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This book puts the industrial revolution in a political and institutional context of state-making and the creation of modern national states, demonstrating that industrial transformation was connected to state and military interests.

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Following on from his 1994 volume Mercantilism ¿ The Shaping of an Economic Language, this new book from Lars Magnusson presents a more synthetic interpretation of Mercantilism not only as a theoretical system, but also as a system of political economy. This book incorporates samples of material from the 1994 publication alongside new material, ordered in a new set of chapters and up-date discussions on mercantilism up to the present day.

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Trade is the dominant subject in nineteenth century economics. During the course of the century, Britain was transformed from a protectionist power to an open economy, a change embodied by the repeal of the Corn Laws in 1846. This is reflected in the economic literature of the period, with the qualified free trade advocacy of the early classical economists developing into more strident views of the Manchester School. However throughout the per...

This collection of papers reflects the variety of interpretations and definitions connected with the concept of `mercantilism' which have evolved historically during the last two centuries. They range from interpretations of `mercantilistic' ideas to interpretations of policies. They stress the relationship between economic, social and political ideas and range from the 17th to the late 20th century. Lastly, they provide us with more knowledge...

This collection of papers reflects the variety of interpretations and definitions connected with the concept of `mercantilism' which have evolved historically during the last two centuries. They range from interpretations of `mercantilistic' ideas to interpretations of policies. They stress the relationship between economic, social and political ideas and range from the 17th to the late 20th century. Lastly, they provide us with more knowledge...

In the nineteenth century Adam Smith and others gradually invented a 'tradition' of free trade. This was a towering achievement and has proved to be influential to this day. This book examines this construction of the free trade tradition. Showing how historical contruction is a vital component in the writing of doctrinal history, Lars Magnusson argues that it is important for historians of economic thought to distance themselves from the prac...

Since the days of Adam Smith, Mercantilism has been a hotly debated issue. Condemned at the end of the 18th century as a "false" system of economic thinking and political practice, it has returned paradoxically to the forefront in regard to issues such as the creation of economic growth in developing countries. This concept is often used in order to depict economic thinking and economic policy in early modern Europe, its meaning and content ha...

not gentle to the capitalists" (Schumpeter, 1991). Thus, by instead portraying the conflict between entreprenuerial activity and the sociology of the modern state, he came quite close to the analysis carried out by Thorstein Veblen some decades earlier, who emphasized the conflict between p- gressive technology and the institutions of a contemporary "predatory dynastic State of early modern times, superficially altered by a suffusion of democr...

This book contains proceedings of a conference organised by the SALTSA research programme and National Institute for Working Life, Sweden, with the support of DG V the Directorate of Economic and Social Affairs. Will the enlargement of the European Union have long-term effects on the European labour market, i.e. lead to greater integration and homogenisation? Will Europe be one labour market in the future? The challenges of a common European l...

Based upon comprehensive and original research, An Economic History of Sweden represents an invaluable resource for both economic historians and students of economic theory.

Magnusson presents a detailed account of the development of mercantilism as a trend of economic thought during the 17th and 18th centuries and appraises its content and impact.

This book puts the industrial revolution in a political and institutional context of state-making and the creation of modern national states, demonstrating that industrial transformation was connected to state and military interests.