DOCSLIB.ORG

Introduction 1

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Introduction 1 Notes Introduction 1. For a comprehensive and interesting overview of this tendency, see The Economist, “A Survey of the World Economy: Who’s in the Driving Seat?” 7 October 1995. 2. See, e.g., John Gerard Ruggie, “Territoriality and Beyond: Problematizing Modernity in International Relations,” International Organization (Vol. 47, No. 1, 1993), pp. 139–74; James N. Rosenau, Turbulence in World Politics: A Theory of Change and Continuity (London: Harvester Wheatsheaf, 1990); Dani Rodrik, Has Globalization Gone Too Far? (Washington, DC: Institute for International Economics, 1997); Susan Strange, The Retreat of the State: The Diffusion of Power in the World Economy (Cambridge: Cambridge University Press, 1996); Jean Marie Guéhenno, The End of the Nation-state, Trans. Victoria Elliott (Minneapolis, MN: University of Minnesota Press, 1995 [originally published as La fin de la démoc- ratie, 1993]); and Mathew Horsman and Andrew Marshall, After the Nation-state: Citizens, Tribalism and the New World Disorder (London: HarperCollins Publishers, 1994). 3. Harry G. Gelber, Sovereignty Through Interdependence (London: Kluwer Law International, 1997); Paul Hirst and Grahame Thompson, Globalization in Question, second edition (Cambridge: Polity Press, 1999 [first published 1996]); Linda Weiss, The Myth of the Powerless State: Governing the Economy in a Global Era (Cambridge: Polity Press, 1998); Jan Aart Scholte, “Global Capitalism and the State,” International Affairs (Vol. 73, No. 3, 1997), pp. 427–52; Janice E. Thomson and Stephen D. Krasner, “Global Transactions and the Consolidation of Sovereignty,” in Ernst-Otto Czempiel and James N. Rosenau (eds.), Global Changes and Theoretical Challenges: Approaches to World Politics for the 1990s (Toronto: Lexington Books, 1989); and Paul Kennedy, Preparing for the Twenty-first Century (New York, NY: Vintage Books, 1994 [first published 1993]), pp. 122–34. See also the contributions in Linda Weiss (ed.), States in the Global Economy: Bringing Domestic Institutions Back In (Cambridge: Cambridge University Press, 2003). 182 ● Notes 4. See, e.g., The Economist, “Globalisation and Its Critics: A Survey of Globalisation,” 29 September 2001, p. 14. 5. John Hoffman, Beyond the State: An Introductory Critique (Cambridge: Polity Press, 1995), pp. 8 and 97–112. Smith’s approval of the state is evident through- out The Wealth of Nations. For one example, see Adam Smith, The Wealth of Nations (London: David Campbell Publishers, 1991 [first published 1776]), p.374. See also Andrew Wyatt Walter, “Adam Smith and the Liberal Tradition in International Relations,” in Ian Clark and Iver B. Neumann (eds.), Classical Theories of International Relations (London: Macmillan Press, 1996), pp. 142–72; F. A. Hayek, The Constitution of Liberty (London: Routledge and Kegan Paul, 1960), especially, Ch. 15; and John Rawls, A Theory of Justice (Cambridge, MA: Cambridge University Press, 1971). For a recent self-professed liberal supporting state regulation of markets, see, e.g., Jan Tumlir, “National Sovereignty, Power and Interest,” Ordo (Band 31, 1980), pp. 1–26. 6. For a similar analysis of ideas and good justification thereof, see Stephen Hobden, International Relations and Historical Sociology: Breaking Down Boundaries (London: Routledge, 1998), especially, pp. 12–16. In contrast to this study, however, Hobden’s purpose is to synthesize the views of his chosen thinkers in order to generate a better understanding of the state and the international system. 7. The brilliantly entitled book The State as a Monster: Gustav Cassel and Eli Heckscher on the Role and Growth of the State (Lanham, MD: University Press of America, 1994) by Benny Carlson has provided significant inspiration to this study. 