Introduction -- Economic history or historical economies? -- Historical economics: A bridge between liberal arts and business studies? -- Economic history -- Europe -- Spenders and hoarders: The world distribution of Spanish American silver, 1550-1750 -- Introduction to England's treasure by forraign trade, or The ballance of our forraign trade is the rule of our treasure / Thomas Mun -- The historical background: Adam Smith and the industrial revolution -- Commercial policy between the wars -- The postwar resurgence of the French economy -- The United States -- US foreign economic policy, 1776-1976 -- The aging economy -- America in decline? Possible parallels and consequences -- Finance -- Financial deregulation and economic performance: An attempt to relate European financial history to current LDC issues -- Write-off or work-out? A historical analysis of creditor options -- Exchange-rate changes and ratchet effects: A historical perspective -- The panic of 1873 -- Capital flight: A historical perspective -- Conclusion -- Notes -- Acknowledgments -- Index.
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"Charles P. Kindleberger's writing has ranged widely in the past, from international economics to such specialized topics as the Marshall Plan. In recent years, however, his perspective has shifted to one that tempers the rigidity of technical economics with the flexibility of the liberal arts. Historical economics, drawing on history, politics, cultural anthropology, sociology, and geography, bridges the gap between abstraction and fact engendered by traditional conceptions of economic science. Inherently interdisciplinary, historical economics ultimately leads to a more meaningful understanding of contemporary economic phenomena. This selection of Kindleberger's work has been carefully culled to illustrate his approach to the subject. The essays cover a range of historical periods and in addition to his well known writing on financial issues also include European history and explorations of long-run changes in the American economy. Economists and historians, both the converted and the unconvinced, will want to consult this powerful argument for the importance of historical economics."--Provided by publisher.