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The aim of this volume is to tell a story of Welsh industrial history different from the one traditionally dominated by the coal and iron communities of Victorian and Edwardian Wales. Extending their chronological scope from the early eighteenth- to the late twentieth-century, and encompassing a wider range of industries, ...
New Perspectives on Welsh Industrial History
The aim of this volume is to tell a story of Welsh industrial history different from the one traditionally dominated by the coal and iron communities of Victorian and Edwardian Wales. Extending their chronological scope from the early eighteenth- to the late twentieth-century, and encompassing a wider range of industries, the essays in this book combine studies of the internal organisation of workplace and production with outward-facing perspectives of Welsh industry in the context of the global economy. Chapter authors offer some important new insights into the companies, the employers, the markets and the money behind some of the key sectors of the Welsh economy, from coal to copper and from steel to manufacturing. By acknowledging the numerical significance, but often unsung importance, of the thousands who worked in domestic service, it challenges us also to reconsider what we think of as constituting `industry' in Wales.
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Adam Smith (1723-1790) is famous around the world as the founding father of economics, and his ideas are regularly quoted and invoked by politicians, business leaders, economists and philosophers. However, considering his fame few people have actually read the whole of his magnum opus The Wealth of Nations - the ...
The Routledge Guidebook to Smith's Wealth of Nations
Adam Smith (1723-1790) is famous around the world as the founding father of economics, and his ideas are regularly quoted and invoked by politicians, business leaders, economists and philosophers. However, considering his fame few people have actually read the whole of his magnum opus The Wealth of Nations - the first book to describe and lay out many of the concepts that are crucial to modern economic thinking. The Routledge Guidebook to Smith's Wealth of Nations provides an accessible, clear and concise introduction to the arguments of this most notorious and influential of economic texts. The Guidebook examines: the historical context of Smith's though and the background to this seminal work the key arguments and ideas developed throughout The Wealth of Nations the enduring legacy of Smith's work. The Routledge Guidebook to Smith's Wealth of Nations is essential reading for students of philosophy, economics, politics and sociology who are approaching the Smith's work for the first time.
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Innovation in money is just as important as innovation in any other sphere of activity; money is always a work in progress. In fact, history shows societies have tried out a wide diversity of monetary arrangements. Ideas about money have played key roles at crucial turning points in world history ...
The Power of Money: How Ideas about Money Shaped the Modern World
Innovation in money is just as important as innovation in any other sphere of activity; money is always a work in progress. In fact, history shows societies have tried out a wide diversity of monetary arrangements. Ideas about money have played key roles at crucial turning points in world history and during national histories. Recently, a new global money space has been created, a joint venture between the public and private sector. This book explores the new money society that has grown up to inhabit this new space. The book has several aims: Firstly, the book shows how beliefs about money, as well as attitudes and values towards it, have varied between societies and over time, and specifically how they have changed over the modern era. Secondly, the book shows the powerful effects that changing ideas have had on events, including wars and revolutions, recessions, booms and financial crises. Thirdly, the book recounts the creation of a global money space, dated to the last quarter of the 20th century, and explores its features. Fourthly, the book describes some characteristics of the new money society that inhabits the global money space. Fifthly, the book shows how each society, and indeed successive generations of the same society, has made its own unique arrangements to govern money - i.e. how it comes to terms with the power of money. The author argues that we need to develop a new arrangement now and suggests that we have much to learn from recent creative work in a number of fields ranging from the sociology of money to contemporary art. This approach sheds new light on a number of controversial issues, including the rise of crony capitalism, growing social divisions, currency wars, and asset price bubbles.
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A friend, correspondent and intellectual successor to David Ricardo, John Ramsay McCulloch (1789-1864) forged his reputation in the emerging field of political economy by publishing deeply researched articles in Scottish periodicals and the Encyclopaedia Britannica. From 1828 he spent nearly a decade as professor of political economy at the newly ...
The Literature of Political Economy: A Classified Catalogue of Select Publications in the Different Departments of that Science, with Historical, Critical and Biographical Notices
A friend, correspondent and intellectual successor to David Ricardo, John Ramsay McCulloch (1789-1864) forged his reputation in the emerging field of political economy by publishing deeply researched articles in Scottish periodicals and the Encyclopaedia Britannica. From 1828 he spent nearly a decade as professor of political economy at the newly founded University of London, thereafter becoming comptroller of the Stationery Office. Perhaps the first professional economist, McCulloch had become internationally renowned by the middle of the century, recognised for sharing his ideas through lucid lecturing and writing. The present reference work, first published in 1845, reflects McCulloch's extraordinarily wide reading across subjects relating to his field of expertise. Featuring sections on foundling hospitals and slavery, as well as money and prices, the bibliography is annotated throughout with McCulloch's frank assessments. Several other works written or edited by McCulloch are also reissued in the Cambridge Library Collection.