8. Martin Wight, International Theory: The Three Traditions, in Gabriele Wight and Brian Porter (eds.) (London: Leicester University Press, 1991). 9. Spyros Economides and Peter Wilson, The Economic Factor in International Relations: A Brief Introduction (London: I. B. Tauris, 2001), p. 199. Economides and Wilson refer specifically to Ohmae. See also Inis L. Claude Jr., “Myths About the State,” Review of International Studies (Vol. 12, No. 1, 1986), p. 10. 10. Joseph A. Schumpeter, History of Economic Analysis, in E. B. Schumpeter (ed.), (New York, NY: Oxford University Press, 1963), p. 5. 11. Ibid., pp. 4–6. 12. For an interesting view of the role and worth of the study of intellectual history, see, e.g., Arthur O. Lovejoy, “Reflections on the History of Ideas,” Journal of the History of Ideas (Vol. 1, No. 1, 1940), pp. 3–23. 13. Helen Merrell Lynd, England in the Eighteen-eighties: Toward a Social Basis for Freedom (New York, NY: Oxford University Press, 1945), p. 23. 14. For further discussion, see, e.g., Karl Mannheim, Ideology and Utopia: An Introduction to the Sociology of Knowledge (London: Routledge and Kegan Paul, 1936); James E. Curtis and John W. Petras, “Introduction,” in James E. Curtis and John W. Petras (eds.), The Sociology of Knowledge: A Reader (London: Duckworth, 1970), p. 12; Karl R. Popper, The Poverty of Historicism, Second Edition (London: Routledge and Kegan Paul, 1960), 154–6; and Karl R. Popper, Notes ● 183 The Open Society and Its Enemies, Volume II, Fifth Edition (London: Routledge and Kegan Paul, 1966), pp. 212–23, especially p. 222. 15. A. J. P. Taylor, The Troublemakers: Dissent of Foreign Policy, 1792–1939 (London: Hamish Hamilton, 1957), p. 15. 16. Fred Halliday, “State and Society in International Relations: A Second Agenda,” Millennium: Journal of International Studies (Vol. 16, No. 2, 1987), p. 219. Reprinted in Fred Halliday, Rethinking International Relations (London: Macmillan Press, 1994), p. 79. 17. For a further discussion, see, e.g., Timothy Mitchell, “The Limits of the State: Beyond Statist Approaches and Their Critics,” American Political Science Review (Vol. 85, No. 1, 1991), pp. 77–97. 18. Halliday, “State and Society,” p. 217. 19. F. S. Northedge, The International Political System (London: Faber & Faber, 1976), p. 15 in Halliday, “State and Society,” p. 217. 20. For a critical analysis on the relationship between Halliday’s two concepts of the state, see Hidemi Suganami, “Halliday’s Two Concepts of State,” Millennium: Journal of International Studies (Vol. 17, No. 1, 1988), pp. 71–6. See also Fred Halliday, “States, Discourses, Classes: A Rejoinder to Suganami, Palan, Forbes,” Millennium: Journal of International Studies (Vol. 17, No. 1, 1988), pp. 77–80. 21. Halliday, “State and Society,” p. 218. 22. For similar version of the dualistic view of the state, see also Economides and Wilson, The Economic Factor, pp. 190–1. Chapter 1 Brief Biographies 1. E. L. Woodward, The Age of Reform, 1815–1870 (Oxford: Oxford University Press, 1938). 2. Cobden had already passed away by 1870. However, he was a strong advocate of universal education and was, throughout his life involved in debates regarding educational reform. See, e.g., Peter Nelson Farrar, “Richard Cobden, Educationist, Economist and Statesman” (University of Sheffield: Unpublished Ph.D. Thesis, 1987). 3. Richard Cobden, “Russia” (1836), in Richard Cobden, The Political Writings of Richard Cobden, Vol. I, of two volumes, fourth edition (London: T. Fisher Unwin, 1903 [first published 1867]), p. 122. 4. Unknown author, Richard Cobden. The Man and His Policy, Leaflets, New Series No. 48 (London: Jas. Truscott and Son, 1904), pp. 4 and 6. 5. Cobden, “Russia,” pp. 253–4. 