Markets in History: Economic Studies of the Past (Wiley Series in Probability and)

In Markets in History leading economic historians present the results of their research on the scope of markets in economies past and present, ranging from English open fields in the age of Chaucer to racial discrimination in the age of Martin Luther King, Jr. All of these studies illustrate the rewards that are gained by blending the economist's use of analytical and statistical techniques with the historian's careful attention to reconstructing the past through the use of a variety of types of evidence. Markets in History will be of interest to all social scientists for its demonstration of the value of economic theory and econometrics in helping to understand the causes of changing allocations of resources and their consequences for economies and societies.