Economic history Books

Book SynopsisIn Government Versus the Market, Roger Middleton provides a comprehensive, interdisciplinary and controversial analysis of how Britain's relative economic decline from the late nineteenth century onwards generated an intense debate about the legitimate roles of government and the market. After a thorough analysis of Britain's long-run economic performance in a comparative context, which emphasizes how the problem of decline is frequently misunderstood, and an account of the long-run forces promoting and constraining government growth, he then charts how the economic role of government evolved in response to decline but produced a mix of macroeconomic and microeconomic policies which proved inadequate for the task. This major study emphasizes the institutional and political constraints to economic modernization and uses the specific characteristics of Britain's predicament, a combination of market failure and impotent state, to explain why by 1979 the burgeoning New Right were able to launch an attack upon big government. Dr Middleton then demonstrates how Britain's subsequent economic performance, while brilliantly propagandized as an economic renaissance, has in fact been lacklustre and why the Conservatives' economic strategy failed to address the underlying problems of decline and to reduce the size of the public sector. Government versus the Market brings an unrivalled historical, empirical and theoretical breadth to our understanding of the last century of British economic history as well as a wealth of material on economic performance and public sector growth, and the fullest bibliography yet published on Britain's economic decline.Comprehensive, authoritative and wide-ranging, this extensive study uses a long-term and comparative framework which draws upon the latest research of economists, historians and political scientists to show why successive governments have been unable to halt Britain's relative economic decline. Trade Review'Middleton provides a systematic set of historical and internationally comparative perspectives which will make his book a rich quarry for all teachers and students in the field. . . Middleton's text is most likely to outstay other contenders in his field.' -- Eric Richards, Australian Economic History Review'This is a comprehensive, interdisciplinary and controversial analysis of how Britain's relative economic decline from the late 19th century onwards generated an intense debate about the legitimate roles of government and the market. . . . There is a wealth of material on economic performance and public-sector growth, and a very complete bibliography on Britain's economic decline.' -- International Review of Administrative Science'. . . a highly worthwhile contribution to the literature. Its sheer breadth of carefully employed source material makes it a valuable resource. Middleton has provided a text of interest to the advanced undergraduate and researcher alike, and against the sheer reach of his analysis over such volume he should be praised.' -- Paul Reynolds, Capital & Class'This is an unusual and innovative book . . . a great source of ideas for teaching and research, and Middleton is to be congratulated on his heroic exercise.' -- R. Millward, Economic History Review'. . . this is a most impressive book, providing a mass of information and argument, synthesising huge amounts of material in an accessible way. In short, this is a major contribution to twentieth century British economic history.' -- Jim Tomlinson, Contemporary British History'It is indeed an overwhelming book, bringing together a mass of material and organizing it into a coherent account of economic development and public policy.' -- Keith Tribe, The Manchester SchoolTable of ContentsContents: Preface Part I: Introduction 1. Introduction 2. Government and Market: A Historical and Theoretical Survey 3. The Growth of the Public Sector: An Overview Part II: The Distintegration of the Old Synthesis, 1890–1914 4. The Performance of the Late-Victorian and Edwardian Economy 5. The Growth of Government: The Challenge to laissez-faire 6. Government, ‘National Efficiency’ and the Economy, 1890–1914 Part III: Creeping Collectivism, 1914–1939 7. The Performance of the Interwar Economy 8. War, Mass Unemployment and the Growth of Government between the Wars 9. The Origins of Modern Economic Management: Macroeconomic Potential and Microeconomic Failure Part IV: The Rise and Fall of Keynesian Social Democracy 1939-1979 10. The Performance of the Postwar Economy to 1979 11. The Consolidation of Big Government: The Market Eclipsed and the Growth of the Public Sector 1939–79 12. Postwar Economic Management and Policy Impact to 1979 Part V: Conclusions 13. Conclusions Notes Bibliography Indexes

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Book SynopsisThis timely volume provides a second collection of Thomas Humphrey's papers in the area of the history of economic thought and is a long-awaited companion to his critically acclaimed first volume of essays Money, Banking and Inflation. Unlike the first volume, this book does not focus specifically on traditional central bank concerns but addresses key concepts, theories and tools in the area of money, exchange and production which have proved indispensable to the development of economics. Each essay focuses on a prominent theory or tool, examines its essential elements, identifies its origins and traces its development across a succession of economists, problems, controversies and applications. In this way, the book shows how the history of economic thought can be illustrated through the development of tools and concepts rather than through schools of thought and prominent individuals. This outstanding collection will be invaluable to historians of economic thought as well as to students and scholars of methodology, philosophy and monetary and financial economics.Table of ContentsContents: Preface Part I: Monetary Theory 1. The Origins of Velocity Functions 2. Fisher and Wicksell on the Quantity Theory 3. John Wheatley’s Theory of International Monetary Adjustment Part II: Geometry of Exchange (Trade) and Production 4. When Geometry Emerged: Some Neglected Early Contributions to Offer-Curve Analysis 5. The Early History of the Box Diagram Part III: Algebraic Production Functions 6. Algebraic Production Functions and their uses before Cobb-Douglas Index

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Book SynopsisThis important two volume work includes a comprehensive introduction to the literature by the editors and contains the major articles on economic justice written during the last 50 years.Volume I focuses on the political and philosophical foundations on the economic justice. Volume II places special emphasis on the issues surrounding the implementation and practice of justice in modern economic systems.This authoritative collection will be an essential reference source for students, instructors and researches concerned with the study of economic justice.Table of ContentsContents: Introduction Volume I: Part I: Perspectives Part II: Conceptual Foundations Part III: Models of Economic Justice • Volume II: Part I: Equality Part II: Redistribution Through the Fiscal System Part III: Distributional Preference

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Book SynopsisThis volume offers an impressive collection of scholarly papers which investigate the historical foundations of globalization before 1945. The book explores the effects of the nineteenth century technologies of the railway, the telegraph and the steamship which promoted the globalization process by boosting trade across frontiers and triggering migration of labour and flows of capital to the temperate areas of agriculture. The colonial empires, in particular the British Empire, facilitated the process, as the integration of capital markets and monetary systems and methods of business organization followed trade and labour. The volume also covers the time between the wars, when impediments to trade, migration and currency movements increased and led to a period of deglobalization and divergence.Trade Review'It has been nicely produced by the publishers, who have reprinted the extracts in their original style. It will feature on many reading lists and will be recommended by economic historians to their students . . . It will be conveniently consulted as an alternative source for many scholarly articles in international economic history. It will provide plenty of academic nourishment. . .' -- Robert G. Greenhill, Business HistoryTable of ContentsContents: Part I: The Technology of Nineteenth Century Globalization Part II: Trade, Prices and Globalization Part III: The Monetary System of Globalization, Capital Market Integration and Foreign Debt Part IV: Business and Globalization Part V: Migration and Globalization Part VI: Deglobalization Between the Wars Part VII: Political Economy of Globalization

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Book SynopsisThis major new book contains contributions by many of the leading historians of technology. The contributors argue that culture, institutions and learning either made the way for, or blocked technological and industrial transformation. Their essays include broad comparative frameworks between Europe and Asia, and Europe and America, and examine the specific experiences of Britain, France, Holland, Germany and Scandinavia. Themes addressed include cultures of invention and the learning economy, technological inertia and path dependence, patents and product innovation, and technology, institutions and boundaries.Trade Review'As with any edited collection, the question should be asked: is the sum greater than the separate parts? In this case, the answer is in the affirmative. Many of the chapters are usefully cross-referenced and there is substantial evidence of editorial guidance. There can be little doubt that the empirical material will grace many an undergraduate essay, whilst the more reflective chapters provide essential points of reference for more mature scholars.'Table of ContentsContents: Introduction Part I: Technology, Cultures and Political Economy Part II: Cultures of Invention Part III: Inventors and Products Part IV: Learning, Skills and Boundaries Part V: Law and Institutions Index

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Book SynopsisThis three volume set offers an extensive collection of the most significant articles which investigate the foundations of past and current thinking on regulatory economics. The papers cover more than 150 years of contributions to the subject and range from the earliest discussions of controlled markets to some very recent developments. The emphasis of the volumes is on historical, conceptual and empirical studies of regulation: Volume I is devoted to the origins and development of regulatory theory and practice; Volume II examines contemporary theories of regulation; and Volume III addresses issues related to regulation and deregulation and offers some empirical studies of the effects of regulation in past and present markets.In addition to a comprehensive guide to the articles included in his selection, the editor has also written a scholarly introduction, which provides the reader with a short history of the development of ideas on regulatory economics and the establishment of institutions connected with regulation.Table of ContentsContents: Volume I: Introduction Part I: The Beginnings Part II: Early Theories of Railway Regulation Part III: The Early Theory of Price Discrimination and Regulation Part IV: The Development of Marginal Cost Pricing Part V: Joint Cost and Peak Load Pricing • Volume II: Part I: Cracks in the Mirror Part II: The New Theory of Regulation Part III: Contracts and Franchise Bidding Part IV: Externalities, Market Failure and Regulatory Responses • Volume III: Part I: Contemporary Issues in Regulatory Economics Part II: Regulation and Deregulation Part III: Empirical Studies of Regulatory Effects Part V: Historical Studies of Regulation

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Book SynopsisThis highly original contribution examines one of the most controversial concepts in the history of economics - the true meaning of the Law of Markets. This has been a contentious issue since the publication of Keynes's General Theory, but has also divided economists since it first emerged almost two centuries ago in the writings of James Mill. This book discusses the change in the understanding of the nature of the business cycle wrought by the General Theory whose major innovation in overturning Say's Law was to introduce demand deficiency into mainstream economic thought.The volume provides a robust and innovative exposition of the crucial point of division between classical and Keynesian economics, demonstrating that the role of demand deficiency was the fundamental issue at stake. Steven Kates first discusses Keynes's interpretation of Say's Law before documenting its development within classical theory. He then charts the development of post-General Theory interpretations of Say's Law, challenging Keynes's definition which was captured in the phrase 'supply creates its own demand'. The author also attempts to unravel the vast literature on the progress made by Keynes between his Treatise on Money published in 1930 and the General Theory, published six years later. He suggests that the crucial point in the origins of the General Theory was Keynes's discovery of Malthus's writings on Say's Law at the very depths of the Great Depression in 1932.This provocative book will be required reading for scholars and students interested in the history of economic thought, the history of macroeconomics and the Keynesian revolution.Trade Review'Say's Law and the Keynesian Revolution is a book par excellence. I have never encountered a text that explains the business cycle so cogently and provides a thorough repudiation of Keynesian economics to boot. It is a great contribution to economic literature.'Table of ContentsContents: Introduction 1. Say’s Law in the Structure of the General Theory 2. J.-B. Say, James Mill and Robert Torrens 3. David Ricardo 4. John Stuart Mill 5. Say’s Law in English Classical Theory 6. Say’s Law in the Classical Theory of the Business Cycle 7. Keynes’s Discovery of Say’s Law 8. Influences Deepening Keynes’s Understanding of Say’s Law 9. The Early Post-General Theory Evolution of Say’s Law 10. Modern Interpretations of Say’s Law 11. Critics of the Modern Interpretation 12. Conclusion Appendix Bibliography Index