6. J. A. Hobson, Richard Cobden: The International Man (London: Ernest Benn Limited, 1968 [first published 1918]). 7. H. Donaldson Jordan, “The Case of Richard Cobden,” Proceedings of the Massachusetts Historical Society (Vol. 83, 1971), p. 45. See also Johan Norberg, Den Svenska Liberalismens Historia (Stockholm: Timbro, 1998), esp. p. 123, and 184 ● Notes Jaan Pennar, “Richard Cobden and Cordell Hull: A Comparative Study of the Commercial Policies of Nineteenth Century England and Contemporary United States” (Princeton University: Unpublished Ph.D. Thesis, 1953). For Cobden’s wider impact, see Camille Palma Castorina, “Richard Cobden and the Intellectual Development and Influence of the Manchester School of Economics” (Victoria University of Manchester: Unpublished Ph.D. Thesis, 1976). For some good biographies of Cobden, see, e.g., John Morley, The Life of Richard Cobden, fourteenth edition (London: T. Fisher Unwin Ltd., 1920 [first published 1879 in two volumes]); Nicholas C. Edsall, Richard Cobden, Independent Radical (Cambridge, MA: Harvard University Press, 1986); Wendy Hinde, Richard Cobden: A Victorian Outsider (New Haven: Yale University Press, 1987); and Hobson, Cobden: The International Man. Hobson makes some inter- pretations of Cobden in his book, but to a large extent it consists of letters writ- ten by Cobden, many of them previously not published. See also Lionel James Carter, “The Development of Cobden’s Thought on International Relations, Particularly with Reference to his Rôle in the Mid-nineteenth Century Peace Movement” (Sidney Sussex College: Unpublished Ph.D. Thesis, 1970), and Farrar, “Cobden, Educationist, Economist and Statesman.” 8. See, e.g., Richard Cobden, London, 1 May 1844, speech on free trade, in Richard Cobden, Speeches on Questions of Public Policy, Vol. 1, of two volumes, Eds. John Bright and James E. Thorold Rogers (London: Macmillan and Co., 1870), p. 180. 9. Jordan, “Case of Cobden,” pp. 34–45, especially, p. 34. 10. John Vincent, The Formation of the British Liberal Party, 1857–1868 (Harmondsworth: Penguin Books, 1972 [first
Load more

Recommended publications
  • Richard Cobden, Educationist, Economist
    RICHARD COBDEN, EDUCATIONIST, ECONOMIST AND STATESMAN. BY PETER NELSON FARRAR M.A. (oxoN), M.A. (LVPL). THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY OF THE UNIVERSITY OF SHEFFIELD. Division of Education, June 1987. ii CONTENTS Page Ref. Summary iv Abbreviations vi Photographs vii Preface and Acknowledgements viii Part I. An Analysis of Cobden's Ideas and the Formative Influences. Chapter 1. An introductory analysis of Cobden's social philosophy and political activities. 1, 18 2. Cobden's character and formative years. 21, 39 3. Cobden's religious, moral and educa- tional philosophy. 41, 63 4. Cobden's approach to economics. 65, 81 Part II. Thought and Action 1835-1865. 5. The pen of "a Manchester manufacturer". 85, 98 6. Education for the people of Sabden and Chorley. 100, 120 7. Awakening Manchester 1835-1836 123, 147 8. The establishment of the Manchester Society for Promoting National Education. 152, 173 9. Educating the working class: schools and lyceums. 177, 195 10. "The education of 17 millions" the Anti-Corn Law League. 199, 231 11. Cobden and Frederic Bastiat: defining the economics of a consumer society. 238, 264 12. Amid contending ideals of national education 1843-1850. 269, 294 13. Guiding the National Public School Association 1850-1854. 298, 330 14. The Manchester Model Secular School. 336, 353 15. Cobden's last bid for a national education 1855-57. 355, 387 iii Page Ref. 16. The schooling of Richard Cobden junior. 391, 403 17. Newspapers for the millions. 404, 435 18. Investing in a future civilisation: the land development of the Illinois Central Railroad.
