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Between its first date of publication in 1684 and 1784 classic 'Oesterreich über Alles Wann es Nur Will' went through more than twenty known editions which makes it, arguably, Europe's most successful 'economics textbook' prior to Adam Smith's 'Inquiry into the Nature and Causes of the Wealth of Nations' (1776). Philipp Wilhelm von Hörnigk laid in this book the foundations of what has become known as the 'mercantilist' political economy - a strategy for achieving national wealth and political strength simultaneously by building up a competitive domestic manufacturing industry with the help of the state. Hörnigk advocated standard recipes known from modern development economics, such as im...
In showing how an overriding concern with religious salvation was transformed into a concentration on material increase and economic policies, Pamela Smith depicts the rise of modern sicence and early capitalism in the 16th- and 17-century world of the Holy Roman Empire. Smith uses as example the life of Johann Joachim Becher (1635-1682), whose ideasfrom alchemy to economicstypify those of his generation. 30 photos.
Austria Supreme (if it so wishes) (1684) provides a translation of and a scholarly introduction to the Austrian-German Mercantilist classic Oesterreich über Alles Wann es Nur Will (1684) by Philipp Wilhelm von Hörnigk. Published a few months after the unsuccessful 1683 siege of Vienna by the Turks, a turning point in European history, the book stayed in print for more than 100 years. This was the most widely read German language economic textbook of the period, containing, in a nutshell, the essential ingredients of economic strategy that would make Austria and Europe grow rich and eventually overtake the rest of the world as the first world region that experienced an industrial revolution. In Oesterreich über Alles Wann es Nur Will Hörnigk updates and redefines the Mercantilist political economy – a strategy for achieving national wealth and political strength simultaneously by building up a competitive domestic manufacturing industry with the help of the state. Austria Supreme (if it so wishes) (1684) is the first-ever English translation of a work whose importance for European economic development and the ‘European Miracle’ cannot be overestimated.
A history of the emergence of development economics as a distinct sub-discipline.
At the time of his death in 1950, Joseph Schumpeter was working on his monumental History of Economic Analysis. Unprecedented in scope, the book was to provide a complete history of economic theory from Ancient Greece to the end of the second world war. A major contribution to the history of ideas as well as to economics, History of Economic Analysis rapidly gained a reputation as a unique and classic work. As well being an economist, Schumpeter was a gifted mathematician, historian, philosopher and psychologist and this is reflected in the multi-disciplinary nature of his great endeavour. Topics addressed include the techniques of economic analysis, contemporaneous developments in other sciences and the sociology of economics. This inclusiveness extends to the periods and individuals who figure in the book. As well as dealing with all of the major economists from Adam Smith to Maynard Keynes, the book considers the economic writings of Plato and Aristotle, of the Medieval Scholastics and of the major European economists. Throughout, Schumpeter perceived economics as a human science and this is reflected in a volume which is lucid and insightful throughout.
Der Kameralist Philipp Wilhelm von Hörnigk (1640-1714) war bisher gemessen an seiner effektiven Bedeutung - von der Wissenschaft in Leben und Werk unzureichend erforscht. Die Komplettierung des Datengerüstes seines Lebens anzustreben, darüber hinaus sein Wirken speziell als Politiker, sein Schaffen als Archivar, sowie seine wirtschaftstheoretische Bedeutung für seine Zeit(genossen) adäquat zu skizzieren, ist das Hauptanliegen dieses biographischen Darstellungsversuchs.
Ju ̈ rgen G. Backhaus 1 Johann Heinrich Gottlob (von) Justi was born in 1702 in Bru ̈ cken in Prussia (county of Sangerhausen), studied law and cameral sciences in Wittenberg and Jena, yet had to leave the university, entered the Prussian military service, was captured during the Austrian war of succession by the Austrians but escaped to Leipzig (Saxony) where he studied mineral sciences. In 1750 he was called to a chair ‘‘Cameral Sciences and Rhetorics’’ at the new Theresian Academy of Knights in Vienna. There, he gave two important inaugural lectures which are the focal point of this book. In 1754, Justi was appointed a mineral counsellor in Gottingen ̈ (Hanover), and lectured a...
The Scientific Revolution Revisited brings Mikuláš Teich back to the great movement of thought and action that transformed European science and society in the seventeenth century. Drawing on a lifetime of scholarly experience in six penetrating chapters, Teich examines the ways of investigating and understanding nature that matured during the late Middle Ages and the Renaissance, charting their progress towards science as we now know it and insisting on the essential interpenetration of such inquiry with its changing social environment. The Scientific Revolution was marked by the global expansion of trade by European powers and by interstate rivalries for a stake in the developing world ma...
By most accounts, China has quickly grown into the second largest economy in the world. In this controversial new book, Subramanian argues that China has already become the most economically dominant country in the world in terms of wealth, trade and finance. Its dominance and eclipsing of US global economic power is more imminent, more broad-based and larger in magnitude than anyone has anticipated. Subramanian compares the economic dominance of China with that of the two previous economic superpowers--the United States and the United Kingdom--and highlights similarities and differences. One corollary is that the fundamentals are strong for the Chinese currency to replace the dollar as the world's reserve currency. The final chapter forecasts how the international economic system is likely to evolve as a result of Chinese dominance.