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Book SynopsisModern theory has greatly influenced our reading of the history of economics. This third volume of Negishi's essays gathers together some of his most significant contributions to this subject, drawing as much from seminal works as from material now rarely obtainable.These essays reconsider economic thought in the light of modern theory, from Smith to Marx, and from Marshall to Keynes. Takashi Negishi discusses contributions made both in classical school and marginal revolution literature which are still significant to modern economic theory, and those heralding from Japan which have lacked exposure in the West.This volume will appeal not only to scholars in the history of economic thought, but more generally will interest those economists who are unsatisfied with the current state of economics.Trade Review'Anyone interested in the rational reconstruction of classical or nonclassical economic thought will find much to interest them here.' -- J.E. King, History of Economic ThoughtTable of ContentsContents: Acknowledgements Introduction Part I: Theory and History Part II: Classical Economics Part III: Marxian Economics Part IV: Neo-Classical and Keynesian Economics Index

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Book SynopsisWarren Samuels's second and concluding selection of essays focuses on early 20th century economists who, while relatively well-known in their times, have tended to be obscured by the more prominent stars of the discipline. It illustrates that economics is more diverse and complex than conventional histories of economic thought tend to identify. In particular it includes contributions on those economists who were not in the mainstream, or, if in the mainstream, practised economics in a somewhat alternative manner. Warren Samuels has assembled a collection of essays on thirteen economists - six German and seven Italian - who remain noteworthy of study to this day. The economists featured in the volume represent a variety of ways of practising economics - theoretical, methodological and policy-orientated - who all contributed to the understanding of economic processes and institutions at the deepest levels.European Economists of the Early 20th Century will appeal to all those with an interest in the philosophy and evolution of economics and to historians of economic thought.Trade Review'. . . one should underline the very high quality of the analytical assessments featuring in most of the papers. . . and, above all, the fact that these 300-odd pages stand out as a real goldmine of hard-to-recover information for historians of twentieth-century economics. In particular, all essays offer excellent bibliographies of the primary and secondary sources on the various economists. . . a remarkable contribution to our discipline.' -- Nicola Giocoli, EH.NetTable of ContentsContents: Editors and Contributors Introduction 1. Constantino Bresciani Turroni: The Eulogy of Monetary Stability 2. Gustavo Del Vecchio: Critical Conscience of the Italian Neoclassical School 3. Giovanni Demaria: An Appraisal of His Methodological and Theoretical Writings 4. Carl Dietzel (1829–1884): A Pioneering and Unorthodox Thinker on Public Debt and Fiscal Policy 5. Between Marx and Marshall: Antonio Graziadei (1873–1953) 6. Rudolf Hilferding 7. Alfred Kähler: A Pioneer of Input–Output Analysis 8. G.F. Knapp: An Economist with Institutional Complexion 9. Emil Lederer: Obstacles to Economic Expansion 10. Achille Loria: His Vision and Economic Analysis 11. Angelo Messedaglia 12. Umberto Ricci: Profile of a Militant Economist 13. Günter Schmölders and the Economics of Prohibition Index

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Book SynopsisIn this ground-breaking book, leading commentators on the Japanese economy analyse both the immediate and deep-seated causes that make a sustained economic recovery in Japan problematic. They debate the deep-rooted structural causes of Japan's decline and assess Japan's faltering financial system before prescribing policies to abate the continuing crisis.Starting with Japan's unanticipated economic collapse in the 1990s, the volume's contributors try to fathom the way forward for a seemingly catatonic economy. The first section deals with the entrenched structural causes of Japan's economic decline and demonstrates why sustained recovery is likely to be difficult. The second section tackles a more immediate difficulty impeding economic recovery - Japan's nearly bankrupt financial system - and discusses how regulators and politicians both helped to cause and can possibly combat this problem. All contributors agree that measures must be taken to ensure the synchronization of political, institutional and cultural structures to guarantee Japan's successful recovery. They are unable to agree on which measures will be effective and feasible. This highly insightful and accessible volume will be of interest to scholars of Japanese studies, financial economics and international economics as well as anyone with an interest in the current Japanese crisis.Trade Review'. . . interesting, informative, and worthwhile reading. This reviewer recommends the book for anyone interested in understanding what happened to Japan in the 1990s.' -- Thomas F. Cargill, Journal of Economic Literature'. . . the publication of Why Did Japan Stumble? . . . is very welcome. In a single location, the reader can sample a wide variety of conflicting explanations, some of them by very influential Japanese thinkers. . . . Those interested in the state of debate among top rank participants would do well to include this book on their reading list.' -- Richard Katz, Journal of Japanese StudiesTable of ContentsContents: 1. The Catatonic Economy Part I: Future Directions 2. Why do I Expect Japan to Collapse? 3. Declining Population, the Size of the Government and the Burden of Public Debt: Some Economic Policy Issues in Japan 4. Japan’s Business Culture and Society Part II: Current Problems 5. Why has the Japanese Economy been Stumbling for so Long? 6. Empirical Determinants of Banking Crises: Japan’s Experience in International Perspective 7. Crisis? What Crisis? The Policy Response to Japan’s Banking Crisis Index

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Book SynopsisThis path breaking book - the first of its kind - critically evaluates the place of women in the development of the neoclassical school of economics. It traces the origin of the school's approach to women and exposes the bias in methodology and discourse which has characterized the school's treatment of women and their place in the capitalist economy. The roots of women's invisibility are sought first in the writings of Adam Smith. The work of John Stuart Mill subsequently allows a study of an isolated attempt to integrate a feminist awareness into economic theory. The limits in Mill's writings are contrasted to the more radical ideas of his feminist contemporaries: Harriet Taylor and Barbara Bodichon. The author then examines the debate on equal pay for men and women which took place between 1890 and 1925. In conclusion she critically evaluates the work of Marshall and Pigou.This book by the late Michele Pujol makes a major contribution both to the history of economic thought and to women's history by exposing the ideological position which informs neoclassical theorizing on women and the contradictions this position creates within the paradigm.Trade Review'This is a book the generalist will want in the university library, if not on the shelf.’ -- Bette Polkinghorn, Journal of the History of Economic Thought'Pujol's book is path-breaking, scholarly and well written. In short review, it is not possible to capture the full force of her arguments and the enormous contribution she makes to the feminist critique of economic thought.' -- Paulette Olson, Journal of Economic Issues'This book, the first of its kind, critically evaluates the place of women in the development of the neoclassical school of economics. It traces the origin of the school's approach to women and exposes the bias in methodology and discourse which has characterized the school's treatment of women and their place in the capitalist economy.' -- J. Purvis, Studies on Women Abstracts'Pujol performs a considerable service in disinterring early feminist writing on economic matters.' -- J.R. Shackleton, The Economic Journal'Michele Pujol's work impresses me as sound and scholarly, and it makes an important contribution to knowledge, since she deals with material that has not previously been examined. Her work is well written and meets the need for a feminist approach to the history of economics.' -- Robert W. Dimand, Brock University, Canada'. . . a thoughtful and well-documented book.' -- Marianne A. Ferber, Journal of Economic Literature'Dr Pujol knows her subject well and has produced a thought-provoking book which will be of interest to labour economists and historians of economic thought. It could be usefully used in advanced undergraduate history of thought courses.' -- Carol Padgett, Reviewing Sociology'Readers will find in this book a wealth of valuable information which illuminates the strategic role of gender differentiation and gender hegemony in the dominant models of economic theory'. -- Ursula Vogel, Political StudiesTable of ContentsWith a new preface by Janet Seiz Contents: Introduction Part I: Some Approaches to the Economic Status of Women Before 1890 1. Adam Smith, John Stuart Mill, Harriet Taylor and Barbara Bodichon Part II: The Equal Pay Debates: 1890–1923 2. Introduction 3. Early Approaches by Economists and Feminists to Equal Pay, 1890–1914 4. Feminist Positions on Equal Pay for Equal Work During World War I 5. The Impending ‘Debacle’: Edgeworth on Equal Pay 6. Conclusion Part III: Women in the Economics of Marshall and Pigou 7. Introduction 8. Gender and Class in Marshall’s ‘Principles of Economics’ 9. The ‘Violent Paradoxes’ of A.C. Pigou: Pigouvian Exploitation and Women’s Wages 10. The ‘Violent Paradoxes’ of A.C. Pigou: Women in Pigou’s Welfare System Conclusion

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Book SynopsisThis timely book provides a comprehensive analysis of the post-war evolution of financial markets and financial regulation in Japan, with special emphasis being placed on the period since 1975.Max Hall, a leading specialist in financial regulation, provides a full and detailed coverage of the causes and nature of the recent liberalization of financial markets adopted in Japan as well as its consequences for public policy. He also examines the recent reforms of Japan's central bank, the Bank of Japan, and offers an in-depth discussion of the current weaknesses of the Japanese banking sector. By providing a critical overview of the local financial system and detailed discussion of the evolution of financial markets in Japan, the book sheds new light on the institutional problems at the heart of the current crisis. The politics, as well as the economics, of the financial liberation programme are scrutinised to provide a comprehensive analysis of financial reform.Trade Review'Most readers of this journal will be well aware of the recent (and ongoing) deregulatory reforms of the Japanese financial sector but very few will appreciate the economic and legislative histories leading up to the "Big Bang" programme of financial reform. This book will be invaluable in plugging that gap in understanding. . . This book must be essential reading for anyone seeking a fuller understanding and an independent assessment of Japan's financial reforms.' -- Joanna Gray, Journal of Financial Regulation and Compliance'Max Hall has written an authoritative account of financial developments and banking reforms in Japan over the last three, or four, decades, recording how this complex story has unfolded up till 1998. As in so many other facets of Japanese life, there is often a large gap between the rhetoric of public announcements and the underlying reality; Max Hall has such a profound understanding of his subject that he can guide us sure-footedly through the maze of the relationships between the Ministry of Finance (MoF), the Bank of Japan (BoJ) and the banks, not to speak of the various assortment of politicians, for example in the Jusen imbroglio. This is the most thorough and comprehensive book on the Japanese financial system and its problems available in the English language. It will be an essential reference book for all those wishing to understand the travails, strengths and weaknesses of this system, whether from an academic, practitioner or policy-related standpoint.' -- Charles A.E. Goodhart, London School of Economics and Political Science, UKTable of ContentsContents: Part I: Financial Structure and the Reform Debate 1. The Japanese Financial System 2. Pressures for Reform Part II: Financial Reform 3. Financial Deregulation 4. Financial Reform Under the ‘Big Bang’ Programme 5. Supervisory Reform 6. Reform of the Bank of Japan Part III: The Consequences of Financial Reform for Public Policy 7. Implications of Financial Liberalisation for the Conduct of Monetary Policy 8. Implications of Financial Liberalisation for Prudential Policy Index

