"It is a synthesis of Swedish economic growth, social change and modernization of the society from the turn of the century 1800 up to the present. The book highlights the determinants of long term growth, the role of innovations and entrepreneurs as well as the interplay between different...

pt. 1. Methodology -- pt. 2. Market performance in Babylonia and the Mediterranean in antiquity -- pt. 3. Market performance from the Middle Ages to the nineteenth century -- pt. 4. Markets and money -- pt. 5. Long-term patterns -- pt. 6. Conclusion.

"This exciting new volume examines the development of market performance from Antiquity until the dawn of the Industrial Revolution. Efficient market structures are agreed by most economists to serve as evidence of economic prosperity, and to be prerequisites for further economic growth....