Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fifty years the real return on equities would be 9% per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However,...

H.J. Habakkuk, a bibliography -- Introduction / F.M.L. Thompson -- English and French landowners, 1688-1789 / P.K. O'Brien and D. Heath -- A world elsewhere / J.R.T. Hughes -- The decline of the small landowner in England and Wales, 1660-1900 / J.V. Beckett -- Henry Hoare, banker, his family and...