New Additions: (Scroll below most recent additions for older efforts)

Papers and books published since 2006. For papers going back to previous years see the old new page or the research page .



The Rhetoric of Economics Reconsidered Paper presented to the 2023 Annual Meeting of the History of Economics Society, Vancouver, BC, June 24, 2023.

Parametric Testing for Normality Against Bimodal and Unimodal Alternatives Using Higher Moments This paper has been accepted for publication in Communications in Statistics -- Computation and Simulation -- posted Sept. 2022.

Cobweb Theory, Market Stability and Price Expectations This paper has been accepted for publication in Journal of the History of Economic Thought -- posted Mar. 2022.

Origins of Arbitrage This paper has been published (First View) in Financial History Review -- posted May 2021.

Rhetoric, Epistemology and Climate Change Economics This paper has been published in Ecological Economics -- posted Feb. 2021.

Rethinking Wealth and Taxes: Inequality, Globalization and Capital Income (Cheltenham, UK: Edward Elgar Publishing, 2020), available in bookstores Aug. 2020.

Fleecing the Lambs? The Founding and Early Years of the Vancouver Stock Exchange This paper has been published in BC Studies, the British Columbian Quarterly posted May 2019.

The Societas Publicanorum and Corporate Personality in Roman Private Law This paper (with Fred Willeboordse) has been published in Business History -- posted Oct. 2019.

Phenomenology and Heterodox Economics This paper has been published in Review of Social Economy -- posted Oct. 2019.

The Luddite Trials: Radical Suppression and the Administration of British Justice This paper has accepted for publication in the Journal for the Study of Radicalism -- posted Dec. 2019.

Housing Market Bubbles and Mortgage Contract Design: Implications for Mortgage Lenders and Households This paper has been published in Journal of Risk and Financial Management posted July 2018.

The Pre-History of Econophysics and the History of Economics: Boltzmann versus the Marginalists . This paper has been accepted for publication in Physica A posted May 2018.

The Prescription Opioid Epidemic: An Update This paper has been accepted for publication in Medicolegal and Bioethics posted June 2018.


Put-Call Parity and the Early Exercise Premium for Currency Options (with Chris Veld and Yuriy Zabolotnyuk) will be presented at the 2006 meetings of the Multinational Finance Society in Edinburgh, June 28-July 1, 2006 (posted March 2006). The paper has also been accepted for publication in the Review of Futures Markets (posted 3/07) see the published paper .

Frederick R. Macaulay, Frank M. Redington and the Emergence of Modern Fixed Income Analysis This paper will appear as Chapter 4 in Pioneers of Financial Economics Vol.II, Geoffrey Poitras (ed.), Edward Elgar Publishing (2007) -- posted Jan. /06. This paper was presented at the annual meetings of the Canadian Economics Association in Montreal, May 2006 (posted June 2006).

Pioneers of Financial Economics: Contributions prior to Irving Fisher is now on bookshelves -- available on Amazon.com from middle September 2006 (posted Sept. /06)

Accounting Standards for Employee Stock Option Disclosure This paper will appear in International Journal of Business Governace and Ethics (2008 forthcoming). An earlier version of this paper appeared as Accounting Standards for Employee Stock Option Disclosure: The Current Debate in the Ukranian journal Corporate Ownership and Control in vol. 5 (Aug. 2007) (posted Oct. /06). A version of this paper was presented at the 2007 McMaster World Congress on Corporate Governance, Jan. 24-6, 2007 in Hamilton, Ont.. The .ZIP file with the paper and .ppt of the presentation can be found HERE .

Risk and Futures Markets and Forward Markets These papers will appear as entries in the International Encyclopedia of the Social Sciences 2nd ed., Macmillan Reference (2007 forthcoming).

Pioneers of Financial Economics: Twentieth Century Contributions , the second and last volume in the Pioneers collection, is available on bookshelves from February 2007 (posted Feb. /07)

Pioneers of Financial Economics: Das Neu Adam Smith Problem? This paper was presented at the 2008 ASSA meetings ( American Finance Association and History of Economics Society) in New Orleans on Jan.4. The .ppt file for the presentation can be found HERE .

Ethical Transparency and Government Regulation of Canada's Medical Research Industry This paper (with Lindsay Meredith) was presented at the 20th Annual Oxford Roundtable, Wednesday, March 26, 2008 at Oxford University, UK. The .ppt of the presentation can be found HERE . The paper has also been accepted for publication in the Forum on Public Policy -- posted July 2008.

