General and Periodic Crises of Overproduction

General and Periodic Crises of Overproduction
-0 %
Der Artikel wird am Ende des Bestellprozesses zum Download zur Verfügung gestellt.
 EPUB
Sofort lieferbar | Lieferzeit: Sofort lieferbar

Unser bisheriger Preis:ORGPRICE: 69,99 €

Jetzt 69,98 €* EPUB

Artikel-Nr:
9781839988318
Veröffentl:
2023
Einband:
EPUB
Seiten:
532
Autor:
Jean Lescure
Serie:
2 1, Anthem Other Canon Economics Economic Ideas that Built Europe
eBook Typ:
EPUB
eBook Format:
Reflowable EPUB
Kopierschutz:
Adobe DRM [Hard-DRM]
Sprache:
Englisch
Beschreibung:

Jean Lescure’s General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. It was updated periodically through five editions and now appears in English for the first time.

Jean Lescure’s two-volume General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. The author, who held doctorates in political economy and law, is most remembered as a founder of the French historical school and a staunch advocate of empiricism in the economic sciences. Lescure called his approach the ’complex historical method’, by which he sought to revise classical and quantitative economic theory through the historical analysis and statistical observation of cyclical phenomena. Ever the controversialist, Lescure wrote in an engaging style, accessible to non-specialists and economists alike, and critiqued the leading monetary theorists of the period, insisting that observation of the movements in production costs, industrial orders and profits be given priority over circulation and credit in understanding the periodic crises of capitalist economies. In Lescure’s view, crises were inevitable in both market and command economies and their onset and consequences were predictable with the help of the more detailed production statistics newly available to economists and entrepreneurs at the time. Observation of corporate profits, the margin between cost price and selling price, provided the means to predict crises and measure their impact, not only on industry and trade but also on the working classes who would endure unemployment and the many social ills that accompany it. Lescure, unlike many of the liberal economists of the time, was always careful to include in his historical account statistical analysis of unemployment figures, as well as those on crime, marriage and birth rates, homelessness and suicide. Although he remained sceptical of government intervention in the form of monetary policies adjusting the money supply, and lauded the success of industrial concentration and trusts in reducing costs and prices, Lescure admitted the state’s role in the recovery of the 1930s, when social insurance schemes and investment in public works mitigated the worst effects of unemployment for industrial labour.
This treatise, which grew out of his doctoral work, was a lifetime project for Lescure, who updated it periodically over five editions, to include each new cycle of growth, crisis, depression and recovery. Volume one provides a historical study of economic crises from the post-Napoleonic period through the Great Depression and the recovery of the late 1930s.
Volume two offers a critique of the theories of crises, their causes and potential remedies, in which Lescure outlines his preference for ‘organic’ theories that focus on the production process and qualitative statistical observation of the movements in costs, selling prices, industrial orders and profits.
The text of the fifth edition appears here in English for the first time, unabridged and complete with editorial materials designed to help the English reader understand the work on its own terms and situate its author’s prominent place in the history of economic thought.

Acknowledgements; Introduction: Jean Lescure on the Role of Solidarité in Industrial Economies and Among the Social Sciences; Early Biography; The First World War and the Globalization of Crises; Lescure and Aftalion on Interdependencies in the Economy and the Possibility of General Overproduction Crises; Methodological Pluralism and Interdependencies in the Social Sciences; Historical Narrative and Statistical Evidence in Lescure’s ‘Complex Historical Method’; Lescure’s Liberalism and the Role of Government in the Recovery of the 1930s; Lescure’s Complex Historical Method and the Use and Misuse of Statistics; Are Crises Inevitable and Forecastable?; Translator’s Note; General and Periodic Crises of Overproduction; Volume I: The Phenomenon; Chapter 1: The Phenomenon; Section 1: A Historical Study of Economic Crises; Section 2: Theoretical Outline of the Alternating Periods of Growth and Depression; Section 3: The Role of Various Industries in the Alternating Periods Growth and Depression; Volume II: Causes and Remedies; Chapter 2: The Causes of General Overproduction Crises; Section 1: Theories Explaining Crises as Monetary Phenomena; Section 2: Theories Explaining Crises Through the Phenomena of Production, Consumption and Distribution; Chapter 3: Remedies for Crises; Section 1: Is the Crisis an Evil?; Section 2: Remedies; Section 3: Crises and the Working Class; Conclusion; Annexes; Appendix One: Bibliography of the Works Cited by Jean Lescure; Appendix Two: Bibliography of the Works of Jean Lescure; Index

Kunden Rezensionen

Zu diesem Artikel ist noch keine Rezension vorhanden.
Helfen sie anderen Besuchern und verfassen Sie selbst eine Rezension.