    [Show full text]
  • Theory, Application and the Canon: the Case of Mill and Jevons
    University of Richmond UR Scholarship Repository Jepson School of Leadership Studies articles, book Jepson School of Leadership Studies chapters and other publications 2001 Theory, Application and the canon: The ac se of Mill and Jevons Sandra J. Peart University of Richmond, [email protected] Follow this and additional works at: http://scholarship.richmond.edu/jepson-faculty-publications Part of the Economic Theory Commons, and the Political Economy Commons Recommended Citation Peart, Sandra J. "Theory, Application and the Canon: The asC e of Mill and Jevons." Reflections on the Classical Canon in Economics: Essays in Honor of Samuel Hollander. Ed. Evelyn L. Forget and Sandra J. Peart. London: Routledge, 2001. 356-77. Print. This Book Chapter is brought to you for free and open access by the Jepson School of Leadership Studies at UR Scholarship Repository. It has been accepted for inclusion in Jepson School of Leadership Studies articles, book chapters and other publications by an authorized administrator of UR Scholarship Repository. For more information, please contact [email protected]. 19 Theory, application and the canon The case of Mill and Jevons Sandra Peart Boundary questions, it has been well said, are always perplexing. (Economist 1882: 845) Introduction Whatever disputes remain about the nature and content of the "canon" of economics, it is widely accepted that the boundary of economic science was narrowed throughout the nineteenth century (Winch 1972). This chapter offers a partial explanation for that narrowing in the methodological develop­ ments that occurred during the second half of the century. For reasons of practicality in the face of pronounced "multiplicity of cause," John Stuart Mill called, ~n his 1836 Essay On the Definition ofPolitical Economy; and on the Method of Investigation Proper to It, and again in his 1843 Logi,c, for a separate and specialized science of political economy.
    [Show full text]
  • Doc 11366.Pdf
    SE PROHIBE Subrayar y/o margina,- esta lb" en " sub.nyatia, SE CC r. E DE SU 11MOR f.t 41.1 n7:7, COPYRIGHT 1976 JOSEPH EDWARD KECKEISSEN Propleded de le 1.1111PERSIDAD FRANC15(0 MARIN1111 THE MEANINGS OF ECONOMIC LAW JOSEPH EDWARD KECKEISSEN " ‘\‘10 A thesis presented to the Faculty of the Graduate School of Business Administration, New York University, in partial fulfillment of the requirements for the degree of Doctor of Philosophy. 1976 -76 3 10. PREFACE ZLI It is a distinct source of satisfaction to be able to present to New York University this dissertation entitled "The Meanings of Economic Law." It covers a subject, which though close to the heart of economic theory, has been long neglected in the journals. It presents, for the first time in a single work, an orderly compilation of the many notions that economists have held about law, and attempts to sound out the underlying reasons for and the logic behind such a variety of opinions, perhaps suggesting an answer to that tantalizing question as to whether there are economic laws after all. To accomplish this task it was necessary to research large samplings of the literature of two centuries, at least of that part that is available in English. Unfortunately, it was not possible to broaden this investigation to analyze terms other than law, which might be used to describe the generalizations of economics. Nor could a complete epistemo- logical study be made at this time of what economic law "should" really mean. Hopefully, such studies will not be long in forthcoming.
    [Show full text]
  • An Attempt to Reshape Capitalism's Image
    Volume 6 Article 7 2012 An Attempt to Reshape Capitalism’s Image Ross A. Nichols Gettysburg College Class of 2013 Follow this and additional works at: https://cupola.gettysburg.edu/ger Part of the Economic History Commons, Economic Theory Commons, and the Macroeconomics Commons Share feedback about the accessibility of this item. Nichols, Ross A. (2012) "An Attempt to Reshape Capitalism’s Image," Gettysburg Economic Review: Vol. 6 , Article 7. Available at: https://cupola.gettysburg.edu/ger/vol6/iss1/7 This open access article is brought to you by The uC pola: Scholarship at Gettysburg College. It has been accepted for inclusion by an authorized administrator of The uC pola. For more information, please contact [email protected]. An Attempt to Reshape Capitalism’s Image Abstract John Stuart Mill claimed to be a disciple of both Jeremy Bentham and David Ricardo. This was a strange proclamation because each man advocated a competing theory of value; Bentham’s utilitarianism laid the foundation for the utility theory of value and Ricardo developed the labor theory of value. Mill’s goal in attempting to unify these theories of value was to provide a solution for the growing class conflict that plagued capitalism. Class conflict arose as feudalism was phased out and industrial capitalism replaced merchant capitalism as the dominant economic system. The orC n Laws symbolized this competition between classes. Capitalists were against the Corn Laws because the subsequent tariffs would lower their rate of profit. Landowners supported the Corn Laws because they increased the rent on land. Even Karl Marx held spoke out against the Corn Laws on behalf of the working class.
