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Political Events and Economic Ideas

Edited by Ingo Barens, Volker Caspari, Technische Universität Darmstadt, Germany and Bertram Schefold, Johann Wolfgang Goethe-University, Frankfurt am Main, Germany
The influence of political developments on the evolution of economic thought is the main theme behind this book. As the authors reveal throughout the book, history has shown many times that political events can trigger the formulation of new economic conceptions that in turn influence the future economic development of a country.
Published in association with ESHET
Extent: 424 pp
Hardback Price: $173.00 Web: $155.70
Publication Date: 2004
ISBN: 978 1 84376 440 3
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  • Economics and Finance
  • Economic History
  • History of Economic Thought
  • Political Economy
  • Politics and Public Policy
  • Political Economy
The influence of political developments on the evolution of economic thought is the main theme behind this book. As the authors reveal throughout the book, history has shown many times that political events can trigger the formulation of new economic conceptions that in turn influence the future economic development of a country.

The papers are arranged into five main areas of interest:

• monetary theory and policy
• economic crisis in France and the emergence of the physiocratic school
• the co-evolution of political ideas and economic thought in different countries and periods in Europe
• continuity and discontinuity in Russian economic thought
• attempted economic solutions to the problems posed by the Great Depression and the associated political transformation.

Political Events and Economic Ideas will hold great appeal and interest for researchers and scholars of political thought, as well as historians of economic thought worldwide.
Contributors: V. Avtonomov, C.P. Baloglou, I. Barens, D. Besomi, J. Cartelier, V. Caspari, C. Dangel-Hagnauer, M. de Cecco, W. Eltis, K. Häuser, O. Issing, J.E. King, R. Klump, D. Laidler, D. Parisi, G. Pavanelli, H. Pruns, A. Raybaut, K.W. Rothschild, B. Schefold, C. Schmidt, E.W. Streissler, G. Vaggi, J. Zweynert
Contents: Preface Introduction Part I: Monetary Theory and Policy between International Rivalry and Integration 1. From Bimetallism to Monetarism: The Shifting Political Affiliation of the Quantity Theory 2. Economic and Monetary Union in Europe: Political Priority versus Economic Integration? 3. The Political Element in Monetary Theory 4. Monetary Reform in France: The French Economists and the Stabilization of the Franc in the 1920s 5. Consequences of a Monetary System: German Monetary Reform, 1948 - the Birth of the DM and of a New Central Bank System and their Political and Economic Implications Part II: France's Economic Crisis in the Eighteenth Century and the Accompanying Revolution in Political Economy 6. Quesnay's Creation of the Tableau Économique in Response to the Economic Weakness of France 7. Power and Wealth: Quesnay Betrayed by the Tableau Économique? 8. Structural Change and Social Transformation in Physiocracy 9. The Kingdom of Ponthiamas - A Physiocratic Model State in Indochina: A Note on the International Exchange of Economic Thought and of Concepts for Economic Reforms in the 18th Century Part III: Co-evolution of Political Ideas and Economic Thought in Different Countries and Periods 10. Cleomenes III's Politico-Economic Reforms in Sparta (235-222 BC) and Cercidas' Economic Thought 11. Economic Theory as Political Philosophy: The Example of the French Enlightenment 12. Economic Theory and Economic Policy in Italy during the Second Half of the Eighteenth and the First Half of the Nineteenth Century 13. Advocacy of Freedom and Justification of Governmental Interference in Western Economic Thought - The Case of Two Liberal Economists: Francesco Ferrara and Henry C. Carey 14. The End of an Era: The Austrian Zeitschrift für Nationalökonomie in the Interwar Period Part IV: Political and Economic Continuity and Discontinuity in Russia 15. Patristic Legacies in Russian Economic Thought and their Significance for the Transformation of Russia's Economy and Society 16. Specific Interrelations of Politics and Economics in Russian History Part V: Polar Reactions to the Great Depression 17. The Great Depression in Irving Fisher's Thought 18. Planning for Abundance: Nicholas Kaldor and Joan Robinson on the Socialist Reconstruction of Britain, 1942-45 Part VI: The Jerome Adolphe Blanqui Lecture 19. Harrod's Dynamics in the Making Part VII: The Effects of Political Events on Economic Ideas: A Round Table Discussion Index