Articles on Money, Finance & Economic History

Explore the causes and consequences of the last age of globalization, which ended in the devastating outbreak of World War I.

Discover how Victorian globalization's promise went unfulfilled in most of Asia due to limited access to markets, lack of infrastructure, and resistance from local populations, shaping the legacy of colonial exploitation between Asia and the West.

Understanding China's economic struggles through the lens of the East-West divergence, examining how macroeconomic luck, industrial development, and financial innovation contributed to its stagnation.

Explore the historical analysis of the Great Divergence, a phenomenon that explains the significant gap in economic development between East Asia and Western Europe over two centuries.

The shift in global financial power from English-speaking nations to emerging economies such as China has significant implications for trade, politics, and international relations.

Explore how emerging markets are no longer considered high-risk areas in the modern global economy, but rather core countries like the US experience severe financial crises.

Explore the historical context and complexities of home ownership as an economic system, its origins in capitalism, and the potential consequences for individuals and economies.

Glasgow's 18th-century rise as an industrial hub, followed by a property market boom driven by speculation and financialization.

Microfinance's impact on global poverty is complex, providing access to financial services but also risking exacerbating debt through high interest rates.

Microfinance has become a global phenomenon providing financial services to millions of people in developing and developed countries.

Microfinance Revolution led by Muhammad Yunus and Grameen Bank empowering rural women with small loans and innovative credit systems.

Unlocking Female Entrepreneurship through Microfinance by providing small loans to women entrepreneurs in developing countries and challenging patriarchal biases.

Learn about the impact of microfinance on empowering women in Bolivia through the story of Betty Flores and Pro Mujer.

The paradox of property ownership challenges the idea that owning a home directly leads to economic empowerment.

The Quilmes Experiment examines capital accumulation through a unique test case in Argentina's 1980s, focusing on land reform, property rights, and social inequality.

Hernando de Soto's theory on globalizing property rights aims to transform informal economies into formal ones, granting individuals title to their properties and assets.

Understanding the role of secure property rights in driving economic growth and development in developing countries.

Discover how shanty towns hold trillions of dollars' worth of unrealized wealth due to lack of secure legal title to homes.

An examination of the property-owning democracy concept and its implications on housing market instability, illiquidity, labor mobility, and economic recovery.

The 2007-2008 financial crisis was a turning point in government-sponsored mortgage finance, highlighting regulatory failures and market instability.