Table Of ContentECONOMISTS IN PARLIAMENT
IN THE LIBERAL AGE
(1848-1920)
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Economists in Parliament
in the Liberal Age
(1848-1920)
Edited by
MASSIMO M. AUGELLO
MARCO E.L. GUIDI
Università di Pisa, Italy
First published 2005 by Ashgate Publishing
Published 2016 by Routledge
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Copyright © 2005 Massimo M. Augello and Marco E.L. Guidi
Massimo M. Augello and Marco E.L. Guidi have asserted their right under the
Copyright, Designs and Patents Act, 1988, to be identified as the editors of this work
All rights reserved. No part of this book may be reprinted or reproduced or utilised
in any form or by any electronic, mechanical, or other means, now known or
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British Library Cataloguing in Publication Data
Economists in parliament in the liberal age (1848-1920)
1. Economists - Political activity - History - 19th century
2. Economists - Political activity - History - 20th century
3. Economics - Political aspects - History - 19th century
4. Economics - Political aspects - History - 20th century
5. Legislators - History - 19th century 6. Legislators -
History - 20th century 7. Economists - Biography
8. Legislators - Biography
I. Augello, Massimo M. II. Guidi, Marco E. L. (Marco Enrico
Luigi), 1958-
330'.0922
Library of Congress Control Number: 2005929793
ISBN 9780754639657 (hbk)
I SBN 9781138258877 (pbk)
Contents
List of Contributors vii
Foreword xi
1 Economists in Parliament in the Liberal Age:
A Comparative Perspective
Massimo M. Augello and Marco E.L. Guidi 1
2 Political Economy in Portuguese Parliamentary Debates (1820-1910)
António Almodovar and José Luís Cardoso 27
3 Economists in the Belgian Parliament (1831-1918)
Guido Erreygers and Bert Mosselmans 49
4 Chair, Tribune and Seat:
Spanish Economists in Parliament (1844-1923). An Exploration
Salvador Almenar 75
5 Economists in Parliament in Britain (1848-1914)
Roger E. Backhouse 103
6 French Economists in Parliament from the Second Republic
to the Outbreak of the Great Crisis (1848-1929)
Yves Breton 129
7 German Economists in Parliament (1848-1918)
Harald Hagemann and Matthias Rösch 163
8 Economists and Political Economy in the Italian Parliament
from the Unification to the Rise of the Fascism (1861-1922)
Massimo M. Augello and Marco E.L. Guidi 191
9 Economists in the Greek Parliament (1862-1910):
The Men and Their Views on Fiscal and Monetary Policy
Michalis Psalidopoulos and Adamantios Syrmaloglou 229
10 Economists in the Japanese Diet (1890-1930):
The Debate on Adoption of the Gold Standard
Jiro Kumagai 259
vi Economists in Parliament in the Liberal Age
11 The American Anomaly:
Why were there no Economists in the US Congress?
Bradley W. Bateman 289
Index of Names 303
List of Contributors
Salvador Almenar, born 1949, is Professor of History of the Economic Thought at
the University of Valencia, Spain. He has recently published several works on
classical, industrialist and Keynesian economics, and on the history of economet-
rics in Spain. He is co-editor and contributor of the important collection on the
history of Spanish economic thought entitled Economía y economístas españoles
(Galaxia Gutenberg – Funcas, Barcelona 1999-2000), and member of the Advisory
Board of The European Journal of the History of Economic Thought.
António Almodovar, born 1953, is Professor of History of Economic Thought at
the University of Porto, Portugal. He is a specialist of the history of economic
thought in Portugal. He has published A Institucionalização da Economia Política
Clássica em Portugal (Edições Afrontamento, Porto 1995), co-authored A History
of Portuguese Economic Thought (Routledge, London 1998), and edited Estudos
sobre o pensamento económico em Portugal (Facultade de Economia, Universida-
de do Porto, Porto 1990). He is a member of the Editorial Board of The European
Journal of the History of Economic Thought.
Massimo M. Augello, born 1949, is Professor of History of Economic Thought at
the University of Pisa, Italy. He has published books and articles on the French
industrialist school and the Italian economic thought. He is also the author of
Joseph Alois Schumpeter. A Reference Guide (Springer, Berlin 1990). He has
recently co-edited The Spread of Political Economy and the Professionalisation of
Economists (Routledge, London 2001), La scienza economica in Parlamento 1861-
1922 (Angeli, Milan 2002), and Gli economisti in Parlamento 1861-1922 (Angeli,
Milan 2003). He is the managing editor of Il pensiero economico italiano and
member of the Advisory Board of History of Economic Ideas and Storia del
pensiero economico.
Roger E. Backhouse, born 1951, is Professor of the History and Philosophy of
Economics at the University of Birmingham, England. He has recently published
The Penguin History of Economics (Penguin, London 2002, available in the USA
as The Ordinary Business of Life, Princeton University Press), and co-edited
Toward a History of Applied Economics (Duke University Press, Durham, NC 2000)
and Macroeconomics and the Real World (Oxford University Press, New York
2000). He is currently editing (with Bradley Bateman) The Cambridge Companion
to Keynes. He has been review editor of the Economic Journal, and editor of the
Journal of Economic Methodology, and is associate editor of the Journal of the
History of Economic Thought.
viii Economists in Parliament in the Liberal Age
Bradley W. Bateman, born 1956, is Gertrude B. Austin Professor of Economics at
Grinnell College, Iowa, USA. For many years, his research focused on J.M.
