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The Two Narratives of Political Economy

John Wiley and Sons Ltd, Feb 2011, Pages: 473


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Captures the 17th-19th century origins and developments ofpolitical economy by editing original texts and illuminatingtheir relevance for today's political debate

Political economy from the 17th century to the present can be captured in two narratives originating with Locke and Rousseau. Those original narratives were expanded in significant ways in the 18th and 19th centuries, and the editors argue that they still hold sway today.

Edited original writings included in the anthology are from: Locke, Rousseau, Adam Smith, Tocqueville, Mill, Marx, Proudhon, Owen, the Federalist Papers, the French Declaration of the Rights of Man and the Citizen, and the American Constitution. The editors have restricted their comments to the extensive introductions thereby allowing the original participants to speak for themselves. The readings included are intended to be instructive with respect to the origin and development of the two narratives rather than an exhaustive account of how thinkers and writers on economics advance the discipline of economics as a social science.

Authors Bio:

Gordon Lloyd is a Professor of Public Policy, School of Public Policy at Pepperdine University. The co-author of three books on the American founding and sole author of The Two Faces of Liberalism, which examines the political economy of the New Deal. He is the creator of three highly regarded websites on the creation and adoption of the Constitution.

Nicholas Capaldi is Legendre-Soulé Distinguished Chair in Business Ethics at Loyola University, New Orleans. His highly-praised biography of John Stuart Mill was featured on C-SPAN's BookNotes.



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