Routledge Handbook of the History of Global Economic Thought

359 Pages·2014·2.72 MB·English

by  Vincent Barnett

Routledge Handbook
of the History of Global
Economic Thought
Routledge Handbook of the History of Global Economic Thoughtoffers the first comprehensive overview
of the long-run history of economic thought from a truly international perspective. Although
globalization has facilitated the spread of ideas between nations, the history of economics has
tended to be studied either thematically (by topic), in terms of different currents of thought,
or individually (by economist). Work has been published in the past on the economic thought
traditions of specific countries, but this pioneering volume is unique in offering a wide-ranging
comparative account of the development of economic ideas and philosophies on the international
stage.
The volume brings together leading experts on the development of economic ideas from
across the world in order to offer a truly international comparison of the economics within
nation-states. Each author presents a long-term perspective on economics in their region, allowing
global patterns in the progress of economic ideas over time to be identified.
The specially commissioned chapters cover the vast sweep of the history of economics across
five world regions, including Europe (England, Scotland, Ireland, Italy, Greece, Spain, Portugal,
Germany, Sweden, Russia and Ukraine), the Americas (the USA, Canada, Mexico and Central
America, the Caribbean, Spanish-speaking South America, and Brazil), the Middle East (Turkey,
Israel, Arab-Islamic economics, Persia/Iran and North Africa), Africa (West Africa, Southern
Africa, Mozambique and Angola), and the Asia-Pacific region (Australia and New Zealand, China,
Southeast Asia, the Asian Tigers and India).
This rigorous, ambitious and highly scholarly volume will be of key interest to students,
academics, policy professionals and to interested general readers across the globe.
Vincent Barnett has been a Research Fellow for over two decades at numerous universities
across the UK. His most recent books are the Routledge Historical Biography John Maynard
Keynes(2013), and the first monograph in English exploring the work of E.E. Slutsky as Economist
and Mathematician (2011).
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Routledge Handbook
of the History of Global
Economic Thought
Edited by
Vincent Barnett
Routledge
Taylor & Francis Group
LODON AND NEW YORK
First published 2015
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon, OX14 4RN
and by Routledge
711 Third Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
© 2015 selection and editorial material, Vincent Barnett; individual
chapters, the contributors
The right of the editor to be identified as the author of the editorial
material, and of the authors for their individual chapters, has been asserted
in accordance with sections 77 and 78 of the Copyright, Designs and
Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced
or utilised 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 or retrieval system, without permission in
writing from the publishers.
Trademark notice: Product or corporate names may be trademarks or
registered trademarks, and are used only for identification and explanation
without intent to infringe.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging in Publication Data
Routledge handbook of the history of global economic thought/
edited by Vincent Barnett.
pages cm
ISBN 978-0-415-50849-0 (hardback) –
ISBN 978-1-315-76108-4 (ebook) 1. Economics–History.
2. Economic history. I. Barnett, Vincent, 1967–
HB75.R67484 2014
330.09–dc23 2014005761
ISBN: 978-0-415-50849-0 (hbk)
ISBN: 978-1-315-76108-4 (ebk)
Typeset in Bembo and Stone Sans
by Florence Production Ltd, Stoodleigh, Devon, UK
Contents
Contributors viii
1 Introduction 1
Vincent Barnett
PART I
Europe 15
2 England 17
Roger Middleton
3 Scotland 38
Alexander Dow and Sheila Dow
4 Ireland 48
Renee Prendergast
5 Italy 58
Pier Luigi Porta
6 Greece 68
Michalis M. Psalidopoulos
7 Spain and Portugal 77
José Luís Cardoso and Luis Perdices de Blas
8 Germany: from sciences of state to modern economics 86
Erik Grimmer-Solem
9 Sweden 95
Lars Magnusson
10 Russia and Ukraine 102
François Allisson
v
Contents
PART II
The Americas 111
11 United States of America 113
J.E. King
12 Canada 130
Robin Neill
13 Mexico and Central America 140
Richard Weiner
14 The Caribbean 149
Mark Figueroa
15 Spanish-speaking South America: politicized economic thought 158
Verónica Montecinos
16 Brazil: a very big and complicated country 167
Patrice Franko
PART III
The Middle East 177
17 Turkey and the Turkic linguistic zone: the case that doesn’t quite fit 179
Eyüp Özveren
18 Israel 189
Yuval Yonay and Arie Krampf
19 Arab-Islamic Economics 202
S.M. Ghazanfar
20 Persia/Iran 216
Hamid Hosseini
21 North Africa: from boom to bust to revolution 228
Hamed El-Said
PART IV
Africa 241
22 West Africa 243
Gareth Austin and Gerardo Serra
vi
Contents
23 Southern Africa 257
Tidings P. Ndhlovu and Nene Ernest Khalema
24 Angola and Mozambique: Marxist or market? 269
Steven Kyle
PART V
The Asia-Pacific region 279
25 Australia and New Zealand: a young tree dead? 281
William Coleman
26 China: 2,500 years of economic thought 294
Zagros Madjd-Sadjadi
27 Southeast Asia: Indonesia and Malaysia 306
Cassey Lee and Thee Kian Wie
28 The Asian Tigers 315
Takashi Kanatsu
29 India 323
Balakrishnan Chandrasekaran
30 Conclusion 337
Vincent Barnett
Author index 341
Place index 346
vii
Contributors
François Allisson, Centre Walras-Pareto, Switzerland.
Gareth Austin, The Graduate Institute, Geneva, Switzerland.
Vincent Barnett, Independent Scholar, England.
Luis Perdices de Blas, Complutense University of Madrid, Spain.
José Luís Cardoso, University of Lisbon, Portugal.
Balakrishnan Chandrasekaran, Rajiv Gandhi Institute of Contemporary Studies, India.
William Coleman, Australian National University, Australia.
Alexander Dow, University of Victoria, Canada.
Sheila Dow, University of Sterling, Scotland.
Hamed El-Said, Manchester Metropolitan University, England.
Mark Figueroa, University of the West Indies, Jamaica.
Patrice Franko, Colby University, USA.
S.M. Ghazanfar, University of Idaho, USA.
Erik Grimmer-Solem, Wesleyan University, USA.
Hamid Hosseini, King’s College, Wilkes-Barre, USA.
Takashi Kanatsu, Hofstra University, USA.
Nene Ernest Khalema, University of Kwazulu-Natal, South Africa.
J.E. King, La Trobe University, Australia.
viii
Contributors
Arie Krampf, Academic College Tel Aviv Yaffo, Israel.
Steven Kyle, Cornell University, USA.
Cassey Lee, University of Wollongong, Australia.
Zagros Madjd-Sadjadi, Winston-Salem State University, USA.
Lars Magnusson, Uppsala University, Sweden.
Roger Middleton, University of Bristol, England.
Verónica Montecinos, Penn State University, USA.
Tidings P. Ndhlovu, Manchester Metropolitan University, England.
Robin Neill, University of Prince Edward Island, Canada.
Eyüp Özveren, Middle East Technical University, Turkey.
Pier Luigi Porta, University of Milan-Bicocca, Italy.
Renee Prendergast, Queen’s University Belfast, Northern Ireland.
Michalis M. Psalidopoulos, Tufts University, USA.
Gerardo Serra, London School of Economics, England.
Thee Kian Wie, Australian National University, Australia.
Richard Weiner, Indiana-Purdue University, Fort Wayne, USA.
Yuval Yonay, University of Haifa, Israel.
ix