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See below for a selection of the latest books from Economic history category. Presented with a red border are the Economic history books that have been lovingly read and reviewed by the experts at Lovereading. With expert reading recommendations made by people with a passion for books and some unique features Lovereading will help you find great Economic history books and those from many more genres to read that will keep you inspired and entertained. And it's all free!
This book illustrates the complexity and variety of victualling systems in early modern Italy. For a long time, the historiography of urban provisioning systems in late medieval and early modern times featured a conceptual opposition between victualling administration and the market. In this book, on the contrary, the term 'victualling system' (sistema annonario) is employed according to its historical meaning, designating an organised set of public and private channels, evolved typically in urban contexts, for the procurement and distribution of the goods essential for the daily life of common people. According to this definition, specifically, a victualling system included also the market, as one of the different channels for the procurement and distribution of goods. What characterises the Italian case in the European context are both the earliness of these institutions and the long-lasting political and economic fragmentation of the peninsula: these factors determined the great variety and complexity of the solutions adopted. In order to show these features, the analysis focuses on four central issues: the configuration of systems, institutional pragmatism and variety, articulation of circuits, and plurality of actors. The seven relevant case-studies included in this book, all based on direct archival research, cover a wide range of geographical contexts and institutional arrangements, from the North to the South of the peninsula, and include both large-sized cities (Milan and Rome), medium-sized cities (Bergamo, Vicenza, and Ferrara), and entire regions (the March of Ancona, and Sicily). This allows the reader to appreciate regional and local differences in detail, making this book of interest for academics and scholars in economic, social, and urban history.
This book provides an in-depth analysis of the British private traders who engaged in the intra-Asian trade, known to contemporaries as the country trade , between 1770 and 1820, providing much detail on who the traders were, how they conducted their operations, and how they interacted with indigenous societies in a complex and very volatile region. It examines their relations with East India Company, and their moves beyond the Company's orbit to open up independently new spheres of British commercial, political, and imperial influence. It discusses their social and political interaction with Malays, their good understanding of local societies, their use of the Malay language, their adoption of local practices and procedures, and their gathering of many forms of useful knowledge, all of which underpinned the growth in commercial activity and made the traders indispensable to East India Company officials. It explores their often fractious rivalry with the Dutch, and analyses the decline of the country trade following the establishment of Singapore in 1819. Throughout, the book provides many case studies of individual traders. W. G. Miller was Southeast Asian Studies Librarian at the Australian National University from 1974 to 1997 and a Visiting Fellow at the College of Asia and the Pacific at the Australian National University from 2004 to 2018.
As the financial crisis reached its climax in September 2008, the most important figure on the planet was Federal Reserve chairman Ben Bernanke. The whole financial system was collapsing, without anything to stop it. When a senator asked Bernanke what would happen if the central bank did not carry out its rescue package, he replied, lf we don't do this, we may not have an economy on Monday. What saved finance, and the Western economy, was money. Yet it is a highly ambivalent phenomenon. It is deeply embedded in our societies, acting as a powerful link between the individual and the collective. But by no means is it neutral. Through its grip on finance and the debts system, money confers sovereign power on the economy. If confidence in money is not maintained, crises will follow.
Economics: 50 in 500 explores the most crucial economic concepts by way of 50 remarkable individuals whose ideas have reshaped human history, including thinkers such as Locke, Marshall, Marx, Keynes and Krugman. From pre-classical economics to modern development economics, the book is presented chronologically so that readers gain a distinct sense of the historical development of economics. With five features on everything from Growth Theory to Consumer Behaviour, Economics: 50 in 500 provides a beautifully concise overview of complex issues and the great personalities that have shaped the path of world economic history.
