Capitalism Culture and Decline in Britain or Intertemporal Macroeconomics

Capitalism, Culture and Decline in Britain: 1750-1990

Author: W D Rubinstein

Capitalism, Culture and Decline in Britain is an original and controversial analysis of the thesis, made familiar in recent years by Martin J. Wiener, Anthony Sampson, Correlli Barnett, and others, which states that Britain's alleged economic decline since 1870 was the result of deep-seated anti-industrial factors in Britain's culture. Rubinstein argues, from a novel perspective, that Britain was never an industrial, but always a commercial/financial economy whose comparative advantage lay within that area.

Rubinstein illustrates that the much-criticized features of Britain's class system, such as the public schools, were actually efficient instruments to enhance this competitive advantage. He closely examines Britain's cultural values and elite structures to demonstrate that these were both rational and modern, arguing that Britain's standard of living has been virtually identical to all countries whose economies have been considered more "successful." Emphasizing the centralimportance of London-based finance and addressing socialism, Keynesianism, and Thatcherism, Capitalism, Culture, and Decline in Britain presents an original and challenging contribution to this debate.

Table of Contents:

	List of tables
	Preface
1	The British Economy since Industrialisation and the 'Cultural Critique'	1
2	British Culture and Economic Performance	45
3	Education, the 'Gentleman', and British Entrepreneurship	102
4	Elites and the Evolution of the British Economy	140
	Notes	163
	Index	179

Book about: The Outsourcing Process or Dirty Business

Intertemporal Macroeconomics

Author: Costas Azariadis

Intertemporal Macroeconomics is the first text to offer a unified and systematic exposition of the key issues, both traditional and new, in dynamic macroeconomics. Based on neoclassical growth theory, the book is designed for graduate and advanced undergraduate students in macroeconomics and finance.