In this paper we revive an old explanation for Gresham's law that rests on the trafficking of coins by moneychangers. Focusing on the late Middle Ages, we present material suggesting that moneychangers used their private information on money to make profit through billonnage and arbitrage operations. In both cases their activity led to the partial –sometimes total– disappearance of the undervalued coins.

In this paper trade to the interior of the Spanish Empire is analysed. Commodity prices during a 140 years span are described and the price convergence process between Spain and Peru, and between Peru and Chile is investigated. The main finding is that despite technological, trade and institutional improvements, price convergence between Spain and Peru was delayed by wars during the eighteenth century. Conversely, price convergence is found between Peru and Chile. The absence of wars in the Pacific Ocean can explain the difference in price behavior.

This article attempts to analyse the role that the Rothschild House played in the evolution of Spanish Public Finances along the 19th Century. Therefore, it endeavours to describe an elementary chronology of the relationships between the Spanish Government and the Rothschild House during the whole Century, analysing the main financial operations they underwrote, quantifying their annual aggregate figures and, finally, trying to comment upon the different consequences of the process above mentioned. To cover these aims, we have deployed original records from the Rothschild Archives in London and Paris, their contents having been supplemented with information from National Public Records in Spain and France, and other financial institutions, namely the Bank of Spain.

This paper analyses the role played by the National Commission for Industrial Productivity (CNPI) in the development of the Spanish footwear industry. First the nature of the Commission is reviewed highlighting its links with the «americanisation» campaign that took place in post-war Europe. Then, it is shown that footwear was one of the priority sectors for the CNPI, and the main initiatives developed by the organism in this industry in the years prior to the take off of exports are expounded. In third place, it is shown that the sector had already undergone a profound «americanisation» in Spain and in Europe in general during the first third of the 20th century. Lastly, the paper attempts to assess the effective repercussion of the CNPI's actions.

This article presents three new annual indices of industrial output for Andalusia, Catalonia and the Basque Country between 1830 and 1975. The comparative analysis, the first to include the Basque Country, allows to specify the main tendencies of growth and structural change in the regions studied, two of them pioneers of the Spanish industrialization, Andalusia clearly left behind. The analysis highlights as well the changes operated in the composition of their respective industrial products and, with them, the different regional paths, going from specialization to the manufacturing diversification, followed during the 19th and 20th centuries.

This paper analyzes the role of a very multifaceted lobby group, the Spanish Maritime League, in the context of the relationships between the economic and the political spheres during the first decade of the twentieth century. It specially focuses in the League's ability to influence three important economic variables of the period (public subsidies to the merchant fleet, the protectionist policy towards coal production, and the policies in naval production) as well as in the strategies followed by its leaders to move forward their proposals.

El Atlas de la Industrialización de España 1750–2000 representa un acontecimiento a partir del cual será necesario reconsiderar las publicaciones sobre la integración histórica de la industria española en la evolución de la industrialización europea. Ni en Francia, ni tampoco en la literatura científica alemana o inglesa, encuentra esta obra un equivalente. Se trata de una publicación de referencia ineludible para todos aquellos, desde los académicos y estudiantes hasta el «gran público informado», que quieran o necesiten una visión informada global y sintética de la relación entre el pasado y el futuro de la economía española.