Beyond private ownership of the means of production, what is the most important, or essential, fact of capitalism? Friedrich A. Hayek thought it was the economy of knowledge with which the system operated, whereas for Joseph A. Schumpeter it was the process of creative destruction. To our...

Introduction: the choices for wealth over health of nations -- 1. For economic growth and individualism over the land: Adam Smith -- 2. For deductive method and rent over poor relief: David Ricardo and Thomas Malthus -- 3. For maximizing wealth with social redistribution over production reform:...

"Examines Alexander Hamilton's political economy in relation to Aristotle's classical views of economics, as presented in his Politics, and finds shared support of commerce in pursuit of a regime's or democracy's wider goals" - Provided by publisher

Ausgangspunkt dieses Buches ist das Verhältnis von Freiheit und Gerechtigkeit in Wirtschaft und Gesellschaft: Führt eine freie Marktwirtschaft tendenziell zu Ungerechtigkeit? Vergrößert sie die Schere zwischen arm und reich? Kann und soll man überhaupt etwas dagegen tun? Der Autor stellt in...

Intro -- Aristotle and Hamilton on Commerce and Statesmanship -- Contents -- Acknowledgments -- Introduction -- Part 1 Aristotle's Political Economy Two Cheers for Commerce -- Chapter 1 Acquisition and Household Management -- Chapter 2 Aristotle's Political Economy -- Part 11 Hamilton's...