Democracy is the rule of the people. Exchange is supply and demand. Individualism, agreement, tolerance and choice are the underlying values that make possible the productive collaboration of the market and the state. This book assesses the theories of democracy and exchange of five...

Since the celebration of the bicentenary of The Wealth of Nations, the last twenty years have seen a burgeoning interest in Adam Smith's contribution to economics. Jan Peil's book aims to provide a new model for interpreting Smith's contribution to economic science. This model elucidates Smith's...

This highly illuminating book marks a significant stage in our growing understanding of how the development of national traditions of economic thought has been affected by both internal and external factors

This landmark book presents a critical study of the Austrian subjectivism of Menger and Mises and assesses their contribution in the light of contemporary philosophy of the human sciences. Allen Oakley lays emphasis on the subjectivism of Menger and Mises as the foundation of Austrian economics....

Introduction -- 1. Antiquity / Bertram Schefold -- 2. Economic Thought in Scholasticism / Irina Chaplygina and André Lapidus -- 3. Cameralism / Keith Tribe -- 4. Mercantilism and the Science of Trade / Thierry Demals -- 5. French Enlightenment / Thierry Demals and Gilbert Faccarello -- 6....

Introduction -- 1. William Petty (1623-1687) -- Tony Aspromourgos -- 2. Pierre Le Pesant de Boisguilbert (1646-1714) -- Gilbert Faccarello -- 3. John Law (1671-1729) -- Antoin E. Murphy -- 4. Richard Cantillon (1680/90-1734) -- Antoin E. Murphy -- 5. Charles-Louis de Secondat de Montesquieu...

This book examines the three historical master tales and questions their validity and relevance in today's moment of global disorientation which lacks a convincing and dominant economic narrative. Investigating the ideological dimension and exploring the continued impact of Marx, Keynes and...

Introduction -- Ethics : the sources of Keynes's vision -- Knowledge : uncertainty, probabilities and the moral sciences -- politics : beyond liberalism and socialism -- War and peace : from the Boer War to Versailles -- Money : economic motor and social pathology -- Labour : the battle against...

pt. 1. From Schumpeter's universal social sciences to neo-Schumpeterian thinking -- pt. 2. Neo-Schumpeterian meso dynamics : theory -- pt. 3. Neo-Schumpeterian meso dynamics : empirics -- pt. 4. Neo-Schumpeterian macro dynamics : growth and development -- pt. 5. Neo-Schumpeterian economics and...

For the last decade a movement for providing workers with a living wage has been growing in the US. This book describes how great thinkers in the history of economic thought viewed the living wage and highlights how the ideas of the early economists such as Adam Smith and John Stuart Mill...