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"Aristotle's Economics is a thoughtful and comprehensive account of Aristotle's intellectual system. Drawing upon all of his surviving writings, this book deftly illustrates how Aristotle considered economics to be just one of many areas which make up the social and political whole. David Reisman offers an in-depth and accessible analysis of Aristotle's theories, adeptly comparing them to the work of his contemporaries. Adopting an interdisciplinary approach, this book demonstrates how Aristotle embedded his economics in a wider synthesis that extends from scientific method to ethics, law and the spectrum of constitutions. Aristotle's economics cannot be separated from his ideas on the good society, the pragmatic state and the sensible guidance of far-sighted intellectuals. Aristotle's Economics shows that Aristotle put morals before things. His lasting message was that material goods should only be seen as the means to a fruitful and varied life rather than as life's end and goal. This thought-provoking study will be of interest to students, academics and researchers in economic thought and political economy. Aristotle linked his economics to political and social theory. This book will appeal to readers who believe that the answers to many of our present-day problems lie in the history of ideas and the work of Plato's most distinguished disciple"--

This book examines the economic, social and political thought of two highly influential cross-disciplinary contributors to the debate in the United Kingdom about welfare economics, social welfare, nationalisation and public policy. Active between the 1880s and the 1930s, their many books, papers, lectures and speeches shaped the discourse on heterodox economics, social democracy and the managed economy. The Webbs sat on Royal Commissions, permeated local and central government, and were instrumental in the creation of the London School of Economics. This book discusses and assesses their contribution to the broad topics of inequality, poverty, unemployment, freedom, capitalism, socialism, constitutional reform, social evolution and the historical school. Issues such as these remain at the forefront of contemporary discussions not just in Britain but throughout the world. David Reisman is Professor Emeritus of Economics at the University of Surrey, UK, and Senior Associate at the Centre for Liberal Arts and Social Sciences at the Nanyang Technological University, Singapore.

Thomas Robert Malthus (1766-1834) was a leading figure in the British classical school of economics, best-known for extending the insights of Adam Smith at a time of revolutionary improvements in agriculture and industry. This book explores the way in which he accounted for the tendency to overpopulation, the exhaustion of arable land and the deficiency of effective demand. Malthus relied on historical and empirical evidence in the spirit of Bacon and Hume, but also backed up his data with a priori hypotheses that link him to his contemporary, David Ricardo. Malthus was strongly in favour of free trade, the minimal State, the gold standard and the abolition of poverty relief. Always a pragmatist, however, he was just as much in favour of public education, contra-cyclical public works and a safety net of tariffs and bounties to encourage national self-sufficiency with regard to food. He was both an economist and a clergyman and saw the two roles as interconnected. Malthus believed that a benevolent Deity had created vice and misery in order to shake human beings out of their natural indolence that would otherwise have condemned them to still greater distress. This title provides a clear and comprehensive examination of Malthus's economic and social thought. It will be of interest to students and scholars alike.

This book reviews James Meade's prolific contribution to economics and its lasting impact. Few economists have written so much and on so many different topics. Meade was awarded the Nobel Prize in Economics in 1977 (jointly with Bertil Ohlin) for his contribution to international economics, but could just as easily have been awarded this for his contribution to the economics and politics of the managed economy. His commitment to the middle ground, neither free market nor command, runs through the whole of his published work, from Planning and the Price Mechanism in the shadow of post-war rationing to The Intelligent Radical's Guide to Economic Policy and Full Employment Regained? when inflation combined with stagnation reopened the debate between the monetarists and the Keynesians. Meade was active in politics, most prominently in the debates in the 1960s about the European Economic Community and in the 1980s on the formation of Britain's Social Democratic Party. As a person, he can best be described as a cultured Englishman, quiet and open, much in the mould of Coase, Mirrlees or Hicks. This book draws upon the whole of Meade's published work. It incorporates insights from unpublished papers and surviving correspondence kept at the London School of Economics and Political Science as well as interviews with family members and associates. The book will be of interest to economists but also to the students of politics and philosophy that Meade himself would have wanted to reach.

In the age of globalisation, goods, services, labour and capital are crossing international borders on a scale never before known. They are creating a nationless market. Governed by both the invisible hand of business and interest and the visible hand of authority and direction, a world market can be a free-for-all, but it can also be constrained by the national interest of countries that differ greatly in their social institutions and material circumstances. This book provides a lucid and comprehensive account of contemporary international political economy. Beginning with the ideological underpinnings, it examines the globalisation of trade in goods and services and labour and capital. It relates the free economic market to social consensus and political regulation, both within sovereign countries and at the supra-national level. The book is comprehensive and interdisciplinary, incorporating philosophical, political, social and economic insights on an international scale and applying them directly to the ongoing phenomenon of globalisation. Topical and non-nation specific, it covers the WTO, EU, the transfer of technology, the multinational corporation, the exchange rate, free versus regulated trade, the status of agreements and blocs, as well as contemporary issues such as populism, xenophobia and rapid economic growth in both rich and poor nations

James Buchanan (1919-2013), economist and philosopher, was awarded the Nobel Prize in Economics in 1986 for his original theory of political democracy as market exchange. Buchanan believed economics should be concerned with liberty, individualism and equity.

'Trade in Health is a timely reflection on the interface of economics with the ethics and public policy facets of the international movement of patients. Health issues such as these are at the forefront of modern political economy."National" health is increasingly less so. Reisman's previous scholarship in this area is brought to bear in an insightful and eminently readable and engaging fashion. In an area where uncovering the facts is more difficult than "decyphering the Dead Sea Scrolls", such a reflective work on the critical aspects of political economy helps to fill a void in considering whether such trade is likely to be in the interests of patients, nations and the global community. In addition to the rosy picture of healthy and wealthy tourists having a sojourn for medical care during a vacation, Reisman is not afraid to tackle the thorny issues concerning trade in organs, eggs and even death, in this sobering and comprehensive volume. It is a rare skill to bring the luminaries of Smith, Marshall, Mill and Confucius to bear on such a contemporary tale! International travel by patients is at the nexus of a revolution in global health. It is driving and affecting aspects of foreign investment, health worker migration and e-health provision. Reisman skilfully links these foundations of health care, and as such provides critical text for consideration by those seeking to build and strengthen future health systems. Trade in Health is an excellent overview. It provides critical insights for those new to the area as well as new information and challenges for those of us involved for a number of years.' - (Richard Smith, Professor of Health Ssytem Economics and Dean of Faculty of Public Health and Policy, London School of Hygiene & Tropical Medicine, UK).

Alfred Marshall was anxious to do good. Intended by an Evangelical father for the vocation of clergyman, the author of the mould-shaping Principles of Economics remained to the end of his days a great preacher deeply committed to raising the tone of life. First published in 1990, Alfred Marshall's Mission explains how this most moral of political economists sought to blend the downward sloping utility function of Jevons and Menger with the organic evolutionism of Darwin and Spencer, how this celebrated theorist of social alongside economic growth sought to combine the mathematical marginalism