"It was the phenomenon of industrial unemployment that shocked contemporaries most. 'Next to war,' remarked The Times …"

"The financial crisis is really a relatively small historic phenomenon, which has accelerated this huge shift, which e…"

"Without the spread of British rule around the world, it is hard to believe that the structures of liberal capitalism …"

"Finally, although Anglophone economic and political liberalism remains the most alluring of the world’s cultures, it …"

"The whole point about historians is that we are really communing with the dead. It's very restful – because you read.…"

"The West may collapse very suddenly. Complex civilizations do that, because they operate, most of the time, on the ed…"

"A country’s economic fortunes are determined by a combination of natural endowments (geography, broadly speaking) and…"

"Yet the nineteenth-century Empire undeniably pioneered free trade, free capital movements and, with the abolition of …"

"It is a point worth emphasizing that to a significant extent British rule did have that benign effect. According to t…"

"The empire that rules the world today is both more and less than its British begetter. It has a much bigger economy, …"