Theories of the mixed economy
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Theories of the mixed economy
William Pickering
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Description and Table of Contents
Description
A collection of ten classic texts of 20th-century British political economy. The texts deal with managed capitalism, the welfare state and the middle ground, and should promote readers' understanding of British politics and economic ideology in the years since the Great Depression.
Table of Contents
Volume 1 R H Tawney, Equality (1931). Tawney's most influential book. This is reprinted from the fourth (expanded) edition of 1952. Volume 2 R L Hall, The Economic System in a Socialist State (1937). Hall's contribution to the debate about the status of supply and demand in an economic system. Volume 3 A C Pigou, Socialism and Capitalism (1937). Pigou's argument for freedom of enterprise where markets flourished and pragmatic intervention where markets fell. Volume 4 H Macmillan, The Middle Way (1938). An early insight into the thinking of the Conservative Prime Minister, who implemented middle-ground policies when in power. Volume 5 E F M Durbin, The Politics of Democratic Socialism (1940). With extremist movements in Europe forming the backdrop, Durbin argued that while wicked leaders corrupt prudent policies, it would be a mistake to assume that disaster awaits when moderate interventionists seek to guide. Volume 6 J E Meade, Planning and the Price Mechanism (1948). An outlining of a policy-framework that would advance economic productivity while promoting social justice. Volume 7 J Strachey, Contemporary Capitalism (1956). An advocation of a less confrontational kind of socialism to match the more cooperative nature of large corporations. Volume 8 C A R Crosland, The Future of Socialism (1956). This much-debated book is reprinted in full from the unabridged 1956 version rather than the shortened 1963 edition. Volume 9 A Shonfield, Modern Capitalism (1965). An ambitious, comparative study of plan and market in the new-style coordinated corporatism that Shonfield believed to be taking the place of the old-fashioned competitive struggle. Volume 10 R M Titmuss, Commitment to Welfare (1968). Titmuss reveals himself as a social scientist with a strong personal sense of right and wrong.
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