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An Inquiry Into the Currency Principle: The Connection of the Currency with ... by Thomas Tooke
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A Contribution to the Critique of Political Economy
Karl Marx - 1859
The book is mainly an analysis of capitalism, achieved by critiquing the writings of the leading theoretical exponents of capitalism at that time: these were the political economists, nowadays often referred to as the classical economists; Adam Smith (1723–90) and David Ricardo (1772–1823) are the foremost representatives of the genre.Much of the Critique was later incorporated by Marx into his magnum opus, Capital (Volume I), published in 1867; and the Critique is generally considered to be of secondary importance among Marx's writings. This does not apply, however, to the Preface of the Critique. It contains the first connected account of one of Marx's main theories: the economic interpretation of history. Briefly, this is the idea that economic factors – the way people produce the necessities of life – conditions the kind of politics and ideology a society can have.
Get Started Investing: It's easier than you think to invest in shares
Alec Renehan - 2021
Principles of Political Economy: And Chapters on Socialism
John Stuart Mill - 1848
It shows him applying his classical economic theory to policy questions of lasting concern: the desirability of sustained growth of national wealth and population, the merits of capitalism versus socialism, and the suitable scope of government intervention in the competitive market economy. His answers to those questions have profound relevance today, and they serve to illustrate the enduring power and imagination of his distinctive liberal utilitarian philosophy. The lucid introduction and explanatory notes clarify Mill's philosophy in relation to his economic theory, and make full use of the most recent scholarship.
The Political Theory of Possessive Individualism: Hobbes to Locke
Crawford Brough Macpherson - 1964
Macpherson was first published by the Clarendon Press in 1962, and remains of key importance to the study of liberal-democratic theory half-a-century later. In it, Macpherson argues that the chief difficulty of the notion of individualism that underpins classical liberalism lies in what he calls its "possessive quality"--"its conception of the individual as essentially the proprietor of his own person or capacities, owing nothing to society for them." Under such a conception, the essence of humanity becomes freedom from dependence on the wills of others; society is little more than a system of economic relations; and political society becomes a means of safeguarding private property and the system of economic relations rooted in property.As the New Statesman declared: "It is rare for a book to change the intellectual landscape. It is even more unusual for this to happen when the subject is one that has been thoroughly investigated by generations of historians. . . Until the appearance of Professor Macpherson's book, it seemed unlikely that anything radically new could be said about so well-worn a topic. The unexpected has happened, and the shock waves are still being absorbed."A new introduction by Frank Cunningham puts the work in a twenty-first-century context.
The Lost Decade (2008-18): How India's Growth Story Devolved into Growth Without a Story
Puja Mehra - 2019
The economic boom impacted a large section of Indians, even if unequally. With sustained high growth over an extended period, India could have achieved what economists call a 'take-off' (rapid and self-sustained GDP growth). The global financial meltdown disrupted this momentum in 2008. In the decade that followed, each time the country's economy came close to returning to that growth trajectory, political events knocked it off course.In 2019, India's GDP is growing at the rate of 7 per cent, making it the fastest-growing major economy in the world, but little on the ground suggests that Indians are actually better off. Economic discontent and insecurity are on the rise, farmers are restive and land-owning classes are demanding quotas in government jobs. The middle class is palpably disaffected, the informal economy is struggling and big businesses are no longer expanding aggressively.India is not the star it was in 2008 and in effect, the 'India growth story' has devolved into 'growth without a story'. The Lost Decade tells the story of the slide and examines the political context in which the Indian economy failed to recover lost momentum.
The New Imperialism
David Harvey - 2003
Is it a sign of strength or of weakness that the US has suddenly shifted from a politics of consensus to one of coercion on the world stage? What was really at stake in the war on Iraq? Was it all about oil and, if not, what else wasinvolved? What role has a sagging economy played in pushing the US into foreign adventurism? What exactly is the relationship between US militarism abroad and domestic politics? These are the questions taken up in this compelling and original book. In this closely argued and clearly written book, David Harvey, one of the leading social theorists of his generation, builds a conceptual framework to expose the underlying forces at work behind these momentous shifts in US policies and politics. The compulsions behind the projection of US power on the world as a new imperialism are here, forthe first time, laid bare for all to see.
