: the difference between British and American economics, both in content and in the practice of the profession; and the interrelationships between economic ideas, events (or conditions) and policy issues.
An illuminating look at the concepts of race, nation, and equality in eighteenth-and nineteenth-century America, The idea that "all men are created equal" is as close to a universal tenet as exists in American history. In this hard-hitting book, David Kazanjian interrogates this tenet, exploring transformative flash points in early America when the belief in equality came into contact with seemingly contrary ideas about race and nation. The Colonizing Trick depicts early America as a white settler colony in the process of becoming an empire--one deeply integrated with Euro-American political economy, imperial ventures in North America and Africa, and pan-American racial formations. Kazanjian traces tensions between universal equality and racial or national particularity through theoretically informed critical readings of a wide range of texts: the political writings of David Walker and Maria Stewart, the narratives of black mariners, economic treatises, the personal letters of Thomas Jefferson and Phillis Wheatley, Charles Brockden Brown's fiction, congressional tariff debats, international treaties, and popular novelettes about the U.S.-Mexico War and the Yucatan's Caste War. Kazanjian shows how emergent racial and national formations do not contradict universalist egalitarianism; rather, they rearticulate it, making equality at once restricted, formal, abstract, and materially embodied.
Author : Jonathan I. Israel Publisher : Liverpool University Press Page : 289 pages File Size : 54,7 Mb Release : 1997-11-01 Category : History ISBN : 9781909821361
European Jewry in the Age of Mercantilism, 1550-1750 by Jonathan I. Israel Pdf
‘A beautiful work of scholarship and synthesis that should immediately become a standard text . . . For the first time, the history of early modern European Jewry is presented as a coherent whole and in a form recognizable to non-Jewish scholars, adhering to all of the standards of scholarship . . . [a] sparkling book.’ David S. Katz, English Historical Review ‘An ambitious and much needed study of Jewish life and culture in the context of Europe’s intellectual and religious history . . . To this he has brought his own sharply critical judgement and a highly original interpretative theory . . . highly stimulating.’ Henry Roseveare, Economic History Review The first edition of this book was the joint winner of the Wolfson Literary Prize for History in 1986. For this third edition, the book has been updated and includes a new introduction.
This volume presents critical writings on the work of the later mercantilists. Sir Josiah Child was elected a governor of the East India Company in 1681. His reputation as an economist rests on his book 'A New Discourse of Trade' published in 1693. His work stimulated a wide range of discussion of such topics as interest rates, population, wage policy, poor relief and colonization. Despite many liberal elements in his thinking, he was a typical Mercantilist in his preference for administrative solutions to economic problems. John Locke, best known for his work on political philosophy, made a major contribution to the debate on the rate of interest in his essay 'Some Considerations of the Consequences of the Lowering of Interest and Raising the Value of Money' (1692). The central theme of that pamphlet was that the rate of interest, being the price for the hire of money, is determined by the demand for and supply of money, which Parliament is powerless to affect. Locke's other major contribution to economic thought was the so called labour theory of private property contained in the 'Two Treaties on Government' (1690), a classic in the history of political philosophy.
Handbook of Organization Theory and Management by Forrest Clark,A.B. Lorenzoni Pdf
Few subjects are more influenced by philosophy than the form of governance that guides and administers public affairs, yet much of the literature about public administration remains silent about this connection. Handbook of Organization Theory and Management: The Philosophical Approach, Second Edition identifies and discusses many of the mos