“Winner of the 2011 David and Elaine Spitz Prize, International Conference for the Study of Political Thought”
“This is an important, sound analysis of the interrelation between political and economic theory in the century after Adam Smith. . . . This book exemplifies the best contemporary work on the nexus of political and economic theory.” ―
Choice
“Milgate and Stimson produce a very careful and detailed analysis of early economists’ ideas on issues shaping the modern concept of the political order, in the process displaying a rich array of competing ideas. . . . [T]his book provides a striking perspective on classical political economy. The reader will benefit from some prior familiarity with Smith, Malthus, Ricardo and J. S. Mill, along with the Utilitarians.”
—Donald Frey, EH.net
“In the last decade, scholars have moved away from the interpretation of Smith as a simple economic determinist who espoused
lasissez-faire economics, and Milgate and Simpson have advanced their undertaking immensely with this book.”—Donald Stabile, Australian Economic History Review
“Milgate and Stimson have undertaken . . . enormous scholarship in writing their book. Scholars and students of the history of economic ideas, as well as of the history of political economy and political thought in nineteenth-century Europe can benefit enormously from this book.”
—Farhad Rassekh, History of Economic Ideas
“[M]asterful. . . . [After Adam Smith] is far more than a historical reconstruction: Milgate and Stimson provide new insights about how the complex relations between liberal democratic politics and market institutions might be construed. The book’s deeply informed reflection on nineteenth century debates about modern capitalism is a major contribution to our understanding of political economy in the liberal democratic tradition.”―from 2011 David and Elaine Spitz Prize Award citation
“[T]horough and stimulating . . . readers unfamiliar with these debates can glean a great deal from [Milgate and Stimson].”
―Gavin Kennedy, Adam Smith’s Lost Legacy
“This work represents the best of contemporary scholarship on the history of political, economic, and social thought. A signal contribution of this book is the demonstration of how far Smith’s original vision was from the image that has been conveyed in so much of the secondary literature and which has come to inform contemporary views of markets and politics. Milgate and Stimson have provided an indispensable resource for thinking through the issues manifest in the recent revival of concerns with political economy and its significance for democratic theory.”
―John G. Gunnell, University at Albany, State University of New York
“
After Adam Smith is a superior piece of scholarship, engagingly written and impressively erudite. Milgate and Stimson are first-rate historians of economic ideas.”―Ian Shapiro, Yale University
“This is a fascinating and elegant study of the development of political economy and its relationship to political thought. It is a major contribution to economic and political theory, and to the often neglected but hugely important intersections between the two. It tells a compelling and original story, based on extensive scholarship as well as acute competence in economics.”
―Hannah Dawson, University of Edinburgh
From the Back Cover
“[M]asterful. . . . [After Adam Smith] is far more than a historical reconstruction: Milgate and Stimson provide new insights about how the complex relations between liberal democratic politics and market institutions might be construed. The book’s deeply informed reflection on nineteenth century debates about modern capitalism is a major contribution to our understanding of political economy in the liberal democratic tradition.”–from 2011 David and Elaine Spitz Prize Award citation
“[T]horough and stimulating . . . readers unfamiliar with these debates can glean a great deal from [Milgate and Stimson].”–Gavin Kennedy, Adam Smith’s Lost Legacy
“This work represents the best of contemporary scholarship on the history of political, economic, and social thought. A signal contribution of this book is the demonstration of how far Smith’s original vision was from the image that has been conveyed in so much of the secondary literature and which has come to inform contemporary views of markets and politics. Milgate and Stimson have provided an indispensable resource for thinking through the issues manifest in the recent revival of concerns with political economy and its significance for democratic theory.”–John G. Gunnell, University at Albany, State University of New York
“After Adam Smith is a superior piece of scholarship, engagingly written and impressively erudite. Milgate and Stimson are first-rate historians of economic ideas.”–Ian Shapiro, Yale University
“This is a fascinating and elegant study of the development of political economy and its relationship to political thought. It is a major contribution to economic and political theory, and to the often neglected but hugely important intersections between the two. It tells a compelling and original story, based on extensive scholarship as well as acute competence in economics.”–Hannah Dawson, University of Edinburgh
About the Author
Murray Milgate is fellow at Queens’ College, University of Cambridge. Shannon C. Stimson is professor of political science and the history of political thought at the University of California, Berkeley.
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