Stock Investing For Beginners: How To Buy Your First Stock And Grow Your Money
John Roberts - 2017
What was his secret, everyone wondered? And the answer turned out to be pretty basic. Because, besides being industrious and frugal, which you may have guessed, he had invested in the stock market throughout the years. This is actually not as surprising as it may sound. According to a recent World Wealth Report, the wealthy invest the largest part of their money into stocks and businesses. Our wise janitor had simply done what the wealthy do. So he got a similar result. That is, he grew his money into considerable wealth. And you can do this too. Now, we aren't saying you will make $8 million. After all, this is a beginners book and the janitor had an extraordinary result. But stock market investing is one of the best tools you can use to build a more secure financial future for you and your family. So are you someone who wants to make money in the stock market? And does that story make you feel excited? Have you tried to understand the stock market, only to be discouraged by how complicated it all seems? And aren't you just a little bit encouraged that an ordinary person, like our janitor from Vermont, could invest in stocks and succeed? If you answered yes to any of those questions, then this book just might be the solution you've been looking for. Because it will show you just what you need to know, and no more, to start investing in the stock market. And it will describe all of this for you in simple terms you already understand. Not complicated theory. Not a mind-numbing blitz of technical buzzwords. Just what you need to know and no more. And the few specific steps you can take to get started. Here's what you will learn: -The 5 big reasons to invest in stocks -Simple explanations of the basics of stock market investing -Great sources of recommendations to help you pick winners (no complicated research required) -The one thing you must do to get started (but you only have to do it once) -How to buy and sell stocks -3 key strategies to protect your stock investments from big losses -And many more invaluable tips on building your stock portfolio So that by the end of this book, you will be able to buy your first stock. You will know the simple steps to grow your money in the stock market. And start on the your path to a more secure financial future.
Systems of Survival: A Dialogue on the Moral Foundations of Commerce and Politics
Jane Jacobs - 1992
The author of The Death and Life of Great American Cities looks at business fraud and criminal enterprise, overextended government farm subsidies and zealous transit police, to show what happens when the moral systems of commerce collide with those of politics.
Rerum Novarum: On The Condition Of Working Classes
Pope Leo XIII - 1891
It was an open letter, passed to all Catholic bishops, that addressed the condition of the working classes.It discussed the relationships and mutual duties between labor and capital, as well as government and its citizens. Of primary concern was the need for some amelioration of "The misery and wretchedness pressing so unjustly on the majority of the working class." It supported the rights of labor to form unions, rejected socialism and unrestricted capitalism, whilst affirming the right to private property."Rerum Novarum" is considered a foundational text of modern Catholic social teaching. Many of the positions in Rerum novarum were supplemented by later encyclicals, in particular Pius XI's Quadragesimo anno (1931), John XXIII's Mater et magistra (1961), and John Paul II's Centesimus annus (1991).
A Beginner's Guide to the World Economy: Eighty-one Basic Economic Concepts That Will Change the Way You See the World
Randy Charles Epping - 1995
The third edition updates the information in previous editions and explains many new concepts.What is the new economy? What is globalization? Is the euro the final seal on European Union? How is e-commerce transforming our world beyond economics? What is virtual money, and does it have real value? How do social concerns and societal ills (drugs, poverty, AIDS, endangered natural resources) play a part in the rapidly changing world economy. What are multinationals, and do they signal the end of nationalism? These and many other pertinent issues are concisely addressed in the most accessible primer for those who want to be economically literate (and who doesn't?).
Economic Philosophy
Joan Robinson - 1962
It limps along with one foot in untested hypotheses and the other in untestable slogans. Here our task is to sort out as best we may this mixture of ideology and science.- With these provocative words, Joan Robinson introduces this lively and iconoclastic book. -In what follows, - she says, -this theme is illustrated by reference to one or two of the leading ideas of the economists from Adam Smith onwards, not in a learned manner, tracing the development of thought, nor historically, to show how ideas arose out of the problems of each age, but rather an attempt to puzzle out the mysterious way that metaphysical propositions, without any logical content, can yet be a powerful influence on thought and action.- Robinson is responsible for some of the most austerely professional contributions to economic theory, but here in effect she takes the reader behind the scenes and cheerfully exposes the dogmatic content of economic orthodoxy. In its place, she offers the possibility that with obsolete metaphysics cleared out of the way economics can make a substantial advance toward science. .
I.O.U.S.a: One Nation. Under Stress. in Debt
Addison Wiggin - 2008
talks with some of the most revered voices in the nation, including Warren Buffett; former Treasury Secretaries Paul O'Neill and Robert Rubin; and Pete Peterson, CEO of The Blackstone Group. Defiantly non-partisan, the empowering solutions outlined in these pages are a must-read for any American concerned about the current state of affairs.
Economic Problems of Socialism in the U.S.S.R.
