Economics has always had two connected faces in its Western tradition. In Adam Smith's eighteenth century, as in John Stuart Mill's nineteenth, these might be described as the science of political economy and the art of economic governance. The former aimed to describe the workings of the...

Ever since the time of Adam Smith, the attribution to foreign trade of the abilityto affect the wholesale transformation of the productive powers of an economy hasremained a very powerful concept in both economics and economic history. At theheart of this interpretation is the observation that...

This paper discusses some aspects of the changing relationship between thestudy of economic history and development economics. Forty years ago thesubjects seemed to be quite closely linked in the sense that senior figuresstraddled both areas, the development history of the advanced countries...

The state is conceptually distinct from both economy and society, with inherent interests in expanding its scope for autonomous action, asserting control over economic and social interactions, and structuring economic and social relations. These interests derive primarily from the state’s...