'Economists owe a great debt to Ekelund and Price for making us aware of Edwin Chadwick's seminal contributions. Chadwick lived in the middle of the 19th century, but he anticipated many of the theoretical and practical advances that culminated in the law and economics revolution of the late 20th century. These include Coase's analysis of social cost and Demsetz's proposal for franchise bidding in natural monopolies. Read the summary of Chadwick's ideas about railroads and consider that Britain adopted many of them but only more than a century later (while the US continues to wallow in ignorance). The book is full of similar examples where Chadwick's prescience is extraordinary. Economists, legal scholars and practitioners, especially those working at the intersection of law and economics, will want to read this book.' – Sam Peltzman, University of Chicago, US Sir Edwin Chadwick (1800–1890) is hardly a household name among economists, although he is a well-known hero to sanitation engineers and utilitarian social reformers. His brilliant and cunning ideas relating to contemporary economic policy are illuminated for the first time in this pioneering study. The authors detail Chadwick's sophisticated conceptions of moral hazard, common pool problems, asymmetric information, and theory of competition, all of which differ starkly from those promulgated by Adam Smith and other classical economists. Also examined are Chadwick's views on government versus market role in dealing with problems created by natural monopoly, and whether some or all market problems justify government regulation or alterations of property rights. The authors investigate Chadwick's utilitarian approach to labor, business cycles, and economic growth, contrasting his modern view with those of his classical economic contemporaries. Chadwick's enormous output and cutting-edge methods undoubtedly establish him as an original and trenchant thinker in economic matters as well as a prophetic voice on contemporary issues in economics. This unique look at his less familiar research will interest academic regulatory economists, sociologists, students and scholars of law and economics, and all those interested in the fundamentals of social reform.

Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.

In Victorian London, filth was everywhere: horse traffic filled the streets with dung, household rubbish went uncollected, cesspools brimmed with "night soil," graveyards teemed with rotting corpses, the air itself was choked with smoke. In this intimately visceral book, Lee Jackson guides us through the underbelly of the Victorian metropolis, introducing us to the men and women who struggled to stem a rising tide of pollution and dirt, and the forces that opposed them. Through thematic chapters, Jackson describes how Victorian reformers met with both triumph and disaster. Full of individual stories and overlooked details--from the dustmen who grew rich from recycling, to the peculiar history of the public toilet--this riveting book gives us a fresh insight into the minutiae of daily life and the wider challenges posed by the unprecedented growth of the Victorian capital.

“[A] fusion of science, social, and medical history . . . fascinating . . . the understanding of and responses to cholera are covered in detail and with sensitivity” —The Victorian Web Discover the story of the disease that devastated the Victorian population, and brought about major changes in sanitation. Drawing on the latest scientific research and a wealth of archival material, Amanda J. Thomas uses first-hand accounts, blending personal stories with an overview of the history of the disease and its devastating after-effects on British society. This fascinating history of a catastrophic disease uncovers forgotten stories from each of the major cholera outbreaks in 1831–2, 1848–9, 1853–4 and 1866. Amanda J. Thomas reveals that Victorian theories about the disease were often closer to the truth than we might assume, among them the belief that cholera was spread by miasma, or foul air. “The book acts as a complete overview of cholera in Victorian Britain, taking a new, accessible approach to a topic previously covered predominately by academic researchers.” —Harpenden History

