![](https://assets.cambridge.org/97811080/53051/cover/9781108053051.jpg)
- Publisher:
- Cambridge University Press
- Online publication date:
- May 2013
- Print publication year:
- 2012
- First published in:
- 1896
- Online ISBN:
- 9781139381994
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Renowned economic historian and clergyman William Cunningham (1849–1919) published this work in 1896, which is considered a companion volume to his seminal Essay on Western Civilisation. Educated at Edinburgh, Cambridge and Tübingen, 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.
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