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43.050000 USD
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In Out of Stock, Dara Orenstein delivers a nuanced, ambitious, and engrossing account of that most generic and underappreciated site in the history of American commerce and industry: the warehouse, and all its many permutations. She traces the progression from the bonded warehouse of the nineteenth century to today's foreign-trade ...
Out of Stock: The Warehouse in the History of Capitalism
In Out of Stock, Dara Orenstein delivers a nuanced, ambitious, and engrossing account of that most generic and underappreciated site in the history of American commerce and industry: the warehouse, and all its many permutations. She traces the progression from the bonded warehouse of the nineteenth century to today's foreign-trade zones, enclaves where goods are processed while simultaneously inside the US and outside US customs territory. Foreign-trade zones channel jobs to American workers by converting American cities into international ports, and to understand them, Orenstein tells us, we should look at them in the simplest of terms: as warehouses. Going further, Orenstein contends that these zones--nearly 800 of which are scattered across the US--are emblematic of how warehouses have begun to supplant factories on the terrain of logistics. In the age of Amazon and Walmart, circulation is so crucial to how and where goods are produced that it is increasingly inseparable from production, such that warehouses rank as some of the most pivotal spaces of global capitalism. Drawing from cultural geography, cultural history, and political economy, and vividly documented with photos, ads, maps, and other ephemera, Out of Stock nimbly demonstrates the centrality of warehouses for corporations, workers, cities, and empires.
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Politically adrift, alienated from Weimar society, and fearful of competition from industrial elites and the working class alike, the independent artisans of interwar Germany were a particularly receptive audience for National Socialist ideology. As Hitler consolidated power, they emerged as an important Nazi constituency, drawn by the party's rejection of ...
From Craftsmen to Capitalists: German Artisans from the Third Reich to the Federal Republic, 1939-1953
Politically adrift, alienated from Weimar society, and fearful of competition from industrial elites and the working class alike, the independent artisans of interwar Germany were a particularly receptive audience for National Socialist ideology. As Hitler consolidated power, they emerged as an important Nazi constituency, drawn by the party's rejection of both capitalism and Bolshevism. Yet, in the years after 1945, the artisan class became one of the pillars of postwar stability, thoroughly integrated into German society. From Craftsmen to Capitalists gives the first account of this astonishing transformation, exploring how skilled tradesmen recast their historical traditions and forged alliances with former antagonists to help realize German democratization and recovery.
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Soviet foreign policy in the Stalin era is commonly assumed to have been a direct product of either Marxist ideology or the leader's whims. Both assumptions, however, oversimplify the complex and subtle factors involved in its creation and implementation. Kyung-Deok Roh provides an alternative, more nuanced, explanation and demonstrates the ...
Stalin's Economic Advisors: The Varga Institute and the Making of Soviet Foreign Policy
Soviet foreign policy in the Stalin era is commonly assumed to have been a direct product of either Marxist ideology or the leader's whims. Both assumptions, however, oversimplify the complex and subtle factors involved in its creation and implementation. Kyung-Deok Roh provides an alternative, more nuanced, explanation and demonstrates the key role played by Stalin's economic advisors. The so-called 'Varga Institute' , a 'think tank' led by Evgenii Varga, developed a unique scholarly discourse on the capitalist economy and international politics, based on an amalgam of Marxist economics and, notably, the work of American economist W. E. Mitchell. The institute's scholarship, which suggested the resilience, adaptability and stability of the capitalist economy, created the discursive space within which decisions were made, and influenced Stalin to move increasingly from aggressive strategies towards more cautious international policies. Roh's account, the first comprehensive study of this pivotal group, demonstrates the many complex ways that Soviet foreign policy was created and sheds new light onto the controversial relationship between Soviet academia and the party. Based on extensive archival research into previously untouched material, Stalin's Economic Advisors is essential reading for all researchers seeking to add nuance to their conception of Stalinist foreign policy, economic thought and politics.
