Between the 1880s and 1930s the international wool auction market shifted decisively from Britain to Australia. A … pastoral agent firms based in Australia who employed their local knowledge, producer contacts, and trade specialisation to … increasingly came from outside Britain, and their contacts with Australia were aided by much improved long distance shipping and …

"Corporate capitalism was invented in nineteenth-century Britain; most of the market institutions that we take for … problems of modern capitalism - financial fraud, reckless speculation, excessive remuneration - have clear historical …