The Economics of the European Union and the Economies of Europe integrates economic analysis, political logic, and historical interpretation to convey an American perspective on the movement towards European integration, the external constraints integration faces, and the interplay of national concerns, both economic and political, within the vision of a united Europe. The first part of the text treats Europe as a natural economic unit, (1945-1989) separated into political units that still remain distinct from one another. The authors focus on the most striking aspects of European...

This work establishes the existence of a sophisticated and smoothly functioning system of financial markets in the mercantile states of northwestern Europe throughout the 1700s. Based on computer analysis of thousands of price quotes from the financial press of the eighteenth century, the results should force both historians and economists to reevaluate their understanding of the evolution of financial markets and their importance for the economic developments of that era.