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Book SynopsisCharlatans or Saviours? is the first detailed analysis of professional British economists from Marshall, through Keynes and Meade to the present day. It examines the relationship between professional economists and economic policy in an attempt to answer the question: 'Can economics and professional economists be blamed for the relative decline of the British economy?'This book provides an unrivalled account of how economic policy is made in practice. It uses examples of major policy decisions to show how policy debates develop and then assesses the subsequent balance between political, bureaucratic and economic influence. In this path-breaking investigation Roger Middleton sheds new light on Britain's relative economic decline by examining the advice economists have given to government. He analyses whether economists are partly responsible for this decline or whether they are largely innocent and unnecessarily blamed by politicians. In discussing the rise of professional economics he demonstrates that from the time of Marshall onwards the market for economic policy advice in Britain has been unusually competitive. In addition, Roger Middleton explores the broader concern in contemporary economics, that is, the pursuit of rigour at the expense of relevance.This in-depth study will be welcomed by economists interested in policy making, the history of economic thought, economic historians and political scientists.Trade Review'. . . this book offers a wealth of information and of stimulating questions about highly complex problems, which economists need - perhaps much more than they are inclined - to think through and form considered views about.' -- Terence Hutchison, Economic Record'The work is worthy of a place on the library shelf as it does contribute to an overall picture of economics.' -- Pete Clarke, Capital and Class'Overall, this book is a substantial achievement. It marries a range of literatures few other have brought together. The history of economic thought, economics as a discipline, and the development of economic policy are each scrutinised and assessed, and their interconnections explored. The bibliographic basis of the book is huge, with almost 50 pages of references. It provides a distinctive perspective on the twentieth century British economy from an author who always has something interesting to say. Every library should have a copy.' -- Jim Tomlinson, Contemporary British History'Chapter Three describes the changing supply of and demand for economists over time. This chapter provides very interesting reading for any academic or government economist curious about the history of their chosen career . . . Roger Middleton provides a "warts and all" examination of British economics, including discussion of the falling number of economics Ph.D. students, and the "Mr Spock" method for modelling economic agents' rationality.' -- Caroline Elliott, Business History'In surveying the century, Middleton has hit on the brilliant idea of analyzing quantitatively the contents of the issues of the Economic Journal, which began in 1891, using a machine-readable database, DISMAL, of EJ paper and their authors. This provides information on some authors' characteristics (gender, occupation, professional affiliation, etc.) and the subject and style of the authors' writings. The information is fascinating and very well presented in the first and several of the later chapters. The analysis alone is worth the book. Similarly, the interesting material Middleton has assembled and discussed on the supply and demand for economic advice in Britain over the ten decades is comprehensive and illuminating and perceptively discussed. . . . this book succeeds admirably . . . a valuable and insightful account of the development of the economics profession in Britain from Marshall's day to our own.' -- Susan Howson, Journal of the History of Economic Thought'Very strongly recommended for upper-level undergraduates, graduate students, and their teachers.' -- D.E. Moggridge, Choice'This book brings together a wealth of material on a fascinating theme: the evolution of the British economics profession since the nineteenth century. It will be invaluable both for historians concerned with economic policy making in Britain and for economists who want to understand how the profession got to its current position.' -- Roger Backhouse, University of Birmingham, UK’”Charlatans in need of salvation, an economy in need of saviours" is the verdict of Roger Middleton in his masterly survey of the rise and decline of British economics. Good works might or might not help, pure thought certainly won't, but reading this book should do the trick. The stock of economics has risen and fallen in the twentieth century, peaking at its mid-point, just as the economy itself was perceived to enter a steady decline. Middleton here deftly traces the interaction between economics as science and as policy in the context of Alfred Marshall's noble ambition to do good. This book is intelligent, readable, insightful, and committed - at once a critique of modern economics and a means for its renewal.' -- Keith Tribe, Keele University, UK'The book is balanced and well-informed. Those who have written or advised on the management of the British economy will be fascinated by a wealth of material and anecdotes with which they are unfamiliar.'- Walter Eltis, Exeter College, Oxford University and University of Reading, UKTable of ContentsContents: 1. Introduction 2. Economics, Economists and Policy 3. The Market for Economic Advice 4. Marshall’s mission, the Prewar Permeationist Strategy and the Professionalisation of Economics 5. Five Economists and Six Opinions: Economics Comes of Age between the Wars 6. Economists Triumphant?: the Keynesian Era and Golden Age Growth 7. ‘Back to Basics’: Monetarism and the Market 8. Conclusions Appendices Index

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Book SynopsisThis comprehensive new collection provides a careful selection of the major writings to have appeared in the field of foreign direct investment (FDI) and technological change since 1966.It has been prepared by one of the leading contributors and pioneers in this field, and is an area of research that has attracted a steady growth in interest over the last thirty years.After a new introduction which critically surveys the literature, the collection provides a comprehensive coverage that incorporates the early analysis of FDI and technology; the theoretical foundations of the analysis of technological change in multinational firms; theoretical models and empirical studies of technology transfer; the internationalization of technology creation; technology-based inter-company alliances; the co-evolution of FDI and technological development at country level; the geographical localization of the technological efforts of foreign-owned affiliates and technology spillovers between firms.Trade Review'This work is for honours students, researchers and academics, who will no doubt see it as a resource of key articles.' -- Economic Outlook and Business ReviewTable of ContentsContents: Volume I: Acknowledgements • Introduction Part I: Early Analysis and Theoretical Foundations 1. Raymond Vernon (1966), ‘International Investment and International Trade in the Product Cycle’ 2. John H. Dunning (1970), ‘Foreign Capital and Economic Growth in Europe’ 3. Edwin Mansfield (1974), ‘Technology and Technological Change’ 4. Stephen P. Magee (1977), ‘Multinational Corporations, the Industry Technology Cycle and Development’ 5. Giovanni Dosi (1984), ‘Technical Change in the International Environment: the Dynamics of Trade and Investment’ 6. John Cantwell (1991), ‘The Theory of Technological Competence and its Application to International Production’ 7. Bruce Kogut and Udo Zander (1995), ‘Knowledge, Market Failure and the Multinational Enterprise: A Reply’ Part II: Technology Transfer – Theory 8. Harvey Lapan and Pranab Bardhan (1973), ‘Localized Technical Progress and Transfer of Technology and Economic Development’ 9. Peter J. Buckley and Mark Casson (1976), ‘A Long-Run Theory of the Multinational Enterprise’ 10. Tetsunori Koizumi and Kenneth J. Kopecky (1977), ‘Economic Growth, Capital Movements and the International Transfer of Technical Knowledge’ 11. Ronald Findlay (1978), ‘Relative Backwardness, Direct Foreign Investment and the Transfer of Technology: A Simple Dynamic Model’ 12. W.H. Davidson and Donald G. McFetridge (1984), ‘International Technology Transactions and the Theory of the Firm’ 13. Jian-Ye Wang and Magnus Blomström (1992), ‘Foreign Investment and Technology Transfer: A Simple Model’ Part III: Technology Transfer – Historical and Empirical Analysis 14. Mira Wilkins (1974), ‘The Role of Private Business in the International Diffusion of Technology’ 15. D.J. Teece (1977), ‘Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How’ 16. Arthur W. Lake (1979), ‘Technology Creation and Technology Transfer by Multinational Firms’ 17. Edwin Mansfield and Anthony Romeo (1980), ‘Technology Transfer to Overseas Subsidiaries of U.S.-Based Firms’ 18. Robert C. Hirschey and Richard E. Caves (1981), ‘Research and Transfer of Technology by Multinational Enterprises’ 19. Nathan Rosenberg (1982), ‘The International Transfer of Technology: Implications for the Industrialized Countries’ Name Index Volume II: Part I: The Internationalization of Technology Creation 1. Edwin Mansfield, David Teece and Anthony Romeo (1979), ‘Overseas Research and Development by US-Based Firms’ 2. Ove Granstrand (1979), ‘R&D and Corporate Internationalization’ 3. Sanjaya Lall (1979), ‘The International Allocation of Research Activity by US Multinationals’ 4. Gary Hewitt (1980), ‘Research and Development Performed Abroad by US Manufacturing Multinationals’ 5. Lars Håkanson and Udo Zander (1988), ‘International Management of R&D: The Swedish Experience’ 6. Pari Patel (1995), ‘Localised Production of Technology for Global Markets’ 7. John Cantwell (1995), ‘The Globalisation of Technology: What Remains of the Product Cycle Model?’ 8. Marina Papanastassiou and Robert Pearce (1997), ‘Technology Sourcing and the Strategic Roles of Manufacturing Subsidiaries in the U.K.: Local Competences and Global Competitiveness’ Part II: Technology-Based Inter-Company Alliances 9. François Chesnais (1988), ‘Multinational Enterprises and the International Diffusion of Technology’ 10. David C. Mowery and Nathan Rosenberg (1989), ‘International and Domestic Collaboration in Research and Development’ 11. John Hagedoorn and Jos Schakensraad (1992), ‘Leading Companies and Networks of Strategic Alliances in Information Technologies’ 12. John Hagedoorn and Rajneesh Narula (1996), ‘Choosing Organizational Modes of Strategic Technology Partnering: International and Sectoral Differences’ 13. Frédérique Sachwald (1998), ‘Cooperative Agreements and the Theory of the Firm: Focusing on Barriers to Change’ Part III: The Co-Evolution of FDI and Technological Development 14. Sanjaya Lall (1987), ‘Multinationals and Technology Development in Host LDCs’ 15. Terutomo Ozawa (1991), ‘Japan in a New Phase of Multinationalism and Industrial Upgrading: Functional Integration of Trade, Growth and FDI’ 16. Terutomo Ozawa (1992), ‘Foreign Direct Investment and Economic Development’ 17. John H. Dunning and Rajneesh Narula (1996), ‘The Investment Development Path Revisited: Some Emerging Issues’ Part IV: Geographical Localization in Multinational Corporations and Technology Spillovers 18. Bruce Kogut and Sea Jin Chang (1991), ‘Technological Capabilities and Japanese Foreign Direct Investment in the United States’ 19. Ari Kokko (1994), ‘Technology, Market Characteristics, and Spillovers’ 20. Paul Almeida (1996), ‘Knowledge Sourcing by Foreign Multinationals: Patent Citation Analysis in the U.S. Semiconductor Industry’ 21. John H. Dunning (1996), ‘The Geographical Sources of the Competitiveness of Firms: Some Results of a New Survey’ 22. Tommaso Perez (1997), ‘Multinational Enterprises and Technological Spillovers: An Evolutionary Model’ Name Index

