Book-length and comparative study of ethnic economies, including the origins of the concept, size and prevalence of ethnic economies, class and ethnic resources, informal economy, and forms of disadvantage. Only chapters by Ivan Light are included

18th Century Protestants were less universalistic than Max Weber thought. In effect, the Protestant sectarians had created an ethnic economy within which they gave preference to co-religionists. This was often a justifiable business decision because co-ethnics were known and trusted