Karl Persson surveys a broad sweep of economic history, examining one of the most crucial markets--grain--in order to demonstrate more general points. Grain Markets in Europe traces the markets' early regulation, their poor performance and the frequent market failures. Price volatility caused by harvest shocks was of major concern for central and local government because of the unrest it caused. Persson uses insights from development economics, explores contemporary economic thought on the advantages of free trade, and measures the extent of market integration using the latest econometric...

This book explores the long term forces shaping business attitudes in the British and American cotton industries from the eighteenth to the twentieth century. Mary Rose traces the social, political and developmental differences of the two nations, and examines local and regional networks, changing competitive environments, and community characteristics. She demonstrates how firms become embedded in networks, and evolve according to business values and strategies. An important contribution to comparative business history, this book will be of interest to graduates and scholars in all areas of...