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This introduction to the concept of path dependence, its pertinence for the development of historical social science, and its application in economic analysis and economic history, proceeds from intuitive general ideas about history and historicity in narratives. It provides precise definitions...
The crash of the French stock market in 1882 presented the Paris Bourse with its worst crisis of the nineteenth century. Its structure was similar in key respects to today’s futures markets, with a dominant forward market leading the Bourse to adopt a common fund to guarantee transactions and...
This paper reviews the history of cyclical and long wave analysis and examines the evidence on changes in the momentum of economic growth in 16 advanced capitalist countries from 1820 to 2001. It assesses the work of the main Business Cycle Research Institutes in Western Europe the USA and...
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