"This article asks whether there is any casual connection between the contemporaneous decline in industriousness and religiosity in Europe over the past 25 years. In the United States working hours and levels of religious faith and observance have held steady or even increased over this period....

The process of European economic integration slackened in the 1960s. National markets for goods, most services and labour were not being integrated because they were not really being liberalised. The exception to this rule was financial services, one of which - the sale of long-term corporate...

For the better part of the past decade, the world economy has been dominated by a world economic order that combined Chinese export-led development with US over-consumption. The financial crisis of 2007-2009 likely marks the beginning of the end of the Chimerican relationship. In this paper we...

Would the movement of capital from to poor countries greatly increase, if the commitment to protecting property and allowing capital to move freely were more credible? This paper asks whether the British Empire provided global public goods that supported large-scale development finance before...

This article uses price data and editorial commentaries from the contemporary financial press to measure the impact of political events on investors' expectations from the middle of the nineteenth century until the First World War. The main question addressed is why political events appeared to...

Over the past five years the world has witnessed a spectacular boom in asset prices. This paper reviews different explanations for this phenomenon, and argues that future financial historians will point to the divergence between high returns on capital and the low cost of capital, not to excess...