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Free the Market!
by Gary L. RebackWhy we need government intervention in the free market to protect competition and encourage innovation Starting about thirty years ago, conservatives forced an overhaul of competition policy that has loosened business rules for everything from selling products to buying competitors. Gary Reback thinks the changes have gone too far. Today's competition policies, he argues, were made for the old manufacturing economy of the 1970s. But in a high-tech world, these policies actually slow innovation, hurt consumers, and entrench big companies at the expense of entrepreneurs. Free the Market! is both a memoir of Reback's titanic legal battles-involving top companies such as Apple, Microsoft, IBM, Oracle, and AT&T-and a persuasive argument for measured government intervention in the free market to foster competition. Among the fascinating questions he considers:* Can a company ever compete too hard for the public good?* Should policy makers worry more about promoting competition or improving efficiency?* Does it help consumers when a manufacturer sets the prices its retailers charge?* Should the government do more to stop controversial mergers?* At what point does intellectual property protection hurt innovation?
Free the Market!
by Gary L. RebackWhy we need government intervention in the free market to protect competition and encourage innovation Starting about thirty years ago, conservatives forced an overhaul of competition policy that has loosened business rules for everything from selling products to buying competitors. Gary Reback thinks the changes have gone too far. Today's competition policies, he argues, were made for the old manufacturing economy of the 1970s. But in a high-tech world, these policies actually slow innovation, hurt consumers, and entrench big companies at the expense of entrepreneurs. Free the Market! is both a memoir of Reback's titanic legal battles--involving top companies such as Apple, Microsoft, IBM, Oracle, and AT&T--and a persuasive argument for measured government intervention in the free market to foster competition. Among the fascinating questions he considers: Can a company ever compete too hard for the public good? Should policy makers worry more about promoting competition or improving efficiency? Does it help consumers when a manufacturer sets the prices its retailers charge? Should the government do more to stop controversial mergers? At what point does intellectual property protection hurt innovation?
Free to Choose: A Personal Statement (Pelican Ser.)
by Milton Friedman Rose FriedmanThe international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls. New Foreword by the Authors; Index.
Free to Obey: How the Nazis Invented Modern Management
by Johann ChapoutotWhat if the rules of modern capitalism were written during the Third Reich? Reinhard Höhn (1904-2000) was a commander of the SS, one of Nazi Germany’s most brilliant legal minds, and an archetype of the fervid technocrats and intellectuals that built the Third Reich. Following Germany’s defeat, after a few years in hiding, he emerged in the early 1950s as the founder and director of a renowned management school in Lower Saxony. Höhn’s story wouldn’t be very different from that of many other prominent Nazis if not for the fact that a vast number of Germany’s postwar business leaders—more than 600,000 executives—were educated at his management school. In this fascinating book, Johann Chapoutot, one of France’s most brilliant historians, traces the profound links between Nazism and the principles of modern corporate management, our definitions of success, and a concept of personal freedom that masks rigid hierarchical structures of power and control. “One of the most gifted European historians of his generation.”—Timothy Snyder, New York Times best-selling author of On Tyranny
Free, Perfect, and Now
by Robert RodinIn a world where knowledge is king, the Web never sleeps, and competitive challenge increases exponentially, Robert Rodin shows you how to prepare for the three insatiable demands of today's customers: they want their product or service FREE, they want it PERFECT, and they want it NOW. No matter what business you're in, you have to find a way to respond -- or risk losing your customers to competitors who are discovering new ways to sell your product or service cheaper, better, and faster than you've ever imagined. As the dynamic CEO of electronics distributor Marshall Industries who trained with the worldfamous W. Edwards Deming, Rob Rodin engineered the astounding reinvention of his company, turning a conventionally successful $500 million business into a $2 billion competitive powerhouse, a high-speed, high-profit junction box wired to today's imperatives. Rodin isn't a consultant, pretending change is a matter of five steps and a pep talk. He's lived inside its gut-wrenching turmoil. Six years ago Rodin and his colleagues bet their company on a radical experiment, tearing a healthy business down to bedrock. They threw out all the old tools, taking 1,100 managers off MBOs and incentives and abolishing commissions for 600 salespeople. They threw out all the old technology, too, changing every operating system in a single tense night. Then they set out to reinvent themselves, finding new ways to help people and technology work together -- creating a dynamic pioneer for our new electronic era, a company twice named as the #1 business-to-business Web site in the world by Advertising Age magazine. Free, Perfect, and Now tells the dramatic story of that transformation from the inside. Detailing the hard lessons learned in competitive battle, it offers a compelling new perspective on the most pressing issue facing businesspeople today: how to prepare a customer-focused corporation for a future you can't predict. But Free, Perfect, and Now is a book of solutions, too, a guide to help every manager turn ideas into concrete results. Each chapter explains, step by step, how to design a different element of a company, from how to anticipate customers' shifting demands to how to make a Web site profitable. And each chapter ends with a Manager's Workbook, containing detailed advice managers can use to make their business more competitive today.
