tailieunhanh - History of Economic Analysis part 21

History of Economic Analysis part 21. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | History of economic analysis 162 Instead of attempting to do this we shall however follow a much easier course that is fortunately open to us. There are a number of publications that may be considered as general surveys of the economics of the time. In part at least they supply what we need. We shall confine ourselves to the most widely known of these The Discourse of the Common Weal contains three dialogues that deal with a wide variety of topics. The author regrets that younge studentes be alwayes over hastye in utterynge theire Jugementes and the scysme in matter of relygyen recommends better training all round going so far as to consider superiority in lernynge as one of the reasons for Julius Caesar s victory over Pompey condemns enclosures in so far as they turn arable land into pasture criticizes the rising business corporations and their monopolistic practices disapproves of debased currency and of inflation that hurts people whose incomes do not react promptly such as the laborers 11 landlords and even the King s Highness recommends the fostering of young industries as well as the accumulation of a monetary fund for emergencies sodeyne eventes money being as it were a storehouse of any commodity and nervus bellorum does not favor the export of raw materials especially of wool frowns upon these straungers who sell nothing but frivolous stuff that costs them little though the English pay dearly for it and buy in return good honest English goods if indeed they do buy anything and do not take monye 9 The best way for the reader to satisfy himself of this quickly is to glance through the source book already mentioned Bland Brown and Tawney English Economic History Select Documents 1914 and through the still more useful compilation Tawney and Power Tudor Economic Documents being select documents illustrating the economic and social history of Tudor England 3 vols. 1924 the third volume of which contains pamphlets memoranda and literary .