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Austria supreme, if it so wishes (1684)`: `a strategy that made europe rich`, 


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Название:  Austria supreme, if it so wishes (1684)`: `a strategy that made europe rich`
ISBN: 9781783088201
Издательство: NBN International
Классификация:
ISBN-10: 1783088206
Обложка/Формат: Hardcover
Страницы: 236
Вес: 0.45 кг.
Дата издания: 25.06.2018
Серия: Economic ideas that built europe
Язык: English
Размер: 160 x 236 x 22
Читательская аудитория: Professional & vocational
Рейтинг:
Поставляется из: Англии
Описание:

Between its first date of publication in 1684 and 1784 classic Oesterreich ber Alles Wann es Nur Will went through more than twenty known editions which makes it, arguably, Europes most successful economics textbook prior to Adam Smiths Inquiry into the Nature and Causes of the Wealth of Nations (1776). Philipp Wilhelm von H rnigk laid in this book the foundations of what has become known as the mercantilist political economy - a strategy for achieving national wealth and political strength simultaneously by building up a competitive domestic manufacturing industry with the help of the state. H rnigk advocated standard recipes known from modern development economics, such as import substitution, protective tariffs on select goods as well as bounties and other financial as also logistic support by a proactive interventionist state in order to safeguard and nurture domestic industries that were in a state of infancy but which would be promising candidates for future growth and economies of scale. As new work by Erik Reinert and Lars Magnusson has shown, contrary to a sort of mainstream view in modern economics and economic history, it was such policies that tended to make European countries rich in the pre-industrial age, also laying the basic foundations for subsequent industrialization - even the Great Divergence between Europe and Asia post 1800. Most European states were interventionist during the nineteenth century. They obviously drew upon a menu of recipes and political economy schedules that had circulated widely in seventeenth- and eighteenth-century Europe and which would subsequently also influence the major works by Friedrich List, Daniel Raymond and other nineteenth-century development theorists.

Based on H rnigks popularity and the publication pattern for the book, the H rnigk strategy stood at the core of many a treatise and book written on economic matters in seventeenth- and eighteenth-century Europe; in fact H rnigk may be called the forefather of modern development economics. He certainly was a towering figure in the Germanic economic discourses of the early modern period. Austria Supreme, if It So Wishes (1684) will be the first-ever English translation of a work the importance of which for European economic development and the European Miracle cannot be overestimated.



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