The quality of British entrepreneurship in the half century before 1914 excitescontroversy. Contemporaries were of mixed minds about the matter. Alfred Marshall(1920: 92-106), for example, was uneasy about the competitive inroads entrepreneursfrom other advanced industrial countries had made...

Ever since the time of Adam Smith, the attribution to foreign trade of the abilityto affect the wholesale transformation of the productive powers of an economy hasremained a very powerful concept in both economics and economic history. At theheart of this interpretation is the observation that...

The state is conceptually distinct from both economy and society, with inherent interests in expanding its scope for autonomous action, asserting control over economic and social interactions, and structuring economic and social relations. These interests derive primarily from the state’s...