This second volume of essays in honour of Bernard Corry and Maurice Peston focuses on labour economics, the history of economic thought and the development of the economics profession, specifically addressing teaching and policy advice issues.

Contents: Introduction Part I: Contemporary Labour Markets 1. Changes Over Time in Union Relative Wage Effects in Great Britain and the United States 2. Unemployment and Wages in Europe and North America Part II: Contributions to the History of Economic Thought 3. Malthus and Method 4. Adam Smith and Alfred Marshall 5. On the Open Economy Quantity Theory 6. Monetary Unions in Nineteenth-Century Europe 7. The Invisible Hand of God Part III: Explorations of the Economics Profession 8. QMC’s Terrible Two 9. CNAA Economics 10. Educational Reform, Reaction and Resources Twenty-Five Years On 11. The Renaissance of LSE Economics 12. ‘Cambridge Didactic Style?’ 13. When is a Test a Good Test?