"For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade...

"We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these policies had their most potent effects in the worst peaceful economic periods in modern times. While we are lucky to have avoided another catastrophe like the Great Depression...

This paper argues that there was enough buying and selling (emptio venditio) in the early Roman Empire to show that there were markets, and there were enough markets at the time that there was a market economy. I use three examples to make these points, one from my research, one from the...

In November 2020, The New York Times asked fifteen on its columnists to 'explain what the past four years have cost America.' Not one of the columnists focused on President Trump's racism. This book seeks to redress this imbalance and bring Black Americans' role in our economy to the forefront....

In the tradition of the new economic history, this collection includes seven carefully researched papers blending systematic empirical research with consideration of broader theoretical and analytical issues

Introduction / Alexander J. Field -- A Soviet quasi-market for inventions : jet propulsion, 1932-1946 / Mark Harrison -- Network quality in the early telegraph industry / Tomas Nonnenmacher -- The Spanish infrastructure stock, 18441935 / Alfonso Herranz-Lonc(c)Øan -- Have American workers...