Ronald Coase (1910-2013), who sadly died at the remarkable age of 102, made significant contributions to economics based on common sense and the detailed study of his topics. Coase was awarded the Nobel Prize in Economic Sciences in 1991 “for his discovery and clarification of the significance...

Adam Smith proposed three contradictory theories of the British Empire in the Wealth of Nations. The first view holds that the empire was created for merchants eager to monopolize the colonial trade. Smith concludes that “Great Britain derives nothing but loss” from the colonies. In the...

This essay seeks to trace the many—and often conflicting—economic ideological interpretations of the transatlantic abolitionist impulse. In particular, it explores the contested relationship between free-trade ideology and transatlantic abolitionism, and highlights the understudied influence...

The publication of submissions to the UK RAE2008 offers an opportunity to assess the location and relative standing of business historians and their journals in the UK's academic research community. Several ratings lists of journals are available that use data from submissions to the RAE2008...

In recent years a growing consensus has emerged in favour of the shareholder-oriented model of the corporation. Increasingly, this model is justified not on the basis of shareholder ownership of corporations but on the basis of efficiency. Moreover, it is argued that no matter who are the...

Practically all of R. Skidelsky's views on Keynes's General Theory are a reflection of the many myths about Keynes that Joan Robinson spread. Basically, these myths are figments of her imagination. For instance, one such myth about Keynes was that uncertainty for Keynes meant that all decision...