1st Edition

Early British Economics from the XIIIth to the middle of the XVIIIth century

By Max Beer Copyright 2003
    252 Pages
    by Routledge

    252 Pages
    by Routledge

    Early British Economics covers the growth of economic thought in Britain, giving an outline of the economic and ethical problems raised by social developments and changes. The doctrines formulated by city merchants, economic writers and philosophers during the six centuries in question are also examined.

    Part 1. The Schoolmen and their problems 1. The Beginning of Scholasticism in the British Isles 2. Commerce and Ethics 3. Growth of Trade and Commerce 4. Conflict between Ethics and Economics Part 2. Alexander of Hales (Alensis) 1. Community and Private Property 2. Trade and Commerce 3. Aristotle and the Schoolmen 4. Usury Part 3. Richardus de Media Villa 1. Community and Liberty 2. Lawfulness of Trade and Commerce 3. Difference between Gain and Interest Part 4. John Duns Scotus 1. Remarks on his Life and Work 2. Origin of Property and State 3. Trade and Commerce 4. Usury Part 5. The Legacy of the Schoolmen 1. Preparing the Way for Modern Times 2. William of Ockham 3. Influence on Modern Views Part 6. The Age of Mercantilism: General View 1. Definition of Mercantilism 2. Importance of Coin and Bullion 3. The Mechanism of Bullionist Policy 4. The Ethics of the Angevin Trade Legislation 5. The Two Periods of Mercantlism Part 7. Sixteenth Century Economics 1. Price Revolution and Money Difficulties 2. The 'Dearth' and Debasement of the Coinage 3. John Hales on the Nature of Money 4. Influx of West Indian Treasure 5. Delivering Money by Exchange 6. Gerard Malynes and Thomas Milles against Exchangers 7. Excess of Imports 8. The Prime Cause of the Economic Difficulties 9. The Quantity Theory of Money: John Locke Part 8. Balance of Trade 1. Mediaeval and Modern Conception of Trading 2. Rise of the term Balance of Trade 3. Origin of Some Ideas of the Balance of Trade 4. Thomas Mun and Edward Misselden 5. Influence of the Balance of Trade Doctrine Part 9. Importance of Manufacture 1. Arts and Crafts as a Source of Treasure 2. Beginning of the Protective System 3. Sir William Petty on Money, Value and International Trade 4. Petty and his Contemporaries on Labour, Population and Wages 5. Conflict between Crown and Merchants Part 10. Recapitualation 1. Meaning of the Balance of Trade 2. Mercantilism and Foreign Politics Part 11. Transition to Liberal Economics 1. Introductory Remarks 2. Manufacture, Credit, Banking and Free Trade 3. The Ant-Mercantilists: Child, Barbon, Davenant 4. The Free-Trade Maxims of Dudley North 5. The Economics of the Free-Trade Doctrine 6. Jacob Vanderlint, Matthew Dekker, and Joseph Massie 7. David Hume Retrospect: British Economies in 1750

    Biography

    M. Beer