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War, Wine, and Taxes
  • Language: en
  • Pages: 174

War, Wine, and Taxes

In War, Wine, and Taxes, John Nye debunks the myth that Britain was a free-trade nation during and after the industrial revolution, by revealing how the British used tariffs—notably on French wine—as a mercantilist tool to politically weaken France and to respond to pressure from local brewers and others. The book reveals that Britain did not transform smoothly from a mercantilist state in the eighteenth century to a bastion of free trade in the late nineteenth. This boldly revisionist account gives the first satisfactory explanation of Britain's transformation from a minor power to the dominant nation in Europe. It also shows how Britain and France negotiated the critical trade treaty o...

Institutions, Innovation, and Industrialization
  • Language: en
  • Pages: 438

Institutions, Innovation, and Industrialization

This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in ninetee...

Killer High
  • Language: en
  • Pages: 353

Killer High

In Killer High, Peter Andreas tells the story of war from antiquity to the modern age through the lens of six psychoactive drugs: alcohol, tobacco, caffeine, opium, amphetamines, and cocaine. Armed conflict has become progressively more "drugged" with the global spread of these mind-altering substances. From ancient brews and battles to meth and modern warfare, drugs and war have grown up together and become addicted to each other. By looking back not just years and decades but centuries, Andreas reveals that the drugs-conflict nexus is actually an old story, and that powerful states have been its biggest beneficiaries.

Individuals, Institutions, and Markets
  • Language: en
  • Pages: 336

Individuals, Institutions, and Markets

This book shows how the institutional framework of a society emerges and how markets within institutions work.

Developing Property Rights Theory
  • Language: en
  • Pages: 284

Developing Property Rights Theory

This book aims to interpret China’s property-rights reform since 1978 on theory level. Property-rights reform is no doubt the essential for economic system reform, which led to China’s economic miracle in the past 40 years. Neither modern property-rights theory nor Marxism can explain all issues around Chinese complex economic system reform. The book sheds light on the theory development through comparative study and China-focused research.

Why Liberalism Works
  • Language: en
  • Pages: 399

Why Liberalism Works

An insightful and passionately written book explaining why a return to Enlightenment ideals is good for the world "Beginning with the simple but fertile idea that people should not push other people around, Deirdre McCloskey presents an elegant defense of 'true liberalism' as opposed to its well-meaning rivals on the left and the right. Erudite, but marvelously accessible and written in a style that is at once colloquial and astringent."--Stanley Fish The greatest challenges facing humankind, according to Deirdre McCloskey, are poverty and tyranny, both of which hold people back. Arguing for a return to true liberal values, this engaging and accessible book develops, defends, and demonstrate...

The Historicity of Economics
  • Language: en
  • Pages: 256

The Historicity of Economics

In this volume, continuities and discontinuities between Historical School of Economics and Old Institutional Economics are examined with regard to common research objectives and methods. Similarly, those between these two economic movements and New Institutional Economics as well as new economic sociology are discussed. The following questions functioned as a guideline for the contributing economists, sociologists, historians, and philosophers: Can we meaningfully speak of the Historical School of Economics (HSE) as an economic research program? What are the commonalities between the HSE and American old economic institutionalism? Does the HSE represent a part of the "lost anteroom" of New Institutional Economics and new economic sociology? How and why should the HSE matter to how we do economic and social theory today?

Reputation and International Cooperation
  • Language: en
  • Pages: 324

Reputation and International Cooperation

How does cooperation emerge in a condition of international anarchy? Michael Tomz sheds new light on this fundamental question through a study of international debt across three centuries. Tomz develops a reputational theory of cooperation between sovereign governments and foreign investors. He explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment. Tomz's theory generates novel predictions about the dynamics of cooperation: how investors treat first-time borrowers, how access to credit evolves as debtors become more seasoned, and how countries ascend and descend the reputational ladder by a...

Golden Rules
  • Language: en
  • Pages: 370

Golden Rules

Water supply is an extremely contentious resource issue in California and the West. The framework currently used to resolve these issues, however, is based on the legal system that arose in response to the 1849 Gold Rush, and on which California and other Western states modeled their laws. In "Golden Rules: The Origins of California Water Law in the Gold Rush," Mark Kanazawa mines a vast cache of previously untapped historical sources both to tell the story of California s water laws and to shed light on how institutions and economies develop in relation to each other. The Gold Rush was a massive shock to the California economy and provides a unique opportunity in which to observe largely un...

Liberal Reform in an Illiberal Regime
  • Language: en
  • Pages: 323

Liberal Reform in an Illiberal Regime

An examination of property rights reforms in Russia before the revolution reveals the advantages and pitfalls of liberal democracy in action—from a government that could be described as neither liberal nor democratic. The author analyzes whether truly liberal reform can be effectively established from above versus from the bottom up—or whether it is simply a product of exceptional historical circumstances.