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This book offers a sociological overview of the theories and research on economic innovation. Over the past few decades, the economics of innovation has given rise to a lively flow of studies, and innovation studies continues to develop as an interdisciplinary field of research. Sociology in general, and economic sociology ...
Sociology of Economic Innovation
This book offers a sociological overview of the theories and research on economic innovation. Over the past few decades, the economics of innovation has given rise to a lively flow of studies, and innovation studies continues to develop as an interdisciplinary field of research. Sociology in general, and economic sociology in particular, have already made a significant contribution to innovation and continue to play a crucial role in this emerging field. This book presents an integrated sociological approach to the study of economic innovation. It explores the key theories and sociological research on innovation, as well as other contributions to the field of Innovation Studies from economists, geographers, and psychologists. Ramella argues that in order to understand the processes of innovation, it is necessary to look at the actors of innovation, at the relations that exist between them and at the sectoral and territorial contexts in which they operate. For students, this book includes international case studies throughout, as well as further study questions at the end of each chapter.
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52.450000 USD
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A friend, correspondent and intellectual successor to David Ricardo, John Ramsay McCulloch (1789-1864) forged his reputation in the emerging field of political economy by publishing deeply researched articles in Scottish periodicals and the Encyclopaedia Britannica. From 1828 he spent nearly a decade as professor of political economy at the newly ...
The Principles of Political Economy: With a Sketch of the Rise and Progress of the Science
A friend, correspondent and intellectual successor to David Ricardo, John Ramsay McCulloch (1789-1864) forged his reputation in the emerging field of political economy by publishing deeply researched articles in Scottish periodicals and the Encyclopaedia Britannica. From 1828 he spent nearly a decade as professor of political economy at the newly founded University of London, thereafter becoming comptroller of the Stationery Office. Perhaps the first professional economist, McCulloch had become internationally renowned by the middle of the century, recognised for sharing his ideas through lucid lecturing and writing. First published in 1825, this textbook was an expanded version of an article originally written in 1822 for the Encyclopaedia Britannica. Reissued here is the 1830 enlarged second edition. In Britain and America the work reached many students, and was translated into multiple European languages. Several other works written or edited by McCulloch are also reissued in the Cambridge Library Collection.
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At the summit of his power, John Law was the most famous man in Europe. Born in Scotland in 1671, he was convicted of murder in London and, after his escape from prison, fled Scotland for the mainland when Union with England brought with it a warrant for his arrest. ...
John Law: A Scottish Adventurer of the Eighteenth Century
At the summit of his power, John Law was the most famous man in Europe. Born in Scotland in 1671, he was convicted of murder in London and, after his escape from prison, fled Scotland for the mainland when Union with England brought with it a warrant for his arrest. On the continent he lurched from one money-making scheme to the next - selling insurance against losing lottery tickets in Holland, advising the Duke of Savoy - amassing a fortune of some GBP80,000. But for his next trick he had grander ambitions. When Louis XIV died, leaving a thoroughly bankrupt France to his five-year-old heir, Law gained the ear of the Regent, Philippe D'Orleans. In the years that followed, Law's financial wizardry transformed the fortunes of France, enriching speculators and investors across the continent, and he was made Controller-General of Finances, effectively becoming the French Prime Minister. But the fall from grace that was to follow was every bit as spectacular as his meteoric rise. John Law, by a biographer of Adam Smith and the author of Frozen Desire and Capital of the Mind, dramatises the life of one of the most inventive financiers in history, a man who was born before his time and in whose day the word millionaire came to be coined.
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20.990000 USD
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The End of the Euro begins with an overview of the birth of the euro itself. Understanding this history is essential to understand the anomalies built into the project from the beginning. These anomalies form the subject of chapter two, along with how they led to the situation that turned ...
The End of the Euro: The Uneasy Future of the European Union
The End of the Euro begins with an overview of the birth of the euro itself. Understanding this history is essential to understand the anomalies built into the project from the beginning. These anomalies form the subject of chapter two, along with how they led to the situation that turned Greece, Portugal, and Spain into euro-destroying economic disaster areas. Chapter three shows how this was not an unforeseeable situation, as Europe's history is filled with earlier failed attempts to build monetary unions. Chapter four is focused on Germany, by far the most important country within EMU, and why the chances of Germany leaving the union are much higher than is generally assumed. The book concludes with an analysis of what lies in wait for the remains of the monetary union -- and for a deeply divided and troubled continent in general. Either the EMU transforms itself fundamentally or it disintegrates.
