Economics

While money might be a relatively new introduction to human society, the concept of trade, battering and early economics are not. In this section the articles and podcasts will draw out the questions of what are economics, how they have changed over time and what is the South Sea bubble?

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  • A Commercial Revolution

    Article

    The pattern of overseas trade is always in movement: new commodities are constantly appearing, old ones fading into unimportance, different trading partners coming to the fore-front. But between the latter end of the sixteenth and the second half of the eighteenth century, change took specially far reaching forms. In 1570...

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  • Bristol and the Slave Trade

    Article

    Captain Thomas Wyndham of Marshfield Park in Somerset was on voyage to Barbary where he sailed from Kingroad, near Bristol, with three ships full of goods and slaves thus beginning the association of African Trade and Bristol. In the late sixteenth and seventeenth centuries, Bristol was not a place of...

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  • Currency and the Economy in Tudor and early Stuart England

    Article

    Before the development of paper money, which in England did not really occur until later in the seventeenth century, the circulating medium consisted of coins and tokens. The unit of account in which they were valued was the pound sterling; in which there were twenty shillings each of twelve pence,...

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  • Doing history: Contemporary narratives and the legacy of the Dagenham Ford Factory Strike of 1968

    Article

    In this article, Zubin Burley looks at how a visit to the local archive can transform our understanding of an important event in British social history...

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  • Film: Economic and social change – 1714 to 1785

    Article

    The 18th century represents a pivotal moment bridging early modern Britain with the social, economic and technological  transformations of the Industrial Revolution. In Episode 3, Professor Emma Griffin (Queen Mary University of London), explores this period of invention, innovation and entrepreneurialism, how it affected ordinary families, and its role in the...

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  • Film: Finance in Britain and Ireland: 1714 to 1785

    Article

    In Episode 5, Professor Anne Murphy (University of Portsmouth) examines the development of finance in Britain and Ireland, from the emergence of the Bank of England during the Nine Years’ War into a system that would facilitate the growth of the British Empire and Britain’s Industrial Revolution. During this period...

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  • Film: The Two German Economies

    Article

    The speed at which both sides in Germany recovered economically is re-examined in this film. Professor Matthew Stibbe describes how the West Germany economy recovered and became a magnet for migrants as well as East Germans. However, he also examines how East Germany’s economy compared more successfully to some of...

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  • Filmed Lecture: Medlicott Lecture 2021 - Rana Mitter

    Article

    The 2021 Medlicott Medal recipient was Professor Rana Mitter, expert on Modern Chinese history and politics. Professor Mitter's Medlicott lecture was on the subject of ‘How New is Asia’s “new era”?’.

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  • From Sail to Steam

    Article

    From the time when primitive man first went adrift on a bundle of reeds or learnt to balance himself on a floating log, to the days where his descendants, no more than a few generations ago, raced scrambling aloft to trim the towering sails of a full-rigged ship, the skill...

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  • From strategic routes to economic lifelines: the historical and contemporary importance of La Pintada

    Article

    In his work on the local history of his hometown in Panama, Miguel Elias Escobar Cornejo highlights the importance of understanding the geography of the historical sites we study. Here, he explains how a defensive route from the coast to the rugged mountain interior developed into one of the most important...

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  • History Abridged: Salt mines in Eastern Europe

    Article

    History Abridged: This feature seeks to take a person, event or period and abridge, or focus on, an important event or detail that can get lost in the big picture. See all History Abridged articles Towards the end of the Bronze Age, the climate across Europe began to warm. This...

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  • Kings and coins in later Anglo-Saxon England

    Article

    The study of Anglo-Saxon coins shows the sophistication of tenth- and eleventh-century government and of the economy. But they carried a moral and religious message too.

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  • Legacies of the Cement Armada

    Article

    Steven Pierce writes about Nigeria, long known for its flamboyant corruption, some of which stems from accidents of history. Its true international notoriety emerged in 1974–75, when half the world’s concrete supply was mysteriously diverted to the port of Lagos, paralysing it for a year. This article examines how the press coverage...

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  • Making and breaking Britain’s national energy order

    Article

    British history flows through energy. Changes to fuel sources, technologies, workplace organisation and power along with government policy and ownership have been defining turning points in British economic history. In this article Ewan Gibbs traces the making, development and subsequent breaking of a national British energy order across the second half of...

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  • Numismatics and History

    Article

    Numismatics may be defined as the science of money in its physical aspects. It is only indirectly connected with the theory of money, which belongs to the sphere of economics. Its subject-matter consists of the material objects which in most societies are used to measure the worth of goods and...

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  • Origins of the European financial markets

    Article

    This article is transcribed from a 2015 podcast given by Dr Anne Murphy of the University of Hertfordshire. In it Dr Murphy looks at the early origins of the European financial markets from the Italian Renaissance to the present day, as well as providing a useful introduction to finance, the stock market and the bond market....

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  • Out and about in Zanzibar

    Article

    Joe Wilkinson takes us on a tour of the island of Zanzibar, where the slave trade continued long after the British abolished it. Mention Zanzibar and most people will think of an Indian Ocean paradise, perfect for honeymooners, relaxing on the popular pristine white north-eastern beaches of Bwejuu and Paje,...

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  • Podcast Series: Origins of the European Financial Markets

    Multipage Article

    In this podcast Dr Anne Murphy of the University of Hertfordshire looks at the early origins of the European financial markets from the Italian Renaissance to the present day. Dr Murphy also provides a useful introduction to finance, the stock market and the bond market.

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  • Podcast Series: The Renaissance

    Multipage Article

    In this podcast Dr Gabriele Neher of the University of Nottingham provides an introduction to the Renaissance.

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  • The British Empire on trial

    Article

    In the light of present-day concerns about the place, in a modern world, of statues commemorating figures whose roles in history are of debatable merit, Dr Gregory Gifford puts the British Empire on trial, presenting a balanced case both for and against. In June 2020 when the statue of slave-trader Edward Colston...

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