In the Shadow of Adam Smith Founders of Scottish economics 1700-1900

by Rutherford, Donald

• ISBN13: 9780230252103
• ISBN10: 0230252109
• Format: Paperback
• Copyright: 2012-08-21
• Publisher: Palgrave Macmillan

Summary

Using a large number of Scottish writers the themes of are all discussed. The distinctive Scottish contribution to the clash between natural liberty and socialist ideas is set out.

Author Biography

Donald Rutherford in the School of Economics at The University of Edinburgh, where he has taught the history of economic thought for many years.

Table of Contents

Preface	p. vi
Abbreviations used in the text	p. vii
Introduction	p. 1
Trade	p. 5
International trade	p. 5
Exchange economy	p. 35
Value	p. 49
Money	p. 72
Functions of money	p. 72
Paper credit	p. 85
Banking	p. 95
Public Finance	p. 102
Functions of government	p. 102
Taxation	p. 115
National debt	p. 138
Condition of the People	p. 151
Population	p. 151
Property rights and rent	p. 171
Profits and wages	p. 194
Poverty	p. 215
Condition of the Economy	p. 239
Economic growth	p. 239
Economic development	p. 262
Economic Ideology	p. 276
Natural liberty	p. 277
Socialism	p. 286
Conclusions	p. 304
Appendix: Biographical sketches of the major Scottish writers	p. 308
Bibliography	p. 312
Index	p. 335
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