On the Border of Economic Theory and History

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Despite the interface that exists between economics and history, modern economic theory has largely failed to integrate the two. This unusual collection of essays makes an interesting departure in showing how economic theory, and even its formal mathematical apparatus, can be fruitfully applied to throw light on historical processes and problems in fields as diverse as agrarian economics and industrial capitalism. The first five essays, set in the context of traditional agrarian economics, seek to explain the ‘stylized’ historical fact of stagnation of agriculture in many parts of eastern India. The second set of essays deals with the emergence and evolution of capitalist economies, exploring areas such as the emergence of the factory system, the failure of central planning, the changing character of social democracy, globalization and the role of developing countries and state intervention in the context of transition to a market economy. This book is thus not just ‘quantitative’ economic history, nor is it a mechanical application of neoclassical economics. Rather, it charts out an imaginative new path combining economic theory and history which students and researchers in economics, history, political science and sociology will find stimulating.

ABOUT THE AUTHOR Amit Bhaduri

Amit Bhaduri is Visiting Professor, Council for Social Development, New Delhi. He has been internationally selected professor (of 'clear fame') in Pavia University, Italy. Professor Bhaduri has taught or been associated with many universities and research institutions in a career spanning over thirty years. these include Presidency College and Indian Institute of Management Calcutta, Delhi School of Economics, Jawaharlal Nehru University, and Centre for Development Studies, Kerala, in India. He has also taught in more than a dozen universities in Europe, United States, and Central America and been a Fellow of Institutes of Advanced Studies in Europe. Educated in Calcutta, Cambridge, and the Massachusetts Institute of Technology he has published nearly seventy technical papers, is on the editorial board of international journals, and authored five books. His books include Unconventional Economic Essays (OUP, 1993), and On the Border of Economic Theory and History.

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Bibliographic information

Title
On the Border of Economic Theory and History
Author
Edition
1st ed.
Publisher
ISBN
019564901X
Length
vi+197p., 23cm.
Subjects