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Shifting Capital
Mercantilism and the Economics of the Act of Union of 1707
Buch von Aida Ramos
Sprache: Englisch

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Beschreibung
When the Act of Union was passed in 1707, Scottish parliament was dissolved and the nation¿s capital became London. While the general public balked at the perceived unfairness of the treaty, the majority of Scottish ministers seemed satisfied with its terms. This book offers an explanation of how that outcome came about. By examining the influence of a particular strain of mercantilist thought, Ramos demonstrates how the negotiations preceding the passage of the Act of Union were shaped by ideas of value, wealth, trade and power, and, accordingly, how the model of positive balance was used to justify the necessity of the Act.
Utilizing contemporary evidence from the English and Scottish ministers involved, this book explores alternative arguments regarding the Union, from before 1707 and in early Scottish political economy, thus highlighting the differing economic and political views that have persisted between England and Scotland for centuries. With twenty-first century discontent leading to the Scottish independence referendum and arguments that persist in the wake of the Brexit decision, Ramos produces timely research that investigates ideas of protectionism that feed into mercantilist economic thought.
When the Act of Union was passed in 1707, Scottish parliament was dissolved and the nation¿s capital became London. While the general public balked at the perceived unfairness of the treaty, the majority of Scottish ministers seemed satisfied with its terms. This book offers an explanation of how that outcome came about. By examining the influence of a particular strain of mercantilist thought, Ramos demonstrates how the negotiations preceding the passage of the Act of Union were shaped by ideas of value, wealth, trade and power, and, accordingly, how the model of positive balance was used to justify the necessity of the Act.
Utilizing contemporary evidence from the English and Scottish ministers involved, this book explores alternative arguments regarding the Union, from before 1707 and in early Scottish political economy, thus highlighting the differing economic and political views that have persisted between England and Scotland for centuries. With twenty-first century discontent leading to the Scottish independence referendum and arguments that persist in the wake of the Brexit decision, Ramos produces timely research that investigates ideas of protectionism that feed into mercantilist economic thought.
Über den Autor
Aida Ramos is Associate Professor of Economics at the University of Dallas, Texas, USA. She earned her PhD in economics at the University of Notre Dame, USA. Her research interests are in the history of Scottish and Irish economic thought.
Zusammenfassung

Explores mercantilism as a proto-Big Push theory

Analyses the alliance between state and commercial finance

Presents England's history of interaction with Scotland to the point of unification

Reviews the economic troubles of Scotland

Examines the economic consequences of the Union

Inhaltsverzeichnis

Chapter 1: Introduction.- Chapter 2: The Political and Economic Contest and Context: Scotland and England Before the Union.- Chapter 3: Beyond Trade: Mercantilist Ideas of Dependency, Value, and Transmutation and Justification of Union.- Chapter 4: Trick or Treaty: The Negotiation and Articles of Union in the Context of Mercantilist Ideas.- Chapter 5: Balancing Act: The Equivalent, Political Arithmetic, and Mercantilist Structural Violence.- Chapter 6: Shifting Capital.- Chapter 7: Unintended Consequences: Scottish Political Economy as a Reaction to Mercantilism.

Details
Erscheinungsjahr: 2018
Fachbereich: Volkswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Reihe: Palgrave Studies in the History of Economic Thought
Inhalt: xi
143 S.
ISBN-13: 9783319964027
ISBN-10: 331996402X
Sprache: Englisch
Herstellernummer: 978-3-319-96402-7
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Ramos, Aida
Auflage: 1st ed. 2018
Hersteller: Springer International Publishing
Palgrave Studies in the History of Economic Thought
Maße: 216 x 153 x 14 mm
Von/Mit: Aida Ramos
Erscheinungsdatum: 15.12.2018
Gewicht: 0,323 kg
Artikel-ID: 113977530
Über den Autor
Aida Ramos is Associate Professor of Economics at the University of Dallas, Texas, USA. She earned her PhD in economics at the University of Notre Dame, USA. Her research interests are in the history of Scottish and Irish economic thought.
Zusammenfassung

Explores mercantilism as a proto-Big Push theory

Analyses the alliance between state and commercial finance

Presents England's history of interaction with Scotland to the point of unification

Reviews the economic troubles of Scotland

Examines the economic consequences of the Union

Inhaltsverzeichnis

Chapter 1: Introduction.- Chapter 2: The Political and Economic Contest and Context: Scotland and England Before the Union.- Chapter 3: Beyond Trade: Mercantilist Ideas of Dependency, Value, and Transmutation and Justification of Union.- Chapter 4: Trick or Treaty: The Negotiation and Articles of Union in the Context of Mercantilist Ideas.- Chapter 5: Balancing Act: The Equivalent, Political Arithmetic, and Mercantilist Structural Violence.- Chapter 6: Shifting Capital.- Chapter 7: Unintended Consequences: Scottish Political Economy as a Reaction to Mercantilism.

Details
Erscheinungsjahr: 2018
Fachbereich: Volkswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Reihe: Palgrave Studies in the History of Economic Thought
Inhalt: xi
143 S.
ISBN-13: 9783319964027
ISBN-10: 331996402X
Sprache: Englisch
Herstellernummer: 978-3-319-96402-7
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Ramos, Aida
Auflage: 1st ed. 2018
Hersteller: Springer International Publishing
Palgrave Studies in the History of Economic Thought
Maße: 216 x 153 x 14 mm
Von/Mit: Aida Ramos
Erscheinungsdatum: 15.12.2018
Gewicht: 0,323 kg
Artikel-ID: 113977530
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