Joseph Stalin - 1952
Character of Economic Laws Under Socialism2. Commodity Production Under Socialism3. The Law of Value Under Socialism4. Abolition of the Antithesis Between Town and Country, and Between Mental and Physical Labour, and the Elimination of the Distinction Between Them5. Disintegration of the Single World Market and Deepening of the Crisis of the World Capitalist System6. Inevitability of Wars Between Capitalist Countries7. The Basic Economic Laws of Modern Capitalism and of Socialism8. Other Questions9. International Importance of a Marxist Textbook on Political Economy10. Ways of Improving the Draft Textbook on Political EconomyReply To Comrade Alexander Ilyich NotkinConcerning The Errors Of Comrade L. D. YaroshenkoI. Comrade Yaroshenko's Chief ErrorII. Other Errors of Comrade YaroshenkoReply To Comrades A. V. Sanina And V. G. Venzher1. Character of the Economic Laws of Socialism2. Measures for Elevating Collective-Farm Property to the Level of Public Property ***
a selection from the introductory:
REMARKS ON ECONOMIC QUESTIONS CONNECTED WITH THE NOVEMBER 1951 DISCUSSION
I have received all the materials on the economic discussion arranged to assess the draft textbook on political economy. The material received includes the -Proposals for the Improvement of the Draft Textbook on Political Economy,- -Proposals for the Elimination of Mistakes and Inaccuracies- in the draft, and the -Memorandum on Disputed Issues.- On all these materials, as well as on the draft textbook, I consider it necessary to make the following remarks.
1. CHARACTER OF ECONOMIC LAWS UNDER SOCIALISM
Some comrades deny the objective character of laws of science, and of laws of political economy particularly, under socialism. They deny that the laws of political economy reflect law-governed processes which operate independently of the will of man. They believe that in view of the specific role assigned to the Soviet state by history, the Soviet state and its leaders can abolish existing laws of political economy and can "form," "create," new laws. These comrades are profoundly mistaken. It is evident that they confuse laws of science, which reflect objective processes in nature or society, processes which take place independently of the will of man, with the laws which are issued by governments, which are made by the will of man, and which have only juridical validity. But they must not be confused. Marxism regards laws of science--whether they be laws of natural science or laws of political economy--as the reflection of objective processes which take place independently of the will of man. Man may discover these laws, get to know them, study them, reckon with them in his activities and utilize them in the interests of society, but he cannot change or abolish them. Still less can he form or create new laws of science. Does this mean, for instance, that the results of the action of the laws of nature, the results of the action of the forces of nature, are generally inavertible, that the destructive action of the forces of nature always and everywhere proceeds with an elemental and inexorable power that does not yield to the influence of man? No, it does not. Leaving aside astronomical, geological and other similar processes, which man really is powerless to influence, even if he has come to know the laws of their development, in many other cases man is very far from powerless, in the sense of being able to influence the processes of nature. In all such cases, having come to know the laws of nature, reckoning with them and relying on them, and intelligently applying and utilizing them, man can restrict their sphere of action...
Easy Money: Evolution of Money from Robinson Crusoe to the First World War
Vivek Kaul - 2013
Books on the current financial crisis which started in late 2008 are a tad like that. Until now they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong. That bigger picture of the ongoing financial crisis has now started to evolve. Easy Money captures this big picture. The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have now started to unravel, bringing the whole world on the brink of a financial disaster. The book also explains how the lessons of the financial crisis have still not been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.
Whose Reality Counts?: Putting the First Last
Robert Chambers - 1997
Development professionals now need new approaches and methods for interacting, learning and knowing. Through analysing experience - of past mistakes and myths, and of the continuing methodological revolution of PRA (participatory rural appraisal) - the author points towards solutions. In many countries, urban and rural people alike have shown an astonishing ability to express and analyse their local, complex and diverse realities which are often at odds with the top-down realities imposed by professionals. The author argues that personal, professional and institutional change is essential if the realities of the poor are to receive greater recognition. Self-critical awareness and changes in concepts, values, methods and behaviour must be developed to explore the new high ground of participation and empowerment. Whose Reality Counts? presents a radical challenge to all concerned with development, whether practitioners, researchers or policy-makers, in all organizations and disciplines, and at all levels from fieldworkers to the heads of agencies. With its thrust of putting the first last it presents a new, exciting and above all practical agenda for future development which cannot be ignored. BAI Catalogue: The methods and approaches of Participatory Rural Appraisal (PRA) comprise the core of this book. But PRA has evolved and spread in many directions and into many areas. The author argues that PRA has come to affect much development practice, professionalism, research, education, training, management and many institutions. The PRA experience has led into wider questions about development and about the human condition. It has pointed towards a gap in the writing about development - the lack of analysis of how error, professionalism, power and personal interaction interlink - a gap which the author tries to fill with this book. The argument runs that reflective and self-critical PRA practitioners are evolving a philosophy and behaviour which seem to promise better performance. This new approach combined with other trends are part of a deep shift in ways of thinking, seeing, acting and being in the world. So the book is about more than PRA and more than just development. The author contends that, as a term, participatory rural appraisal no longer describes what is happening. Participatory fits but rural is wrong because of innumerable applications in urban areas, organisations, adult literacy, policy and so on; and appraisal implies only finding out and assessment, when many want PRA to describe a much longer process. PRA has become fashionable but the author contends that bad practice is widespread and asks whether PRA can be self-improving as it spreads. This is a thought-provoking book and it would interest all those concerned with the realities of the poor in the developing world.