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Sir Robert Peel - paragon or pariah? Peel was the greatest statesman and political leader of mid-Victorian Britain, a titan of Conservative politics, whose legacy has inspired generations in his party and in British political life. In a career spanning forty years he held the greatest offices of state including Chief Secretary to Ireland, Home Secretary, Chancellor of the Exchequer and was twice Prime Minister. He was the first acknowledged leader of the Conservative Party and the Founder of Modern Conservatism. Yet Peel's seemingly peerless reputation has never been secure. The Repeal of the Corn Laws split his party, his 'Peelite' supporters joined the Liberals and the Conservatives remained in opposition for thirty years. Richard Gaunt, drawing on a huge archive of state papers, contemporary writings including Peel's own Memoirs and the latest historiography, paints a convincing picture of Peel as an exponent of effective government in the modern industrial state and a calculating practitioner, supremely self-confident, who dominated both his Party and the House of Commons. Gaunt's revisionist life of Peel will be essential reading and the standard work for students and general readers interested in Conservative and mid-Victorian political history and historical biography.
Impressive and authoritative, this essential book brings together a collection of essays in honour of Peter Groenewegen, one of the most distinguished historians of economic thought of a generation. His work on a wide range of economic theorists such as Adam Smith, François Quesnay and Alfred Marshall approaches a level of near insuperability.
The purpose of this book is to provide a comprehensive account and reconsideration of the contribution to political economy of Thomas Tooke (1774-1858), classical economist and influential monetary theorist. Its chief purpose is to examine Tooke’s contributions to political economy with the aim of bringing to light its unified nature and its important legacy to contemporary economics. In doing so the book aims to throw new light on monetary analysis within the framework of classical economics. There remains no comprehensive account of Tooke’s contributions that is concerned with showing his lasting and ongoing influence on the development of monetary thought. The book provides an interpretation and analytical study of Tooke’s political economy from the standpoint of the classical tradition. This enables a demonstration of how his constructive contribution throws a new light on monetary thought in this tradition.
The literature of monetary economics has been characterised by controversy and changes in the received wisdom throughout its history. The controversies have related not merely to the effects on incomes and prices of changes in the money supply, but even to the question of whether causality runs from money to incomes and prices or vice versa. This book begins with the pioneering work of the sixteenth century French writer Jean Bodin, followed by the celebrated John Law, and John Locke (and his eighteenth century critics). It considers both the theory and the evidence involved in the controversy between the Currency and Banking schools. Closely related to this was the work of two writers, Thomas Joplin and Walter Bagehot, both of whom provided perspectives strikingly different from those of the main controversialists and, in so doing, advanced the subject of monetary economics. The book seeks, through the examination of monetary controversies, to provide an historical perspective on modern understanding of monetary policy. It will be essential reading for economists with an interest in monetary economics and the history of economic thought.