Ó Gráda, CormacCormacÓ Gráda2008-08-262008-08-26UCD School2002-08200218http://hdl.handle.net/10197/497How markets perform during famines has long been a contentious issue. Recent research tends to associate famine with market segmentation and hoarding. The evidence of this paper, based on an analysis of the spatial and temporal patterns of price movements during four famines in preindustrial Europe, is that markets functioned ‘normally’ in times of crisis.4304 bytesapplication/pdfenFamines--EuropeMarkets--EuropeFood supply--EuropeAdam Smith and Amartya Sen : markets and famines in pre-industrial EuropeWorking Paperhttps://creativecommons.org/licenses/by-nc-sa/1.0/