‘The rules of the game’: London finance,Australia, and Canada,c.1900–14

It is often asserted that, between 1865 and 1914, economic dependence on British capital subjected settler societies to an unofficial imperialism wielded by the City of London. This article argues that both advocates and critics of such models, particularly in the recent controversy over ‘gentlemanly capitalism’, pay insufficient attention to the City itself. Using the Edwardian City's connections with Australia and Canada, it illustrates the range of financial intermediaries involved and explores their perceptions of political economy in these countries. It concludes that the City's influence (or ‘structural power’) was limited by its internal divisions and hazy conceptions of political economy.     

Commerce,clusters, and community: a re‐evaluation of the occupational geography of London,c. 1400–c. 1550

The economic geography of cities is often thought to have changed dramatically between the medieval and early modern eras. The medieval city is seen as having been strictly regulated, both in terms of markets, and in terms of space. The early modern city, by contrast, is associated not only with growth, but with the breakdown of rigid regulation by guilds and a new commercial outlook. However, empirical studies of the spatial organization of medieval cities have been limited, and quantitative surveys of urban economic geography have focused on the seventeenth century and later. This article analyses the spatial distribution of occupations in the City of London between the 1370s and the 1550s using a large probate dataset. It examines occupations that remained clustered or dispersed, but concentrates on the apparent breakdown in economic clustering among London's leading trades. Prosopographical analysis reveals that merchants and retailers became more specialized, but that this was accommodated within London's existing guild‐based occupational identities, which had become ossified. Rather than the end of the middle ages having marked a dramatic change from guild‐based spatial organisation, occupational clusters simply continued to evolve in line with the principles of locational economics throughout the period.