Modern Civilization in Some of Its Economic Aspects

Renowned economic historian and clergyman William Cunningham (18491919) published this work in 1896 which is considered a companion volume to his seminal Essay on Western Civilisation. Educated at Edinburgh Cambridge and Tbingen Cunningham wrote widely on theology and economics. He was a Cambridge lecturer and fellow at Trinity Professor of Economics at King''s College London a teacher at Harvard a founding fellow of the British Academy and President of the Royal Historical Society. Favouring historical empiricism over deductive theory his work labelled neo-mercantilist was against laissez-faire and favoured economic regulation social religion and conservative incremental change. This book outlines these views as part of an analysis of the basic units of economic life exchange possessions money credit selling price labour trade profit interest rent wages and how these interact within capitalism. The work strongly influenced contemporary thought and remains relevant in the historiography of economics.