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Book SynopsisIn an attempt to make sense of changes that have taken place in the workplace worldwide, especially since the last quarter of the twentieth century, the two concepts of Fordism and Post-Fordism are often invoked. These volumes perform a valuable service to social scientists in bringing together important previously published contributions which explore this field. In their selection of articles, the editors range from the Fordism of Henry Ford to its oft-touted modern management successors - Japanisation and Toyotaism, flexible specialisation, lean production and McDonaldisation. They also provide useful criticisms of each of these developments. The editors have written an authoritative introduction which offers an informative discussion of the issues.Trade Review'The Fordism of Ford and Modern Management is a much needed publication in terms of providing the scholars of work and organizations with an authoritative collection of references which critically revisit the phenomenon of Fordism and post-Fordism. In two volumes, the book brings together 48 previously published works which have made an important contribution to the debate on Fordism. . . As a desk reference, this two-volume collection is one of the most useful and inspiring books that is presently available in the field.' -- Ahu Tatli, Work, Employment and Society'The Fordism of Ford and Modern Management is an excellently collated double volume collection, as you would expect from such distinguished editors. It contains many of the most influential articles on the transformations that have taken place in the world of work. . . it has wide appeal to those with an interest in management/business studies, organizational behaviour, labour history, the sociology of work and sociology more generally.' -- Andrew Smith, Sociology'The world of work has changed dramatically over the past 50 - or even 30 - years, and it is fashionable to speak of a transformation from Fordism to post-Fordism. But what exactly is new, and what remains the same? With their comprehensive selection of readings and their own sensitive overview of the issues, Huw Beynon and Theo Nichols provide the foundation for a nuanced answer - and show that the brave new world of work is no utopia.' -- Richard Hyman, London School of Economics, UKTable of ContentsContents Volume I Acknowledgements Introduction Huw Beynon and Theo Nichols PART I THE FORDISM OF FORD 1. Christian Palloix (1976), ‘The Labour Process: From Fordism to Neo-Fordism’, [Translated by John Mepham and Mike Sonenscher] 2. Carl H.A. Dassbach (1991), ‘The Origins of Fordism: The Introduction of Mass Production and the Five-Dollar Wage’ 3. David Roediger (1988), ‘Americanism and Fordism – American Style: Kate Richards O’Hare’s “Has Henry Ford Made Good?”’ 4. James M. Wilson (1995), ‘Henry Ford’s Just-in-Time System’ 5. Glen Norcliffe (1997), ‘Popeism and Fordism: Examining the Roots of Mass Production’ 6. Karel Williams, Colin Haslam and John Williams (1992), ‘Ford versus “Fordism”: The Beginning of Mass Production?’ 7. John Bellamy Foster (1989), ‘The Fetish of Fordism’ 8. R. Hudson (1989), ‘Labour-Market Changes and New Forms of Work in Old Industrial Regions: Maybe Flexibility for Some but Not Flexible Accumulation’ 9. Robin Murray (1988), ‘Life after Henry (Ford)’ 10. Ian McIntosh (1995), ‘“It Was Worse Than Alcatraz”: Working for Ford at Trafford Park’ PART II JAPANISATION AND TOYOTAISM 11. Knuth Dohse, Ulrich Jürgens and Thomas Malsch (1985), ‘From “Fordism” to “Toyotism”? The Social Organization of Labor Process in the Japanese Automobile Industry’ 12. Stephen Wood (1993), ‘The Japanization of Fordism’ 13. Roland Springer (1999), ‘The End of New Production Concepts? Rationalization and Labour Policy in the German Auto Industry’ 14. Adrian Wilkinson, Graham Godfrey and Mick Marchington (1997), ‘Bouquets, Brickbats and Blinkers: Total Quality Management and Employee Involvement in Practice’ 15. Theo Nichols, Nadir Sugur and Erol Demir (2002), ‘Globalised Management and Local Labour: The Case of the White-Goods Industry in Turkey’ 16. Rick Delbridge (1995), ‘Surviving JIT: Control and Resistance in a Japanese Transplant’ 17. Paul E. Rossler and Mario G. Beruvides (1994), ‘Management Theory Déjà Vu? Scientific and Total Quality Management’ 18. David M. Boje and Robert D. Winsor (1993), ‘The Resurrection of Taylorism: Total Quality Management’s Hidden Agenda’ 19. Andrew Sayer (1989), ‘Postfordism in Question’ 20. Valeria Pulignano (2001), ‘Just-in-Time and Social Relations in the Auto-Component Industry’ 21. Peter Turnbull, Nick Oliver and Barry Wilkinson (1989), ‘Recent Developments in the UK Automotive Industry: JIT/TQC and Information Systems’ 22. Terry L. Besser (1993), ‘The Commitment of Japanese Workers and U.S. Workers: A Reassessment of the Literature’ 23. Robert E. Cole, Arne L. Kalleberg and James R. Lincoln (1993), ‘Assessing Commitment in the United States and Japan: A Comment on Besser’ 24. Egil Skorstad (1994), ‘Lean Production, Conditions of Work and Worker Commitment’ 25. Paul S. Adler, Barbara Goldoftas and David I. Levine (1997), ‘Ergonomics, Employee Involvement, and the Toyota Production System: A Case Study of NUMMI’s 1993 Model Introduction’ 26. Katsuo Nishiyama and Jeffrey V. Johnson (1997), ‘Karoshi – Death from Overwork: Occupational Health Consequences of Japanese Production Management’ Name Index Volume II Acknowledgements An introduction by the editors to both volumes appears in Volume I PART I FLEXIBLE SPECIALISATION, THE THIRD ITALY AND THE WIDER DEBATE 1. Fergus Murray (1983), ‘The Decentralisation of Production – the Decline of the Mass-Collective Worker?’ 2. Fergus Murray (1987), ‘Flexible Specialisation in the “Third Italy”’ 3. Ash Amin (1989), ‘Flexible Specialisation and Small Firms in Italy: Myths and Realities’ 4. Chris Smith (1989), ‘Flexible Specialisation: Automation and Mass Production’ 5. John Tomaney (1990), ‘The Reality of Workplace Flexibility’ 6. Harley Shaiken, Stephen Herzenberg and Sarah Kuhn (1986), ‘The Work Process Under More Flexible Production’ 7. Bruce Pietrykowski (1999), ‘Beyond the Fordist/Post-Fordist Dichotomy: Working through The Second Industrial Divide’ 8. Steven P. Vallas and John P. Beck (1996), ‘The Transformation of Work Revisited: The Limits of Flexibility in American Manufacturing’ 9. Steven P. Vallas (1999), ‘Rethinking Post-Fordism: The Meaning of Workplace Flexibility’ 10. Anna Pollert (1988), ‘Dismantling Flexibility’ 11. Thomas Bramble (1988), ‘The Flexibility Debate: Industrial Relations and New Management Production Practices’ 12. Paul Hirst and Johnathan Zeitlin (1991), ‘Flexible Specialization versus post-Fordism: Theory, Evidence and Policy Implications’ 13. Karel Williams, Tony Cutler, John Williams and Colin Haslam (1987), ‘The End of Mass Production?’ PART II LEAN PRODUCTION 14. Christian Berggren (1993), ‘Lean Production – The End of History?’ 15. Ian Hampson (1999), ‘Lean Production and the Toyota Production System – Or, the Case of the Forgotten Production Concepts’ 16. Michael A. Cusumano (1994), ‘The Limits of “Lean”’ 17. Mike Parker and Jane Slaughter (1990), ‘Management-by-Stress: The Team Concept in the US Auto Industry’ 18. James P. Womack (1996), ‘The Psychology of Lean Production’ 19. James Rinehart (1999), ‘The International Motor Vehicle Program’s Lean Production Benchmark: A Critique’ 20. Ben Dankbaar (1997), ‘Lean Production: Denial, Confirmation or Extension of Sociotechnical Systems Design?’ 21. Andy Danford (2003), ‘Workers, Unions and the High Performance Workplace’ PART III McDONALDISATION 22. George Ritzer (1996), ‘The McDonaldization Thesis: Is Expansion Inevitable?’ Name Index

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Book SynopsisThis survey history of Jewish life and culture in early modern Europe is the first to focus on the sixteenth and seventeenth centuries as a radically new phase in Jewish history. The book lays particular emphasis on the reversal of trends in western and central Europe in the late sixteenth century, which was followed by a rapid increase in Jewish numbers and activity, and far-reaching reorganization of Jewish society and institutions. A major consequence of these changes was a much expanded and more varied Jewish role in European civilization as a whole. 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.Trade ReviewFIRST & SECOND EDITIONS'An important book ... which will be of extreme value to all students of early modern Europe ... Professor Israel has shed new and powerful light on a neglected period.'Lionel Kochan, British Book News'Remarkable and very readable ... a consistent narrative of Jewish participation in the socio-economic odyssey of their Wirtsvolker.'J. Wansbrough, Bulletin of the School of Oriental & African Studies'Israel's sweeping synthesis of two centuries of Jewish demographics, economics, community life, and culture is no mere restatement of the existing scholarly consensus ... an important, highly controversial study of great interest to those serious students of Baroque Jewish and general history who are equipped to weigh its challenging claims.'M. A. Meyer, Choice'An ambitious and much needed study of Jewish life and culture in the context of Europe's intellectual and religious history ... a skilful synthesis of current scholarship. To this he has brought his own sharply critical judgement and a highly original interpretative theory ... highly stimulating.'Henry Roseveare, Economic History Review'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 ... Israel's sparkling book should eliminate that blind spot found in so many historical works, which should be dealing with Jewish themes but have not done so simply because no suitable guide was readily to hand.'David S. Katz, English Historical Review'Professor Israel deserves major credit for doing what others have shied away from: recognizing the early modern period as a unit for the Jews of Europe as a whole and trying to find clear trends across the continent. All students of Jewish and general economic history of the period must study this book carefully and will learn much.'Benjamin Ravid, European History Quarterly'A valuable survey'J. L. Price, History'A fundamental reinterpretation of early modern Jewish history ... an important starting point for a fuller re-examination of early modern Jewish history.'John D. Klier, Journal of European Studies'Important, readable, illuminating ... offers a fresh approach and many new interpretations in Jewish history of the early modern period, and challenges conceptions long held sacred by previous historians.'George Wolf, Judaica Book News'This comprehensive account of rapid political and economic change over two centuries should become standard reading for all historians of early modern Europe.'Theodore K. Rabb, Times Literary SupplementTHIRD EDITION'Sheds further light on a subject only beginning to receive adequate attention and scholarship ... In this updated third edition, Professor Israel adds the new evidence from recent research to support the several important themes ... For both the academic specialist as well as the reader with a general interest, Professor Israel's monograph makes a scholarly and accessible contribution ... a lively and erudite analysis ...'Lawrence Haar, Jewish Book News & Reviews'Continues to be a basic book for understanding how Jews were affected by the changes of the early modern period.'Stephen J. Burnett, Sixteenth Century JournalTable of ContentsPreface to the third editionPreface to the first editionAbbreviationsIntroduction1 Exodus from the West2 Turning-Point (1570-1600)3 Consolidation (1600-1620)4 Jewish Culture (1550-1650)5 The Thirty Years War6 The High Point (I): The 'Court Jews' (1650-1713)7 The High Point (II): Jewish Society (1650-1713)8 The High Point (III): 'A Republic Apart'9 The High Point (IV): Spiritual Crisis (1650-1713)10 Decline and Renewal (1713-1750)11 ConclusionBibliographyPrimary printed sourcesSecondary worksIndex

