Thursday, October 30, 2014

Capitalism through the ages: A grand tour

The Cambridge History of Capitalism. Edited by Larry Neal and Jeffrey Williamson.Cambridge University Press; 1,400 pages; £150. Buy from Amazon.com, Amazon.co.ukECONOMICS publishing has recently undergone a great democratisation. High-quality academic writing was once confined to a handful of journals, mostly accessible in academic libraries. The journals still exist, but mostly serve to influence university hiring decisions. Writing has overwhelmingly gone online, where ambitious academics release free working papers, plug them on Twitter, and watch the discussion unfold. Though this democratisation has critics, it has vastly expanded the audience for economics writing.This, in turn, may prime the market for another throwback: the authoritative collection of essays. For readers whose interest has been piqued online, the anthology provides an appealing way to learn about a range of subjects. “The Cambridge History of Capitalism” is an excellent example of the genre. In two volumes edited by two eminent economic historians, Larry Neal and Jeffrey Williamson, the collection provides a wide-ranging tour of capitalism.The editors...






from The Economist: Books and arts http://ift.tt/103DM4c

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