Humanism Challenges Materialism in Economics and Economic History - Hardcover

Hardcover

ISBN 10: 022642958X ISBN 13: 9780226429588

Publisher: University of Chicago Press, 2017

Synopsis

Most of the existing research on economic history relies either solely or ultimately on calculations of material interest to explain the major events of the modern world. However, care must be taken not to rely too heavily on materialism, with its associated confidence in perfectly rational actors that simply do not exist. What is needed for a more cogent understanding of the long history of capitalist growth is a more realistic, human-centered approach that can take account of the role of nonmaterial values and beliefs, an approach convincingly articulated by Deirdre McCloskey in her landmark trilogy of books on the moral and ethical basis of modern economic life.

With Humanism Challenges Materialism in Economics and Economic History, Roderick Floud, Santhi Hejeebu, and David Mitch have brought together a distinguished group of scholars in economics, economic history, political science, philosophy, gender studies, and communications who synthesize and build on McCloskey’s work. The essays in this volume illustrate the ways in which the humanistic approach to economics that McCloskey pioneered can open up new vistas for the study of economic history and cultivate rich synergies with a wide range of disciplines. The contributors show how values and beliefs become embedded in the language of economics and shape economic outcomes. Chapters on methodology are accompanied by case studies discussing particular episodes in economic history.
 

About this title

About the Author:

Roderick Floud is an economic historian and president emeritus of London Metropolitan University. He is an honorary fellow of Gresham College, London; Wadham College, Oxford; Emmanuel College, Cambridge; and Birkbeck, University of London. He is the author or coauthor of numerous books, including, most recently, The Cambridge Economic History of Modern Britain: Volumes I and II.Santhi Hejeebu is associate professor in the Department of Economics at Cornell College. David Mitch is professor in and chair of the Department of Economics at the University of Maryland, Baltimore County. He is the author of The Rise of Popular Literacy in Victorian England.

Review:

“Fascinating reading . . . . A worthy tribute to a remarkable scholar and woman.”
  (Journal of Interdisciplinary History)

“Two essays deserve special mention. First, ‘Queering McCloskey's Feminism in Location and History,’ by Robin L. Bartlett, is essential reading for any economist who wants to connect economics with wider currents in social science and the humanities. Second, Steven E. Landsburg's ‘McCloskey at Chicago’ stands out as a heartfelt tribute to a McCloskey's role as a mentor inside and outside the classroom. More generally, the editors deserve credit for the uniformly high quality of the essays and the thorough introduction they provide at the beginning of the volume. . . . Essential.”  (CHOICE)

"As big and bold, challenging and courageous, transformative and persuasive as its honoree.” (Claudia Goldin, Harvard University)

“These essays in economic history illustrate, substantiate, and honor the work of Deirdre McCloskey, whose pioneering application of quantitative methods to economic history—‘cliometry’—did not result in the economization of cultural life, as one might expect, but in seeing economic life as a culture of free communication. The capitalist goose lays its golden egg by disseminating shared values through persuasive speech, thereby evading both materialistic self-interest and its supposed cure, the notion that politics must save capitalism from itself.  It is hard to tell whether the world is being turned upside down or right side up!” (David Depew, University of Iowa)

About this edition

• Publisher: University of Chicago Press
• Publication date: 2017
• ISBN 10: 022642958X
• ISBN 13: 9780226429588
• Binding: Hardcover
• Number of pages: 312
• Editor: Floud Roderick, Hejeebu Santhi, Mitch David