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11.53 USD
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Over the last 50 years, and particularly since the financial crash in 2008, the community of heterodox economists has expanded, and its publications have proliferated. But its power in departments of economics has waned. Addressing this paradox, Geoffrey M. Hodgson argues that heterodox economists are defined more by a left ...
Is There a Future for Heterodox Economics?: Institutions, Ideology and a Scientific Community
Over the last 50 years, and particularly since the financial crash in 2008, the community of heterodox economists has expanded, and its publications have proliferated. But its power in departments of economics has waned. Addressing this paradox, Geoffrey M. Hodgson argues that heterodox economists are defined more by a left ideology than by a shared understanding of the nature of orthodox economics and of what should replace it. Heterodox economists cannot agree on what heterodoxy means. Employing insights from the sociology and philosophy of science, the author explores the marginalization of heterodox economics in the academic community and its exclusion from positions of power. This perceptive book also shows how the weaknesses of a particular version of heterodoxy stemming from the Cambridge economics of the 1970s have been replicated globally in much of contemporary heterodox economics. The author considers how the field can adapt in order to improve and sustain its presence in academia. Social scientists and economists will find this book both enlightening and useful. In particular, it will be invaluable to student networks and others critical of mainstream economics, and to those teaching economics at undergraduate and postgraduate level.
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How did English football - once known for its stale pies, bad book-keeping and hooligans - become a commercial powerhouse and the world's premium popular entertainment? This was a business empire built in only twenty-five years on ambition, experimentation and gambler's luck. Lead by a motley cast of executives, Russian ...
The Club: How the Premier League Became the Richest, Most Disruptive Business in Sport
How did English football - once known for its stale pies, bad book-keeping and hooligans - become a commercial powerhouse and the world's premium popular entertainment? This was a business empire built in only twenty-five years on ambition, experimentation and gambler's luck. Lead by a motley cast of executives, Russian oligarchs, Arab Sheikhs, Asian Titans, American Tycoons, battle-hardened managers, ruthless agents and the Murdoch media - the Premier League has been carved up, rebranded and exported to phenomenal 185 countries. The United Nations only recognizes 193. But the extraordinary profit of bringing England's ageing industrial towns to a compulsive global attention has come at a cost. Today, as players are sold for hundreds of millions and clubs are valued in the billions, local fans are being priced out - and the clubs' local identities are fading. The Premier League has become the classic business fable for our globalised world. Drawing on dozens of exclusive and revelatory interviews from the Boardrooms - including Liverpool's John W. Henry, Tottenham's Daniel Levy, Martin Edwards and David Gill at Manchester United, Arsene Wenger and Stan Kroenke at Arsenal, Manchester City's sporting director Txiki Begiristain, and executives at Chelsea, West Ham, Leicester City and Aston Villa - this is the definitive bustand boom account of how the Premier League product took over the world.
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The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a `pluralistic' heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Regulation theory; the Social Structure ...
The Routledge Handbook of Heterodox Economics: Theorizing, Analyzing, and Transforming Capitalism
The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a `pluralistic' heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Regulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both `heat and light' on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science. This Handbook will be of compelling interest to those, including students, who wish to learn about alternative economic theories and policies that are rarely found in conventional economics textbooks or discussed in the mainstream media, and to critical economists and other social scientists who are concerned with analyzing pressing socio-economic issues.
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Since 2010 Greece has been experiencing the longest period of austerity and economic downturn in its recent history. Economic changes may be happening more rapidly and be more visible than the cultural effects of the crisis which are likely to take longer to become visible, however in recent times, both ...
Greece in Crisis: The Cultural Politics of Austerity
Since 2010 Greece has been experiencing the longest period of austerity and economic downturn in its recent history. Economic changes may be happening more rapidly and be more visible than the cultural effects of the crisis which are likely to take longer to become visible, however in recent times, both at home and abroad, the Greek arts scene has been discussed mainly in terms of the crisis. While there is no shortage of accounts of Greece's economic crisis by financial and political analysts, the cultural impact of austerity has yet to be properly addressed. This book analyses hitherto uncharted cultural aspects of the Greek economic crisis by exploring the connections between austerity and culture. Covering literary, artistic and visual representations of the crisis, it includes a range of chapters focusing on different aspects of the cultural politics of austerity such as the uses of history and archaeology, the brain drain and the Greek diaspora, Greek cinema, museums, music festivals, street art and literature as well as manifestations of how the crisis has led Greeks to rethink or question cultural discourses and conceptions of identity.
