How writers after Adam Smith helped shape our thinking about economics and politics Few issues are more central to our present predicaments than the relationship between economics and politics. In the century after Adam Smith's Wealth of Nations the British economy was transformed. After Adam Smith looks at how politics and political economy were articulated and altered. It considers how grand ideas about the connections between individual liberty, free markets, and social and economic justice sometimes attributed to Smith are as much the product of gradual modifications and changes wrought by later writers. Thomas Robert Malthus, David Ricardo, James Mill, John Stuart Mill, and other liberals, radicals, and reformers had a hand in conceptual transformations that culminated in the advent of neoclassical economics. The population problem, the declining importance of agriculture, the consequences of industrialization, the structural characteristics of civil society, the role of the state in economic affairs, and the possible limits to progress were questions that underwent significant readjustments as the thinkers who confronted them in different times and circumstances reworked the framework of ideas advanced by Smith—transforming the dialogue between politics and political economy. By the end of the nineteenth century an industrialized and globalized market economy had firmly established itself. By exploring how questions Smith had originally grappled with were recast as the economy and the principles of political economy altered during the nineteenth century, this book demonstrates that we are as much the heirs of later images of Smith as we are of Smith himself. Many writers helped shape different ways of thinking about economics and politics after Adam Smith. By ignoring their interventions we risk misreading our past—and also misusing it—when thinking about the choices at the interface of economics and politics that confront us today.

Emergence of the modern science of international law in the seventeenth and eighteenth centuries is usually attributed to Hugo Grotius (1583-1645) and other “founders of international law.” Based on the belief that “all seventeenth and eighteenth-century writers of international law had their own particular political context in mind when writing about the law of nations,” this book sheds light on some worldly aspect of the early writers of the law of nations (i.e., the former name for international law). Studied here are the writings of seven German court councilors, namely, Samuel Rachel (Schleswig-Holstein-Gottorp), Gottfried Wilhelm Leibniz (Hannover), Adam Friedrich Glafey (Saxony), Johann Adam Ickstatt (Würzburg-Bamberg), Samuel von Cocceji (Prussia), Johann Jacob Moser (Würtemberg and Hessen-Homburg) and Emer de Vattel (Saxony).

This book is divided up into three sections. The first deals with the problem of the World economy and the most important issues affecting the World economy. The second analyses problem mainly affecting the developed countries. The third analyses the issues in the developing countries particularly in the BRIC countries.