Free-Thought in the Social Sciences (Routledge Revivals)
by J. A. HobsonThis Routledge Revival sees the reissue of a seminal work by British economist, sociologist and academic John A. Hobson, elucidating his views on a variety of topics across the social sciences. He makes particular reference to the struggle between the disinterested urge of the social scientist and the interests and other motive forces which tend to influence and mould his processes of inquiry. The work is split into three parts, focussing upon free-thinking, economics and political ethics respectively.
Free: The Future of a Radical Price
by Chris AndersonThe book looks at the radical new way business is done and shows a new economic model that goes way beyond the old concepts of free with purchase or loss leaders.
Free: The Future of a Radical Price
by Chris AndersonThe online economy offers challenges to traditional businesses as well as incredible opportunities. Chris Anderson makes the compelling case that in many instances businesses can succeed best by giving away more than they charge for. Known as "Freemium," this combination of free and paid is emerging as one of the most powerful digital business models. In Free, Chris Anderson explores this radical idea for the new global economy and demonstrates how it can be harnessed for the benefit of consumers and businesses alike. In the twenty-first century, Free is more than just a promotional gimmick: It's a business strategy that is essential to a company's successful future.
FreeMarkets OnLine
by V. Kasturi RanganDescribes the marketing strategy of an entrepreneurial start-up engaged in electronic purchasing for large manufacturers. By creating an electronic bidding platform, the company has been able to cut down procurement costs by about 15%. The case question concerns how this company should now go to scale.
Freedom Bound: Law, Labor, and Civic Identity in Colonizing English America, 1580-1865
by Christopher TomlinsFreedom Bound is about the origins of modern America - a history of colonizing, work, and civic identity from the beginnings of English presence on the mainland until the Civil War. It is a history of migrants and migrations, of colonizers and colonized, of households and servitude and slavery, and of the freedom all craved and some found. Above all it is a history of the law that framed the entire process. Freedom Bound tells how colonies were planted in occupied territories, how they were populated with migrants - free and unfree - to do the work of colonizing, and how the newcomers secured possession. It tells of the new civic lives that seemed possible in new commonwealths, and of the constraints that kept many from enjoying them. It follows the story long past the end of the eighteenth century until the American Civil War, when - just for a moment - it seemed that freedom might finally be unbound.
Freedom Bound: Law, Labor, and Civic Identity in Colonizing English America, 1580–1865
by Christopher TomlinsFreedom Bound is about the origins of modern America - a history of colonizing, work and civic identity from the beginnings of English presence on the mainland until the Civil War. It is a history of migrants and migrations, of colonizers and colonized, of households and servitude and slavery, and of the freedom all craved and some found. Above all it is a history of the law that framed the entire process. Freedom Bound tells how colonies were planted in occupied territories, how they were populated with migrants - free and unfree - to do the work of colonizing and how the newcomers secured possession. It tells of the new civic lives that seemed possible in new commonwealths and of the constraints that kept many from enjoying them. It follows the story long past the end of the eighteenth century until the American Civil War, when - just for a moment - it seemed that freedom might finally be unbound.
