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Economists at War
Wartime is not just about military success. Economists at War tells a different story - about a group of remarkable economists who used their skills to help their countries fight their battles during the Chinese-Japanese War, Second World War, and the Cold War. 1935-55 was a time of conflict, confrontation, and destruction. It was also a time when the skills of economists were called upon to finance the military, to identify economic vulnerabilities, and to help reconstruction. Economists at War: How a Handful of Economists Helped Win and Lose the World Wars focuses on the achievements of seven finance ministers, advisors, and central bankers from Japan, China, Germany, the UK, the USSR, and...
Love, Self-Deceit and Money
"Love drives and gives life to the commerce of mankind." Thus, the sixteen year old Ferdinando Galiani (1728-1787) presented his project to understand the sociable nature of man. This observation, a reflection of his own position on the relation between trade and virtue, hinted at what the mature works of Galiani, one of the most noteworthy economists and wits in eighteenth-century Italy, would eventually yield. In Love, Self-Deceit, and Money, Koen Stapelbroek reconstructs the Early Neapolitan Enlightenment debate on the morality of market societies, a debate that hinged on the preservation of Naples' independent statehood in a global arena of commercial and military competition. Galiani re...
The Origins of Neoliberalism
Neoliberalism is a doctrine that adopts a free market policy in a deregulated political framework. In recent years, neoliberalism has become increasingly prominent as a doctrine in Western society, and has been heavily discussed in both academia and the media. In The Origins of Neoliberalism, the joint effort of an economist and a philosopher offers a theoretical overview of both neoliberalism’s genesis within economic theory and social studies as well as its development outside academia. Tracing the sources of neoliberalism within the history of economic thought, the book explores the differences between neoliberalism and classical liberalism. This book’s aim is to make clear that neoli...
Natural Law and the Origin of Political Economy
Samuel Pufendorf’s work on natural law and political economy was extensive and has been cited by several important figures in the history of economic thought. Yet his name is rarely mentioned in textbooks on the history of economic thought, the history of political science or the history of philosophy. In this unprecedented study, Arild Sæther sheds new light both on Pufendorf’s own life and work, as well as his influence on his contemporaries and on later scholars. This book explores Pufendorf ’s doctrines of political economy and his work on natural law, which was translated into several major European languages. Natural Law and the Origin of Political Economy considers the influence he had on the writings on political economy of John Locke, Charles Montesquieu, Jean-Jacques Rousseau, Francis Hutcheson and Adam Smith, amongst others. If Smith can be called the father of modern economics, this book claims that Pufendorf can be called the grandfather. This volume is of great importance to those who study Pufendorf ’s extensive works, as well as those interested in history of economic thought, political economy and political philosophy.
The Contested World Economy
The rapid growth of the field of international political economy since the 1970s has revived an older tradition of thought from the pre-1945 era. The Contested World Economy provides the first book-length analysis of these deep intellectual roots of the field, revealing how earlier debates about the world economy were more global and wide-ranging than usually recognized. Helleiner shows how pre-1945 pioneers of international political economy included thinkers from all parts of the world rather than just those from Europe and the United States featured in most textbooks. Their discussions also went beyond the much-studied debate between economic liberals, neomercantilists, and Marxists, and addressed wider topics, including many with contemporary relevance, such as environmental degradation, gender inequality, racial discrimination, religious worldviews, civilizational values, national self-sufficiency, and varieties of economic regionalism. This fascinating history of ideas sheds new light on current debates and the need for a global understanding of their antecedents.
The Free Port of Livorno and the Transformation of the Mediterranean World, 1574-1790
In the twilight of the Renaissance, the grand duke of Tuscany--a scion of the fabled Medici family of bankers--invited foreign merchants, artisans, and ship captains to settle in his port city of Livorno. The town quickly became one of the most bustling port cities in the Mediterranean, presenting a rich tableau of officials, merchants, mariners, and slaves. Nobody could have predicted in 1600 that their activities would contribute a chapter in the history of free trade. Yet by the late seventeenth century, the grand duke's invitation had evolved into a general program of hospitality towards foreign visitors, the liberal treatment of goods, and a model for the elimination of customs duties. Livorno was the earliest and most successful example of a free port in Europe. The story of Livorno shows the seeds of liberalism emerging, not from the studies of philosophers such as Adam Smith, but out of the nexus between commerce, politics, and identity in the early modern Mediterranean.
Pax Economica
"A new economic history which uncovers the forgotten left-wing, anti-imperial, pacifist origins of economic cosmopolitanism and free trade from the mid-nineteenth to the mid-twentieth century. The post-1945 international free-trade regime was established to foster a more integrated, prosperous, and peaceful world. As US Secretary of State Cordell Hull (1933-1944), "Father of the United Nations" and one of the regime's principal architects, explained in his memoirs, "unhampered trade dovetailed with peace; high tariffs, trade barriers, and unfair economic competition, with war." Remarkably, this same economic order is now under assault from the country most involved in its creation: the Unite...
Simone Luzzatto’s Scepticism in the Context of Early Modern Thought
Much of the most recent research on Jewish scepticism was inspired by the work of the early modern Venetian rabbi Simone Luzzatto, the first thinker in the history of Jewish thought to declare himself a sceptic and a follower of the New Academy. This collected volume shines new light on the intimate relationship between Luzzatto’s sceptical thinking and an era marked by paradoxes and contrasts between religious devotion and scientific rationalism, as well as between the rabbinic-biblical Jewish tradition and the open tendency towards engagement with non-Jewish philosophical, literary, scientific, and theological cultures. It plots out an original path along which to understand Luzzatto’s scepticism by pointing to the various facets of being a Jewish sceptic in seventeenth-century Italy.
An Institutional History of Italian Economics in the Interwar Period — Volume II
Italy is well known for its prominent economists, as well as for the typical public profile they have constantly revealed. But, when facing an illiberal and totalitarian regime, how closely did Italian economists collaborate with government in shaping its economic and political institutions, or work independently? This edited book completes a gap in the history of Italian economic thought by addressing in a comprehensive way the crucial link between economics and the fascist regime, covering the history of political economy in Italy during the so-called “Ventennio” (1922-1943) with an institutional perspective. The approach is threefold: analysis of the academic and extra-academic scene,...
Managing the Wealth of Nations
‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Robinson Rössner shows how, when looked at in the face of history, it has usually been the other way around. This book follows the development of capitalism from the Middle Ages through the industrial revolution to the modern day, casting new light on the areas where premodern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations. Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.