Keynes. Currently, most of his work focuses on the influence of religion in the
formation of professional economics in America. Among his recent publications
there are Keynes’s Uncertain Revolution (Un. of Michigan Press, Ann Arbor
1996), ‘Clearing the Ground: The Demise of the Social Gospel Movement and the
Rise of Neoclassicism in American Economics’ (History of Political Economy,
1998), ‘Bringing in the State?: The Life and Times of Laissez-Faire in the 19th
Century United States’ (History of Political Economy, 2005).
Yves Breton, born 1942, is Research Director at CNRS, Centre Auguste et Léon
Walras, University of Lyon 2, France. He is a specialist in the history of French
economic thought (1800-1940). He co-edited L’économie politique en France au
XIXe siècle (Economica, Paris 1991), and La longue stagnation en France. L’autre
grande dépression (1873-1897) (Economica, Paris 1997). With Gérard Klotz and
other researchers of the École Nationale Supérieure des Ponts et Chaussées, he is
working to the critical edition of Jules Dupuit’s works (1804-1866).
José Luís Cardoso, born 1956, is Professor of Economics at the Technical Univer-
sity of Lisbon, Portugal. He has published several articles and books on the history
of economic thought in Portugal: O pensamento económico em Portugal nos finais
do seculo XVIII (Estampa, Lisboa 1989); Pensar a economia en Portugal:
digressões históricas (Difel, Miraflores 1997). He is co-author of A History of
Portuguese Economic Thought (Routledge, London 1998). He is the general editor
of the series Classics of Portuguese Economic Thought, and managing editor of
The European Journal of the History of Economic Thought.
Guido Erreygers, born 1959, is Professor of Economics at the University of
Antwerp, Belgium. He obtained his PhD from the Université Paris X - Nanterre.
His main fields of research include the history of economic thought, linear produc-
tion models, and basic income/basic capital. He widely published on international
journals such as The European Journal of the History of Economic Thought,
Journal of Economics and The Manchester School.
Marco E.L. Guidi, born 1958, is Professor of History of Economic Thought at the
University of Pisa, Italy. He has published books and articles on Bentham and
classical utilitarianism and the Italian economic thought. He has recently co-edited
The Spread of Political Economy and the Professionalisation of Economists
(Routledge, London 2001), La scienza economica in Parlamento 1861-1922
(Angeli, Milan 2002), and Gli economisti in Parlamento 1861-1922 (Angeli, Milan
2003). He is chief-editor of Il pensiero economico italiano and member of the
Editorial Board of The European Journal of the History of Economic Thought, and
of the Advisory Board of Storia del pensiero economico.
List of Contributors ix
Harald Hagemann, born 1947, is Professor of Economic Theory at the University
of Hohenheim, Stuttgart, Germany. He is also a Life Member of Clare Hall, Uni-
versity of Cambridge and Research Professor at the German Institute for Economic
Research DIW in Berlin. His main areas of research are growth, structural change,
new technologies and employment and the history of economic analysis. He is
editor of Business Cycle Theory. Selected Texts 1860-1939 (4 vols, Pickering &
Chatto, London 2002) and co-editor of Growth Theory and Growth Policy
(Routledge, London 2003). He is a member of the Council of the European Society
of the History of Economic Thought and of the Editorial Board of The European
Journal of the History of Economic Thought.
Jiro Kumagai, born 1938, is Professor of Economic History at St Andrews Uni-
versity, Osaka, Japan. He has published many works on the economic history and
on the history of economic thought in nineteenth-century Japan. He also contrib-
uted to S. Sugihara and T. Tanaka (eds), Economic Thought and Modernization in
Japan (Elgar, Cheltenham 1998).
Bert Mosselmans, born 1969, is Associate Professor of Economics and Philoso-
phy at the Roosevelt Academy in Middelburg, the liberal arts and sciences honours
college of the University of Utrecht. His main field of research is the history of
economic thought. He prepared his PhD on William Stanley Jevons at the Free
University of Brussels, published widely in international journals and books and
held previous positions at the Universities of Bristol, Antwerp and Utrecht.
Michalis Psalidopoulos, born 1950, is Professor of History of Economic Thought
at Panteion University of Political and Social Sciences, Athens, Greece. His re-
search focuses on national traditions in the history of economics, especially in
Greece and the relation between economic thought and economic policy. He co-
edited Economic Thought and Policy in Less Developed Europe. The 19th Century
(Routledge, London 2003). His most recent article is ‘The Society for the Freedom
of Trade in Greece, 1865-67. Rise, Activities, Decline’ (Journal of the History of
Economic Thought, 2005).
Matthias Rösch, born 1973, is Ph.D. of Economics at the University of Hohen-
heim, Stuttgart. His doctoral thesis concerning investment wage and profit sharing
schemes was published in 2004. In 2000 he made postgraduate studies at the
University of Bologna. Together with Harald Hagemann he contributed an article
on ‘The Reception of Italian economic thought in Germany and Austria from 1900
to the Second World War’ to P.F. Asso (ed.), From Economists to Economists. The
International Spread of Italian Economic Thought, 1750-1950 (Polistampa,
Firenze 2001).
Adamantios Syrmaloglou, born 1974, is a Ph.D. candidate at the Department of
Sociology, Panteion University of Political and Social Sciences, Athens, Greece.
