This volume presents selections from the work of Abram L. Harris (1899-1963), acknowledged as the first black American economist to achieve prominence in academic life. Between 1927 and 1945 he served on the faculty at Howard University in Washington, D.C. Thereafter, he was a professor in the College at the University of Chicago. During the Howard years, Harris was a central figure among a remarkable group of black social scientists clustered at that institution. He influenced the thought and work of Ralph Bunche, E. Franklin Frazier, and Eric Williams. A frequent contributor to professional journals in economics, especially the "Journal of Political Economy, "Harris was recognized as perhaps the foremost expert on the comparative analysis of alternative approaches in economics. "Race, Radicalism, and Reform "includes an introduction by the editor that provides a chronology of Harris' life and an assessment of his scholarly contributions. A diverse array of Harris' papers is contained in the volume covering all the major themes he addressed in the course of a lifetime of research: the "Negro problem" in the United States, the interaction between race and class, controversies in American economic history, Marx and Marxism, the nature and content of institutional economics, and the economics of John Stuart Mill. What results is a comprehensive view of Harris' work, affording insight into important transitions in his thinking about radicalism and social reform. In particular, the book chronicles his movement from a left orientation in his youth to a moderate libertarianism in his later years.
Published papers whose appeal lies in their subject-matter rather than their technical statistical contents. Medical, social, educational, legal,demographic and governmental issues are of particular concern.
Best known for reviving the tradition of classical liberalism, F. A. Hayek was also a prominent scholar of the philosopher John Stuart Mill. One of his greatest undertakings was a collection of Mill’s extensive correspondence with his longstanding friend and later companion and wife, Harriet Taylor-Mill. Hayek first published the Mill-Taylor correspondence in 1951, and his edition soon became required reading for any study of the nineteenth-century foundations of liberalism. This latest addition to the Collected Works of F. A. Hayek series showcases the fascinating intersections between two of the most prominent thinkers from two successive centuries. Hayek situates Mill within the complex social and intellectual milieu of nineteenth-century Europe—as well as within twentieth-century debates on socialism and planning—and uncovers the influence of Taylor-Mill on Mill’s political economy. The volume features the Mill-Taylor correspondence and brings together for the first time Hayek’s related writings, which were widely credited with beginning a new era of Mill scholarship.
The growth of joint-stock business in Victorian Britain re-evaluated, showing in particular the resistance to it. Winner of the Economic History Society's Best First Monograph award 2009 The emergence of the joint-stock company in nineteenth-century Britain was a culture shock for many Victorians. Though the home of the industrialrevolution, the nation's economy was dominated by the private partnership, seen as the most efficient as well as the most ethical form of business organisation. The large, impersonal company and the rampant speculation it was thought to encourage were viewed with suspicion and downright hostility. This book argues that the existing historiography understates society's resistance to joint-stock enterprise; it employs an eclectic range of sources, fromnewspapers and parliamentary papers to cartoons, novels and plays, to unearth this forgotten economic debate. It explores how the legal system was gradually restructured to facilitate joint-stock enterprise, a process culminatingin the limited liability legislation of the mid-1850s. This has typically been interpreted as evidence for the emergence of new, positive attitudes to speculation and economic growth, but the book demonstrates how traditional outlooks continued to influence legislation, and the way in which economic reforms were driven by political agendas. It shows how debates on the economic culture of nineteenth-century Britain are strikingly relevant to current questions over the ethics of multinational corporations. James Taylor is Senior Lecturer in British History at Lancaster University.