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Governance, Growth and Global Leadership
This book focuses on the role of the state in promoting a country's long-term technological progress and industrial leadership. Throughout history, a nation's rise to dominance has invariably been followed by its fall; the dominant powers of today are not the same ones that controlled the world three hundred years ago. In the same manner, economic dominance has usually been fleeting, as leading nations have routinely been caught up and surpassed by challengers. This study looks at Schumpeterian growth - currently the most important source of economic growth - which credits the ability to use technological progress for the benefit of industrial leadership as the key motor of national developm...
The Grey Undercurrent
By extending their voyages to all oceans from the 1760s onward, whaling vessels from North America and Europe spanned a novel net of hunting grounds, maritime routes, supply posts, and transport chains across the globe. For obtaining provisions, cutting firewood, recruiting additional men, and transshipping whale products, these highly mobile hunters regularly frequented coastal places and islands along their routes, which were largely determined by the migratory movements of their prey. American-style pelagic whaling thus constituted a significant, though often overlooked factor in connecting people and places between distant world regions during the long nineteenth century. Focusing on Africa, this book investigates side-effects resulting from stopovers by whalers for littoral societies on the economic, social, political, and cultural level. For this purpose it draws on eight local case studies, four from Africa’s west coast and four from its east coast. In the overall picture, the book shows a broad range of effects and side-effects of different forms and strengths, which it figures as a "grey undercurrent" of global history.
Income Distribution in Macroeconomic Models
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible...
Late Capitalism
Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the "laws of motion" of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century. Mandel’s book starts with a challenging discussion of the appropriate methods for studying the capitalist economies. He seeks to show why the classical approaches of Luxemburg, Bukharin, Bauer and Grossman failed to accomplish the further development of Marxist theory whose urgency became evident after Marx's death. He then sketches t...
Atlantic slave trade
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The Revolution that Bit Its Own Tail
The 1960s witnessed a revolutionary change in economic history, to such an extent that in less than ten years time, the discipline was hardly recognizable thereafter. The essentially literary-descriptive method that had characterized economic history since its very beginnings in the second half of the 19th century, gave way to rigorous quantitative testing of mathematically formulated hypotheses, and as a result a host of formerly generally accepted ideas suddenly and quite unexpectedly lost their credibility in academic circles. Although the revisions that were the result of this so called cliometric revolution had a major impact on our ideas on economic development, this methodological rev...
The Sounding of the Whale
Explores how humans' view of whales changed from the nineteenth to the twentieth century, looking at how the sea mammals were once viewed as monsters but evolved into something much gentler and more beautiful.
Dairy Field
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The Oxford Encyclopedia of Economic History
What were the economic roots of modern industrialism? Were labor unions ever effective in raising workers' living standards? Did high levels of taxation in the past normally lead to economic decline? These and similar questions profoundly inform a wide range of intertwined social issues whose complexity, scope, and depth become fully evident in the Encyclopedia. Due to the interdisciplinary nature of the field, the Encyclopedia is divided not only by chronological and geographic boundaries, but also by related subfields such as agricultural history, demographic history, business history, and the histories of technology, migration, and transportation. The articles, all written and signed by international contributors, include scholars from Europe, Latin America, Africa, and Asia. Covering economic history in all areas of the world and segments of ecnomies from prehistoric times to the present, The Oxford Encyclopedia of Economic History is the ideal resource for students, economists, and general readers, offering a unique glimpse into this integral part of world history.
