Description

Despite being an integral part of modern economic science, the subject of financial economics has deep historical roots. Geoffrey Poitras provides an exhaustive account of the early development of the subject and, in so doing, provides a sound basis for the study of modern financial economics.

By the time The Wealth of Nations had appeared, financial economics featured a well developed body of scientific knowledge, covering subjects such as fixed income evaluation, life insurance and derivative securities. From beginnings which are traced back to the commercial arithmetic of the Renaissance reckoning schools, by the latter part of the 18th century financial economics had witnessed contributions by the likes of Abraham de Moivre, Edmond Halley and Simon Stevin. This book chronicles the development of early financial economics, from the appearance of the first printed commercial arithmetic in 1478 to the publication of The Wealth of Nations in 1776.

This book will prove invaluable to scholars of financial economics and the history of economic thought.

The Early History of Financial Economics, 1478–1776: From Commercial Arithmetic to Life Annuities and Joint Stocks

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Hardback by Geoffrey Poitras

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Despite being an integral part of modern economic science, the subject of financial economics has deep historical roots. Geoffrey Poitras... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 25/08/2000
    ISBN13: 9781840644555, 978-1840644555
    ISBN10: 1840644559

    Number of Pages: 544

    Non Fiction , Business, Finance & Law

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    Description

    Despite being an integral part of modern economic science, the subject of financial economics has deep historical roots. Geoffrey Poitras provides an exhaustive account of the early development of the subject and, in so doing, provides a sound basis for the study of modern financial economics.

    By the time The Wealth of Nations had appeared, financial economics featured a well developed body of scientific knowledge, covering subjects such as fixed income evaluation, life insurance and derivative securities. From beginnings which are traced back to the commercial arithmetic of the Renaissance reckoning schools, by the latter part of the 18th century financial economics had witnessed contributions by the likes of Abraham de Moivre, Edmond Halley and Simon Stevin. This book chronicles the development of early financial economics, from the appearance of the first printed commercial arithmetic in 1478 to the publication of The Wealth of Nations in 1776.

    This book will prove invaluable to scholars of financial economics and the history of economic thought.

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