Download or read book The Golden Age of the Quantity Theory written by David E.W. Laidler and published by Princeton University Press. This book was released on 2014-07-14 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did neoclassical monetary economics, as epitomized by the work of Fisher, Wicksell, and the Cambridge School, evolve from the classical orthodoxy that dominated economics in the 1870s? To answer this question, David Laidler considers the interaction of theoretical developments with contemporary policy debates about bimetallism and the evolution of the gold exchange standard. He argues that neoclassical monetary economics, in which the quantity theory of money played a central role, laid the intellectual groundwork for the replacement of the gold standard by various managed monetary systems in the years following World War I. Laidler is one of the world's foremost experts on monetary economics, and this book provides an illuminating account and analysis of one of the most important periods in the development of that field. Scholars of the history of economic thought and all monetary economists will find that The Golden Age of the Quantity Theory is the most systematic treatment of the development of monetary economics between 1870 and 1914 currently available. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book The Concept of Equilibrium in Different Economic Traditions written by Bert Tieben and published by Edward Elgar Publishing. This book was released on 2012-07-01 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Bert Tieben is very well read in the history of economic thought and provides an overview of one of the basic concepts of economics that is unrivalled both in its scope and in its thoughtful and detailed discussion of the various currents and schools. It goes right to the heart of economic theory and asks some pertinent questions about the limits and the future of economic theorizing. That is, I think, what sets it apart from many other studies in the history of economic thought: it is history with an eye to the future, and it does all this without making any demands on the mathematical skills of the reader. This book should therefore appeal to everybody who is interested in the methodology of economics and in exploring the boundaries of economic analysis.' Hans Visser, VU University, Amsterdam, The Netherlands This book deals with one of the most puzzling concepts in economic science, that of economic equilibrium. In modern economics, equilibrium is considered a key assumption, but its role is contested by economists both from within the mainstream and from rival schools of thought. What explains the contradictory assessments of the equilibrium concept in economics? Do economists belonging to different traditions disagree about the definition of equilibrium or do they adopt different rules for assessing scientific status? In this unique and exhaustive study, Bert Tieben answers these questions by investigating the history of equilibrium economics from 1700 to the present day. He concludes that ideology strongly coloured the development of this branch of theory, helping to explain the vehemence of the debates surrounding the concept. He also argues that scientific progress in economics may indeed be fostered by such opposition and contention, and calls for cross fertilization and stronger cooperation between the different schools of thought. This resourceful book will appeal to post graduate students and scholars in the history of economic thought and economic methodology. Both neoclassical and heterodox economists, most notably Austrian, post Keynesian and institutional economists, will also find much to interest them.
Download or read book Mark Blaug Rebel with Many Causes written by Marcel Boumans and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of eminent contributions discusses the ideas and works of Mark Blaug, who has made important and often pioneering contributions to economic history, economic methodology, the economics of education, development economics, cultural econo
Download or read book Gold Prices Wages with an Examination of the Quantity Theory written by John Atkinson Hobson and published by . This book was released on 1913 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Schumpeter s Venture Money written by Michael Peneder and published by Oxford University Press, USA. This book was released on 2021-02-04 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Schumpeter's Venture Money examines the role of financial innovation and monetary thought throughout economic history, following the unique perspective of the leading scholar of a monetary theory of economic development Joseph A. Schumpeter.
Download or read book Pioneers in economics 23 Sect 2 The golden age of classical economics Karl Marx 1818 1883 written by Mark Blaug and published by . This book was released on 1991 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether or not we reject the Marxist schema there is little doubt that Marx was a great economist. The three volumes of Capital, contain some pieces of remarkable economic analysis from which modern economists can still learn; however difficult he is to read, there are moments when, like Ricardo and Walras, he can revel in the abstract power of economic reasoning.
Download or read book A Cultural History of Money in the Modern Age written by Taylor C. Nelms and published by Bloomsbury Publishing. This book was released on 2021-03-11 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bracketed by global financial crises and economic downturns, the modern age has been defined by debates about, and transformations of, money. The period witnessed the consolidation of national currencies and monetary policies as well as the diversification of payment technologies and the proliferation of financial instruments. Throughout, even as it appeared abstracted by finance and depoliticized by expert ideologies, money was revealed again and again to be a powerful medium of cultural imagination and practical inventiveness as well as the site of public and political struggles. Modern money - both as a form of liquidity and as a claim on wealth - remains deeply unsettled, caught between private and public interests and subject to epic struggles over the infrastructures of value creation and circulation and their distributional consequences. Drawing upon a wealth of visual and textual sources, A Cultural History of Money in the Modern Age presents essays that examine key cultural case studies of the period on the themes of technologies, ideas, ritual and religion, the everyday, art and representation, interpretation, and the issues of the age.
Download or read book Keynes Chicago and Friedman Volume 2 written by Robert Leeson and published by Taylor & Francis. This book was released on 2024-11-15 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes present essays on the subdiscipline of Chicago Monetarism in economics. Some of the issues under dispute can be regarded as resolved, while others are still being debated. The contibutors include Friedman, Patinkin, Harry Johnson and James Tobin.
Download or read book Fabricating the Keynesian Revolution written by David Laidler and published by Cambridge University Press. This book was released on 1999-03-28 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the emergence, in the inter-war years, of what came to be called 'Keynesian macroeconomics'.
Download or read book Political Economy and Global Capitalism written by Robert Albritton and published by Anthem Press. This book was released on 2010 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together original and timely writings by internationally renowned scholars that reflect on the current trajectories of global capitalism and, in the light of these, consider likely, possible or desirable futures. It offers theory-informed writing that contextualizes empirical research on current world-historic events and trends with an eye towards realizing a future of human, social and economic betterment.
