As a broad introduction to the history of economic thought – based on courses the authors have taught for many years – this book provides a magisterial overview for students and teachers who have not ...had the opportunity to cover the development of the field of economics in its historical context. The text is presented as a series of twenty-four lectures, which can be used as the basis for self-study or for the delivery of a course. Each lecture presents an outline of aims, a select bibliography, a chronology, an overview of between 3, 000 and 4, 000 words, and questions for further study or reflection. Contemporary understanding of economic principles sheds little light on the manner in which past thinkers thought, so the reader is provided with the much-needed context behind the development of ideas, as well as being guided through the original writings of economists such as Smith, Jevons, Marshall, Robbins, Keynes and others. The emphasis is on the broad developing stream of economic argument from the seventeenth century to the present, seeking to emphasize a diversity that is sometimes suppressed in more conventional textbooks, which tend to organize their histories into sequences of schools of thought. Backhouse and Tribe bring their considerable insight and knowledge to bear on the text, having honed their presentation to the needs of those with no previous background in the subject, without sacrificing analysis or rigour. The book will be warmly welcomed by students and teachers alike.
Balancing the banks Dewatripont, Mathias; Rochet, Jean-Charles; Tirole, Jean ...
2010., 20100419, 2010, 2010-04-19, 20100101
eBook
The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. ...Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future.
FORTHCOMING OPEN ACCESS TITLE This collection of essays re-examines ideas of change and movements for change in early modern Europe without presuming that "progressive" change was the outcome of ..."reforms". "Reform" today implies rational, incremental change to public institutions and procedures. "Improvement" has a more general application, emphasising the positive outcome to which "reform" is oriented. But the language of reform is today used of historical personalities and movements that did not themselves use the term, and who in many cases were not necessarily seeking the progressive change that we would understand today. The activities of "reform" were embedded in contemporary politics, and while "improvement" was part of a contemporary vocabulary, its real presence has been obscured by the range of natural languages in which it was expressed. Contributors to this volume seek to establish what was meant by contemporary usage. Bringing together scholars of Russia, Southern, Western, Central and Northern Europe, this collection sheds new light on both common and divergent features of a political process too often treated as a uniform movement towards modernity. This volume is a useful resource for students and scholars interested in Enlightenment studies, intellectual history, and conceptual history in early modern Europe.
This essay presents the context of and motivation for Max Weber's 1917 lecture "Science as a Vocation". It provides an overview of the structure of the argument presented by Weber, and indicates the ...way in which it draws upon elements of his earlier work in outlining the nature of modern scientific engagement and the relation of the world of science to that of human values. Just as his essays on the Protestant Ethic turned on the central role of life conduct, so here Weber examines science in terms of the imperatives that the modern sciences impose upon its bearers.
Keith Tribe's new translation presents Economy and Society
as it stood when Max Weber died. One of the world's leading experts
on Weber's thought, Tribe has produced a clear and faithful
translation ...that will become the definitive English edition of one
of the few indisputably great intellectual works of the past 150
years.
During the 1790s Britain experienced a series of poor harvests which, given an expanding population and wartime disruption to the European grain trade, caused sudden and rapid increases in the ...domestic price of wheat. In modern discussion of Corn and Poor Laws the severity of these fluctuations has been obscured by the use of annual average grain prices, despite weekly county prices being available from 1771 as published in the London Gazette. We highlight the uncertainties of grain prices during the period 1794-96, drawing upon contemporary discussion published in the Annals of Agriculture of the problems arising from fluctuations in the price of wheat. Our purpose is to demonstrate that the tropes usually today associated with the Corn and Poor Laws – pauperism, a clash between merchant, manufacturing and landlord interests, population and impoverishment – are absent from discussion during this period. A doctrinaire “political economy” would develop in the early 1800s, but did not yet exist. Policy argument drew upon casuistic reasoning from circumstance and past experience. We also show in conclusion that Edmund Burke’s Thoughts and Details on Scarcity cannot be linked to “political economy”.
This is a critical bibliography of Adam Smith. It takes as its starting point the Vanderblue Collection of Smithiana held by the Kress Library and its accompanying published catalogue. This ...bibliography updates the catalogue, which only had a very limited original circulation. The problem with Adam Smith is not one of attribution but the re-shaping of his work by the accompanying commentary and notes or the effect of translation and abridgement. This critical bibliography hopes to bring order to this process. A listing of all editions with details of their salient points gives an overview of the critical work on Smith as a leading member of the Scottish Enlightenment.
Framing The Wealth of Nations Tribe, Keith
History of political economy,
10/2022, Volume:
54, Issue:
5
Journal Article
Peer reviewed
When
was published in 1776, this was recognized as another work by the author of
, a work that Smith extended and revised through six editions until the year he died, in 1790. Smith had in 1776 ...refrained from elaborating arguments that he had already made in 1759, and this was likely well understood by his contemporaries. But by the later 1790s
was no longer so widely read and was becoming regarded as dated in its approach. Smith had located the nature and causes of the wealth of nations in human attributes and prudent policy; detached from the context provided by
,
was now treated as a repository of economic principles that required criticism and correction. It was quickly converted into the founding text of a new political economy, exemplified by the French translation by Garnier (
), Jean-Baptiste Say's
(1803), and of course David Ricardo's
(1817). Political economists of the early nineteenth century disregarded most of those features of
that have since the later 1970s been reemphasized by new scholarship; that the Glasgow edition began publication for the 1976 bicentenary of
was at the time thought only fitting for a writer then treated as the property of economists. But by comparing Ricardo's
with Smith's
we can better understand that this foreshortened appreciation of Adam Smith's work has a longer history than usually thought.
