After Adam Smith: A Century of Transformation in Politics and Political Economy

After Adam Smith: A Century of Transformation in Politics and Political Economy

by Murray Milgate
     
 

"[M]asterful. . . . [After Adam Smith] is far more than a historical reconstruction: Milgate and Stimson provide new insights about how the complex relations between liberal democratic politics and market institutions might be construed. The book's deeply informed reflection on nineteenth century debates about modern capitalism is a major contribution to

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Overview

"[M]asterful. . . . [After Adam Smith] is far more than a historical reconstruction: Milgate and Stimson provide new insights about how the complex relations between liberal democratic politics and market institutions might be construed. The book's deeply informed reflection on nineteenth century debates about modern capitalism is a major contribution to our understanding of political economy in the liberal democratic tradition."—from 2011 David and Elaine Spitz Prize Award citation

"[T]horough and stimulating . . . readers unfamiliar with these debates can glean a great deal from [Milgate and Stimson]."—Gavin Kennedy, Adam Smith's Lost Legacy

"This work represents the best of contemporary scholarship on the history of political, economic, and social thought. A signal contribution of this book is the demonstration of how far Smith's original vision was from the image that has been conveyed in so much of the secondary literature and which has come to inform contemporary views of markets and politics. Milgate and Stimson have provided an indispensable resource for thinking through the issues manifest in the recent revival of concerns with political economy and its significance for democratic theory."—John G. Gunnell, University at Albany, State University of New York

"After Adam Smith is a superior piece of scholarship, engagingly written and impressively erudite. Milgate and Stimson are first-rate historians of economic ideas."—Ian Shapiro, Yale University

"This is a fascinating and elegant study of the development of political economy and its relationship to political thought. It is a major contribution to economic and political theory, and to the often neglected but hugely important intersections between the two. It tells a compelling and original story, based on extensive scholarship as well as acute competence in economics."—Hannah Dawson, University of Edinburgh

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Product Details

ISBN-13:
9780691152349
Publisher:
Princeton University Press
Publication date:
10/16/2011
Pages:
320
Sales rank:
1,450,255
Product dimensions:
6.10(w) x 9.20(h) x 0.80(d)

Meet the Author

Murray Milgate is fellow at Queens' College, University of Cambridge. Shannon C. Stimson is professor of political science and the history of political thought at the University of California, Berkeley.

Table of Contents


Preface vii

CHAPTER ONE: Introduction 1

CHAPTER TWO: Adam Smith's Political Odyssey 10

CHAPTER THREE: The Rise and Fall of Civil Society 33

CHAPTER FOUR: Economic Life and Political Life 60

CHAPTER FIVE: The Economic Machine and the Invisible Hand 77

CHAPTER SIX: The Figure of Smith 97

CHAPTER SEVEN: Population and Political Economy 121

CHAPTER EIGHT: Utility, Property, and Political Participation 139

CHAPTER NINE: Economic Opinion on Parliamentary Reform 160

CHAPTER TEN: Utopias and Stationary States 186

CHAPTER ELEVEN: Labour Defended 217

CHAPTER TWELVE: Individual Liberty and the Liberty of Trade 237

CHAPTER THIRTEEN: Two Critiques of Classical Political Economy 258

References 269

Index 299

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