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
To provide an understanding of financial globalization from a historical point of view, this book sheds light on international banking in Asia before World War II. International banking facilitated the relationship between Asian economic development and international financial centres. Focusing on the origins of a wide variety of banks not just from Europe but beyond Europe, such as the United States and Asia, particularly Japan and China, this book comprehensively explores competition and collaboration among international banks in Asia. It clarifies international banking's role of integrating the global market and the impact on both ends of the global economy-the international financial centres in the developed world and the developing economies in Asia. Economic development in Asia from the late nineteenth century to the 1930s as a part of the globalizing economy mirrors Asia's current role as the global economic-growth powerhouse. This book focuses on the two key similarities between Asia's past and present: intra-Asian relationships and the relationship between Asia and developed economies, namely, Europe, the United States, and Japan. Getting into the heart of the relationships, i.e., finance, this book presents a sophisticated and realistic image of the tangled network of international economic relations, distinguished from the conventional image of a one-sided advantage or disadvantage among involved nations.
Cotton textile industries vanished from much of East Africa during the nineteenth and early twentieth centuries. This book investigates the underlying causes of industrial arrest in the region through a series of in-depth case studies. Findings are considered in light of existing studies on comparatively more resilient textile centers elsewhere on the continent to derive insights into the determinants of differing industrial trajectories across sub-Saharan Africa. The author argues that scholars have placed undue weight on global forces as the primary drivers of industrial decline in the Global South. Rather, this book reveals how local factors - principally demographic, geographic, and institutional features - interacted with external forces to influence unique regional outcomes during the nineteenth and twentieth centuries as sub-Saharan African was increasingly integrated into global trade networks and European colonial empires.
A wonderful blend of politics and economics, micro and macro, past and present in an accessible narrative (Washington Post), this authoritative history of the twentieth-century global economy is now updated with a new chapter covering the great financial crisis, the halting recovery, and the retreat from global integration to economic nationalism. Jeffry A. Frieden's discussion of the financial crisis of 2008 explores its causes, the many warning signals for policymakers, and its repercussions: a protracted recovery with accumulating levels of inequality, and political turmoil in the European Union and the United States. Frieden also highlights China's dramatic rise as the world's largest manufacturer and trading nation, perhaps the most far- reaching development of the new millennium. Drawing parallels between the current period and the decades before World War I, when the first era of global economic integration gave way to nationalist rivalry, Frieden's history clearly shows that globalization is neither inevitable nor irreversible, but a political choice.
This book analyses the main historical turning points in the Spanish economy and the related challenges it faced. It focuses on six turning points that changed the direction of the Spanish economy, and identifies the economic, social or political origin of these watersheds. It also compares the Spanish trajectory with the international one, exploring the macroeconomic context in which these turning points happened, as well as the external and internal constraints on domestic political choices for a small country like Spain. The book focuses on how Spain faced up to each turning point, the reforms that were implemented, the differences between the Spanish response and that of other countries, the results of the policies enacted and what problems were not tackled. This is an interesting and unique perspective as most of the turning points in economic history are generally studies from the viewpoint of core countries such as the UK, US or Germany. The ultimate objective is to learn useful lessons from Spanish economic history in order to better face future turning points.
Adam Smith's contribution to economics is well recognised, but scholars have recently been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith's works, his place in history, and the significance of his writings to the modern world. It is aimed at facilitating debate between scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape. This twelfth volume brings together leading scholars from across several disciplines and makes a contribution to two particular themes. Firstly, there is a focus on Adam Smith's moral and political philosophy, exploring how Smith's approach finds expression in both abstract philosophy and practical judgment. Secondly, there is a focus on epistemology, economics and law, with innovative interpretations of Smithian theories.
The first English translation of Li Bozhong's pioneering study, An Early Modern Economy in China uses sophisticated analysis to reconstruct the GDP of the Yangzi Delta. In this innovative economic history, Li provides a basis for understanding for the Delta's economy, an area of unprecedented growth in modern times. Using careful quantitative research, Li carefully reconstructs the economies of the region, combining three methods of estimating GDP: output, income and expenditure. The result reveals the structure and level of income and production in this highly commercialized and urbanized part of China, establishing a benchmark for future reconstructions of regional economies through GDP. This is a landmark text in the field of economic history which has had a great impact on understanding the Chinese economic history in global perspective.