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Recent developments in economic theory make it an opportune moment to re-examine the role of economic principles in the interpretation of anthropological evidence. In analyzing human motivation, economics now takes proper account of affective as well as material rewards, while its analysis of individual decision-making allows for cognitive limitations, where these can be expressed in terms of information costs. There remain significant gaps in economic theory, though, so far as anthropological applications are concerned, for example, in the economics of language and the economics of social control. The paper shows how the application of economics can be extended to these and other issues. In the light of this, it is argued that anthropologists can and should now make greater use of economic principles in their research.

This article is concerned with the role of theory in explaining the inter‐industry variation of vertical integration (VI). Why, for example, is the world aluminium industry highly integrated (Stukey, 1983) whereas the tin industry is not (Hennart, 1982)? The article is not concerned with explaining differences in the average level of VI across countries, although these are undoubtedly significant (Chandler and Daeins, 1980).

1. Introduction : research methods for large databases / Mark Casson and Nigar Hashimzade -- 2. Long-run price dynamics : the measurement of substitutability between commodities / Mark Casson, Nigar Hashimzade and Catherine Casson -- 3. The quantity theory of money in historical perspective / Nick Mayhew -- 4. Medieval foreign exchange : a time series analysis / Adrian R. Bell, Chris Brooks and Tony K. Moore -- 5. Local property values in fourteenth- and fifteenth-century England / Margaret Yates, Anna Campbell and Mark Casson -- 6. Visual analytics for large-scale actor networks : a case study of Liverpool, 1750-1810 / John Haggerty and Sheryllynne Haggerty -- 7. Railways and local population growth : Northamptonshire and Rutland, 1801-91 / Mark Casson. [et al.] -- 8. Women's landownership in England in the nineteenth century / Janet Casson -- 9. The diffusion of steam technology in England : ploughing engines, 1859-1930 / Jane McCutchan -- 10. Cupidity and crime : consumption as revealed by insights from the Old Bailey records of thefts in the eighteenth and nineteenth centuries / Sara Horrell, Jane Humphries and Ken Sneath.