    [Show full text]
  • Bibliography
    BIBLIOGRAPHY This biography aims to list the major sources of information about the history of the British Liberal, Social Democrat and Liberal Democrat parties. It concentrates on published books. Some references are made to archival sources for major figures but a guide to archive sources can be found elsewhere on the website and the books listed will guide towards collections of articles. It is organised in four sections: § The philosophic and policy background § The history of the party and Liberal governments § Elections § Biographies and autobiographies of leading party members The list does not attempt to be comprehensive but most of the major works included in this list will contain references to other relevant works. Those new to the subject are referred to our shorter reading list for an introduction to the subject. Unless otherwise indicated, the place of publication is usually London. THE PHILOSOPHIC AND POLICY BACKGROUND GENERAL R Bellamy, Liberalism and Modern Society: An Historic Argument, (Cambridge University Press, 1992) Duncan Brack and Tony Little (eds) Great Liberal Speeches (Politico’s Publishing, 2001) Duncan Brack & Robert Ingham (eds) Dictionary of Liberal Quotations (Politico’s Publishing, 1999) Alan Bullock (ed), The Liberal Tradition from Fox to Keynes, (Oxford University Press, 1967). Robert Eccleshall (ed) British Liberalism: Liberal thought from the 1640s to 1980s (Longman, 1986) S Maccoby (ed), The English Radical Tradition 1763-1914, (1952) Conrad Russell An Intelligent Person’s Guide to Liberalism (Duckworth,
    [Show full text]
  • Prudence and Constitutional Rights
    PRUDENCE AND CONSTITUTIONAL RIGHTS EDWARD F. MCCLENNEN [T]he object of man's desire is not to enjoy once only and for one in- stant of time, but to assure forever the way of his future desires. And therefore the voluntary actions and inclinations of all men tend not only to the procuring, but also to the assuring of a contented life.' INTRODUCTION A great deal of historical and contemporary work in the economic theory of institutions has focused on what the representative person can expect in the way of economic benefits by participating in various institutional arrangements. Starting with Adam Smith, and running like a bright thread throughout virtually all the subsequent theoretical literature on political economy, one can mark a preoccupation with the conditions under which individuals can transact with one another to their mutual expected economic gain. In the more formal litera- ture on welfare economics, this concern culminates, in the middle of the twentieth century, in a fundamental theorem, according to which individuals can, under conditions of perfect competition, achieve an outcome that is Pareto-optimal and Pareto-efficient relative to the outcome in which no transactions take place . The theme of Pareto- efficient changes in institutional structures is also central to many other contemporary works, including Coase's analysis of the firm and t Centennial Professor of Philosophy, Logic and Scientific Method, London School of Economics. THOMAS HOBBES, LEVIATHAN ch. xi, para. I (A.P. Martinich ed., Broadview Press 2002) (1651). 2 Of special historical note here are the discussions in JOHN LOCKE, THE SECOND TREATISE OF GOVERNMENT ch.
