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Geoff Pilling’s work shows that Marxist theory is relevant to those struggling to understand the problems of capitalist society today, and that the work not only of Marx and Engels but that of later Marxist theorists, including Lenin is worth studying. It also shows that to understand the problems of today’s society needs more than narrow specialist economic analysis, but a deep awareness of current developments in society.
This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.
There is a standard belief that the modern theory of marginal utility originated in the UK with Jevons, Germany with Gossen, Austria with Menger and France with Walras. In this new book, John Chipman introduces new English translations of important writings from German economists such as Rau, Hildebrand, Roscher and Knies showing that the introduction of this concept originated with them. This ground breaking book comes with a long introduction from John Chipman analysing the theory.
Kenneth Boulding was a prolific writer across so many different fields that not only is he often much referred to and cited, he is considered a core member of many of these fields. Boulding is the quintessential interdisciplinary scholar. He died in 1993, but he has left a legacy in economics, conflict studies, systems theory, ecology, biology, communication studies, and ethics. As an economist proper he has tested and expanded the boundaries of that field without unduly "invading" and undermining the expertise and established knowledge of the other social sciences. This proposed volume will allow scholars who have worked or are starting to work in areas that Boulding has initiated, established and made a continued contribution to, to understand the links between these fields and other related ones. The volume will establish a source of inspiration for some time to come.
A century ago, John Maynard Keynes entered the Treasury to serve his country during the First World War, but as is well known, appalled by the terms of the end-of-war Treaty of Versailles, he abandoned the British delegation, outlining the predictable adverse results in the Economic Consequences of the Peace, published in 1919. Far less well known is his personal and political development that led him to be called to service even before Great Britain entered the conflict. Starting from Keynes’s early political activity, Carlo Cristiano charts the stages through which Alfred Marshall’s young pupil rapidly rose to be one of his country’s major experts on monetary issues. The very young L...
American households, businesses, and governments have always used intensive amounts of credit. The Engine of Enterprise traces the story of credit from colonial times to the present, highlighting its productive role in building national prosperity. Rowena Olegario probes enduring questions that have divided Americans: Who should have access to credit? How should creditors assess borrowers’ creditworthiness? How can people accommodate to, rather than just eliminate, the risks of a credit-dependent economy? In the 1790s Alexander Hamilton saw credit as “the invigorating principle” that would spur the growth of America’s young economy. His great rival, Thomas Jefferson, deemed it a grav...
Despite his achievements, David Ricardo’s views on money have often been misunderstood and underappreciated. His advanced ideas had to wait until the twentieth century to be applied, and most historians of economic thought continue to consider him as an obsolete orthodox. The last book devoted in tribute to Ricardo as a monetary economist was published more than 25 years ago. Ricardo on Money encompasses the whole of Ricardo’s writings on currency, whether in print, unpublished notes, correspondence, or reported parliamentary speeches and evidence. The aim of the book is at rehabilitating Ricardo as an unorthodox theorist on money and suggesting his relevance for modern analysis. It is d...
Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions on the occasion of his 65thbirthday by bringing together a unique collection of new essays by distinguished economists from around the world. Keynes, Sraffa, and the Criticism of Neoclassical Theory comprises twenty-three essays, covering themes in Keynesian economic theory, in the development of the modern classical approach to economic theory, linear production models, and the critique of neoclassical theory. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
The book covers Hume’s biographical development; his self appraisal as a 'man of letters’; his philosophical writings with emphasis on their direct and indirect economic content; his self-aware criticism of his approach to the Treatise and the development of his rhetorical understanding of the needs/interests of his readers/potential readers; his rhetorical turn and Ciceronian adjustments to his writing within the genre of the essay, including his two Enquiries; his political essays and his nine essays conventionally classified as economic. The work aims to show how the Treatise and its vicissitudes gave rise to his economics. The work takes a broad approach to Hume and his writings on economic topics from the Treatise, through the Enquires and on to his political and economic essay. The work also explores Hume’s textual method and charts the move from abstruse philosophy to a Ciceronian engagement with social conditions and problems as developed in the Political Discourses. In addition, Hume’s extensive use of analogies is also brought into clearer focus than is found in other texts. Overall, the book will be of great use to both postgraduates and undergraduates alike.
This book deals with the prime movers of socio-economic development, innovations and technical change, their origins, forms and effects. It contains a set of closely related chapters, some of which have been previously published as papers in scholarly journals