Research about Matthew Boulton in recent years indicates that the background for his business product development was based not only on management plans for his steam engine, but also on cultural factors and new global businesses, e.g. coinage. The Bank of England launches a new ’50 note in...

During the hundred-year period from about 1320 to about 1420, the Florentine woollen cloth industry underwent two closely connected crises. The first crisis was the consequence, direct and indirect, of the ravages of warfare and falling population, afflicting the entire Mediterranean basin and...

The Netherlands pioneered an early modern ‘Retail Revolution’, facilitating the Consumer Revolution. We analyze 959 Dutch retail ratios using multivariate regressions. Retail density rose with female headship everywhere. Density was high in Holland, but moderate in intermediate provinces and...

The Netherlands are thought to have pioneered an early modern 'Retail Revolution' which reduced the transaction costs of bringing market wares to wider social strata, facilitating the Consumer Revolution. This paper addresses open questions about this development using a commonly used...

Naidu and Yuchtman (2013) find that labor demand shocks in 19th-century Britain had an impact on master and servant prosecutions, as breaking an employee contract was a criminal offense until 1875. We first reproduce all regression tables in Naidu and Yuchtman (2013) and then test for robustness...

After 1870 Swedish agriculture was transformed in the direction of more animal husbandry. Small farmers in particular specialized in animal produce. Yet, agricultural protectionism primarily served the interest of large landowners specializing in bread-grain production. The paper explores the...

The Knappschaft underlies Bismarck's sickness and accident insurance legislation (1883 and 1884), which in turn forms the basis of the German social-insurance system today and, indirectly, many social-insurance systems around the world. The Knappschaften were formed in the medieval period to...

This paper studies moral hazard in a sickness-insurance fund that provided the model for socialinsurance schemes around the world. The German Knappschaften were formed in the medieval period to provide sickness, accident, and death benefits for miners. By the mid-nineteenth century,...

Using newly digitized data on the growth of the telegraph network in America during 1840-1852, the paper studies the impacts of the electric telegraph on national elections. I use proximity to daily newspapers with telegraphic connections to Washington to generate plausibly exogenous variation...