Providing context to today's public health practices and broad coverage of topics, this book demonstrates how cross-disciplinary studies are critical to addressing current health issues. The concepts of public health and the methods we use to care for and promote the health of people in communities, groups, and our nation as a whole are of interest to all health professionals. Comprising contributions from historians, scholars, researchers, sociologists, and other public health professionals, the Encyclopedia of Public Health: Principles, People, and Programs offers a firsthand, in-depth view of public health as it applies to everyday life and practice. The encyclopedia contains a wealth of information on critical theories, people, and movements and shows how various disciplines can work together to create healthy communities and practices for many people. As a secondary objective, the book encourages future generations to actively participate in public health. This reference covers the defining moments in the development of public health, from ancient times to the modern day, and offers entries with historical information and examinations of current controversies as they relate to recurring social conflicts. The entries provide a breadth and depth of content that is accessible to a wide readership. Readers will understand the benefits of physical activity and good nutrition as well as the psychology behind the choices that we make and how early life and social experiences can influence behaviors even decades after the event. The wide variety of topics covered includes the life expectancy of Americans at birth, the Tuskegee syphilis study, and marijuana use, and will give readers an informed perspective on past public health successes and likely directions for the future.

The rapidly changing and evolving art market might appear to be chaotic to the casual observer, with new highs, potential lows, and tastes and fashions changing season to season. Economists, however, view the actions of buyers and sellers as constituting an identifiable market. They have, for some decades, studied such issues as artistic productivity and "death effects" on prices, investment returns, and on the basis of the behavior and estimated prices in auction markets. The Economics of American Art analyzes the most pervasive economic issues facing the art world, applied to the whole spectrum of American art. The book begins by looking at how a market for American art developed, how the politics of the post-war era shaped, at least in large part, the direction of American art, and how this legacy continues into contemporary art today. The book then tackles several salient, integral questions animating the American art world: Are age and "type" of artist (i.e. traditional or "innovative") related and, if so, how might they be related to productivity? Is investment in American art a remunerative endeavor compared to other investment possibilities? Do economic insights provide understanding of fakes, fraud and theft of art, particularly American art, and is it possible to prevent art crime? Is there is a boom (or a bust) in the market for contemporary American art as might be found in other markets? The ongoing evolution of American art is attended by a massive number of influences, and the economic concepts employed in this volume will complement other critical and important cultural studies of art. Both practical and accessible, The Economics of American Art will be essential for collectors, auction houses, American art experts of all kinds, museums, gallery owners and, not least, by economists with continuing scholarly interests in these matters.

A comprehensive four-volume resource that explains more than 800 topics within the foundations of economics, macroeconomics, microeconomics, and global economics, all presented in an easy-to-read format. As the global economy becomes increasingly complex, interconnected, and therefore relevant to each individual, in every country, it becomes more important to be economically literate—to gain an understanding of how things work beyond the microcosm of the economic needs of a single individual or family unit. This expansive reference set serves to establish basic economic literacy of students and researchers, providing more than 800 objective and factually driven entries on all the major themes and topics in economics. Written by leading scholars and practitioners, the set provides readers with a framework for understanding economics as mentioned and debated in the public forum and media. Each of the volumes includes coverage of important events throughout economic history, biographies of the major economists who have shaped the world of economics, and highlights of the legislative acts that have shaped the U.S. economy throughout history. The extensive explanations of major economic concepts combined with selected key historical primary source documents and a glossary will endow readers with a fuller comprehension of our economic world.

"Understanding the Victorians paints a vivid portrait of the era, combining broad surveys with close analysis, and introduces students to the critical debates taking place among historians today. Focusing not just on England but on the whole of Great Britain and Ireland it emphasises class, gender, and racial and imperial positioning as constitutive of human relations. This book encompasses the whole of the Victorian period giving equal prominence to social and cultural topics alongside the politics and economics. Starting with the Queen Caroline Affair in 1820 and coming right up to the start of World War I in 1914, Susie L. Steinbach uses thematic chapters to discuss and evaluate, the economy, gender, religion, the history of science and ideas, material culture and sexuality. Steinbach also provides much-needed chapters on consumption, which links consumption with production, on law, which explains the legal culture and trials of criminal and scandalous cases and on space which draws to together the most current research in Victorian studies"--Provided by publisher.

An instant "New York Times" bestseller, from the author of "A Beautiful Mind": a sweeping history of the invention of modern economics that takes readers from Dickens' London to modern Calcutta.