Physiocrats believed that wealth came exclusively from the land, that nature was fecund and man could harness its reproductive forces. Capital investments in agriculture and hard work would create profits that circulated to other sectors and supported all social institutions. Physiocracy, which originated in late eighteenth-century France, is therefore widely considered a forerunner of modern economic theory. This book places the Physiocrats in context by inscribing economic theory within broader Enlightenment culture. Liana Vardi discusses three theorists - Francois Quesnay; Victor Riquetti, marquis de Mirabeau; and Pierre Samuel Du Pont de Nemours - and shows how their understanding of mental processes, science, politics and the arts influenced their individual approach to economic writing. The difficulty in explaining the doctrine, combined with the expectation that the public would be persuaded by its arguments, mired physiocracy in endless contradictions. This work offers a framew
A review of the headlines of the past decade seems to show that disasters are often part of capitalist systems: the high-tech bubble, the Enron fraud, the Madoff Ponzi scheme, the great housing bubble
For half a century the US has sat at the center of the global economic system, and Western-style capitalism has dominated. Now, it's no secret that the center of gravity is shifting. The advanced econ
Can libertarians care about social justice? In Free Market Fairness, John Tomasi argues that they can and should. Drawing simultaneously on moral insights from defenders of economic liberty such as F.
Adjibolosoo (business, Point Loma Nazarene University) presents theory and empirical evidence on the essential role of the human factor in free market efficiency and economic progress. The human facto
Too often in economics the understanding of how things work by and large--not axiomatically or categorically--and the idea that we generally cannot know the economic system well enough to intervene in
Is capitalism coming to an end in a manner somewhat similar to communism in the USSR? Events certainly bode ill for the classic view that capitalism will prevail as the greatest source of economic g
Readexamines probability, risk, and uncertainty through the contributions of John von Neumann, Leonard Jimmie Savage, Kenneth Arrow and Harry Markowitz. These Portfolio Theorists provided us with a dr
Why do markets exist? How are they maintained? What are market systems and how are they formed? This book addresses these fundamental questions and challenges the traditional view that markets and mar
The world is at the crossroads of social change, in the vortex of forces that are bringing about a different world, a post-neoliberal state. This groundbreaking book lays out an analysis of the dynami
For better or for worse, capitalism is the philosophy that has come to define the United States. In this intriguing essay, Beckert takes a look at the historiography of American capitalism, which has
Biel (international relations, London School of Economics) analyzes the capitalist system of production and control from a systems perspective, emphasizing the ways that late capitalism adapts to its
This book asks how we can resolve conflict from the capitalist world view. It exposes the intellectual basis of contemporary capitalism as a logically flawed dialectic that prevents both revolutionary
Read addresses the contributions of significant individuals to our understanding of financial decisions and markets.Great financial theorists created the basis for what we now know as personal finance
"The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere.
In Economies of Abandonment, Elizabeth A. Povinelli explores how late liberal imaginaries of tense, eventfulness, and ethical substance make the global distribution of life and death, hope and harm, a
In Economies of Abandonment, Elizabeth A. Povinelli explores how late liberal imaginaries of tense, eventfulness, and ethical substance make the global distribution of life and death, hope and harm, a