European Put-Call Parity and the Early Exercise Premium for American Currency Options (with C. Veld and Y. Zabolotnyuk). This paper has been accepted for publication in the Multinational Finance Journal -- posted April 2008.

Ethical Transparency and Economic Medicalization. This paper (with Lindsay Meredith) has been accepted for publication in the Journal of Business Ethics -- posted June 2008.

The Early History of Option Contracts This paper has been accepted for publication in W. Hafner and H. Zimmermann, Vincenz Bronzin's Option Pricing Models: Exposition and Appraisal -- posted Feb. 2009.

Business Ethics, Medical Ethics and Economic Medicalization This paper has been published in the International Journal of Business Governance and Ethics vol. 4 (2009) -- posted Mar. 2009.

From Antwerp to Chicago: The History of Exchange Traded Derivative Security Contracts To be published in the Revue d'Histoire des Sciences Humaines (Journal for the History of the Social Sciences) (2009) -- posted Mar. 2009.

'How is the Stock Market Doing?' Using Absence of Arbitrage to Measure Stock Market Performance To be published in the Annals of Financial Economics (2009) -- posted April 2009.

Arbitrage: Historical Perspectives To be published in the Encyclopedia of Quantitative Finance (2010) -- posted Aug. 2009. Click here for download .

Pioneers of Financial Economics: Das Adam Smith Irrelevanzproblem? This paper (with Franck Jovanovic) to be published in the History of Economics Review (2010) -- posted Dec. 2009.

Put-Call Parity, Transaction Costs and PHLX Currency Options: Intra-daily Tests This paper (with Moh. Hoque and Meher Manzur) to be presented at the annual meetings of the Midwest Finance Association in Las Vegas, NV, Feb. 26, 2010. This paper to be published as "Influence of Transactions Costs on Foreign Exchange Option Contracts: Intra-Daily Tests" in the International Journal of Banking and Finance (2010). Click here for download.

Richard Price, Miracles and the Origins of Bayesian Decision Theory This paper has been accepted for publication in the European Journal for the History of Economic Thought -- posted Nov. 2010.

What Happened May 6, 2010? Anatomy of the Flash Crash This paper will appear as chapter 11 in Research Handbook on Stock Market Globalization , Geoffrey Poitras (ed.) to be published by Edward Elgar (2012) (posted Feb. 2011).

Valuation of Equity Securities: History, Theory and Application (Singapore: World Scientific Publishing) will be available in bookstores in Jan. 2011.

From the Renaissance Exchanges to Cyberspace: A History of Stock Market Globalization This paper will appear as chapter 3 in Research Handbook on Stock Market Globalization , Geoffrey Poitras (ed.), Edward Elgar Publishing (2012) (posted Mar. 2011)

Medical Ethics and Economic Medicalization This paper appears as chapter 4 in P. Clark (ed.), Contemporary Issues in Bioethics , Intech Publishing (2012).

Book Review of Niall Ferguson Ascent of Money for The Historian (2011, p.998-9).

Research Handbook on Stock Market Globalization , Geoffrey Poitras (ed.), Edward Elgar Publishing (2012) to appear on bookshelves in mid-March 2012.

OxyContin, Prescription Opioid Abuse and Economic Medicalization . This paper has been accepted for publication in Medicolegal and Bioethics -- posted Oct. 2012.

Commodity Risk Management: Theory and Applications (Routledge, 2013) will be on bookshelves at the end of January 2013 -- also available on Amazon.

Book Review of Jane Gleeson-White Double Entry for The Historian (2013).

Partial Immunization Bounds and Non-Parallel Term Structure Shifts . This paper has been accepted for publication in Annals of Financial Economics -- posted Sept. 2013.

Mortgage Contract Design and Systemic Risk Immunization . This paper (with Giovanna Zanotti) has been accepted for publication in International Review of Financial Analysis -- posted Dec. 2014. An earlier version of this paper was presented at the 2013 Confernece on "Banking, Finance, Money and Institutions" held at the University of Surrey, Guildford, UK in 2013. A copy of the presentation slide can be found HERE .

Classical Ergodictiy and Modern Portfolio Theory . This paper (with John Heaney) has been accepted for publication in the Chinese Journal of Mathematics -- posted April 2015.

Trading of Shares in the Societates Publicanorum? . This paper (with Manuela Geranio) has been accepted for publication in Explorations in Economic History -- posted Aug. 2016.

Equity Capital: From Ancient Partnerships to Modern Exchange Traded Funds (Routledge, 2016) is now on bookshelves and available through Amazon -- posted Aug. 2016.

Book Review of Paul Halpern et al. Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis for the Canadian Business History Association (2018).