Market Economies Through History: Why They Rise and Fall

Press/Media: Expert Comment

Period13 Oct 2025

Media contributions

1

Media contributions

  • TitleMarket Economies Through History: Why They Rise and Fall
    Degree of recognitionInternational
    Media name/outletInstitute of Economic Affairs
    Media typeWeb
    Duration/Length/Size54 minutes
    Country/TerritoryUnited Kingdom
    Date13/10/25
    DescriptionIn this Institute of Economic Affairs podcast, Daniel Freeman interviews Professor Bas van Bavel, a distinguished professor at the University of Utrecht and author of "The Invisible Hand: How Market Economies Have Emerged and Declined Since 500 A.D."

    The conversation examines how market economies emerged in medieval Europe, why some regions developed competitive markets for land, labour and capital while others did not, and what caused Europe to pull ahead of the Middle East economically during this period.
    Producer/AuthorDaniel Freeman
    URLhttps://www.youtube.com/watch?v=7Hn5UCVnuvA
    PersonsBas van Bavel