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After Adam Smith
Author: Murray Milgate

ISBN: 9780691152349
Format: Paperback
Number Of Pages: 320
Published: 24 September 2011
Country of Publication: US
Dimensions (cm): 22.9 x 15.2 x 2.3
Description:


Few issues are more central to our present predicaments than the relationship between economics and politics. In the century after Adam Smith'sWealth of Nations the British economy was transformed. After Adam Smith looks at how politics and political economy were articulated and altered. It considers how grand ideas about the connections between individual liberty, free markets, and social and economic justice sometimes attributed to Smith are as much the product of gradual modifications and changes wrought by later writers.


Thomas Robert Malthus, David Ricardo, James Mill, John Stuart Mill, and other liberals, radicals, and reformers had a hand in conceptual transformations that culminated in the advent of neoclassical economics. The population problem, the declining importance of agriculture, the consequences of industrialization, the structural characteristics of civil society, the role of the state in economic affairs, and the possible limits to progress were questions that underwent significant readjustments as the thinkers who confronted them in different times and circumstances reworked the fr...

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