The paper analyzes Eli Heckscher's dual nature: as both an economist and an economic historian. Emphasis is put on his insistence on the use of economic theory in economic historic analysis, as manifested in a large number of publications throughout his life; and Heckscher's practical employment...

In this paper we provide an overview of the historical development of the insurance market in Sweden from the eighteenth century up to modern times. We consider theoretical perspectives drawn from the economics and political regulation literature that might help to explain important...

Building on the view that financial systems from contract and trading structures through regulation are artifacts of law and politics, this paper analyzes the fundamental reasons for the observed hierarchy in all financial systems. Why are financial systems hierarchical? The answer offered here...

Contribution to the panel session at the Hoover Institution conference on “Frameworks for Monetary Policy for the Next Century,” May 30, 2014.

Since the mid-1950s the spread of formal models and econometric method has greatly improved the study of the past, giving rise to the 'new' economic history; at the same time, the influence of economic history on economists and economics has markedly declined. This paper argues that the...