A magisterial new history of commercial institutions, this book shows how the study of merchant guilds can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being.
A magisterial new history of commercial institutions, this book shows how the study of merchant guilds can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being.