    [Show full text]
  • The Market for Political Economy: the Advent of Economics in British University Culture, 1850-1905
    THE MARKET FOR POLITICAL ECONOMY THE MARKET FOR POLITICAL ECONOMY The advent of economics in British university culture, 1850–1905 Edited by Alon Kadish and Keith Tribe London and New York First published 1993 by Routledge 11 New Fetter Lane, London EC4P 4EE Simultaneously published in the USA and Canada by Routledge Inc. 29 West 35th Street, New York, NY 10001 Routledge is an imprint of the Taylor & Francis Group This edition published in the Taylor & Francis e-Library, 2003. © 1993 Alon Kadish and Keith Tribe All rights reserved. No part of this book may be reprinted or reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage and retrieval system, without permission in writing from the publishers. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library. ISBN 0-203-40617-6 Master e-book ISBN ISBN 0-203-71441-5 (Adobe eReader Format) ISBN 0-415-03874-X (Print Edition) Library of Congress Cataloging-in-Publication Data The Market for political economy: the advent of economics in British university culture, 1850–1905/ edited by Alon Kadish, Keith Tribe. p. cm. Includes bibliographical references and index. ISBN 0-415-03874-X 1. Economics—Study and teaching (Higher)—Great Britain— History. 2. Universities and colleges—Great Britain— Curricula—History. 3. Economics—Great Britain—History. I. Kadish, Alon, 1950– II. Tribe, Keith, 1949– HB74.9.G7M37 1993
    [Show full text]
  • An Attempt to Reshape Capitalism's Image
    Student Publications Student Scholarship 2012 An Attempt to Reshape Capitalism’s Image Ross A. Nichols Gettysburg College Follow this and additional works at: https://cupola.gettysburg.edu/student_scholarship Part of the Economic History Commons Share feedback about the accessibility of this item. Nichols, Ross N. “An Attempt to Reshape Capitalism’s Image.” Gettysburg Economic Review 6 (Spring 2012): 74-88. This is the author's version of the work. This publication appears in Gettysburg College's institutional repository by permission of the copyright owner for personal use, not for redistribution. Cupola permanent link: https://cupola.gettysburg.edu/student_scholarship/ 44 This open access article is brought to you by The uC pola: Scholarship at Gettysburg College. It has been accepted for inclusion by an authorized administrator of The uC pola. For more information, please contact [email protected]. An Attempt to Reshape Capitalism’s Image Abstract John Stuart Mill is an extremely interesting figure in the history of economics. He was known for his eclecticism and his views on economic theory can best be described as self-contradictory. In this vein was his attempt to formulate a theory of value. Claiming to be a disciple of both Bentham (utility theory of value) and Ricardo (labor theory of value), he sought to combine two rivalry theories of value. While Mill’s attempt ultimately proved futile, it was not because he could not make up his mind. Mill wanted to reshape capitalism’s image. He wanted to reform capitalism, to show that it could exist in the absence of class conflict. In short, he wanted to cure capitalism of its ills.
    [Show full text]
  • Middlesex University Research Repository an Open Access Repository Of
    Middlesex University Research Repository An open access repository of Middlesex University research http://eprints.mdx.ac.uk Tame, Chris R. (1998) Towards a science of liberty: reclaiming a tradition in classical liberal thought. [Doctorate by Public Works] Final accepted version (with author’s formatting) This version is available at: https://eprints.mdx.ac.uk/13480/ Copyright: Middlesex University Research Repository makes the University’s research available electronically. Copyright and moral rights to this work are retained by the author and/or other copyright owners unless otherwise stated. The work is supplied on the understanding that any use for commercial gain is strictly forbidden. A copy may be downloaded for personal, non-commercial, research or study without prior permission and without charge. Works, including theses and research projects, may not be reproduced in any format or medium, or extensive quotations taken from them, or their content changed in any way, without first obtaining permission in writing from the copyright holder(s). They may not be sold or exploited commercially in any format or medium without the prior written permission of the copyright holder(s). Full bibliographic details must be given when referring to, or quoting from full items including the author’s name, the title of the work, publication details where relevant (place, publisher, date), pag- ination, and for theses or dissertations the awarding institution, the degree type awarded, and the date of the award. If you believe that any material held in the repository infringes copyright law, please contact the Repository Team at Middlesex University via the following email address: [email protected] The item will be removed from the repository while any claim is being investigated.
