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Grain Markets In Europe, 1500-1900

Grain Markets In Europe, 1500-1900 - 99 edition

ISBN13: 978-0511036989

Cover of Grain Markets In Europe, 1500-1900 99 (ISBN 978-0511036989)
ISBN13: 978-0511036989
ISBN10: 0511036981 Edition: 99
Copyright: 1999
Publisher: Cambridge University Press
Published: 1999
International: No

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Grain Markets In Europe, 1500-1900 - 99 edition

ISBN13: 978-0511036989

Karl Gunnar Persson

ISBN13: 978-0511036989
ISBN10: 0511036981 Edition: 99
Copyright: 1999
Publisher: Cambridge University Press
Published: 1999
International: No
Summary

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 methods.

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