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Yves here. I have to confess to enjoying articles that show that history matters, that where we have wound up is very much path dependent. There’s a tendency to view ancient civilizations as influencing art and culture, but not much other parts of modern life.
By Dimitris K. Chronopoulos, Senior Lecturer in Banking & Finance, University of St Andrews; Sotiris Kampanelis, Lecturer in Economics, Cardiff Business School, Cardiff University; Daniel Oto-Peralías, Associate Professor of Economics, Pablo de Olavide University; and John O.S. Wilson, Professor of Banking & Finance and Director, Centre for Responsible Banking & Finance, University of St Andrews. Originally published at VoxEU