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Economic History is not everyone's slave, but it can do much for a variety of sciences, given the proliferation of studies of the last century. It provides in full measure the "contextual approach" that can keep a narrow scientist from becoming a fool.

As Fritz Redlich has had occasion to point out, business history is neither of American nor of recent vintage–that interest in company histories which began on the Continent early in the nineteenth century had by 1900 prompted at least one prominent German scholar to suggest how a study of business might be developed into an academic discipline. What was new in the United States was the term "business history," and what is more relevant for my comments in this paper were the circumstances that led to its emergence as a special field and the effect that this separation has had on the relationship between business history and economic history.

What is the relationship of economic history to the study of comparative economic systems? Perhaps the major contribution to thought on this subject has been made by Walter Eucken, whose ideas may be taken as the starting point for our discussion.

Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- PART ONE HOUSEHOLD, CLAN, VILLAGE AND MANOR -- CHAPTER I. AGRICULTURAL ORGANIZATION AND THE PROBLEM OF AGRARIAN COMMUNISM -- CHAPTER II. PROPERTY SYSTEMS AND SOCIAL GROUPS -- CHAPTER III. The 0RIGIN OF SEIGNIORIAL PROPRIETORSHIP -- CHAPTER IV. THE MANOR -- CHAPTER V. THE POSITION OF THE PEASANTS IN VAEIOUS WESTERN COUNTRIES BEFORE THE ENTRANCE OF CAPITALISM -- CHAPTER VI CAPITALISTIC DEVELOPMENT OF THE MANOR -- PART TWO INDUSTRY AND MINING DOWN TO THE BEGINNING OF THE CAPITALISTIC DEVELOPMENT -- CHAPTER VII. PRINCIPAL FORMS OF THE ECONOMIC OR-GANIZATION OF INDUSTRY -- CHAPTER VIII. STAGES IN THE DEVELOPlllENT OF INDUSTRY AND MINING -- CHAPTER IX. THE CRAFT GUILDS -- CHAPTER X. THE ORIGIN OF THE EUROPEAN GUILDS -- CHAPTER XI. DISINTEGRATION OF THE GUILDS AND DEVEL- OPMENT OF THE DOMESTIC SYSTEM -- CHAPTER XII. SHOP PRODUCTION. THE FACTORY AND ITS FORE-RUNNERS -- CHAPTER XIII. MINING PRIOR TO THE DEVELOPMENT OF MODERN CAPITALISM -- PART THREE COMMERCE AND EXCHANGE IN THE PRE-CAPITALISTIC AGE -- CHAPTER XIV. POINTS OF DEPARTURE IN THE DEVELOP-MENT OF COMMERCE -- CHAPTER XV. TECHNICAL REQUISITES FOR THE TRANSPORTATION OF GOODS -- CHAPTER XVI. FORMS OF ORGANIZATION OF TRANSPORTA- TION AND OF COMMERCE -- CHAPTER XVII. FORMS OF COMMERCIAL ENTERPRISE -- CHAPTER XVIII. MERCANTILE GUILDS -- CHAPTER XIX MONEY AND MONETARY HISTORY -- CHAPTER XX. BANKING AND DEALINGS IN MONEY IN THE PRE-CAPITALISTIC AGE -- CHAPTER XXI. INTERESTS IN THE PRE-CAPITALISTIC PERIOD -- PART FOUR THE ORIGIN OF MODERN CAPITALISM -- CHAPTER XXII. THE MEANING AND PRESUPPOSITIONS OF MODERN CAPITALISM -- CHAPTER XXIII. THE ExTERNAL FACTS IN THE EVOLUTION OF CAPITALISM -- CHAPTER XXIV. THE FIRST GREAT SPECULATIVE CRISES -- CHAPTER XXV. FREE WHOLESALE TRADE

Front Cover; Economic History: Made Simple; Copyright Page; PREFACE; ACKNOWLEDGEMENTS; Table of Contents; SECTION I: THE EMERGENCE OF THE FIRST INDUSTRIAL NATION, 1760-1830; CHAPTER 1. INTRODUCTION; What is Economic History?; The Concept of an Industrial Revolution; Rostow's Theory of Economic Growth; The Philosophical Rationale for Sustained Economic Growth; Suggested Further Reading; Exercises; Summary; CHAPTER 2. THE PREQUISITES FOR SUSTAINED ECONOMIC GROWTH; Favourable Background Conditions; Availability of Capital; Growth of Population; The Agrarian Revolution