TY - JOUR A1 - Paganelli, Maria Pia A1 - Schumacher, Reinhard T1 - The vigorous and doux soldier BT - David Hume’s military defence of commerce JF - History of European ideas N2 - If war is an inevitable condition of human nature, as David Hume suggests, then what type of societies can best protect us from defeat and conquest? For David Hume, commerce decreases the relative cost of war and promotes technological military advances as well as martial spirit. Commerce therefore makes a country militarily stronger and better equipped to protect itself against attacks than any other kind of society. Hume does not assume commerce would yield a peaceful world nor that commercial societies would be militarily weak, as many contemporary scholars have argued. On the contrary, for him, military might is a beneficial consequence of commerce. KW - Trade and conflict KW - commercial peace KW - David Hume KW - doux commerce KW - cost of war KW - martial spirit Y1 - 2018 U6 - https://doi.org/10.1080/01916599.2018.1509225 SN - 0191-6599 SN - 1873-541X VL - 44 IS - 8 SP - 1141 EP - 1152 PB - Routledge, Taylor & Francis Group CY - Abingdon ER - TY - JOUR A1 - Paganelli, Maria Pia A1 - Schumacher, Reinhard T1 - Do not take peace for granted BT - Adam Smith’s warning on the relation between commerce and war JF - Cambridge journal of economics N2 - Is trade a promoter of peace? Adam Smith, one of the earliest defenders of trade, worries that commerce may instigate some perverse incentives, encouraging wars. The wealth that commerce generates decreases the relative cost of wars, increases the ability to finance wars through debts, which decreases their perceived cost, and increases the willingness of commercial interests to use wars to extend their markets, increasing the number and prolonging the length of wars. Smith, therefore, cannot assume that trade would yield a peaceful world. While defending and promoting trade, Smith warns us not to take peace for granted. KW - Commercial peace KW - Adam Smith KW - Doux commerce KW - Perceived cost versus actual cost of war KW - Special interests Y1 - 2018 U6 - https://doi.org/10.1093/cje/bey040 SN - 0309-166X SN - 1464-3545 VL - 43 IS - 3 SP - 785 EP - 797 PB - Oxford Univ. Press CY - Oxford ER - TY - JOUR A1 - Scheall, Scott A1 - Schumacher, Reinhard T1 - Karl Menger as Son of Carl Menger JF - History of political economy N2 - Relatively little is known about the relationship between Carl Menger, founder of the Austrian school of economics, and his son, Karl Menger, the mathematician, geometer, logician, and philosopher of science, whose mathematical colloquium at the University of Vienna was essential for the development of mathematical economics. Based on Karl Menger’s diaries and correspondence, the present paper considers the development and struggles of the young Karl Menger, focusing on the years 1919–23, when Vienna was a vanquished city. We discuss the various relations within the Menger family and their significance for Karl Menger’s intellectual development. Additionally, we consider his acquaintances with economists such as Knut Wicksell, David Davidson, and Eli Heckscher as well as the younger Menger’s work in economics. We shed new light on his editorship of the second edition of his father’s Grundsätze der Volkswirtschaftslehre. Y1 - 2018 U6 - https://doi.org/10.1215/00182702-7202512 SN - 0018-2702 SN - 1527-1919 VL - 50 IS - 4 SP - 649 EP - 678 PB - Duke Univ. Press CY - Durham ER - TY - JOUR A1 - Schumacher, Reinhard T1 - Rezension zu: Dale, Gareth: Karl Polanyi: a life on the left. - New York: Columbia University Press, 2016. - xii, 381 S. - ISBN: 978-0-231-17608-8 JF - Journal of the history of economic thought Y1 - 2018 U6 - https://doi.org/10.1017/S1053837217000220 SN - 1053-8372 SN - 1469-9656 VL - 40 IS - 2 SP - 296 EP - 298 PB - Cambridge Univ. Press CY - New York ER -