A History of European Economic Thought

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A History of European Economic Thoughtgrafts the history of economic thought onto Global History by showing how significant economic ideas have influenced the process of Europe’s formation from the very beginning to the present day.

This work combines two classical stories that until today have followed parallel paths. On the one hand, there is the political history of Europe, which is often limited to a few fleeting references to the ideas of the great economists of the past. On the other hand, there is the history of economic thought, which examines Europe as a whole, as a distinct supranational community, only with reference to the institutions created after World War II.

The volume sheds light on the constitutive values of Europe, which also stem from a particular economic culture, and provides essential reading for students and scholars of the history of economic thought.

Author(s): Antonio Magliulo
Publisher: Routledge
Year: 2022

Language: English
Pages: 188
City: London

Cover
Half Title
Title Page
Copyright Page
Dedication
Table of Contents
Towards a Global and Comparative History of Economic Thought
Notes
1 Medieval Economic Thought and the Birth of Europe
Introduction
The Long Conception of Europe Until 1250
Scholastic and Byzantine Economic Thought
The Birth of Europe in 1453
In Short
Notes
2 Mercantilism and Physiocracy in the Making of a Europe of Absolute Monarchies (1517–1776)
Introduction
The Disintegration of Christian Europe
Mercantilism and Despotic Absolutism in Westphalian Europe
Physiocracy and Enlightened Absolutism in the European Republic of Letters
In Short
Notes
3 Classical Political Economy and a Europe of Liberal Nation-States (1776–1870)
Introduction
Revolution in Europe and Resurgent Nationalism
Classical Political Economy and Nascent Liberalism
A Europe of Liberal Nation-States
In Short
Notes
4 Neoclassical Economics Vs. Etatism and a Europe of Empires (1871–1918)
Introduction
The Decline of Liberal Europe
Neoclassical Economics and Etatism
The Common and Distinctive Features of Neoclassical Economics
The Two Faces of Etatism
A Europe of Empires at War
In Short
Notes
5 Neoliberalism(s) and Corporatism: A Europe of Sovereign Nations and Its Failure (1919–1943)
Introduction
The Paris Order and the Divergent Critique of Keynes and Mises
Business Cycles and the Great Depression: Hayek Vs. Keynes and Röpke’s Synthesis
Europe Towards the War Between Neoliberalism, Keynesianism and Corporatism
In Short
Notes
6 The Invention of Functionalism and the “Separated Unification” of Europe (1944–1973)
Introduction
The Two Europes in the Yalta and Bretton Woods Order
The Rise of Keynesianism and Marxism and the Invention of Functionalism
The Marshall Plan and the Separated Unification of Europe
In Short
Notes
7 Decline of Etatism, Rebirth of Neoliberalism and United Europe (1974–2007)
Introduction
The Crisis of Keynesianism and the Collapse of Marxism
The Rebirth of Neoliberalism
The Enlargement of the EEC and the Establishment of the EU and EMU
In Short
Notes
8 Crisis of Neoliberalism, the Greatest Recession and Unfinished Europe (2008–)
Introduction
The Great Recession of 2008 and the Last Obstacle to European Unity
The Economic Trilemma Becomes a Political Trilemma
The Crisis of Neoliberalism, the Pandemic Shock and the Recovery Plan
In Short
Notes
Conclusion
Bibliography
Index