Fluctuations in Trade, Industry, and Finance. A Study of British Economic Development, 1850-1860.

£50 · Offered by Maggs Bros Ltd

A statistically-driven study of fluctuations in the British economy during the 1850’s, which ‘provides a useful reminder that the more sophisticated aspects of modem business cycle theory cannot all be applied unmodified to past history, even in the latter half of the nineteenth century, since they assume institutional arrangements and forms of business behaviour which were somewhat different then’ (contemporary review by W. Ashworth in Economica).

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