Economic History

On the Money

The introduction of decimal coinage to the UK was a long while coming. But the transition was surprisingly smooth.

Does Boom Always Follow Bust?

Four historians consider whether the sudden collapse of the world economy caused by the Covid-19 pandemic will be followed by an equally dramatic resurgence.

Inflation – Who Wins?

Three historians discuss the historical phenomenon of inflation, focusing on the Roman Empire and the 16th century.

The Two Prices of Soy

Who cares whether China stops buying soy from the United States? History suggests we all should.

Satan’s Bank Note

In the early 19th century ‘filthy rags’ – or banknotes – became a common form of currency. A surge in forgery followed, accompanied by a surge in harsh prosecutions. How did we get from gold to paper?