Money and political economy in the Enlightenment
Author(s)
Bibliographic Information
Money and political economy in the Enlightenment
(Oxford University studies in the Enlightenment, 2014:05)
Voltaire Foundation, c2014
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Note
Bibliography: p. 231-250
Includes index
Description and Table of Contents
Description
The development of political economy as a philosophical preoccupation constitutes a defining feature of the Enlightenment, but no consensual agreement on this issue was formed in the period. In this book contributors reassess the conflicting views on money, trade, banking, and the role of the State in the work of leading figures such as Locke, Davenant, Toland, Berkeley and Smith, and Smith's critics in revolutionary France.
Key events, from the Recoinage crisis in the 1690s to the South Sea Bubble in the 1720s and the consequences of the French Revolution, sharpened the need for a more dynamic conception of economic forces in the midst of the Financial Revolution. Political economy emerged as a disruptive force, challenging philosophers to debate and define unstable phenomena in a new climate of expanding credit, innovation in money form, political change and international competition. In Money and political economy in the Enlightenment contributors investigate received critical assumptions about what was progressive and what was backward-looking, and reconsider traditional attempts to periodise the Enlightenment. Major questions explored include:
the impact of economic and political crises on philosophy;
transitions from mercantilist to 'classical' analyses of the market;
the challenge of reviving ancient republicanism on the foundations of a modern commercial system, with its inherent social inequalities.
Table of Contents
List of illustrations
Daniel Carey, Introduction: money and political economy in the era of Enlightenment
Johann P. Sommerville, Sir Robert Filmer, usury and the ideology of order
Daniel Carey, John Locke's philosophy of money
Charles Larkin, The Great Recoinage of 1696: Charles Davenant and monetary theory
Justin Champion, 'Mysterious politicks': land, credit and Commonwealth political economy, 1656-1722
Patrick Kelly, Berkeley and the idea of a national bank
Ryan Patrick Hanley and Maria Pia Paganelli, Adam Smith on money, mercantilism and the system of natural liberty
Thomas Hopkins, Pierre-Louis Roederer, Adam Smith and the problem of inequality
Summaries
Contributors
Bibliography
Index
by "Nielsen BookData"