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Financial Markets in Perspective

Lessons from Economic History and History of Economic Thought

  • Examines financial markets from a historical perspective
  • Offers an integrated approach, including historians and economists
  • Investigates how economic theories have shaped financial markets and institutions

Part of the book series: Springer Studies in the History of Economic Thought (SSHET)

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xviii
  2. Guggenheim Prize Lecture

    1. Front Matter

      Pages 1-1
    2. The Myth of Money as a Veil

      • Alessandro Roncaglia
      Pages 3-16
  3. Financial History

    1. Front Matter

      Pages 17-17
    2. British Investment Trusts 1868–1928: Portfolio Diversification and the Beginnings of Institutional Investment

      • Janette Rutterford, Dimitris P. Sotiropoulos, Antonis Kyparissis
      Pages 19-41
    3. Keynes as a Trader in Commodity Futures

      • Maria Cristina Marcuzzo, Eleonora Sanfilippo
      Pages 61-81
  4. Lessons from History and Great Economists

    1. Front Matter

      Pages 101-101
  5. Income Distribution and the Social Roots of Economic Crisis

    1. Front Matter

      Pages 157-157
    2. Profitability, Stimulus Policy, and Finance

      • Anwar Shaikh
      Pages 191-204
  6. Today’s Macroeconomics Confronts Economic Crises

    1. Front Matter

      Pages 205-205

About this book

This book examines financial markets from a historical perspective. Bringing together contributions from leading historians of economic thought, economists and economic historians, it offers an integrated approach and reflects on the workings of financial markets, their impact on and relation with the rest of the economy and how their role was and is understood by economics. The contributions cover topics such as classical and modern economic thinking on financial markets and institutions, as well as financial models and innovations, and also present case studies on financial history and on policy issues. The historical perspective leads to a representation of markets not as abstract and timeless mechanisms but as institutions populated by a diversity of agents, subject to rules and customs, and influenced by scientific developments and economic theories.


Editors and Affiliations

  • Department of Economics, Ben-Gurion University of the Negev, Beersheba, Israel

    Arie Arnon

  • Department of Statistical Sciences, Sapienza University of Rome, Rome, Italy

    Maria Cristina Marcuzzo

  • Department of Economics and Finance, Tor Vergata University of Rome, Rome, Italy

    Annalisa Rosselli

About the editors

Arie Arnon is a Professor Emeritus of Economics at Ben Gurion University (Israel). He works mainly in the field of history of economic thought, covering monetary theory and macroeconomics. His publications include "Thomas Tooke: Pioneer of Monetary Theory" (1991), and "Monetary Theory and Policy from Hume and Smith to Wicksell: Money, Credit and the Economy", (2011), which received the Best Book Award from the ESHET - the European Society for the History of Economic Thought - in 2012.

 

Maria Cristina Marcuzzo is a Honorary Professor of Economics at the University of Rome, "La Sapienza" (Italy), Foreign Secretary of the Academy of Lincei and former President of the European Society for the History of Economic Thought and the Society for the History of Political Economy. Her interests include classical monetary theory, the Cambridge school of economics and Keynesian economics.

 

Annalisa Rosselli is Senior Professor of History of Economic Thought at the University of Rome, "Tor Vergata" (Italy).  She was President of the European Society for the History of Economic Thought (2014-16) and of the Italian Economic Society (2017-19). She has published a number of articles and books on history of monetary theory, classical political economy, and Cambridge economists.

Bibliographic Information

  • Book Title: Financial Markets in Perspective

  • Book Subtitle: Lessons from Economic History and History of Economic Thought

  • Editors: Arie Arnon, Maria Cristina Marcuzzo, Annalisa Rosselli

  • Series Title: Springer Studies in the History of Economic Thought

  • DOI: https://doi.org/10.1007/978-3-030-86753-9

  • Publisher: Springer Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022

  • Hardcover ISBN: 978-3-030-86752-2Published: 12 February 2022

  • Softcover ISBN: 978-3-030-86755-3Published: 12 February 2023

  • eBook ISBN: 978-3-030-86753-9Published: 11 February 2022

  • Series ISSN: 2662-6098

  • Series E-ISSN: 2662-6101

  • Edition Number: 1

  • Number of Pages: XVIII, 265

  • Number of Illustrations: 7 b/w illustrations, 12 illustrations in colour

  • Topics: History of Economic Thought/Methodology, Financial History, Economic History

Buy it now

Buying options

eBook USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access