TY - BOOK ID - 30951633 TI - Early economic thought in Spain, 1177-1740 PY - 2015 SN - 9781614879237 1614879230 0865978018 9781614872771 1614872775 9781614876533 1614876533 9780865978010 0865978026 0415631041 PB - Indianapolis DB - UniCat KW - E-books KW - Economics KW - History KW - Economic theory KW - Political economy KW - Social sciences KW - Economic man KW - History. KW - HISTORY / Europe / Spain & Portugal. KW - BUSINESS & ECONOMICS / Inflation. KW - BUSINESS & ECONOMICS / Education. KW - BUSINESS & ECONOMICS / Economic History. UR - https://www.unicat.be/uniCat?func=search&query=sysid:30951633 AB - "Early Economic Thought in Spain was published in 1978, and in her Foreword the author mentions that the discussion of long-term inflation in Spain from the sixteenth to the eighteenth centuries ought to be of interest since "we live in a time of inflation". The book can also be read as a history of Spanish responses to the decline of empire. At a number of points the author indicates that her study can be understood as a supplement to Joseph Schumpeter's History of Economic Analysis (1954). The chief contribution of this book is a review and summary of the development of economic thinking from the earliest days until about 1740 in one of the most important countries of Europe. Despite, or maybe because, Spain was in decline much of the last two centuries of this period, we are provided, as it were, with a ring-side seat for watching intellectuals come to terms with the forces behind such decline. Some of it, such as inflation, debt-financing, military over-extension, mercantilist protectionism, the preference of elites for their own economic benefit at the expense of the state, and more, will be familiar to readers who are familiar with the economic history of the last hundred years. If the distant mirror of history can help us avoid repeating the mistakes of the past, here is one place to find it. This book is dedicated to the memory of Leonard Liggio (1933-2014)"-- ER -