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Book Synopsis “Today, as in the time of the South Sea Bubble, human nature is drawn like a moth to a flame by the speculative fads of the marketplace. The excitement of new glamour issues in electronics or medical technology and the general euphoria over a rising market can lure even the most experienced investors. Their optimism overcomes their better judgment. They abandon critical analysis of the investment’s fundamental value. Like gamblers in a casino, they play against the odds, paying inflated prices and dreaming of quick profit.” —from the foreword by John Marks Templeton. Mackay’s classic, first published in 1841, studies the psychology of crowds and mass mania throughout history, including accounts of classic scams, grand-scale madness, and deceptions. Some of these include the Mississippi scheme that swept France in 1720, the South Sea Bubble that ruined thousands in England simultaneously, and the tulip mania of Holland when fortunes were made and lost on single tulip bulbs. Other chapters deal with fads and delusions that often spring from good ideas or causes, many of which still have their followers today: alchemy and the philosopher’s stone, the prophecies of Nostradamus, the coming of comets and judgment day, the Rosicrucians, and astrology. Time and again, we can avoid disastrous pitfalls and learn to profit by seeing how history repeats itself. Fascinating, mesmerizing, strikingly strange, and amazingly wise, this book will never be forgotten and cannot be ignored.

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Book SynopsisAsia Minor under Rome was one of the wealthiest and most developed parts of the Empire, but there have been few modern studies of its economics. The twelve papers in this book, by an international team of scholars, work from literary texts, inscriptions, coinage and archaeology. They study the direct impact of Roman rule; the organisation of large agricultural estates; changing patterns of olive production; threats to rural prosperity from pests and the animal world; inter-regional trade in the Black Sea; the significance of civic market buildings; the economic role of temples and sanctuaries; the contribution of private benefactors to civic finances; and, monetization in the third century AD, and the effect of transitory populations on local economic activity.Table of ContentsStephen Mitchell and Constantina Katsari, 'Introduction: the economy of Roman Asia Minor'; Thomas Corsten (Heidelberg), 'Estates in Roman Asia Minor: the case of Kibyratis'; Johannes Nolle (Munich), `Boars, bears and bugs: farming in Asia Minor and the protection of men, animals and crops'; Stephen Mitchell (Exeter), 'Olive cultivation in the economy of Roman Asia Minor'; David Braund (Exeter), 'Across the Black Sea: patterns of maritime exchange on the periphery of Roman Asia Minor'; Veli Kose (Cologne), 'The origin and development of market buildings in Hellenistic and Roman Asia Minor'; Arjan Zuiderhoek (Amsterdam), 'The icing on the cake: benefactors, economics and public buildings in Roman Asia Minor'; Giovanni Salmeri (Pisa), 'Central power intervention and the economy of the provinces in the Roman Empire: the case of Pontus and Bithynia'; Beate Dignas (Michigan), 'Sacred revenues in Roman hands: the economic dimension of sanctuaries in western Asia Minor'; Margherita Facella (Pisa), 'Coinage and the economy of Commagene'; Stanley Ireland (Warwick), 'Coinage in Roman Pontus and Paphlagonia: problems of evidence and interpretation'; Constantina Katsari (Galway), 'The monetization of Roman Asia Minor from Septimius Severus to Gallienus'; Hugh Elton (Ankara), 'Military supply and the south coast of Anatolia in the third century AD'; Turhan Kacar (Balikesir), 'Church councils and their impact on the economy of the cities in Roman Asia Minor'.

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Book SynopsisThis textbook provides a comprehensive and unique introduction to modern microeconomics. It adopts an integrative approach, positioning the main findings of economics in a broader context. It critically reflects on theories from a philosophical standpoint and compares them to approaches found in the social sciences, while at the same time highlighting the implications for the design of legal systems and business practices.Intended for undergraduate students, the book presents brief examples and comprehensive case studies to help them grasp the real-world implications of the theories. As such, it is suitable for an applied, yet technically precise approach to teaching microeconomics, as well as for a critical review of the economic mainstream. Starting from the question as to why and how societies organize economic activity, it analyzes the potential and limitations of various types of market with regard to alleviating scarcity and achieving distributive objectives, from an institutional perspective.This second edition systematically expands on decision theory by including chapters on traditional decision theory under risk and uncertainty, and on behavioral economics, as well as a chapter presenting findings from the neurosciences, evolutionary psychology, and narrative psychology. Furthermore, there are theoretical additions, along with updated case studies and examples – from trade wars to pandemics and the climate crisis.A new edition of the companion workbook features a wealth of exercises, ranging from basic multiple-choice questions to challenging mathematical problems and case studies, is also available.Table of ContentsIntroduction: First Principles.- Gains from Trade.- A Primer in Markets and Institutions: Introduction.- Supply and Demand Under Perfect Competition.- Normative Economics.- Externalities and the Limits of Markets.- Foundations of Demand and Supply: Decisions and Consumer Behavior.- Costs.- Firm Behavior and Industrial Organization: A Second Look at Firm Behavior Under Perfect Competition.- Firm Behavior in Monopolistic Markets.- Principles of Game Theory.- Firm Behavior in Oligopolistic Markets.- Appendix: A Case Study.- Mathematical Appendix.

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Book SynopsisThis book presents the evolution of the international monetary system from the gold standard to the monetary system in force today. It adopts a political economy approach, emphasizing the economic and political conditions under which an international monetary system can come into existence and be maintained over time. This approach highlights how the gradual transition in the international context from commodity money to fiat money has been led by the need for greater elasticity of money supply and smooth adjustments. This transition, however, raises the issue of how to guarantee, over time, the value of a money devoid of intrinsic value. By presenting a historical evolution, the book explains how the existence of an international monetary system based on money without intrinsic value can only occur when a particular balance of power exists at the international level that allows for the production of trust in a fiat money. The book is a must-read for scholars, researchers, and students in the fields of economic history and international monetary economics, interested in better understanding the evolution of the international monetary system.Table of ContentsIntroduction - The Main Features of the International Money's Evolution.- Money and the International Monetary System: Origins and Evolution.- The Classic Gold Standard.- The Gold-Exchange Standard, its Collapse, and the Interwar Lack of an International Money.- The Bretton Woods System.- The Dollar Standard.- Critical Issues in the Current International Monetary System and Future Prospects.- Conclusions.

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Book SynopsisThe University of Chicago has been and continues to be one of the most important global centres for economics. With six chapters on themes in Chicago economics and 33 chapters on the lives and work of Chicago economists, this volume shows how economics became established at the University, how it produced some of the world’s best-known economists, including Frank Knight, Milton Friedman and Robert Lucas, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists – especially those interested in macroeconomics and the history of economic thought – with an in-depth analysis of Chicago economics.Table of ContentsPart I: Themes in Chicago Economics.- 1: The Department of Economics at the University of Chicago, 1947–1982.- 2: Economic History in Departments of Economics: The Case of the University of Chicago, 1892 to the Present.- 3: International Economics at Chicago.- 4: Chicago Political Economy, and Its Virginia Cousin.- 5: The Cowles Commission at the University of Chicago, 1939–1955.- 6: Information at Chicago.- Part II: Some Chicago Economists.- 7: James Laurence Laughlin (1850-1933).- 8: Thorstein Veblen (1857-1929).-9: Frank H. Knight (1885-1972).- 10: Lloyd W. Mints (1888-1989).- 11: Paul H. Douglas (1892-1976).- 12: Jacob Viner (1892-1970).- 13: Henry Schultz (1893-1938).-14: Margaret Gilpin Reid (1896-1991).- 15: Henry Calvert Simons (1899-1946).- 16: Aaron Director (1901-2004).- 17: Theodore W. Schultz (1902-1998).- 18: Mary Jean Bowman (1908-2002). 19: George J. Stigler (1911-1991).- 20: Milton Friedman (1912-2006).- 21: Lloyd A. Metzler (1913-1980).- 22: Berthold F. Hoselitz (1913-1995).- 23: H. Gregg Lewis (1914-1992).- 24: D. Gale Johnson (1916-2003).- 25: Albert E. Rees (1921-1992).- 26: Merton H. Miller (1923-2000).- 27: Harry G. Johnson (1923-1977).- 28: Arnold C. Harberger (1924-).- 29: George S. Tolley (1925-2021).- 30: Robert W. Fogel (1926-2013).- 31: Arnold Zellner (1927-2010).- 32: Gary S. Becker (1930-2014).- 33: Robert E. Lucas, Jr. (1937-).- 34: Sherwin Rosen (1938-2001).- 35: Richard A. Posner (1939-). 36: Eugene F. Fama (1939-).- 37: James J. Heckman (1944-).- 38: Richard Thaler (1945-). 39: Lars Peter Hansen (1952-).

