A History of European Economic Thought grafts the history of economic thought onto Global History by showing how significant economic ideas have influenced the process of Europe’s formation from the very beginning to the present day.
This work combines two classical stories that until today have followed parallel paths. On the one hand, there is the political history of Europe, which is often limited to a few fleeting references to the ideas of the great economists of the past. On the other hand, there is the history of economic thought, which examines Europe as a whole, as a distinct supranational community, only with reference to the institutions created after World War II.
The volume sheds light on the constitutive values of Europe, which also stem from a particular economic culture, and provides essential reading for students and scholars of the history of economic thought.
Preface: Towards a Global and Comparative History of Economic Thought
1. Medieval Economic Thought and the Birth of Europe
2. Mercantilism and Physiocracy in the Making of a Europe of Absolute Monarchies (1517–1776)
3. Classical Political Economy and a Europe of Liberal Nation-States (1776–1870)
4. Neoclassical Economics vs Etatism and a Europe of Empires (1871–1918)
5. Neoliberalism(s) and Corporatism: A Europe of Sovereign Nations and Its Failure (1919–1943)
6. The Invention of Functionalism and the “Separated Unification” of Europe (1944–1973)
7 Decline of Etatism, Rebirth of Neoliberalism and United Europe (1974–2007)
8 Crisis of Neoliberalism, the Greatest Recession and Unfinished Europe (2008–)
Conclusion
Biography
Antonio Magliulo is Full Professor of History of Economic Thought at the University of Florence, Italy.
Magliulo’s sweeping overview European history, integrating the political history of Europe and the history of economic thought, is a major accomplishment. One can further only hope that his call for “an innovative model of supranational democracy” will be followed.
- Ivo Maes, Robert Triffin Chair, University of Louvain and ICHEC Brussels Management School
