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Author: Robert William Fogel Publisher: University of Chicago Press ISBN: 0226256618 Category : Business & Economics Languages : en Pages : 163
Book Description
We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn’t the case—economists simply didn’t have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize–winning economist Robert Fogel and his collaborators tell the story of economist Simon Kuznets, the founding of the National Bureau of Economic Research, and the creation of the concept of GNP, which for the first time enabled us to measure the performance of entire economies. The book weaves together the many strands of political and economic thought and historical pressures that together created the demand for more detailed economic thinking—Progressive-era hopes for activist government, the production demands of World War I, Herbert Hoover’s interest in business cycles as President Harding’s commerce secretary, and the catastrophic economic failures of the Great Depression—and shows how, through trial and error, measurement and analysis, economists such as Kuznets rose to the occasion and in the process built a discipline whose knowledge could be put to practical use in everyday decision-making. The product of a lifetime of studying the workings of economies and skillfully employing the tools of economics, Political Arithmetic is simultaneously a history of a key period of economic thought and a testament to the power of applied ideas.
Author: Sir William Petty Publisher: ISBN: Category : Cities and towns Languages : en Pages : 456
Book Description
Summary: Series of essays first published in 1687, focusing on the economics, population, growth and development of London, compared to other cities, including Dublin, Paris, and Rome, in terms of various vital statistics.
Author: Ted McCormick Publisher: OUP Oxford ISBN: 0191571717 Category : History Languages : en Pages : 364
Book Description
William Petty (1623-1687) was a key figure in the English colonization of Ireland, the institutionalization of experimental natural philosophy, and the creation of social science. Examining Petty's intellectual development and his invention of 'political arithmetic' against the backdrop of the European scientific revolution and the political upheavals of Interregnum and Restoration England and Ireland, this book provides the first comprehensive intellectual biography of Petty based on a thorough examination not only of printed sources but also of Petty's extensive archive and pattern of manuscript circulation. It is also the first fully contextualized study of what political arithmetic - widely seen as an ancestor of modern social and economic analysis - was originally intended to do. Ted McCormick traces Petty's education among French Jesuits and Dutch Cartesians, his early work with the 'Hartlib Circle' of Baconian natural philosophers, inventors, and reformers in England, his involvement in the Cromwellian conquest and settlement of Ireland, and his engagement with both science and the politics of religion in the Restoration. He argues that Petty's crowning achivement, political arithmetic, was less a new way of analysing economy or society than a new 'instrument of government' that applied elements of the new science - a mechanical worldview, a corpuscularian theory of matter, and a Baconian stress on empirical method and the transformative purposes of natural philosophy - to the creation of industrious and loyal populations. Finally, he examines the transformation Petty's program of social engineering, after his death, into an apparently apolitical form of statistical reasoning.
Author: Sir William Petty Publisher: BoD – Books on Demand ISBN: 3387326564 Category : Fiction Languages : en Pages : 162
Book Description
Reproduction of the original. The publishing house Megali specialises in reproducing historical works in large print to make reading easier for people with impaired vision.
Author: William Petty Publisher: Legare Street Press ISBN: 9781020692529 Category : Languages : en Pages : 0
Book Description
Several Essays in Political Arithmetick is a collection of early writings by William Petty, a pioneering economist and philosopher. In these essays, which were written in the mid-17th century, Petty explores a variety of topics related to political economy, including taxation, agriculture, and population growth. With his keen analytic mind and bold hypotheses, Petty laid the foundations for many of the theories that still underpin modern economics. Whether you are a student of economic history or simply interested in the evolution of economic thought, Several Essays in Political Arithmetick is a fascinating read. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.