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Wealth and Life
Essays on the Intellectual History of Political Economy in Britain, 1848–1914


Part of Ideas in Context

  • Date Published: February 2009
  • availability: In stock
  • format: Paperback
  • isbn: 9780521715393

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About the Authors
  • Donald Winch completes the intellectual history of political economy begun in Riches and Poverty (1996). A major theme addressed in both volumes is the 'bitter argument between economists and human beings' provoked by Britain's industrial revolution. Winch takes the argument from Mill's contributions to the 'condition-of-England' debate in 1848 through to the work on economic wellbeing of Alfred Marshall. The writings of major figures of the period are examined in a sequence of interlinked essays that ends with consideration of the twentieth-century fate of the debate between utilitarians and romantics in the hands of Leavis, Williams and Thompson. Donald Winch is one of Britain's most distinguished historians of ideas, and Wealth and Life brings to fruition a long-standing interest in the history of those intellectual pursuits that have shaped the understanding of Britain as an industrial society, and continue to influence cultural responses to the moral questions posed by economic life.

    • Makes extensive use of unpublished archival material
    • Will appeal to readers with an interest in cultural, political, and economic history
    • Treats the subject from the unusual perspective of intellectual rather than doctrinal history
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    Reviews & endorsements

    'In this wide-ranging yet tightly argued and frequently brilliant work, Donald Winch presents an intellectual history of British political economy, from 1848–1914. … Winch's work, which combines fine-grained detail and lapidary prose with not inconsiderable empathy for this subjects, is a worthy addition to this exchange. It represents if not the definitive, certainly a definitive intellectual history of British political economy, from 1848–1914. Historians of economics and literature alike will profit greatly from this book.' Storia del pensiero economico

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    Product details

    • Date Published: February 2009
    • format: Paperback
    • isbn: 9780521715393
    • length: 440 pages
    • dimensions: 227 x 151 x 20 mm
    • weight: 0.69kg
    • contains: 17 b/w illus.
    • availability: In stock
  • Table of Contents

    Prologue: economists and human beings
    Part I. Mill's Principles:
    1. Sentimental enemies, advanced intellects, and falling profits
    2. Wild natural beauty, the religion of humanity, and unearned increments
    Part II. Three Responses to Mill:
    3. 'Poor cretinous wretch': Ruskin's antagonism
    4. 'Last man of the ante-Mill period': Walter Bagehot
    5. 'As much a matter of heart as head': Jevons's aversion
    Part III. Free Exchange and Economic Socialism:
    6. Louis Mallet and the philosophy of free exchange
    7. Henry Sidgwick and economic socialism
    Part IV. Foxwell and Marshall:
    8. The old generation of political economists and the new
    9. Wealth, wellbeing and the academic economist
    Part V. Heretics and Professionals:
    10. 'A composition of successive heresies': J. A. Hobson
    11. Academic minds
    Appendix: Mr Gradgrind and Jerusalem
    Bibliographic abbreviations and notes.

  • Author

    Donald Winch, University of Sussex
    Donald Winch is Emeritus Professor of Intellectual History at the University of Sussex and a Fellow of the British Academy.

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