Skip to main content

Professor Ranald Michie

Leader of Work Package 2

AffiliationRoom numberTelephone
Leader of Work Package 2 in Tipping Points Research Project  


Ranald Michie's research interests all fall into the broad area of financial history. Though primarily focused on the history of the British financial system, his work takes a global perspective. This is driven by a belief that no national financial system can be adequately understood in isolation. While banks and stock exchanges are traditionally studied as distinct financial institutions, he is equally concerned with their interaction through the money and capital markets. He similarly seeks to study both the internal workings and external connections of financial systems. As a result, his research has increasingly concentrated on two aspects. The first is the history of global securities markets, extending his publications on the London Stock Exchange to work on stock exchanges around the world. The second is the history of the City of London as a financial centre as it moved from trade to finance, and from domestic to global orientations.

Research interests

  • British and international economic history since 1700
  • Financial history, especially the City of London
  • Stock exchanges

Research Projects

  • Tipping Points


Authored book

  • Michie, Ranald C. (2009). Guilty Money. The City of London in Victorian and Edwardian Culture 1815-1914. London: Pickering and Chatto.
  • Michie, RC (2006). The Global Securities Market: a History. Oxford: Oxford University Press.
  • Michie RC (1999). The London Stock Exchange: A History. Oxford University Press.
  • Michie, RC (1992). The City of London: Continuity and Change since 1850. London: Macmillan.
  • Michie, R C (1987). The London and New York Stock Exchanges 1850 - 1914. London: Allen & Unwin.
  • Michie, R C (1981). Money, Mania and Markets: Investment, Company Formation and the Stock Exchange in Nineteenth-Century Scotland. Edinburgh: John Donald.

Chapter in book

Edited book

  • Philip Williamson & Ranald Michie (2004). The British Government and the City of London in the Twentieth Century. Cambridge University Press.
  • Michie, R C (2000). The Development of London as a Financial Centre. I.B. Tauris.

Journal Article