This paper re-examines theories previously advanced to explain Lancashire’s slowadoption of ring spinning. New cost estimates show that although additionaltransport costs and technical complementarities between certain types of machinereduced ring adoption rates, these supply side constraints...

By the late 19th century, the export of natural ice from Norway to Britain was a major trade, fuelled by the growing British consumption of ice. Although new technology eventually allowed the production of artificial ice, natural ice retained a strong market position until World War I. This...

The nature of the seventeenth-century Mughal state and its land revenue taxation system has become a matter of controversy in recent years. Irfan Habib and his followers dominated thinking on this subject from the sixties onwards. They saw the regime as highly centralized and essentially...

La Rochelle, the fourth largest slaving port in France in the eighteenth-century, is used as a case study in the application of agency theory to long-distance trade. This analysis explores an area not accounted for in the literature on French commercial practices. Being broadly couched in a New...

This paper examines the economic organization of the trans-Saharan slave trade between the fourteenth and the nineteenth centuries on those routes that moved slaves from Sudanic Africa via entrepôts in the Sahel and Sahara to the Maghrib. The commercial framework of this trade was integrated...

Under the international economic order which prevailed between the end of mercantilism and decolonisation (referred to in this essay as liberal imperialism) the costs of transacting, transporting and trading commodities, both within and across national and imperial frontiers declined sharply.1...

The nineteenth century saw the advent of news agencies that became well-coordinated global organisations with large networks of correspondents, such as Reuters, Havas, Wolff-Continental and Associated Press. Essential features of these agencies were substantial fixed and sunk set-up costs, high...

Measurement standards are like institutional facts – they enable the travel of information across different domains: geographical, social, institutional or contextual. Uncovering the reasons underlying how and why measurement standards are adopted can provide insights into how ‘well’ such...

One of the many miracles of Victorian Britain’s market economy was that it worked most efficiently when it was left to regulate itself – or at least, this is what the great majority of Victorians believed. The prevailing economic orthodoxy throughout the nineteenth century assumed, following...

•The British economy has been performing well for the last decade, but there is an annual productivity gap of £30 billion between the English average and that of the industrial North (ONS, cited in Northern Way, 2007).•A recent government review has stated that the UK’s skills base...