# of Words: 280
"The English had been the major factor in the destruction of Iberian imperialism; on its own ruins they erected the informal imperialism of free trade and investment." (. Within this statement, buried late in Barbara and Stanley Stein's micro-tome on the economic dependence of both Spain and its colonies throughout the last few centuries, sums up what the pair expound. Whatever terse, the Steins proceed with thorough inspection; by pre-colonial economic webs and hierarchical constraints existed......Read More
Using documents on medieval Cambridge, we have investigated how money was made through property speculation and the profits of effective speculation were spent. Our investigation is based on over one million properties listed in the so-called.econd Domesday' the Hundred Rolls of 1279 (Maitland 1898, Raban . Property markets developed in medieval England as burgage plots were set out in new or enlarging towns by local landowners ('lords'), with the king's permission. To acquire a plot, a burgess......Read More
In the late 18th century, with the land used to grow tobacco almost drained, the South faced an economic crisis, and the continued growth of slavery in America seemed in doubt. Around the identical time, the mechanization of the textile sector in England led to an enormous requirement for cottonand also a southern crop whose production was limited by the difficulty of eliminating the seeds raw cotton fibers from hand. In 1793, a young Yankee schoolteacher named Eli Whitney invented the cotton......Read More
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