In 1929 two French historians, Lucien Febvre and Marc Bloch, founded Annales, a historical journal which rapidly became one of the most influential in the world. They believed that economic history, social history and the history of ideas were as important as political history, and that historians should not be narrow specialists but should learn from their colleagues in the social sciences.

Two of the most distinguished French members of the Annales school are represented in this volume - Fernand Braudel and Emmanuel Le Roy Ladurie - the core of which is the debate on the Price Revolution of the sixteenth century dealt with by Cipolla, Chabert, Hoszowski and Verlinden.

Within the volume, all the contributions are oriented towards Europe in the sixteenth and seventeenth centuries, and all are concerned with long-term changes, and with the relation between economic growth and social change. It includes articles on the European movement of expansion discussed by Malowist and the activities of the Hungarian nobles as entrepreneurs discussed by Pach, and two articles on wider issues: Le Roy Ladurie on the history of climate, and Braudel, summing up the Annales programme, on the relation between history and the social sciences. This classic text was first published in 1972.