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Book SynopsisThis book takes a comparative approach to economic history to offer ways to increase our understanding of the divergence between South America and Scandinavia. In particular, the book aims to deepen our understanding of why the two groups of countries have set out on radically different pathways with regard to industrialisation, long-term economic growth and income distribution. The book draws together the results of two separate projects focusing on this comparison. The first of these projects focuses on two of the so-called settler societies of South America, namely Uruguay and Argentina, sometimes called the Pampas region. Australia and New Zealand, two other settler societies, are also considered, adding a further contrasting effect. These settler societies are compared with Scandinavia, in its broad terms, including Sweden, Denmark, Norway and Finland. The second of these projects focuses on comparisons between Brazil and Sweden. Together, the two projects have engaged the minds of economic historians from Brazil, Uruguay and Sweden. This book will be of interest to researchers and students in economic history and economic development more broadly.Table of Contents1. Introduction; Jorge Alvarez and Svante Prado.- Part 1. Latin America and Scandinavia.- 2. Latin American and Nordic countries: a renewed tradition of comparative studies; Jorge Álvarez, Luis Bértola and Jan Bohlin.- Part 2: Trade, industrialisation and growth.- 3. Foreign trade and economic growth in Scandinavia, Australasia and the Rio de la Plata region, 1870–1970; Jorge Álvarez, Luis Bértola and Jan Bohlin.- 4. Structural change, industrial growth and economic development in the Nordic and Southern Settler Societies, 1870–1970; Jorge Álvarez, Luis Bértola and Jan Bohlin.- 5. Long-term comparative levels of labour productivity in manufacturing, c. 1890–2010; Cecilia Lara and Svante Prado.- Part 3: Dimensions of inequality.- 6. Wage differentials, 1920–2010; Svante Prado, Thales Pereira and Jakob Molinder.- 7. Land-ownership systems and agrarian income distribution in Denmark, New Zealand and Uruguay during the First Globalisation Era; Jorge Álvarez and María de las Mercedes Menéndez.- 8. Democratisation and the rise of the welfare state; Erik Bengtsson and Marc Morgan.- 9. The role of education in modernisation drives in Brazil and in Sweden; Thomas Kang and Anders Nilsson.

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Book SynopsisThis book presents an original interpretation of the building history of London in terms of its evolving political economy. Each of the seven ages of the city from the Roman to the modern, are portrayed through their monumental buildings, concentrating in particular on their symbolic purpose as expressions of the status and authority of those who built them. The concluding synthesis explores how these successive layers of building can be seen to be a product of the evolving class structure, the changing distribution of wealth, and the shifting struggle for political power within the city and the nation. Although the focus is on London, the analysis is applicable to any urbanized economy at any stage of development. This book offers unique insight into London as a landscape of power and as a city that has assumed a succession of identities over the last two millennia. It will be relevant to students and researchers interested in urban economy, economic history, and the political economy.Table of Contents1. Hegemonic Building.- 2. Roman Colony.- 3. Feudal Bastion.- 4. Merchant Exchange.- 5. Dynastic Seat.- 6. Aristocratic Playground.- 7. Imperial Capital.- 8. Global City.- 9. Reconstructing London.

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Book SynopsisDid you know that Bach invested in mines? That Rossini improved his income by running casinos in the opera houses which on weekends performed his operas? Or that Puccini composed shorter arias to make them fit the length of gramophone disks as they reported him huge revenues? Or who was, in financial terms, the most successful classical composer in history? This book —the first of its kind— studies and compares the finances of twenty classical composers in their historical and economical context. Each chapter details and quantifies the sources of income of these musicians (wages, royalties, subsidies, percentages over the number of performances, arrangements, investments in the musical sector, etc), thus allowing to estimate the income they obtained due to their artistic — primarily compositional, but also related— activities. In addition, it also estimates the composer’s expenditures, thus drawing a relatively complete image of their personal finances. This not only allows to conclude to create a ranking of composers according to their economic success, but —more importantly— for the first time gives an accurate image of the financial situation of a broad set of composers. This allows to correct many false believes while also giving new insights on the relation between economics and music history.Table of ContentsIntroduction: On the Economics of Music and the Finances of Great Composers.- Johann Sebastian Bach and Georg Friedrich Händel: The Economics of Late Baroque Market for Music.- Joseph Haydn and Wolfgang Amadeus Mozart: A Collusive Friendship.- Ludwig van Beethoven and Franz Schubert: The Economic Conscious- and Unconsciousness of the Artist.- Gioachino Rossini and Gaetano Donizetti: The Economics of Belcanto I.- Vincenzo Bellini and Giacomo Meyerbeer: The Economics of Belcanto II.- Felix Mendelssohn-Bartoldy and Robert Schumann: Parallel Lives, Liberal Delusions.

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Book Synopsis1. The Gupta Empire 400AD to 600AD.- 2. Chalukya and Kamataa: King Pulakeshin 543AD to 753AD.- 3. The Pallava Dynasty -275AD to 897AD.- 4. The Chola Dynasty 846AD to 1215AD.- 5. The Delhi Sultanate 1226AD to 1526AD.- 6. The Mughal Dynasty 1526AD to 1857AD.- 7. The British East India Company and The British Raj 1757AD to 1947AD.- 8. An Independent India 1947AD to 2020 AD.- 9. Conclusion.

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Book SynopsisChapter 1. Introduction.- Chapter 2. Income and Growth in the Ancient and Early Medieval World.- Chapter 3. Further Medieval Economic Divergence: Technology Adoption in a Predominantly Agricultural World.- Chapter 4. The Change towards Modern Growth: Proximate Causes.- Chapter 5. The Change to Modern Growth: Ultimate Causes (Technology, Institutions/Culture, and Geography).- Chapter 6. The Spread of the Industrial Revolution, c. 1760–present.- Chapter 7. State Intervention and Forced Industrialization in the 20th Century.- Chapter 8. The Effect of Government Expenditure and Monetary Expansion on Economic Growth.- Chapter 9. Catching Up and Falling Behind: Economic Growth in the 20th and 21st Centuries.- Chapter 10. Well-Being Beyond GDP.- Chapter 11. Future Research: A Long-Run Overview of Human and Economic Development in Northern Eurasia.

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Book SynopsisThis book investigates the performance of economic development under different forms of government, ranging from autocratic states to liberal democracies. Starting with a critical review of the literature on social and economic development, including the works of Frank Knight, Max Weber, Joseph Schumpeter and Peter Drucker, it offers a historical analysis of the expansion of markets, cities and trade in medieval Europe, and the monopolization of trade by the emerging European nation states. The book also presents a case study on the rise and decline of the Dutch Republic, discusses topics such as the disadvantages of the central direction of economic organizations, and federal decentralization as a model for promoting growth and investment, and illustrates how successful companies like Semco and Google are building on centuries-old management principles.Table of Contents1 Evolution and Economic Development.- 2 Progress and Decline.- 3 Citizens and Knights in the Low Countries and Italy.- 4 Violence and Discourse in the Low Countries (1100-1600).- 5 The Republic of the 7 United Provinces (1581-1795).- 6 Discourse and Development in Modern Times.

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Book SynopsisThis book offers a comprehensive study of the history of African business. By analyzing the specificities of African business culture, as well as the dynamically changing African policy context, the author sheds new light on the development of African enterprises, markets and institutions. The book covers a wide range of historical studies, starting with the earliest exchange networks, the new market opportunities resulting from European penetration, the dualism of state-owned companies and private enterprises during the twentieth century, the role of foreign direct investments and multinational companies during the 1990s, and the globalization of African business.Table of ContentsAfrica and Africas.- Networks of Exchange.- Business in New Markets Under New Masters.- Business in Independent Africa.- Enter the Market: African Entrepreneurial Rebirth After 1980.- Into the Global.- Conclusion: The Beginning of African Business History.

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Book SynopsisThis book challenges the wide-ranging generalizations that dominate the literature on the impact of export-led growth upon Latin America during the first export era. The contributors to this volume contest conventional approaches, stemming from structuralism and dependency theory, which portray a rather negative view of the impact of nineteenth-century globalization upon Latin America. It has been considered that, as a result of the role of Latin American countries as providers of raw materials produced in enclaves dominated by foreign capital, their participation in the world economy has had adverse consequences for their long-term development. This volume addresses a representative sample of countries with varied initial conditions and resource endowments, a diverse productive specialization, as well as different degrees of integration to the world economy. This allows a direct comparison among the different experiences within the region, which in turn enables a more nuanced understanding of the contribution of exports to economic growth and economic modernization. Seven national case studies are presented – Argentina, Brazil, Colombia, Chile, Peru, Mexico and Bolivia – which offer an insight into the successes of a region traditionally viewed as disadvantaged by globalization and export-led growth.Winner of the Vicens Vives prize for the best economic history book granted by the Spanish Economic History Association.Table of ContentsPrologue (José Antonio Ocampo)Chapter 1. Latin America’s First Export Era: Reassessing its Economic Contribution (Sandra Kuntz-Ficker)Chapter 2. The Contribution of Argentine Exports to the Economy: 1875–1929 (Sandra Kuntz-Ficker and Agustina Rayes)Chapter 3. The Bolivian Export Sector: 1870–1950 (Jose Alejandro Peres-Cajías and Anna Carreras-Marín)Chapter 4. The Brazilian Export Economy: 1822–1913 (Christopher David Absell and Antonio Tena-Junguito)Chapter 5. The Impact of Nitrates on the Chilean Economy: 1880–1930 (Marc Badia-Miró and José Díaz-Bahamonde)Chapter 6. Exports and Economic Development in Colombia – A Regional Perspective: 1830–1929 (José Antonio Ocampo and Santiago Colmenares G.)Chapter 7. Mexico in the Export Era – Export Boom, Economic Modernization, and Industrialization: 1870s–1929 (Sandra Kuntz-Ficker)Chapter 8. Exports and Their Impact on the Economy – The Case of Peru: 1830–1930 (Luis Felipe Zegarra) Chapter 9. Latin America’s First Export Era: A Preliminary Balance (Towards a New Synthesis) (Sandra Kuntz-Ficker)

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Book SynopsisUnser Leben wird von Märkten bestimmt. Sie sind für die kapitalistischen Volkswirtschaften weltweit konstitutiv und haben von Anfang an viele öffentliche Debatten ausgelöst. Während Märkte für die Einen der unübertroffene Modus der Handlungskoordination sind, werden sie von Anderen als Quelle vieler gesellschaftlicher Übel eingestuft und bekämpft. Dieses Buch vereint das Wissen über Märkte von Soziologie, Ökonomie und Anthropologie und untersucht systematisch die verschiedenen Formen von Märkten, denen wir täglich in unserem Leben begegnen.Table of ContentsKoordination in der Wirtschaft.- Märkte im gesellschaftlichen Lebenszusammenhang.- Formen von Märkten.- Standardmärkte und Statusmärkte.- Schaffung und Kontrolle von Märkten.

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Book SynopsisIm Zentrum dieses Buches steht der Ordoliberalismus Deutschlands. Entgegen der Annahme, bei diesem handele sich es um eine begrenzte und relativ einflusslose Gruppe von Ökonomen mit vorrangig ordnungspolitischen Auffassungen, wird auf Basis einer konzeptionellen sowie empirischen Erhebung die Wirkmächtigkeit der deutschen Ökonomen ab 1945 als konsequente Marktbefürworter nachgezeichnet. Die Entstehung nach dem Zweiten Weltkrieg, die Rekrutierungsmuster zentraler Akteure, wirkungsmächtige Lehrer-Schüler-Beziehungen, institutionelle Verdichtungen in Gremien und Think Tanks, internationale Verflechtungen sowie der Einfluss auf die Wirtschaftspolitik werden eingehend untersucht.Table of ContentsVorwort.- 1. Grundlegungen.- 2. Der „performative Fußabdruck“ der deutschen ÖkonomInnen (1954-1994).- 3. Das Konzept „des Marktes“.- 4. Ordoliberale Netzwerke.- 5. Die kurze Keynesianische Epoche.- 6. Die marktfundamentale Wende.- 7. Fazit.

