This book contains commentaries from the series "Klassiker der Nationalökonomie" (classics of economics), which have been translated into English for the first time. This selection focuses on neglected, but notable writers in a deserted sub-discipline, localising the beginning of economic science not with Adam Smith, but with the moral question of usury and the good life in Antiquity. Bertram Schefold’s choice of authors for the "Klassiker" series, which he has edited since 1991, and his comments on the various re-edited works are proof of his highly original and thought-provoking interpretation of the history of economic thought (HET). This volume is an important contribution to HET not only because it delivers original and fresh insights about such well-known figures as Aristotle, Jevons or Wicksell, but also because it deals with authors and ideas who have been forgotten or neglected in the previous literature. In this regard Schefold’s book could prove to be seminal for the field of the history of economic thought, for in the age of globalisation our usual restriction to the thinkers of Western Europe and the USA might eventually be overcome. This book will give the reader a far broader view of economics compared to that of the latest research. This volume is suitable for those who are interested in and study history of economic thought as well as economic theory and philosophy.

Volume 38C features a symposium on the economic thought of Sir James Steuart. In addition, the volume contains new general-research essays on Milton Friedman’s 1975 visit to Chile, Keynes and Pigou on employment and equilibrium, and a brief correspondence between Karl Popper and Leonard Savage.

Originally published between 1973 and 1981, this Allen and Unwin series published single authored volumes on nine key political philosophers ranging from Aristotle to Karl Marx. Volume titles are: Volume I: Hegel by Raymond PlantVolume II: Edmund Burke by Frank O'GormanVolume III: Karl Marx by Michael EvansVolume IV: John Stuart Mill by R. J. HallidayVolume V: Bentham by James SteintragerVolume VI: Hobbes: Morals and Politics by D.D. RaphaelVolume VII: Aristotle by John B. MorrallVolume VIII: John Locke by Geraint ParryVolume IX: Plato by Robert Hall Volumes also available individually at £65.00

The Great Financial Crisis that began in 2007 reminds us with devastating force that financial instability and crises are endemic to capitalist economies, and that it is only strong and dynamically-changing financial regulations that can keep the damage caused by these crises within bounds. The international financial system and individual national economies, including that of the United States, are suffering from the aftermath of the worst financial crisis since the Great Depression. Economists are struggling to understand the origins and implications of the crisis. The Handbook of the Political Economy of Financial Crises uses a political economy theoretical framework to analyze the crisis. After an opening chapter that describes the dimensions of the current crisis, the next section provides relevant theoretical frameworks. Subsequent sections apply these theoretical frameworks to analyze the background, dimensions, and implications of the crisis for the world economy. Leading scholars push forward our understanding of how and why our international and domestic economies are susceptible to financial breakdown and what can be done to mitigate this problem in the future. The methodology throughout applies theoretical concepts in the context of an historical and institutional understanding of the real world. By emphasizing the historical and institutional aspects of financial crises, the authors advance economic knowledge and provide insights into how we can manage our financial system to improve the lives of ordinary people.

This book brings together fourteen essays by leading authors in the field of economics to explore the relationship between money and markets throughout economic theory and history, providing readers with the key to understanding fundamental issues in monetary theory and other important debates in contemporary economics. Addressing this popular and topical area in economic discussion and debate an impressive array of contributors, including Meghnad Desai, Charles Goodhart and John Davis examine the theory, policy and history of economics in the USA, Europe and Japan. The subjects covered include: the history of economic thought money and banking monetary economics poverty modern economic history. This volume is essential reading for postdoctoral researchers and historians of economic thought across the globe.

To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and finance. It re-examines the classical foundations of political economy and the creator of money. It assesses all of the important theoretical schools since then, including Marxist, Keynesian, post-Keynesian and monetarist thinkers. By presenting important insights from Japanese political economy previously ignored in Anglo-Saxon economics, the authors make a significant contribution to radical political economy based on a thorough historical analysis of capitalism.