During the second half of the eighteenth century, the Ottoman policy-makers adopted a more liberal attitude towards price formation. This was accompanied by the fiscal and administrative centralization of the grain trade. These seemingly contradictory policy changes could, in part, be explained...

In the historical backdrop to domestic British debates about Brexit has been tension between two contrasting and competing conceptions of the Westminster Parliament's sovereignty. In issue has been whether or how parliamentary sovereignty has been subject to constraint, to limitations of form or...

There are some striking similarities between the pre 1914 gold standard and EMU today. Both arrangements are based on fixed exchange rates, monetary and fiscal orthodoxy. Each regime gave easy access by financially underdeveloped peripheral countries to capital from the core countries. But the...