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Book SynopsisPrivatbanken sind wenig bekannte und auch erforschte Firmen in der Geschichte des Bankenwesens. Mit diesem Band liegt erstmals eine umfassende Gesamtgeschichte der österreichischen Privatbanken vor, die von der Gründung der ersten Institute in der Frühen Neuzeit bis zur Rolle der Privatbanken im liberalisierten Kapitalmarkt der Gegenwart reicht. Dabei konnten neue, bisher von der Forschung kaum beachtete Quellenbestände in die Darstellung einbezogen werden. Somit dient der Band als unentbehrliche Grundlage und als Referenzwerk zum Feld des österreichischen Privatbankwesens.Trade Review“… Das Buch schließt jedenfalls die letzte Lücke in der historischen Aufarbeitung der Bankwirtschaft und gestattet viele neue Erkenntnisse über jenen Sektor, der in der öffentlichen Berichterstattung meist viel zu wenig beachtet wird ... ” (Alfred Paleczny, in: Wiener Geschichtsblätter, Jg. 73, Heft 1, 2018)Table of ContentsVorwort.- Beginn des modernen Bankwesens in Österreich.- Österreichische Privatbanken und Privatbankiers im langen 19. Jahrhundert. 1780 – 1918.- Österreichische Privatbanken von 1919 bis 1945.- Die österreichischen Privatbanken nach 1945.- Anhang: 1. Zusammenfassung der Geschichte der wichtigsten Privatbanken. 2. Kaufkraft historischer österreichischer Währungen in Euro.

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Book SynopsisStefan Mayr untersucht die außergerichtliche Sanierung aus einer betriebswirtschaftlichen Sicht und legt neben einer umfassenden Darstellung des State of the Art der Forschung methodische Grundlagen dar und präsentiert empirische Befunde. Als zentrales Ergebnis stellt er fest, dass für den Erfolg der Sanierung Ressourcenaspekte des Unternehmens und die Stakeholderbeziehungen wichtiger erscheinen als institutionelle Fragen, wie die Dauer des Verfahrens oder die Diskretion in der Abwicklung.Table of ContentsRegulatorische Rahmenbedingungen der Unternehmenssanierung in Österreich.- Finanzwirtschaftliche und leistungswirtschaftliche Aspekte der außergerichtlichen Sanierung.- Ressourcenorientierter Ansatz.- Stakeholdertheorie.- Neoinstitutionalistische Organisationstheorie.

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Book SynopsisDieser Band beschreibt die Entwicklung der modernen Konsumgesellschaft von ihren Anfängen in den vorindustriellen Gesellschaften des 17./18. Jahrhunderts bis heute. Stephan Wallaschkowski zeigt auf, wie sich die industrielle Revolution und der fortschreitende Konsumwandel im Sinne einer steten Konsumexpansion immer wieder gegenseitig beeinflussen und befördern. Dazu beschreibt der Autor zunächst die historische Entstehung unserer heutigen Konsumgesellschaft und stellt anschließend jene vier zentralen Entwicklungslinien heraus, die die Geschichte des modernen Massenkonsums im Wesentlichen geprägt haben. Zum Schluss wird anhand aktueller technischer und gesellschaftlicher Trends ein kurzer Ausblick auf den Konsum der Zukunft vorgenommen.Table of ContentsDie Entstehung der Konsumgesellschaft im Windschatten der Industrialisierung.- Zentrale Entwicklungslinien des industriellen Konsumwandels.- Wesentliche Merkmale des modernen Massenkonsums.- Ausblick auf den Konsum der Zukunft.

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Book SynopsisDer moderne Mythos der Revolution lautet, dass das Volk sich gegen seine Herrscher erhebt und sie durch bessere ersetzt, wenn das Maß an Unterdrückung zu groß wird. Diese auf Karl Marx zurückgehende Idee ist aber zu einfach und zugleich zu schön, um wahr zu sein. Vielmehr hängt es von vielfältigen und oft zufällig gegebenen Bedingungen ab, ob sich größere Teile der Bevölkerung zu Massenprotesten zusammenfinden und ob das in der Folge eine Revolution auslöst. Noch einmal unsicher ist, ob sich anschließend ein besseres Regime etabliert. Die Bedingungen für eine Revolution fügen sich daher nicht zwangsläufig zusammen, wenn der Grad an Unterdrückung steigt.Das Buch führt die Leser auf Basis der modernsten gesellschaftswissenschaftlichen Erkenntnisse durch die Welt von Massenprotesten, Aufständen, Revolten und Revolutionen und bleibt dabei stets leicht nachvollziehbar und unterhaltsam. Stück für Stück werden Mosaiksteine zu einem Bild zusammengefügt, welches den Mythos der Revolution entzaubert, aber zugleich tiefe Einsichten in die Logik politischer Macht bietet. Eingebettet wird die Reise durch die Welt der Revolutionen in ausführlich geschilderte historische Beispiele, vor allem aus dem 20. Jahrhundert.Trade Review“... schafft es der Autor auch dieses Mal, einem breiten Publikum wissenschaftliche Argumente näherzubringen, anstatt das Feld Populisten und Romantikern zu überlassen. Wir brauchen mehr Bücher wie diese. Wer etwas über Massenaufstand und Revolte erfahren und lernen will, dem sei das Werk von Thomas Apolte sehr empfohlen.” (Sebastian Panreck, in: Politische Studien, Jg. 71, Heft 493, September- Oktober 2020)“... Es ist Pflichtlektüre für alle, die sich mitdem Phänomen Revolution auseinandersetzen ...” (Martin Kessler, in: RP Online, rp-online.de, 8. Januar 2020)Table of Contents1. Eine kurze Geschichte der Revolution.- 2. Die Machtbasis eines Diktators.- 3. Fakten, Fakten, Fakten.- 4. Die versehentliche Revolution.- 5. Schicksalhafte Verkettungen.- 6. Die Logik des autokratischen Machtkerns.- 7. Die Stabilität der Befehlsketten.- 8. Revolutionäre Führer.- 9. Warum die Revolution so oft ihre Kinder frisst.- 10. Revolution und Demokratie.

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Book SynopsisDieses Handbuch bietet sowohl einen Einstieg als auch einen Überblick zu Leben, Werk und Wirkung bedeutender Ökonomen der Vergangenheit und der Gegenwart - von antiken Vordenkern der Ökonomie bis hin zu Wirtschaftsnobelpreisträgern. Dabei werden auch Ökonomen abseits der „Mainstream-Ökonomie“ beleuchtet. Die Artikel klären erste Fragen zur Person, stellen den wissenschaftlichen Werdegang dar und erläutern die Theorien und Ideen des jeweiligen Ökonomen in verständlicher und strukturierter Art und Weise. Hierbei legt der Autor ein besonderes Augenmerk darauf, die Wirtschaftsdenker bei der Darstellung ihrer Theorien mittels gehaltvoller Leseproben aus ihren Werken selbst zu Wort kommen zu lassen. Auf diese Weise erhält der Leser einen umfassenden und inspirierenden Einblick in die Geschichte des ökonomischen Denkens.Die 2. Auflage wurde aktualisiert, erweitert und durch die Vorstellungen neun weiterer bedeutender Ökonomen ergänzt.Table of ContentsEine kurze Geschichte der Ökonomik.- Bedeutende Ökonomen.- Zeittafel zur Literaturgeschichte der Ökonomie.- Kommentierte Literaturhinweise.

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Book SynopsisDer Begriff „Politische Ökonomie“ war im 19. Jahrhundert die gebräuchlichste Bezeichnung für die Wirtschafts- und Sozialwissenschaft, Nationalökonomie oder Volkswirtschaftslehre. Unter einem „System der politischen Ökonomie“ versteht man seit Joseph A. Schumpeter ein eigenständiges wirtschaftspolitisches System, das auf bestimmten konstitutiven normativen Prinzipien beruht: wie der Liberalismus bei Adam Smith und der Sozialismus bei Karl Marx. Als erster, international renommierter deutscher Nationalökonom kann Friedrich List gelten, der als „Vordenker der Sozialen Marktwirtschaft“ anzusehen ist. Sein visionäres System der politischen Ökonomie wird in diesem Buch komprimiert zusammengefasst. Das Buch bildet Band VIII der Schriftenreihe des Autors zu Friedrich List: „Ein Ökonom mit Weitblick und sozialer Verantwortung“, „Friedrich List im Zeitalter der Globalisierung – Eine Wiederentdeckung“, „Die Politik der Zukunft“, „Politisches Mosaik“, „Vordenker der Sozialen Marktwirtschaft – im Spannungsfeld zwischen Vision und geheimdienstlicher Observierung“, „Friedrich List und die Ditte Welt – Grundzüge der Entwicklungspolitik“ sowie „Die ethischen Wurzeln der Staats- und Wirtschaftstheorie von Friedrich List“.Table of ContentsBiografischer Abriss von Lists Leben und Wirken.- Die systemische Positionierung von Lists Wirtschaftstheorie.- Die Unterscheidung von Lists Wirtschaftstheorie zu anderen Wirtschaftssystemen.- Ethische Wurzeln von Lists Wirtschaftstheorie.- Friedrich List. Ein Ökonom mit Weitblick.- Friedrich List. Vordenker der Sozialen Marktwirtschaft.- Die Bittschrift an die Bundesversammlung - ein deutscher Erinnerungsort.- Die Arbeits- und Tauschwerttheorie sowie die Geldtheorie von Friedrich List.- Friedrich List und die europäische Integration.- Grundzüge der Entwicklungspolitik.- Aktuelle und künftige Kardinalprobleme der Weltwirtschaft.

