Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...

Chapter 1: Introduction Civilization and Lived Experience -- Part 1: The Quests that Created a New Western Civilization (and Destroyed Others): Crops, Climate, Calories -- Chapter 2: The 3-Cs: Crops, Climate, Calories -- Chapter 3: Crops and the Shaping of Civilizations -- Chapter 4: Climate:...

1. Introduction to Management History: debates and methodology -- 2. Work, Organization and Commerce in the Pre-Modern World -- 3. The Foundations of Modern Management -- 4. The Classic Age of Management Thought (mid-19th century until 1939) -- 5. Management in the Age of Prosperity (1940s –...

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...