Smith's Lectures on Jurisprudence, originally delivered at the University of Glasgow in 1762-1763, present his "theory of the rules by which civil government ought to be directed." The chief purpose o
First published in 1776, the year in which the American Revolution officially began, Smith's Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political eco
First published in 1776, the year in which the American Revolution officially began, Smith's Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political eco
First published in 1776, the year in which the American Revolution officially began, Smith's Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political eco
The division of the world into rich and poor nations, and the division within poor nations between a minority of rich people and a majority of poor people living at a minimum subsistence level, has been obvious to careful observers for a long time. This book gives an overview of the problems of underdevelopment confronting third-world countries, making use of both Marxist and neo-Keynesian methods of analysis. It makes clear the historical origins of these contemporary problems, particularly with reference to the major countries of Asia and Latin America, and discusses the ways in which inequalities, both within and between countries, are propaged and perpetuated. Other problems analysed are the typical patterns of fluctuating growth faced by third-world countries; the social structures in both rural and urban areas and their influence on the behaviour of governments and private investors in these countries; and environmental control and population planning issues faced by these countr
Since its first appearance in Germany in 1911, Jews and Modern Capitalism has provoked vehement criticism. As Samuel Z. Klausner emphasizes, the lasting value of Sombart's work rests not in his results-most of which have long since been disproved-but in his point of departure. Openly acknowledging his debt to Max Weber, Sombart set out to prove the double thesis of the Jewish foundation of capitalism and the capitalist foundation of Judaism. Klausner, placing Sombart's work in its historical and societal context, examines the weaknesses and strengths of Jews and Modern Capitalism.
Ludwig von Mises was the leading exponent of the Austrian School of economics throughout most of the twentieth century. He has long been regarded as a most knowledgeable and respected economist, even
Rational Expectations and Econometric Practice was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published
A million copy seller, Henry Hazlitt’s Economics in One Lesson is a classic economic primer. But it is also much more, having become a fundamental influence on modern “libertarian” economics of the ty
A study of environmental degradation, this work presents the environmental problems of South Korea. The effects of rapid industrialisation and modernisation are documented along with the choices and a
The merit of the Tolai case study lies in the fact that "the schema of economic growth of small underdeveloped societies," which it represented, "when abstracted from its specific background," appeare
Birds of Passage presents an unorthodox analysis of migration ion to urban industrial societies from underdeveloped rual areas. It argues that such migrations are a continuing feature of industrial societies and that they are generated by forces inherent in the nature of industrial economies. It explains why conventional economic theory finds such migrations so difficult to comprehend, and challenges a set of older assumptions that supported the view that these migrations were beneficial to both sending and receiving societies. Professor Piore seriously questions whether migration actually relieves population pressure and rural unemployment, and whether it develops skills necessary for the emergence of an industrial labour force in the home country. Furthermore, he criticizes the notion that in the long run migrant labour complements native labour. On the basis of this critique, he develops an alternative theory of the nature of the migration process.
In the turbulent years between passage of the Federal Reserve Act (1913) and the Bretton Woods Agreement (1945), the peoples of the Western world suffered two World Wars, two major and several minor i
In the turbulent years between passage of the Federal Reserve Act (1913) and the Bretton Woods Agreement (1945), the peoples of the Western world suffered two World Wars, two major and several minor i
The late W. H. Hutt was a preeminent and persistent critic of the economic theories of John Maynard Keynes. In The Keynesian Episode, he presents a comprehensive review of Keynes's General Theory, inc
This volume is a collection of sixteen essays on three general topics: the methodology of economics, the applicability of economic reasoning to political science and other social sciences, and the rel
In The Capitalist World-Economy Immanuel Wallerstein focuses on the two central conflicts of capitalism, bourgeois versus proletarian and core versus periphery, in an attempt to describe both the cyclical rhythms and the secular transformations of capitalism, conceived as a singular world-system. The essays include discussions of the relationship of class and ethnonational consciousness, clarification of the meaning of transition from feudalism to capitalism, the utility of the concept of the semi peripheral state, and the relationship of socialist states to the capitalist world-economy. This book is the first in a three volume collection of Wallerstein's essays. The Politics of World-Economy (1984) elaborates on the role of states, the antisystemic movements and the civilizational project. Geopolitics and Geoculture (1991) analyses both the events leading up to the collapse of the Iron Curtain, and the subsequent process of perestroika in the light of Wallerstein's own interpretations
Benjamin A. Rogge—late Distinguished Professor of Political Economy at Wabash College—was a representative of that most unusual species: economists who speak and write in clear English. He forsakes pr
