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A Brief Prehistory of the Theory of the Firm
The theory of the firm did not exist, in any serious manner, until around 1970. Only then did the current theory of the firm literature begin to emerge, based largely upon the work of Ronald Coase and to a lesser degree Frank Knight. It was work by Armen Alchian, Robert Crawford, Harold Demsetz, Michael Jensen, Benjamin Klein, William Meckling and Oliver Williamson, among others, that drove the upswing in interest in the firm among mainstream economists. This accessible book provides a valuable overview of the ‘prehistory’ of the firm. Spanning an impressive timeline, it delves into Antiquity, the Medieval era, the pre-classical economics period and the 19th and 20th centuries. Next, the book traces the theoretical contributions from pre-classical, classical and neoclassical economics. It will be illuminating reading for students and researchers of the history of economic thought, industrial organization, microeconomic theory and business history.
Aristotle's Critique of Political Economy
This book presents a positive account of Aristotle’s theory of political economy, arguing that it contains elements that may help us better understand and resolve contemporary social and economic problems. The book considers how Aristotle’s work has been utilized by scholars including Marx, Polanyi, Rawls, Nussbaum and Sen to develop solutions to the problem of injustice. It then goes on to present a new Social Welfare Function (SWF) as an application of Aristotle’s theory. In exploring how Aristotle’s theories can be applied to contemporary social welfare analysis, the book offers a study that will be of relevance to scholars of the history of economic thought, political theory and the philosophy of economics.
Asia and the History of the International Economy
The Christian churches have frequently pioneered educational advances – from the seventh century down to the nineteenth. Schools, universities and colleges of education stand as tangible evidence of these efforts. Do all these ventures belong merely to educational history – relics of the days when Christianity was influential enough to play a leading part in education? Or has Christianity still a distinctive contribution to make to educational thought and practice? The educationalists who contributed to the Hibbert Lectures of 1965 are convinced that it has. They examine the nature of this contribution and show how it is to be made a time when education seems to be mainly influenced by secular rather than religious assumptions and aims. The six lectures fall into two main parts. Christianity in the schools is the theme of the first three; Christianity in higher education that of the last three.
A Cultural History of Democracy in the Age of Enlightenment
This volume surveys the burst of political imagination that created multiple Enlightenment cultures in an era widely understood as an age of democratic revolutions. Enlightenment as precursor to liberal democratic modernity was once secular catechism for generations of readers. Yet democracy did not elicit much enthusiasm among contemporaries, while democracy as a political system remained virtually nonexistent through much of the period. If seventeenth- and eighteenth-century ideas did underwrite the democracies of succeeding centuries, they were often inheritances from monarchical governments that had encouraged plural structures of power competition. But in revolutions across France, Brit...
Ancient Hydrocarbon Seeps
This volume details the function of hydrocarbon seeps, their evolution over time, the most important seep occurrences and the fauna present in ancient hydrocarbon seeps. While several publications exist that cover modern seeps and vents, fossil seeps only constitute a small component of the literature. As such, many geologists, stratigraphers and paleontologists, as well as undergraduates and graduate students, are not very familiar with ancient hydrocarbon seep deposits and their associated fauna. This text is the first to comprehensively discuss the nature of such animal groups and how to recognize them. In addition to summarizing available knowledge on these topics for specialists in the field, this book offers the background needed to be of use to students as well as the wider community of geologists and paleontologists.
Greed, Self-Interest and the Shaping of Economics
Since 2008, profound questions have been asked about the driving forces and self-regulating potential of the economic system, political control and morality. With opinion turning against markets and self-interest, economists found themselves on the wrong side of the argument. This book explores how the past of economics can contribute to today’s debates. The book considers how economics took shape as philosophers probed into the viability of commercial society and its potential to generate positive-sum outcomes. It explains how dreams of affluence, morality and happiness were built upon human greed and vanity. It covers the bumpy road of the construction and reconstruction of this dream, exploring the debate on the foundations, conditions and limitations of the idea of the social utility of greed and vanity. Revisiting this debate provides a rich source of ideas in rethinking economics and the basic beliefs concerning our economic system today.
Economic Analyses in Historical Perspective
This book brings together leading scholars of the history of economic thought to demonstrate the vitality and richness of a discipline that welcomes both practitioners of intellectual, contextual history, as well as specialists in the historical explanation of the analytical and theoretical dimension of economic science. They shed new light on a variety of themes and problems and move the frontier of knowledge in the areas covered. Economic Analyses in Historical Perspective is presented in three parts. The first deals with French traditions in economics, a field that Gilbert Faccarello has tilled for many years and to which he has made numerous contributions. The second turns to the dissemi...
A History of Economic Thought in France
Traditionally, there has been a long and sustained interest in studying the history of economic ideas in France. Interest appeared to wane after World War II, but in recent decades, there has been a marked renaissance of interest and research in the contributions of French-speaking authors. Drawing on the flow of recent research, this book presents a new assessment of the history of political economy in France incorporating both novel presentations of some traditional subjects and topics that are not usually studied. This first volume deals with the history of political economy in France in the Age of Enlightenment. After presenting a kind of “review of the troops” and some main developm...
The Development of Agricultural Science in Northern Italy in the Late Eighteenth and Early Nineteenth Century
The late eighteenth century and subsequent Napoleonic Era witnessed a turning point in the establishment of agricultural science as a well-defined discipline in northern Italy. In this book, Martino Lorenzo Fagnani traces these developments by reviewing the correspondence of naturalists and agriculturists as well as the research plans of universities, academies, societies, institutes, and governments. He explores the establishment of a broad knowledge network encompassing all of Europe while also investigating the reasons behind the exchange of seeds, the establishment of spaces for experimentation such as scientific gardens and experimental fields, and the organization of specialized journals and monographs. This work represents an important contribution to the historiography of Italian agricultural science, filling a significant gap in our knowledge of related developments.
'Economy' in European History
Prompted by the 'linguistic turn' of the late 20th century, intellectual and conceptual historians continue to devote a great deal of attention to the study of concepts in history. This innovative and interdisciplinary volume builds on such scholarship by providing a new history of the term 'economy'. Starting from the Greek idea of the law of the household, Luigi Alonzi traces the different meanings assumed by the word 'economy' during the middle ages and early modern era, highlighting the semantic richness of the word and its uses in various political and cultural contexts. Notably, there is a particular focus on the so-called Oeconomica literature, tracking the reception of works by Plato...