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This book, originally published in 1967, takes the automobile industry experience as a basis for a wider view of industrial relations, trends and developments of the 1950s and 60s. The study also analyses the emergence of new institutions and systems of labour-management relationships. It contains chapters on the effects of ...
Labour Relations in the Motor Industry: A Study of Industrial Unrest and an International Comparison
This book, originally published in 1967, takes the automobile industry experience as a basis for a wider view of industrial relations, trends and developments of the 1950s and 60s. The study also analyses the emergence of new institutions and systems of labour-management relationships. It contains chapters on the effects of automotion and technical change, on the impact of fluctuations in the market for cars and on wage trends. There are detailed surveys of some of the biggest post-war disputes and especially of trade union organization, the shop steward system, the experience of individual firms, such as Austin, Ford and Fiat. There is also a comparative survey of labour relationships in other major car manufacturing countries such as the USA, Germany and Japan.
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42.000000 USD
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This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek's thought. These include the division of ...
F. A. Hayek: Economics, Political Economy and Social Philosophy
This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek's thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem that economic decision makers face and how alternative institutional arrangements either hinder or assist them in overcoming that epistemic dilemma. Hayek saw order emerging from individual action and responsibility under the appropriate institutional order that itself emerges from actors discovering new and better ways to coordinate their behavior. This book will be of interest to all those keen to gain a deeper understanding of this great 20th century thinker in economics.
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36.740000 USD
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The Spice Route is one of history's greatest anomalies: shrouded in mystery, it existed long before anyone knew of its extent or configuration. Spices came from lands unseen, possibly uninhabitable, and almost by definition unattainable; that was what made them so desirable. Yet more livelihoods depended on this pungent traffic, ...
The Spice Route: A History
The Spice Route is one of history's greatest anomalies: shrouded in mystery, it existed long before anyone knew of its extent or configuration. Spices came from lands unseen, possibly uninhabitable, and almost by definition unattainable; that was what made them so desirable. Yet more livelihoods depended on this pungent traffic, more nations participated in it, more wars were fought for it, and more discoveries resulted from it than from any other global exchange. Epic in scope, marvelously detailed, laced with drama, The Spice Route spans three millennia and circles the world to chronicle the history of the spice trade. With the aid of ancient geographies, travelers' accounts, mariners' handbooks, and ships' logs, John Keay tells of ancient Egyptians who pioneered maritime trade to fetch the incense of Arabia, Graeco-Roman navigators who found their way to India for pepper and ginger, Columbus who sailed west for spices, de Gama, who sailed east for them, and Magellan, who sailed across the Pacific on the exact same quest. A veritable spice race evolved as the west vied for control of the spice-producing islands, stripping them of their innocence and the spice trade of its mystique. This enthralling saga, progressing from the voyages of the ancients to the blue-water trade that came to prevail by the seventeenth century, transports us from the dawn of history to the ends of the earth.
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31.450000 USD
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The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the ...
Counter-shock: The Oil Counter-Revolution of the 1980s
The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the much-debated 1973 `oil shock', the `countershock' has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario. This volume is the first to put the oil `counter-shock' of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, Counter-Shock offers a balanced approach between the global picture and local study cases. In particular, it highlights the crucial interaction between the oil counter-shock and the political `counterrevolution' against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period.
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This book presents a comprehensive survey of Islamic economics in all its diversity and complexity. Divided into four parts, each describes a facet of Islamic political economy: * A general introduction to Islam and Islamic political economy * A brief historical overview * A summary of dominant Islamic political-economic thinking ...
Islam and Economics
This book presents a comprehensive survey of Islamic economics in all its diversity and complexity. Divided into four parts, each describes a facet of Islamic political economy: * A general introduction to Islam and Islamic political economy * A brief historical overview * A summary of dominant Islamic political-economic thinking * A look at the 'praxis' of Islamic political economy, exploring the different attempts at Islamicisation. A conclusion looks at the prospects for Islamic political economy in the 21st century. The book incorporates numerous concrete examples and case studies, illustrative quotes from the Qur'an and the Hadith, and from Islamic thinkers past and present. There is also an extensive bibliography, a substantial glossary and a comprehensive list of research institutes and internet resources. Intended for a broad readership, it is accessible enough to be read by non-specialists.
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Islam and Economics

by Ibrahim Warde
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