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Explores how the Virginia School developed an economics for natural equals in which consent is critical for policy.
William Stanley Jevons occupies a pivotal position in the history of economic thought, spanning the transition from classical to neo-classical economics and playing a key role in the Marginal Revolution. The breadth of Jevons's work is examined here which: * includes a detailed consideration of a wide range of his work-policy, theoretical, methodological, applied and empirical * relies on textual exegis * takes account of a wide range of secondary sources A new approach to the 'Jevonian revolution' is adopted, which emphasizes the link between poverty and economics and focuses on the nature and meaning of rationality in Jevonian economics.
This text interrogates the role of experts in governing and proposes a viable alternative: governing by democratic discussion.
The "Vanity of the Philosopher" continues the themes introduced in Levy's acclaimed book How the Dismal Science Got Its Name. Here, Peart and Levy tackle the issues of racism, eugenics, hierarchy, and egalitarianism in classical economics and take a broad view of classical economics' doctrine of human equality. Responding to perennial accusations from the left and the right that the market economy has created either inequality or too much equality, the authors trace the role of the eugenics movement in pulling economics away from the classical economist's respect for the individual toward a more racist view at the turn of the century. The "Vanity of the Philosopher" reveals the consequences ...
Noneconomists often think that economists' approach to race is almost exclusively one of laissez-faire. Racism, Liberalism, and Economics argues that economists' ideas are more complicated. The book considers economists' support of markets in relation to the challenge of race and race relations and argues that their support of laissez-faire has traditionally been based upon a broader philosophical foundation of liberalism and history: what markets have and have not achieved in the past, and how that past relates to the future. The book discusses the concepts of liberalism and racism, the history and use of these terms, and how that history relates to policy issues. It argues that liberalism ...
Political Economy as Theodicy: Progress, Suffering and Denial proposes that political economics operates within a theological symbolic order that dictates modern sociopolitical and economic life as a whole. This book revisits the work of key figures in the history of political economy and economic thought – primarily Adam Smith, Bernard Mandeville, David Hume, Thomas Malthus, W. Stanley Jevons, Alfred Marshall and John Bates Clark. Theodicy is a constitutive element of an international political economy (IPE) that often disavows moral evil, while it conversely redefines such evil as an actual good within economic life. Beginning with the Enlightenment thinkers and continuing through to the modern neoclasscial economists, this book traces the initial emergence of a natural theological basis for political economic thinking and concludes with a discussion of its application in modern IPE. Relying upon a postcolonial framework, the author seeks to provincialize economics, creating space for alternative modes of being and doing. This book will appeal to scholars and advanced students of IPE, political theology, international relations and postcolonial studies.
Research in the History of Economic Thought and Methodology (RHETM) is a book series dedicated to an interdisciplinary approach to a broad range of topics related to the history and methodology of economics.
Includes refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell. This collection covers such topics as Adam Smith, John Kenneth Galbraith, Friedrich Nietzsche, Joseph Schumpeter, Janos Kornai, the Chicago School, French econometrics, and financial economics.
This book gathers together several essays by historians ofeconomics who express varying reactions to the Peart-Levy thesis. Contains several essays by historians of economics who expressvarying reactions to the thesis expressed in Professors Sandra J.Peart’s and David M. Levy’s book The ‘Vanityof the Philosopher’: From Equality to Hierarchy inPost-classical Economics Explains the importance of 'analytic egalitarianism' ineconomics and the sad consequences of moving away from thisapproach Provides reading that can complement reading lists ineconomics, the mathematics of gambling, and the political economyof the gaming industry
This volume brings together leading figures in economics, professional ethics, and other relevant fields to explore questions related to the nature of ethical economic practice and the adoption and content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of inquiry into economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of a wide array of scholars-including economists from various theoretical traditions; economists from academia; economists from other fields where practicing economists have a large social impact; and professional ethicists from fields that have addressed the nature of "professionalism" and its implications for ethical practice.