{"title":"Patrick Spread","description":null,"products":[{"product_id":"evolution-of-economies-book-patrick-spread-9781138122918","title":"The Evolution of Economies","description":"\u003cp\u003eIt is clear even to casual observation that economies evolve from year to year and over centuries. Yet mainstream economic theory assumes that economies always move towards equilibrium. One consequence of this is that mainstream theory is unable to deal with economic history. \u003c\/p\u003e\u003cp\u003eThe Evolution of Economies provides a clear account of how economies evolve under a process of support-bargaining and money-bargaining. Both support-bargaining and money-bargaining are situation-related - people determine their interests and actions by reference to their present circumstances. This gives the bargaining system a natural evolutionary dynamic. Societies evolve from situation to situation. Historical change follows this evolutionary course.\u003c\/p\u003e\u003cp\u003eA central chapter of the book applies the new theory in a re-evaluation of the industrial revolution in Britain, showing how specialist money-bargaining agencies, in the form of companies, evolved profitable formats and displaced landowners as the leading sources of employment and economic necessities. Companies took advantage of the evolution of technology to establish effective formats.\u003c\/p\u003e\u003cp\u003eThe book also seeks to establish how it came about that a ‘mainstream’ theory was developed that is so wildly at odds with the observable features of economic history and economic exchange. Theory-making is described as a process of ‘intellectual support-bargaining’ in which theory is shaped to the interests of its makers. The work of major classical and neoclassical economists is contested as incompatible with the idea of an evolving money-bargaining system. The book reviews attempts to derive an evolutionary economic theory from Darwin’s theory of evolution by natural selection.\u003c\/p\u003e\u003cp\u003eNeoclassical economic theory has had enormous influence on the governance of societies, principally through its theoretical endorsement of the benefits of ‘free markets’. An evolutionary account of economic processes should change the basis of debate. The theory presented here will be of interest immediately to all economists, whether evolutionary, heterodox or neoclassical. It will facilitate the work of economic historians, who complain that current theory gives no guidance for their historical investigations. Beyond the confines of professional theory-making, many will find it a revelatory response to questions that have hitherto gone unanswered. \u003c\/p\u003e","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51212102992145,"sku":"NIN9781138122918","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52614138396945,"sku":"NLS9781138122918","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1138122912.jpg?v=1786700619"},{"product_id":"economics-anthropology-and-the-origin-of-money-as-a-bargaining-counter-book-patrick-spread-9781032322308","title":"Economics, Anthropology and the Origin of Money as a Bargaining Counter","description":"This book argues that money originated as a bargaining counter in a system of money-bargaining, emerging almost seamlessly from barter-bargaining. This book will be of great interest to researchers in the history and origins of money, banking and economic theory more broadly.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51225473417489,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51225475449105,"sku":"NIN9781032322308","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ GARDNERS","offer_id":52110920745233,"sku":"NGR9781032322308","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52591735111953,"sku":"NLS9781032322308","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/B0BLTFLB1J.jpg?v=1786089154"},{"product_id":"evolution-of-economies-book-patrick-spread-9780367668556","title":"The Evolution of Economies","description":"The Evolution of Economies provides a clear account of how economies evolve under a process of support bargaining and money bargaining. They both allow people to determine their interests and requirements by reference to their present circumstances. This gives the bargaining system a natural evolutionary dynamic, allowing society to evolve from","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52532379812113,"sku":"NLS9780367668556","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":53367960469777,"sku":"NIN9780367668556","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780367668556.jpg?v=1786101967"},{"product_id":"financial-support-bargaining-and-the-anatomy-of-four-major-crises-book-patrick-spread-9783031922886","title":"Financial Support-Bargaining and the Anatomy of Four Major Crises","description":"\u003cp\u003eThis book takes a detailed look at four major financial crises—the twin crises of the South Sea Bubble in Britain and the Mississippi Bubble in France in 1720; the Great Crash of 1929 and the subsequent Great Depression; and the Global Financial Crisis of 2007-9. It traces the evolution and causes of the crises by reference to a theory of support-bargaining and money-bargaining, set out in earlier work, but reintroduced here with specific reference to financial crises. Two early chapters focus on theoretical issues. The work of prominent theorists, including John Law and J. M. Keynes, is evaluated.\u003c\/p\u003e\n\u003cp\u003eA fundamental problem of neoclassical theory is its failure to accommodate time disparities, and consequent credit requirements, in economic transactions. This has necessitated theoretical separation of a ‘real economy’ from financial markets. The separation renders neoclassical economists blind to financial services, and hence to the dynamics of financial crises. In support-bargaining and money-bargaining, the ‘real economy’ and financial services are seamlessly linked.\u003c\/p\u003e\n\u003cp\u003eThe book shows how the theory of support-bargaining and money-bargaining provides a clear and consistent explanation of the incidence of financial crises. Since financial crises are not exceptional events, the wider aim of the book is to convince social scientists that, in explaining financial crises, the theory of support-bargaining and money-bargaining provides also a superior explanation of the functioning of economies and societies in quieter times. It will appeal particularly to those many economists who find the prevalent neoclassical model of economic transactions inconsistent with the observable functioning of economies.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52535347085585,"sku":"NLS9783031922886","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783031922886.jpg?v=1786102835"},{"product_id":"starter-on-support-bargaining-and-money-bargaining-in-twenty-eight-digestible-bi-book-patrick-spread-9783030052300","title":"A Starter on Support-Bargaining and Money-Bargaining in Twenty-Eight Digestible Bites","description":"This book provides an introduction to the theory of support-bargaining and money-bargaining. Intellectual support-bargaining is the process by which support is assembled for ideas and theories.  Mainstream economic theory, or neoclassical theory, can be seen as formulated to advance individual interest.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52587366973713,"sku":"NLS9783030052300","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":53037288980753,"sku":"NIN9783030052300","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783030052300.jpg?v=1785898673"},{"product_id":"support-bargaining-economics-and-society-book-patrick-spread-9781138243583","title":"Support-Bargaining, Economics and Society","description":"\u003cp\u003e\u003cem\u003eSupport-Bargaining, Economics and Society\u003c\/em\u003e links support-bargaining to Darwin's theory of natural selection and traces the implications of support-bargaining and money-bargaining across society. It provides a wholly different account of the functioning of human societies from anything that has gone before. Social scientists, ever since there have been such people, have missed the crucial human characteristic – the propensity to seek support – that has given rise to group formation and the evolution of human society.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":54066071634193,"sku":"NLS9781138243583","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":54068464746769,"sku":"NIN9781138243583","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781138243583.jpg?v=1786443253"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-patrick-spread.oembed","provider":"World of Books ","version":"1.0","type":"link"}