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Book SynopsisDie moderne Ökonomie befindet sich in einem tiefgreifenden Wandel. Während schon seit geraumer Zeit der Kapitalismus als Wirtschaftsform massiver Kritik ausgesetzt ist, stellen sich, ausgelöst durch die jüngsten Ereignisse rund um die Corona-Pandemie, weitere grundlegende Fragen an die Ökonomie: Wie viel Staat und wie viel Markt braucht sie? Hält die moderne Ökonomie für die Ökologie die richtigen Antworten bereit? Hat sie ein Rezept für die zunehmende Ungleichheit in unserer Gesellschaft und wie sieht es zukünftig mit unserem Wohlstand aus? Ist die heutige Ökonomie auf die Auswirkungen der Digitalisierung ausreichend vorbereitet und welchen Beitrag liefert die ökonomische Theorie zu allen diesen Themen? Das sind die wichtigsten Fragen, die dieses Buch beantworten will. Gerade die dramatische Krise des Jahres 2020 hat gezeigt, dass die Wirtschaft mit ihren Akteuren und Unternehmen ohne den Staat nicht alleine existieren kann. Gigantische staatliche Rettungsschirme in dreistelliger Milliardenhöhe von EU, Bund und Ländern haben wesentliche Teile der Wirtschaft vor dem sicheren Ruin bewahrt. Es scheint, dass wir wesentliche Grundfragen unserer modernen Wirtschaft neu hinterfragen müssen. Nachdem Detlef Pietsch in seinem letzten Buch “Eine Reise durch die Ökonomie“ vor allem die ökonomische Vergangenheit und ihre Kernideen erläutert hat, widmet er sich nun der Gegenwart. Spannend zu lesen, lehrreich und regt zum Nachdenken über die heutige Ökonomie an. Table of ContentsEinleitung.- Prinzipien des Marktes.- Prinzipien der Wirtschaftsordnung.- Prinzipien staatlicher Intervention.- Prinzipien des Wohlstands.- Prinzipien ökonomischer Theorie und Forschung.- Perspektiven ökonomischer Praxis.

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Book SynopsisEs läuft ganz und gar nicht rund in unserer Wirtschaft: Kam bereits vor der Pandemie der Wohlstand nicht mehr bei allen an, wurde die soziale Ungleichheit durch Corona noch weiter verschärft. Von Bildungsgerechtigkeit konnte spätestens zu Zeiten von Homeschooling nicht mehr die Rede sein. Zusätzlich bedrohte Hochwasser im Sommer 2021 einige Gebiete in Deutschland und hinterließ viele Tote. Einige verloren in kurzer Zeit ihr Hab und Gut und standen buchstäblich vor dem Nichts. Der Klimawandel ist nicht mehr zu leugnen, er hat uns alle mit Wucht erfasst. Dass wir die Ökonomie dringend mit der Ökologie versöhnen müssen, ist mittlerweile allen klar. Die Frage ist lediglich, wie das konkret aussehen soll. Nehmen wir diese Ereignisse als Aufforderung, intensiv darüber nachzudenken und zu diskutieren, wie wir unsere Wirtschaft ethisch auf ein neues Niveau heben können.Table of Contents1. Wir brauchen eine ethisch überarbeitete Wirtschaft 2. Ökonomie und Ethik: Ein gegensätzliches Paar? 2.1 Ökonomie schafft nicht zwingend Wohlstand für alle 2.2 Ethik ist nicht angeboren 2.3 Einigendes und Trennendes 2.4 Kann es so etwas wie eine ethische Ökonomie geben? 3. Woher kommt die Ethik? Eine kurze Ideengeschichte 3.1 Ethik als Tugend 3.2 Ethik auf Gott bezogen 3.3 Ethik als Gefühl 3.4 Ethik als Vernunft und inneres Pflichtgefühl 3.5 Ethik als Nützlichkeit 3.6 Ethik für das 21. Jahrhundert 4. Aktuelle Herausforderungen der ökonomischen Ethik 4.1 Armut und Ungleichheit in der Welt 4.2 Die Mär von der Chancen- und Bildungsgerechtigkeit 4.3 Ökonomie und Gesellschaft: Eigennutz vor Solidarität? 4.4 Das ethische System der Wirtschaft 5. Die Zerstörung der Umwelt als ethische Herausforderung 5.1 Klimawandel: Es ist eine Sekunde nach zwölf 5.2 Artenvielfalt und Tierwohl: Schützt die Biodiversität! 5.3 Verschmutzung: Wie retten wir die Erde? 5.4 Gegenmaßnahmen: Was ist zu tun? 6. Globalisierung, Digitalisierung und Ethik 6.1 Gewinner und Verlierer der Globalisierung 6.2 Wir brauchen eine universale Moral 6.3 Ethische Herausforderungen der Digitalisierung 6.4 Korrekturmöglichkeiten: Was können wir tun? 7. Der Einzelne, die Unternehmen und die Ethik 7.1 Individuelle Moral: Was soll ich tun? 7.2 Der ehrbare Kaufmann: Welche Maximen gelten? 7.3 Die anständige Führungskraft: Woran wird sie gemessen? 7.4 Das moralische Unternehmen: Wie sieht es aus? 8. Ethik in Zeiten von Corona 8.1 Ökonomie und Gesundheit: Wie bekommen wir beides in Einklang? 8.2 Virtuell statt physisch: Neue Werte der Zusammenarbeit? 8.3 De-globalisierung. Abschied von der Weltökonomie? 8.4 Ökonomie und Corona: Was ändert sich künftig?

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Book SynopsisWer die Geschichte der Wirtschaft nicht kennt, kann auch nicht kompetent über die Zukunft der Wirtschaft nachdenken. Dieses Buch bietet einen Einstieg in die Wirtschaftsgeschichte für alle, die nach mehr als nur trockener Theorie suchen. Der Autor führt Sie auf eine Reise durch die Ökonomie von den Anfängen in der Steinzeit bis hin zur Digitalisierung in der Neuzeit. Neben dem Wesen und Grundprinzipien der Ökonomie werden vor allem auch große Denker wie Aquin, Keynes und Erhard vorgestellt. Während es den antiken Philosophen wie Platon und Aristoteles vor allem um die ethische Dimension des Wirtschaftens ging, dachte der erste neuzeitliche Ökonom und Moralphilosoph Adam Smith beispielweise darüber nach, wie Nationen zu Wohlstand gelangen können. Heute hingegen – in einer Zeit, in der der Kapitalismus zunehmend unter Beschuss gerät – stellt sich eher die Frage, wie (in Zeiten der Digitalisierung) der Wohlstand bei allen ankommen kann. Das Buch greift demnach nicht nur die ökonomischen Konzepte der Vergangenheit und der Gegenwart auf, sondern wirft auch einen spannenden Blick auf die Zukunft. Fragen der sozialen Gerechtigkeit werden genauso diskutiert wie die Themen Digitalisierung, Globalisierung und Ökologie.Die zweite Auflage wurde aufgrund der aktuellen globalen Ereignisse um ein Kapitel zur „Ökonomie in unsicheren Zeiten“ ergänzt, welches sich u.a. mit den ökonomischen Folgen der Corona-Pandemie und des Krieges in der Ukraine beschäftigt. Table of ContentsEine Reise durch die Geschichte der Ökonomie.- Steinzeit, Antike und Vorklassik.- Klassik.- Neoklassik und jüngere Vergangenheit.- Gegenwart.-Aktuelle und zukünftige Herausforderungen der Wirtschaft.- Die Quintessenz des ökonomischen Denkens.- Die drängendsten Themen der Wirtschaft von morgen.

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Book SynopsisFriedrich List war ein bedeutender Vorreiter des deutschen Journalismus. Obgleich sein „National.-Magazin“ von 1834 eine innovative journalistische Pionierleistung im Vormärz darstellt, ist das Blatt weitgehend unbekannt geblieben. Es handelt sich um eine der ersten Publikumszeitschriften, die sich nicht nur an das Bildungsbürgertum, sondern auch an die „bildungsferne“ Bevölkerung richtete und über unterhaltsame und innovative Themen aus allen Wissensgebieten und der ganzen Welt informieren wollte. Dabei machte sich das Blatt eine neue Reproduktionstechnik – die Xylographie - für die Wiedergabe von Bildern zu nutze. Aus heutiger Sicht sind vor allem die zahlreichen Städtebilder von Interesse. Zu einer Städtetour vereint, nehmen sie uns auf eine spannende Expedition durch Westeuropa mit. Das Buch bildet Band XII der Schriftenreihe des Autors zu Friedrich List und setzt damit einen Schlusspunkt. Das „National-Magazin“ ist ein frühes, von England inspiriertes Zeugnis, dass mit illustrierten Unterhaltungsjournalen das aufstrebende Bürgertum mit einem neuartigen medialen Genre angesprochen und erreicht wird. Table of ContentsEin innovativer medientechnischer Nukleus.- Die Aufgabenverteilung und Zusammenarbeit zwischenFriedrich List, Johann Jakob Weber und Otto Wigand.- Redaktionelle Gegebenheiten.- Von Berlin nach Straßburg.- Intermezzo: Stadtbesichtigung in Wien, Hauptstadt der k. und k. Monarchie.- Über die Alpen nach Italien.- Bella Italia – Von Venedig bis Neapel.- Eine historische Mittelmeerkreuzfahrt.- Tour de France – eine Stippvisite durch Frankreich.- Auf Umwegen von Paris nach London.- Old England – eine Reise von England nach Schottland.- Auf hoher See: Rückreise nach Hamburg.

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Book SynopsisAnhand zweier Fallbeispiele gelingt erstmals der empirische Nachweis eines Resilienz-Managements frühneuzeitlicher Kaufleute. Sowohl der Augsburger David Gauger als auch der Bozner David Wagner stehen stellvertretend für den Typus des kleineren und mittleren (Einzel-)Unternehmers, der im letzten Drittel des 16. Jahrhunderts eine zunehmend wichtige Rolle als Träger des oberdeutschen Fernhandels einnahm. Der Resilienz-Begriff zielt dabei nicht nur auf die Frage nach dem reaktiven und proaktiven Umgang mit disruptiven Ereignissen, sondern auch auf die erfolgreiche Bewältigung der Herausforderungen eines wirtschaftlichen Strukturwandels. Basierend auf einem methodisch-theoretischen Ansatz, der Liquidität, Wissen und Netzwerke als die drei für die Resilienz eines Unternehmens fundamentalen Ressourcen definiert, werden die Geschäftsbücher der beiden Kaufleute aus einer mikroökonomisch-praxeologischen Perspektive analysiert und deren Handeln in Bezug zu potentiell disruptiven Ereignissen gesetzt. Im Mittelpunkt stehen die Buchführung als Resilienz-Instrument, Organisationsformen, die die Bündelung von Resilienz-Ressourcen unter Kooperationspartnern erlaubten, sowie die durch die Inanspruchnahme von Finanzdienstleistungen gewährleistete Sicherung, Steuerung und Kontrolle von Liquidität.Table of ContentsEinleitung.- Methodische Überlegungen – Resilienz und Resilienzmanagement.- Buchführung – Zwischen wirtschaftshistorischer Quelle und Resilienz.- Herkunft, Sozialisation und Rahmenbedingungen – Resilienz-Ressourcen am Ausgangspunkt der Untersuchung.- Geschäftsfelder der Kaufleute - Zwischen Spezialisierung und Diversifikation.- Organisationsformen und Personalstruktur.- Zahlungsverkehr und Kredit – Resilient durch Liquidität.- Schlussbetrachtung.

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