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Case | HBS Case Collection | October 2018

Nauru: Paradise Lost

by Sophus A. Reinert, Dawn H. Lau, Courtney Basanovic and Julie Kheyfets

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Keywords: Nauru; Marcus Stephen; Nauru;

Language: English Format: Print 53 pages Educators

Citation:

Reinert, Sophus A., Dawn H. Lau, Courtney Basanovic, and Julie Kheyfets. "Nauru: Paradise Lost." Harvard Business School Case 719-009, October 2018.

About the Author

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Sophus A. Reinert
Marvin Bower Associate Professor
Business, Government and the International Economy

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More from the Author

  • Article | Harvard Business School Working Knowledge | December 11, 2018

    Free Trade Needs Nurturing—and Other Lessons from History

    Sophus A. Reinert and Dante Roscini

    Citation:

    Reinert, Sophus A., and Dante Roscini. "Free Trade Needs Nurturing—and Other Lessons from History." Harvard Business School Working Knowledge (December 11, 2018).  View Details
    CiteView Details Read Now Related
  • Book | 2018

    The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy

    Sophus A. Reinert

    The terms “capitalism” and “socialism” continue to haunt our political and economic imaginations, but we rarely consider their interconnected early history. Even the 18th century had its “socialists,” but unlike those of the 19th, they paradoxically sought to make the world safe for “capitalists.” The word “socialists” was first used in Northern Italy as a term of contempt for the political economists and legal reformers Pietro Verri and Cesare Beccaria, author of the epochal On Crimes and Punishments. Yet the views and concerns of these first socialists, developed inside a pugnacious intellectual coterie dubbed the Academy of Fisticuffs, differ dramatically from those of the socialists that followed. I turn to Milan in the late 1700s to recover the Academy’s ideas and the policies they informed. At the core of their preoccupations lay the often lethal tension among states, markets, and human welfare in an era when the three were becoming increasingly intertwined. What distinguished these thinkers was their articulation of a secular basis for social organization, rooted in commerce, and their insistence that political economy trumped theology as the underpinning for peace and prosperity within and among nations. I argue that the Italian Enlightenment, no less than the Scottish, was central to the emergence of political economy and the project of creating market societies. By reconstructing ideas in their historical contexts, I address motivations and contingencies at the very foundations of modernity.

    Keywords: enlightenment; political economy; Italy; commercial society; Economic Systems; Trade; History; Markets; Society; Italy;

    Citation:

    Reinert, Sophus A. The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy. Cambridge, MA: Harvard University Press, 2018.  View Details
    CiteView DetailsFind at HarvardPurchase Related
  • Supplement | HBS Case Collection | October 2018

    Going Rogue: Choson Exchange in North Korea (B)

    Sophus A. Reinert and Dawn H. Lau

    Keywords: North Korea; korea; Choson Exchange; Geoffrey See; Nils Weisensee; Korean Peninsula; North Korea;

    Citation:

    Reinert, Sophus A., and Dawn H. Lau. "Going Rogue: Choson Exchange in North Korea (B)." Harvard Business School Supplement 719-005, October 2018.  View Details
    CiteView Details Related
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