The Economics of Welfare
Pigou develops the concept of externalities at some length and uses their existence as a justification for government intervention.
Pigou develops the concept of externalities at some length and uses their existence as a justification for government intervention.
Taussig has collected speeches and reports by Alexander Hamilton, Albert Gallatin, R.J. Walker, Henry Clay, and Daniel Webster on the issue of free trade and tariffs. He used these documents in his course at Harvard University on the History of the Tariff.
Alfred Marshall, in his introduction to this book, argued that Bagehot provided a useful service to readers by removing the older and less understood Ricardian aspects from political economy and reworking them. Bagehot in turn in his introduction, thought that English political economy in the 100 years since Adam Smith had been misunderstood abroad by being exlsively identified with the cause of free trade and English business interests. He wished to remedy that situation. Another copy of this book can be found in HTML format at our sister website Econlib.
In 1912, when Mises, at age thirty-one, wrote this landmark book, no monetary theory could be described as both securely founded on economic reality and properly incorporated into an analysis of the entire economic system. The Theory of Money and Credit opened new vistas. It integrated monetary theory into the main body of economic analysis for the first time, providing fresh new insights into the nature of money and its role in the economy. As the well-known “Austrian” economist Rothbard writes in his new foreword: “This book performed the mighty feat of integrating monetary with micro theory, of building monetary theory upon the individualistic foundations of general economic analysis.”
A classic analysis of imperialism by a British economic journalist who explores the way in which mercantile interests in the home country can manipulate the power of the state in order to get benefits in the colony.
Taussig, a professor of economics at Harvard, wrote what has become a classic work on modern trade theory. The book is an elaboration of articles which he wrote for the Quarterly Journal of Economics and other journals in the late 19th and early 20th centuries.
This volume illuminates the origins and development of Penn’s thought by presenting, for the first time, complete and annotated texts of all his important political works. Penn’s early political writings illuminate the Whig understanding of English politics as guided by the ancient constitution (epitomized by Magna Charta and its elaboration of English native rights). The values of liberty, property, and consent (as represented by Parliament) provide the basis for Penn’s advocacy of liberty of conscience in Restoration England. During the 1660s and 1670s, Penn used his social prominence as well as the time afforded him by several imprisonments to compose a number of works advocating religious toleration and defending the ancient constitution as a guarantor of popular liberties.
A series of lectures Dicey gave at Harvard Law School on the rise of collectivism in England during the 19th century and its impact on legislation.
A collection of St Francis’s writings, including various rules, letters, and prayers.
A legalistic defense of the Loyalist opposition to the right of the American colonies to seek independence from Britain. This work was the subject of John Adam’s lengthy rebuttal in “Novanglus”.