This "e;admirably detailed and thoroughly welcome history"e; provides a fascinating examination of a pivotal moment in the evolution of economic theory (The Economist).
This "e;admirably detailed and thoroughly welcome history"e; provides a fascinating examination of a pivotal moment in the evolution of economic theory (The Economist).
Much orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on.
At a recent meeting of the World Economic Forum in Davos, it was reported that a ghost was haunting the deliberations of the assembled global elite - that of the renowned social scientist and economic historian, Karl Polanyi.
In this thought-provoking new book, Anthony Smith analyses key debates between historians and social scientists on the role of nations and nationalism in history.
From the acclaimed author of Bernanke’s Test, “an essential title for any reader with investments or interest in financial instruments” (Library Journal).
The problem of rent is at the root of vital social concerns in the twenty-first century, ranging from the climate emergency and spiralling economic inequality to the repercussions of global economic crises.
The West has long defined the pursuit of happiness in economic terms but now, in the wake of the 2007-8 financial crisis, it is time to think again about what constitutes our happiness.
Karl Polanyi's The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own.
This is the first scholarly work to deal solely with the Adam Smith problem, namely the apparent contradiction between Adam Smith's most famous works, "e;The Theory of Moral Sentiments"e; and "e;The Nature and Causes of the Wealth of Nations"e;.
The Research in the History of Economic Methodology (RHETM) 33, the first under the new editorial team, includes original research from preeminent scholars in the field.