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North Castle Books

The Moral Philosophy of Management: From Quesnay to Keynes
Authored by: Pierre Guillet de Monthoux

Cloth ISBN: 978-1-56324-081-2 Paper ISBN: 978-1-56324-377-6
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USD: $107.95 USD: $50.95
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Information: 328pp. Index.
Publication Date: October 1993.  


Description: This book explores the foundation of European management philosophy at a dramatic moment in European history: the Cold War has ended and Western capitalism has triumphed over communism. The book reflects on the role of business and management that has emerged in Western capitalism and searches for the roots of moral philosophy and the philosophies of management derived from the history of economic thought. It traces ideas from the late eighteenth-century works, Quesnay and Smith, down through the nineteenth-century to the present. The closing chapter of the book sets out ten principles for tight management in a socio-economic doctrine of ideal enterprise and good management.

Selected Contents:

1. The Physiocrats' Theory of the Farm
2. Pleasure and Enterprise: The Foundation for "The Wealth of Nations"
3. Men, Food, or Machines: Entrepreneurs Who Saved Profits but Destroyed the Economy
4. Karl Marx: A Ricardian Management Scientist
5. Good Management in Harmonic Stagnation: Business Economics and Ethology in John Stuart Mill
6. From Bookkeeping to General Equilibrium: Management in the Doctrine of Leon Walras
7. Enterprise against Stagnation: On management of Productivity and Risk in Alfred Marshall's Theory
8. Managers as Officers of the State: The Role of Enterprise in Gustav Schmoller's Prussian Theory
9. Self-Management and the Hope for Moral Emancipation: Charles Gide's Social Economy
10. The Amoral, Calculating Manager: Rational Decision Making in Gunnar Myrdal's Walrasian Theory
11. Enterprise as Adventure, or, The Golden Calf Dance in John Maynard Keynes' General Theory
12. The Socio-Economic Doctrine on Ideal Enterprise and Good Management: A Summary of Concrete Economy from Quesnay to Keynes.

Comment(s): "...very well written, if not fascinating ... an excellent job; [the author] has done the nearly impossible of almost writing a novel about the history of economic ideas ... the ideas truly come alive ... it's interesting reading" -- Dr. Ian I. Mitroff, University of Southern California, Los Angeles

"... a grand tour of our socially constructed understandings of economic issues that justify our reliance on business firms. The result is sobering and provocative, an intense experience and broad in scope." -- Roger Dunbar, New York University

Review(s): "Clearly written with helpful divisions and summaries in each chapter. ... helpful for studying the history of economics or management, as well as for exploring the philosophy of commercial society." -- Choice

"An extremely good read. ... The book contains quite considerable interesting biographical material on leading economists. ... A stimulating book. ... It is surprising that a book of this kind can still be published ... given the enormous pressures for conformity. ... It is encouraging to realise ... that there are still reputable publishers who are willing to give [authors with unfashionable ideas] a platform." -- Journal of International Business Studies

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