Freedom Colonies: Independent Black Texans in the Time of Jim Crow (Jack and Doris Smothers Series in Texas History, Life, and Culture)
by Thad SittonThis study is a thoughtful and important addition to an understanding of rural Texas and the nature of black settlements. -- Journal of Southern History "Thad Sitton and James H. Conrad have made an important contribution to African American and southern history with their study of communities fashioned by freedmen in the years after emancipation. " -- Journal of American History "This book is the first of its kind. . . . Blacks emerge as thinkers and actors on the stage; that is, they were not merely passive victims; rather, they made their own history by building their own communities and by becoming free farmers. " -- James Smallwood, Professor Emeritus of History, Oklahoma State University In the decades following the Civil War, nearly a quarter of African Americans achieved a remarkable victory-- they got their own land. While other ex-slaves and many poor whites became trapped in the exploitative sharecropping system, these independence-seeking individuals settled on pockets of unclaimed land that had been deemed too poor for farming and turned them into successful family farms. In these self-sufficient rural communities, often known as "freedom colonies," African Americans created a refuge from the discrimination and violence that routinely limited the opportunities of blacks in the Jim Crow South. Freedom Colonies is the first book to tell the story of these independent African American settlements. Thad Sitton and James Conrad focus on communities in Texas, where blacks achieved a higher percentage of land ownership than in any other state of the Deep South. The authors draw on a vast reservoir of ex-slave narratives, oral histories, written memoirs, and publicrecords to describe how the freedom colonies formed and to recreate the lifeways of African Americans who made their living by farming or in skilled trades such as milling and blacksmithing. They also uncover the forces that led to the decline of the communities from the 1930s onward, including economic hard times and the greed of whites who found legal and illegal means of taking black-owned land. And they visit some of the remaining communities to discover how their independent way of life endures into the twenty-first century.
Freedom Enterprise: Black Entrepreneurship and Racial Capitalism in Detroit (American Business, Politics, and Society)
by Kendra D. BoydTraces the rise and fall of the historic Black business community in DetroitThe Great Migration saw more than six million African Americans leave the US South between 1910 and 1970. Though the experiences of migrant laborers are well-known, countless African Americans also left the South to pursue entrepreneurial opportunities and viewed business as key to Black liberation. Detroit’s status as a mecca for Black entrepreneurship illuminates this overlooked aspect of the Great Migration story. In Freedom Enterprise, Kendra D. Boyd uses “migrant entrepreneurship” as a lens through which to understand the entwined histories of Black-owned business, racial capitalism, and urban space.Freedom Enterprise follows Black Southerners’ journeys to Detroit during the initial wave of migration in the 1910s and 1920s, through their efforts to build a prosperous Black business community in the 1930s and 1940s, to the destruction of that community through urban renewal projects and freeway construction in the 1950s and 1960s. Combining business and social history methods to analyze an eclectic archive, Boyd chronicles migrant entrepreneurs’ experiences, highlighting tales of racial and economic violence, Black women’s business organizing, illegal business, communist entrepreneurs, and cooperative economics.Boyd uses the framework of racial capitalism to examine migrant entrepreneurs’ experiences in twentieth-century America. In the Jim Crow South, African Americans worried about white mobs taking away their property, wealth, and lives. Though they sought refuge in Detroit, migrant entrepreneurs subsequently faced the loss of their livelihoods and the businesses they had spent decades building to the bulldozers of state-sponsored urban redevelopment initiatives. Southern migrants’ “freedom enterprise”—their undertaking of attaining freedom through business—was curtailed by the reality of operating within the confines of US racial capitalism.In tracing Black entrepreneurs across the Great Migration, Freedom Enterprise provides important insights into African Americans’ activism for racial and economic justice and continued racialized wealth disparities.
Freedom First: Escape the Income Trap, Unlock Your Potential and be Financially Free, Now
by Matthew KlanTrue freedom is within your grasp with this powerful wealth creation strategy. Freedom First challenges you to rethink your ideas about how to become financially free. Drawing on historical financial insights as old as Confucius, as well as lessons gleaned from modern psychology and economics, this book explores a counterintuitive approach to wealth creation: if you want to become financially free, you need to become free first. Author Matthew Klan walked away from his professional career and the promise of financial security in the pursuit of freedom. Now a self-made millionaire, Klan reveals his two-part wealth-building principle, and shares stories of others who have harnessed the power of getting free first. This book will enable you to: - Learn the counterintuitive financial insights of the rich - Understand the traps of not being free: Dependence trap, Debt trap, Income trap - Learn how to free yourself from what is holding you back - Free up time and energy to unlock your full creative potential - Adopt a growth mindset and go beyond the traditional ’passive income‘ approach Whether you’re a millennial or retiree, this book will teach you the wealth generation secrets of the rich and enable you to become financially free now.
