TAILIEUCHUNG - History of Economic Analysis part 20

History of Economic Analysis part 20. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | History of economic analysis 152 The seventeenth-century publications of this type often contain rudimentary economic arguments. See for example John Roberts The Trades Increase 1615 and Lewes Roberts The Merchants Mappe of Commerce 1638 . In the seventeenth and eighteenth centuries we find on the one hand a rich crop of monographs especially on banks some of which will have to be noticed later on and on the other hand comprehensive compilations. We must mention Jacques Savary s Le parfait negociant 1675 which proved its vitality by going through new editions until 1800 and seems to me to repeat on a larger scale the performance of Il Negotiante 1638-65 and the still earlier one of B. Cotrugli Raugeo Della Mercatura e del mercante perfetto 1573 and Savary s son s Jacques Savary des Bruslons Dictionnaire universel du commerce. finished and published by his brother Philémon-Louis 1723-30 . Malachy Postlethwayt s Universal Dictionary of Trade and Commerce 1751-5 though based upon the latter is by no means a mere translation of it as has sometimes been asserted on the differences see Predecessors of Adam Smith 1937 Appendix B. The same author in the same work Appendix C also reduced to its proper proportions the charge of plagiarism that has been frequently leveled against Postlethwayt though the case remains bad enough . Neither of these dictionaries is however primarily concerned with what we call economics. Both were meant to serve the merchant s practical needs and deal with economic problems only incidentally. This is the difference in principle that apart from the statistical complement separates these ventures from later similar ones especially from McCulloch s Dictionary Practical Theoretical and Historical of Commerce and Commercial Navigation 1832 . III. It is with misgivings that I also exclude the literature on husbandry farm management agrarian technology and forestry the exclusion of other technological material need not cause .

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