Download or read book Shaped by the State written by Brent Cebul and published by University of Chicago Press. This book was released on 2019-02-21 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: American political history has been built around narratives of crisis, in which what “counts” are the moments when seemingly stable political orders collapse and new ones rise from the ashes. But while crisis-centered frameworks can make sense of certain dimensions of political culture, partisan change, and governance, they also often steal attention from the production of categories like race, gender, and citizenship status that transcend the usual break points in American history. Brent Cebul, Lily Geismer, and Mason B. Williams have brought together first-rate scholars from a wide range of subfields who are making structures of state power—not moments of crisis or partisan realignment—integral to their analyses. All of the contributors see political history as defined less by elite subjects than by tensions between state and economy, state and society, and state and subject—tensions that reveal continuities as much as disjunctures. This broader definition incorporates investigations of the crosscurrents of power, race, and identity; the recent turns toward the history of capitalism and transnational history; and an evolving understanding of American political development that cuts across eras of seeming liberal, conservative, or neoliberal ascendance. The result is a rich revelation of what political history is today.
Download or read book Monetary Economics written by Steven Durlauf and published by Springer. This book was released on 2016-04-30 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Download or read book The Gold Standard Illusion written by Kenneth Mouré and published by OUP Oxford. This book was released on 2002-05-02 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic historians have established a new orthodoxy attributing the onset and severity of the Great Depression to the flawed workings of the international gold standard. This interpretation returns French gold policy to centre stage in understanding the origins of the Depression, its rapid spread, its severity and its duration. The Gold Standard Illusion exploits new archival resources to test how well this gold standard interpretation of the Great Depression is sustained by historical records in France, the country most often criticized for hoarding gold and failure to play by the rules of the gold standard game. The study follows four lines of inquiry, providing a history of French gold policy in its national and international contexts from 1914 to 1939, an analysis of the evolution of the Bank of France during this period and the degree to which gold standard belief retarded the adoption of modern central banking practice, a re-examination of interwar central bank cooperation in the period and its role in the breakdown of the gold standard, and a study of how gold standard rhetoric fostered misperceptions of financial and monetary problems. The French case was exceptional, marked by absolute and tenacious faith in the gold standard, by the import and accumulation of a vast hoard of gold desperately needed as reserves to prevent monetary contraction abroad, and by adamant claims for the need to return to gold after most countries had left the gold standard, which had become, in the words of John Maynard Keynes, 'a curse laid upon the economic life of the world'. The Gold Standard Illusion explains French gold standard belief and policy, the impact of French policy at home and abroad, and reassesses the gold standard interpretation of the Great Depression in the light of French experience.
Download or read book Keynes General Theory written by Thomas Cate and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory. The essays contained in this volume are divided into four sections. The first section contains three essays that explore the concept of fundamental uncertainty and its unique role in The General Theory. The second section contains five essays that examine the place of The General Theory in the history of macroeconomics since 1936. The third section contains three essays that explore the interrelationships among Keynes, Friedman, Kaldor, Marx and Sraffa and their approaches to macroeconomic theory and policy. The final section contains four essays that provide several new interpretations of The General Theory and its position within macroeconomics. Keynes's General Theory is intended for those students and scholars who are interested in the economics of Keynes and the rich variety of approaches to macroeconomic theory and policy.
Download or read book For a New Political Economy written by Bernard Lonergan and published by University of Toronto Press. This book was released on 1998-11-27 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Lonergan's economic writings span forty years and represent one of the most important intellectual achievements of the twentieth century. Unfortunately they have been inaccessible outside of the Lonergan research community as the majority of them have not been formally published, and exist only as a group of unfinished essays and material for courses on economics taught by Lonergan. The publication of For a New Political Economy, along with its companion volume, Macroeconomic Dynamics: An Essay in Circulation Analysis (Collected Works of Bernard Lonergan, Volume 15), seeks to remedy this by bringing together the various elements of Lonergan's economic thought. Lonergan's concept of economics differs radically from that of contemporary economists and represent a major paradigm shift. He takes a fresh look at fundamental variables and breaks from centralist theory and practice, offering a uniquely democratic perspective on surplus income and non-political control. For a New Political Economy is a collection of drafts, notes, and essays written by Lonergan in the 1940s on various aspects of economics. This volume provides the intellectual underpinnings of ideas more fully explored in Macroeconomic Dynamics.
Download or read book For a New Political Economy written by Bernard J. F. Lonergan and published by University of Toronto Press. This book was released on 1998-01-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of drafts, notes, and essays written by Lonergan in the 1940s on various aspects of economics. Lonergan's concept of economics differs radically from that of contemporary economists and represent a major paradigm shift.
Download or read book Money and Employment written by Peter Docherty and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . this volume is a valuable collection that will provide much interest to both policy-makers and academics.' - Simon Sosvilla-Rivero, Economic Journal Money, Inflation and Employment examines issues of economic policy and theory through a series of original essays written in recognition of Sir James Ball's seminal contribution to macroeconomic modelling, forecasting and economic policy making. Contributions by leading policy makers focus primarily on the UK economy, with papers by Jeremy Bray, MP, on managing the economy, Alan Budd, Chief Economic Adviser to the Treasury, on exchange rate policy, Sir Terence Burns, Permanent Secretary to the Treasury, on the Treasury's responsibilities and character, and Bill Robinson on the effects of North Sea oil.