Freedom Home - Paying Energy Bills is Optional and may save your Life!
by P. Stephen O’learyImagine a World where you have NO electricity or gas bills? Nada! Zilch! Zero! Imagine a home that uses nature to heat and cool your home? At no cost! Imagine a healthy home where the air quality is pristine that toxins, dustmites, mould cannot live in and condensation or harmful VOCs are non-existent that can harm the health of your family? Imagine growing your own vegetables with water you have captured and you home also having a hot water service costing nothing to run? Imagine a home 20-21° constantly, 24/7? Imagine cooking in a kitchen with the latest technology? Imagine your contribution to a cleaner world? Imagine?
Freedom Is Not Enough: The Opening of the American Workplace
by Nancy MacLeanIn the 1950s, the exclusion of women and of black and Latino men from higher-paying jobs was so universal as to seem normal to most Americans. Today, diversity in the workforce is a point of pride. How did such a transformation come about? In this bold and groundbreaking work, Nancy MacLean shows how African-American and later Mexican-American civil rights activists and feminists concluded that freedom alone would not suffice: access to jobs at all levels is a requisite of full citizenship. Tracing the struggle to open the American workplace to all, MacLean chronicles the cultural and political advances that have irrevocably changed our nation over the past fifty years. Freedom Is Not Enough reveals the fundamental role jobs play in the struggle for equality. We meet the grassroots activists—rank-and-file workers, community leaders, trade unionists, advocates, lawyers—and their allies in government who fight for fair treatment, as we also witness the conservative forces that assembled to resist their demands. Weaving a powerful and memorable narrative, MacLean demonstrates the life-altering impact of the Civil Rights Act and the movement for economic advancement that it fostered. The struggle for jobs reached far beyond the workplace to transform American culture. MacLean enables us to understand why so many came to see good jobs for all as the measure of full citizenship in a vital democracy. Opening up the workplace, she shows, opened minds and hearts to the genuine inclusion of all Americans for the first time in our nation’s history.
Freedom Management: How leaders can stay afloat in the sea of social connections
by Luca SolariModern management theory has been established on the ashes of Taylorism, emphasizing control over accountability, conformity over uniqueness, and constraint over freedom. Leadership and management theories and the practical approaches of this age of society can be understood as an ongoing struggle to overcome the boundaries of such a concept of organizations and society. Also latter movements, like empowerment or the competence based waves of change have left what we do in organizations largely unscathed. Organizations today are often bereft of a strong leadership function and the result is a decline in overall engagement. Luca Solari contends that this is because the change ahead requires a complete reshuffling of our conceptions of what it means to run an organization, and this will not come without pain for those in charge of managing, who are unable to shift their roles. It comes as no surprise that the complex pattern of preexisting interests acts like a powerful shield against this change within government, society, and business organizations alike. This book provides an essential argument as to why contemporary organizations need to change and offers practical guidance on how to overcome the waves, while helping your organization to thrive in this new era of management. This book will appeal to leaders, as well as those involved in human resource management and organizational change.
Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn't
by Steve Forbes Elizabeth AmesFrom Steve Forbes, the iconic editor in chief of Forbes Media, and Elizabeth Ames coauthors of How Capitalism Will Save Us--comes a new way of thinking about the role of government and the morality of free markets. Americans today are at a turning point. Are we a country founded on the values of freedom and limited government, as envisioned by the founding fathers in the Declaration of Independence and the Constitution? Or do we want to become a European-style socialist democracy? What best serves the public good--freedom or Big Government? In Freedom Manifesto, Forbes and Ames offer a new twist on this historic debate. Today's bloated and bureaucratic government, they argue, is anything but a force for compassion. Instead of assuring fairness, it promotes favoritism. Instead of furthering opportunity, it stifles economic growth. Instead of unleashing innovation and material abundance, its regulations and price controls create rigidity and scarcity. Not only are Big Government's inefficient and ever-expanding bureaucracies ill-equipped to deliver on their promises--they are often guilty of the very greed, excess, and corruption routinely ascribed to the private sector. The only way to a truly fair and moral society, the authors say, is through economic freedom--free people and free markets. Throughout history, open markets have helped the poor and everyone else by unleashing unprecedented creativity, generating wealth, and raising living standards. Promoting trust, generosity, and democracy, economic freedom has been a more powerful force for individual rights, self-determination--and humanity--than any government bureaucracy. Freedom Manifesto captures the spirit of a new movement that is questioning old ideas about the morality of government and markets for the first time since the Great Depression. Going beyond the familiar explanations and sound bites, the authors provide a fully developed framework of "first principles" for a true understanding of the real moral and ethical distinctions between more and less government. This timely and provocative book shows why free markets and liberty are the only way to a better future and a fair and humane society.