    [Show full text]
  • The Wealth of Nations and Historical "Facts"
    UNIVERSITY OF ILLINOIS LIBRARY AT URBANA-CHAMPAJGN BOOKSTACKS UNIVERSITY LIBRARY UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN The person charging this material is responsible for its renewal or return to the library on or before the due date. The minimum fee for a lost item is $1 25.00, $300.00 for bound journals. Theft, mutilation, and underlining of books are reasons for disciplinary action and may result in dismissal from the University. Please note: self-stick notes may result in torn pages and lift some inks. Renew via the Telephone Center at 217-333-8400, 846-262-1510 (toll-free) [email protected]. Renew online by choosing the My Account option at: http://www.library.uiuc.edu/catalog/ Digitized by the Internet Archive in 2011 with funding from University of Illinois Urbana-Champaign http://www.archive.org/details/wealthofnationsh1667rash 330 STX 3385 BEBR lo. 1667 COPY 2 FACULTY WORKING PAPER NO. 90-1667 The Wealth of Nations and Historical "Facts" Sa/m Rashid The Library of the M6 1 1 1990 University \A Illinois of Urtana-Cnampalgn College of Commerce and Business Administration Bureau of Economic and Business Research University of Illinois Urbana-Champaign BEBR FACULTY WORKING PAPER NO. 90-1667 College of Commerce and Business Administration University of Illinois at Urbana-Champaign July 1990 The Wealth of Nations and Historical "Facts" Salim Rashid Department of Economics University of Illinois Urbana-Champaign, IL ABSTRACT A close look at the "facts" Adam Smith provided to support policy conclusions in the Wealth of Mations suggests that facts played a minor role in Smith's attitude to economic policy issues.
    [Show full text]
  • Economic History at the London School of Economics & Political
    Economic History at the London School of Economics & Political Science: A View from the Periphery1 Colin M. Lewis 1 Introduction This paper explores the role of economic history at the London School of Economics and Political Science (LSE), and contributions by economic historians to the intellectual and institutional development of the School. From the inception of LSE, economic history was a key component of research and teaching. Although such language would not have been used by contemporaries, when LSE was established in 1895, economic history may have been considered as a laboratory of the social sciences and a bridge between economics and other social science disciplines. A characteristic of economic historians at the School, even before the formation of the Department of Economic History, was methodological diversity, and an emphasis on the applied. These traits were sustained as the group grew and the Department developed. Given this plurality in approach, which contributed and contributes to the depth and range of research and teaching at LSE, it would be a mistake to expect the formation of a distinct School of Aldwych Economic History, as occurred, for example, with the Vienna School of Economics, or economics at Cambridge, or the Manchester School of Economic History associated with George Unwin in the 1920s. The paper opens with a stylised description of the discipline and its development over time, 1 This paper has benefited from conversations (including email ‘conversations) and exchanges with many colleagues and associates. These include Christopher Abel, Gareth Austin, Dudley Baines, Maxine Berg, Stephen Broadberry, Leslie Hannah, Janet Hunter, Eddie Hunt, Helena Ivins, Tracy Keefe, Loraine Long, Mary Morgan, Patrick O’Brien, Linda Sampson and Jim Thomas.
    [Show full text]
  • The Freeman's Library
    THE FREE MAN'S LIBRARY A Descriptive and Critical Bibliography by HENRY HAZLITT D. VAN NOSTRAND COMPANY, INC. PRINCETON, NEW JERSEY TORONTO LONDON NEW YORK D. VAN NOSTRAND COMPANY, INC. 120 Alexander St., Princeton, New Jersey 257 Fourth Avenue, New York 10, New York 25 Hollinger Rd., Toronto 16, Canada Macmillan & Co., Ltd., St. Martin's St., London, W.C. 2, England All correspondence should be addressed to the principal office of the company at Princeton, N. J. Copyright, ©, 1956 by D. VAN NOSTRAND COMPANY, INC. Published simultaneously in Canada by D. VAN NOSTRAND COMPANY (Canada), LTD. All Rights Reserved This book, or any parts thereof, may not be reproduced in any form without written per- mission from the author and the publishers. Library of Congress Catalogue Card No.: 56-9010 PRINTED IN THE UNITED STATES OF AMERICA CONTENTS INTRODUCTION 1 Acknowledgments 18 Arrangement and Abbreviations 19 INDIVIDUALISM IN POLITICS AND ECONOMICS 21 THE FREE MAN'S LIBRARY 33 Freedom of men under government is to have a standing rule to live by, common to every one of that society, and made by the legislative power vested in it; a liberty to follow my own will in all things, when the rule prescribes not, and not to be subject to the inconstant, uncertain, unknown, arbitrary will of another man. —JOHN LOCKE It is seldom that liberty of any kind is lost all at once. —DAVID HUME The common people of England ... so jealous of their liberty, but like the common people of most other countries never rightly understanding wherein it consists.
    [Show full text]