Economics continues to draw inspiration from the ideas of past economists. This series provides an arena for current debate in the study of the history of economics. Adhering to no single methodology, it includes volumes which explore the ideas of individual economists, major schools of thought, and the evolution of key ideas and theories within economic analysis.
By James C. W. Ahiakpor
June 17, 2019
Modern macroeconomics is in a stalemate, with seven schools of thought attempting to explain the workings of a monetary economy and to derive policies that promote economic growth with price-level stability. This book pinpoints as the source of this confusion errors made by Keynes in his reading ...
By Joost Hengstmengel
May 14, 2019
In this important volume, Joost Hengstmengel examines the doctrine of divine providence and how it served as explanation and justification in economic debates in the sixteenth, seventeenth and eighteenth centuries throughout Western Europe. The author discusses five different areas in which God was...
Edited
By Tommaso Gabellini, Simone Gasperin, Alessio Moneta
February 04, 2019
The ongoing economic crisis has revealed fundamental problems both in our economic system and the discipline which analyses it. This book presents a series of contrasting but complementary approaches in economic theory in order to offer a critical toolkit for examining the modern capitalist economy...
Edited
By Leonardo Burlamaqui, Rainer Kattel
January 02, 2019
2017 marked the seventy-fifth anniversary of Schumpeter’s Capitalism, Socialism and Democracy, a work acknowledged as one of the most insightful books written in the twentieth century. It retains a contemporary quality, and still invites criticisms, new interpretations, and extensions and across ...
Edited
By Harald Hagemann, Stephan Seiter, Eugen Wendler
November 20, 2018
As the world grapples with increased globalization and technological change, Friedrich List’s work appears more relevant than ever before. His theory of "productive powers" and his argument for protecting infant industries give us a valuable way of looking at innovation systems, winners and losers ...
By Willem Keizer, Bert Tieben, Rudy Van Zijp
September 08, 2015
This book presents essays by an outstanding team of international specialists and covers a wide range of topics, including (inter alia) the relationships between the Austrian and Swedish theories of the business cycle, the on-going debates between Austrians and (Post) Keynesians, Schumpeter's '...
Edited
By Alain Alcouffe, Maurice Baslé, Monika Poettinger
October 08, 2018
The financial crisis of 2007 required the economics discipline to thoroughly re-evaluate its prevailing theories about economic cycles and economic growth. With a focus on Europe, this volume identifies the latest strands of research on business cycles, monetary theory, the evolution of social ...
Edited
By Till Düppe, E. Roy Weintraub
September 04, 2018
In recent years, the focus of historians of economic thought has changed to also include the ideas and practices of contemporary economists. This has opened up new questions regarding the utilization of sources, choice of method, narrative styles, and ethical issues, as well as a new awareness of ...
Edited
By Annalisa Rosselli, Nerio Naldi, Eleonora Sanfilippo
September 10, 2018
Recently, students and scholars have expressed dissatisfaction with the current state of economics and have called for the reintroduction of historical perspectives into economic thinking. Supporting the idea that fruitful lessons can be drawn from the work of past economists, this volume brings ...
By Niels Geiger, Vadim Kufenko
August 08, 2018
Throughout the history of economic thought, interest in business cycles and economic crises has sometimes been observed to rise during times of crises, recessions and depressions. However, the treatment of this topic in the literature has generally been merely anecdotal. This book presents a ...
By Thomas Marmefelt
August 14, 2018
Today, most money is credit money, created by commercial banks. While credit can finance innovation, excessive credit can lead to boom/bust cycles, such as the recent financial crisis. This highlights how the organization of our monetary system is crucial to stability. One way to achieve this is by...
By Cosimo Perrotta
June 05, 2018
Contemporary mainstream economists see social wealth as the sum of individual incomes, but for three centuries many economists saw wealth as consisting of the public and private resources of a nation. This led them to explore the idea of unproductive labour, which provides a nation with an ...