Freedom Not Yet: Liberation and the Next World Order
by Kenneth SurinThe neoliberal project in the West has created an increasingly polarized and impoverished world, to the point that the vast majority of its citizens require liberation from their present socioeconomic circumstances. The marxist theorist Kenneth Surin contends that innovation and change at the level of the political must occur in order to achieve this liberation, and for this endeavor marxist theory and philosophy are indispensable. In Freedom Not Yet, Surin analyzes the nature of our current global economic system, particularly with regard to the plight of less developed countries, and he discusses the possibilities of creating new political subjects necessary to establish and sustain a liberated world. Surin begins by examining the current regime of accumulation--the global domination of financial markets over traditional industrial economies--which is used as an instrument for the subordination and dependency of poorer nations. He then moves to the constitution of subjectivity, or the way humans are produced as social beings, which he casts as the key arena in which struggles against dispossession occur. Surin critically engages with the major philosophical positions that have been posed as models of liberation, including Derrida's notion of reciprocity between a subject and its other, a reinvigorated militancy in political reorientation based on the thinking of Badiou and Zizek, the nomad politics of Deleuze and Guattari, and the politics of the multitude suggested by Hardt and Negri. Finally, Surin specifies the material conditions needed for liberation from the economic, political, and social failures of our current system. Seeking to illuminate a route to a better life for the world's poorer populations, Surin investigates the philosophical possibilities for a marxist or neo-marxist concept of liberation from capitalist exploitation and the regimes of power that support it.
Freedom Reclaimed: Rediscovering the American Vision
by John E. SchwarzA political scientist examines how the meaning of freedom has changed in American discourse—and how we can reclaim our most treasured value.The vision of American freedom that the Founders enshrined in the Declaration of Independence is very different from the free-market idea of freedom that is ascendant today. In Freedom Reclaimed, John E. Schwarz examines the profound implications of this shift in political rhetoric. Schwarz shows how the three-decade shift toward free-market freedom has brought economic hardship to the majority of Americans and suffering to the political life of the nation. As the nation moves further away from its impelling original commitment, most Americans now have only limited access to the freedom the Founders envisioned.In policy discussions on employment, education, social issues, and health care, Schwarz recasts our understanding of what freedom means and involves. He then sets forth a program that can help America return to its ennobling vision and resume its historic journey.
Freedom Teaching: Overcoming Racism in Education to Create Classrooms Where All Students Succeed
by Matthew KincaidBuild an anti-racist and culturally responsive school environment In Freedom Teaching, educator and distinguished anti-racism practitioner Matthew Kincaid delivers a one-stop resource for educators and educational leaders seeking to improve equity and increase the cultural responsiveness of their school. In this book, you’ll discover the meaning and fundamentals of anti-racist education and find a roadmap to reducing the impact of systemic racism in your classroom. The author offers skills and tools he’s developed over the course of his lengthy career teaching anti-racist ideas to educators, providing readers with strategies that are effective at both the individual teacher and collective school community level. Readers will also find: ● A thorough introduction to the idea of Freedom Teaching and creating an education system that works for all students ● Strategies for building and maintaining anti-racist schools and classrooms ● Important social justice lessons from unsung activists An indispensable resource for educators, educational leaders, and anyone who wants to actualize change in our education system, Freedom Teachingbelongs in the libraries of the parents and families of students and teachers in training hoping for a better understanding on anti-racist concepts and ideas.
