European and Chinese Histories of Economic Thought: Theories and Images of Good Governance

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Iwo Amelung (Goethe-Universität Frankfurt am Main, Germany) Bertram Schefold

European and Chinese Histories of Economic Thought

Theories and Images of Good Governance

Iwo Amelung (Goethe-Universität Frankfurt am Main, Germany), Bertram Schefold

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English

Routledge
31 May 2023

Regional studies; History; Political economy; Economic history

Series: Routledge Studies in the History of Economics

"The Western literature on the history of Chinese economic thought is sparse, and comparisons with the history of Western economic thought even more so. This pioneering book brings together Western and Chinese scholars to reflect on the historical evolution of economic thought in Europe and China.

The international panel of contributors cover key topics such as currency, usury, land tenure, the granary system, welfare, and government, and special attention is given to monetary institutions and policies. The problem of ""good government"" emerges as the unifying thread of a complex analysis that includes both theoretical issues and applied economics. Chinese lines of evolution include the problem of the agency of the State, its ideological justification, the financing of public expenditure, the role played by the public administration, and the provision of credit. The early radical condemnation of usury in the Near East and in the West gives way to theoretical justifications of interest-taking in early capitalist Europe; they, in turn, lead to advances in mathematics and business administration and represent one of the origins of modern economic theory. Other uniting themes include the relationship between metallic and paper money in Chinese and European experiences and the cross-fertilization of economic practices and ideas in the course of their pluri-millennial interactions. Differences emerge; the approach to the organization of economic life was, and still is, more State-centred in China. The editors bring together these analytical threads in a final chapter, opening wider horizons for this new line of comparative economic research which is important for the understanding of modern ideological turns.

This volume provides valuable reading for scholars in the history of economic thought, economic history and Chinese studies."

Edited by: Iwo Amelung (Goethe-Universität Frankfurt am Main Germany), Bertram Schefold
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 500g
ISBN: 9781032103990
ISBN 10: 103210399X
Series: Routledge Studies in the History of Economics
Pages: 310
Publication Date: 31 May 2023
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Iwo Amelung is Professor at Goethe University, Frankfurt am Main, Germany. His research interests are: history of knowledge of modern China, bureaucracy and social history of the Qing period, emergence and development of scientific disciplines in modern China. Bertram Schefold is Senior Professor at Goethe University, Frankfurt am Main, Germany. He teaches economic theory and history of economic thought. His research interests are: Capital theory, history of economic thought and development.