By Vincent Barnett
The cave in of the Union of Soviet Socialist Republic on the finish of the 1980’s used to be conceived as a victory for capitalist democracy. right here, Vincent Barnett offers the 1st entire account of the old improvement of Russian and Soviet financial proposal around the 19th and 20th centuries, and considers its destiny within the twenty-first century. using an in depth variety of historic assets, Barnett examines the several strands of proposal, together with classical, neoclassical, ancient, socialist, liberal and Marxian colleges. He lines their effect, and the influence their principles had on shaping guidelines. an exceptional addition to the Routledge heritage of monetary inspiration sequence, this ebook covers pre-1870, Tsarist economics, the past due Tsarist period, the impression of the war, Bolshevik economics, Stalinist economics, Russian economics after 1940. Incorporating an in depth timeline of the main major Russian economists paintings and studying the consequences of historic discontinuities at the institutional constitution of Russian economics as a self-discipline, Barnett provides a vital textual content for postgraduates and execs drawn to financial heritage and the evolution of Russian monetary concept.
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Additional resources for A History of Russian Economic Thought (Routledge History of Economic Thought)
A. Milyutin (1826–1855) was a socialist who was critical of the ‘apologetic’ nature of some classical economists such as Say and Malthus, viewing their work as an expression of class interests and the notion of freedom that they promulgated as ﬁctitious. For example, he wrote a work examining Malthus and his various critics in some detail, yet he was also critical of Western utopian socialism. Milyutin made a detailed study of the history of Russian law and property rights, and he published An Essay on National Wealth and the Principles of Political Economy in which he viewed the economic laws of capitalism as imaginary, and the real task of political economy as medicinal.
9 Currents in nineteenth century Russian thought affected by Smith included the Decembrists, a liberal movement named after an ill-fated uprising that was active in the 1820s and 1830s. I. 14 The Russian economic mind before 1870 21 Smith was not the only classical economist to ﬁnd Russian expression. An edition of Thomas Malthus’s Essay on the Principle of Population was published in St Petersburg in 1868. R. McCulloch’s On the Principles, Successes, Special Object and Importance of Political Economy was issued in Moscow in 1834.
In his book The Proletariat and Pauperism in England and in France of 1847, Milyutin was critical of the function of landlords in Western capitalism, and he also advocated signiﬁcant reform of the serf system in Russia. A member of the Petrashevtsy circle – an underground discussion group of radical intellectuals – Milyutin’s philosophy was close to that of the positivists. P. Bezobrazov (1828–1889) was a specialist in money and ﬁnance who wrote a number of signiﬁcant works such as Land Credit and its Contemporary Organisation in Europe of 1860 and On Monetary Circulation in Russia in Connection with Industry, Trade and Credit of 1863.