Freedom Train: Black Politics and the Story of Interracial Labor Solidarity
by Cedric De LeonRevealing the central role of Black activists in spurring interracial solidarity in the US labor movement. Most accounts of interracial solidarity focus on white union activists. In Freedom Train, Cedric de Leon, a former organizer and elected leader in the US labor movement, argues that we can't comprehend the history of workers' triumphs in the United States without investigating the role of Black liberation. This book shows that, from the early twentieth century to the years immediately following the March on Washington and beyond, independent Black labor organizations have pushed the white labor movement toward a fierce and effective interracial solidarity. Drawing on the minutes, correspondence, and speeches of Black labor activists and organizations from 1917 to 1968, de Leon reveals that Black people have been the most ardent and consistent proponents of racial inclusion, leadership representation, and programs linking economic and racial justice. He also demonstrates how conflict and consensus among Black labor groups fueled the fight for solidarity, as different factions split and consolidated to form successive and sometimes competing Black labor organizations. Freedom Train centers the contributions of Black people to the multiracial unions we have today and demonstrates that internal conflict can be a source of strategic innovation and social movement success.
Freedom Within a Framework: Hearing the Voice of the Customer on the Factory Floor
by Paul G. CafaroFreedom Within a Framework: Hearing the Voice of the Customer on the Factory Floor (978-0-367-08577-3, K406714) Shelving Guide: Business and Management/Customer Satisfaction/Quality This book shows you how to harmonize three business functions to address customer needs by using a novel approach that combines Design for Six Sigma (DFSS) and Continuous Improvement tools. The DFSS tool used is the Quality Function Deployment (QFD) process, which is also known as the House of Quality (HOQ). Although these are techniques reserved for the design of new products, the book illustrates how the HOQ helps translate exactly what customers specifically find important about your products. In addition, if customers are experiencing issues with that product, it helps map those issues and prioritizes the Critical to Quality (CTQ) parameters. Because the HOQs tie the Voice of the Customer to CTQs, it continues to connect to the product design and ends with manufacturing process variables. This linkage makes this idea and approach unique. Stopping there may show that there is linkage between the customer and manufacturing process variables, but moving ahead, we must also connect the functions within the business that provides the product. The book helps define the key business function as three large business functions that must work as one cohesive and unified team. These functions are: commercial (sales and marketing), R&D (product properties and services), and operations (product quality). Connecting these functions involves many colleagues, and a very effective communication process among the three is vital for the success of the product and customer satisfaction. Understanding the voice of the customer is paramount—not doing so could lead to product performance issues and loss of market share. In addition, repeated customer dissatisfaction permeates internal workplace culture—employees begin to feel that they are producing products disconnected from end users’ needs and wants.
Freedom and Adaptive Preferences (The Graz Schumpeter Lectures)
by Carl Christian von WeizsäckerTraditional welfare economics works with the assumption of the fully rational economic agent (homo economicus) whose preferences are fixed: that is, they are not influenced by their economic environment. To the contrary, this book presents a theory of welfare economics that maintains the principles of normative individualism while allowing for adaptive or changeable preferences.Why do economists talk of preferences? In this book, Carl Christian von Weizsäcker shows that the concept is intimately related to freedom of action. The concept of preferences is the mode by which normative economics introduces the idea of freedom or liberty into its theory of human interaction. Moreover, the economic research of recent decades has provided a large amount of experimental and other empirical findings – e.g. the work on bounded rationality – which contradicts the assumption of fixed preferences. This book argues that this large body of findings is consistent with the hypothesis of adaptive preferences. This, together with the proposition that adaptive preferences allow a generalization of traditional welfare economics, has implications for policy applications of behavioral economics based on “normative individualism”. Normative individualism is an approach which intrinsically connects with the value of liberty or freedom. It is argued that normative individualism is indispensable for a society of free citizens, thus providing the foundations of civil liberty.This book will be of great interest to readers of welfare economics, behavioral economics and economic theory.
Freedom and Capitalism in Early Modern Europe: Mercantilism and the Making of the Modern Economic Mind (Palgrave Studies in Economic History)
by Philipp Robinson RössnerThis book hinges upon ideas and discourses variously known under labels such as “Mercantilism” and “Cameralism”. Often viewed as antithesis of capitalism, inclusive institutions and good economy in the “West”, this book re-assembles them and builds them into a coherent origin story of modern capitalism. It explores the field of intellectual and conceptual history, especially the history of Renaissance and Mercantilism in a longer history of capitalism. Rather than hindrances, the author argues that Mercantilist and Cameralist political economies presented essential stepping stones of modern capitalism, in Britain and beyond. This book will be of interest to academics and students in general economic history, the history of capitalism, economic development and the history of economic thought.