James Foreman-Peck is Emeritus Professor at Cardiff University, UK. He has previously taught at the University of Oxford and University of California, Davis. He has been an economic advisor for HM Treasury. Most of his research projects are related to public policies and economic history, with a wide political and academic impact. He was a former president of the European Historical Economics Society and a Fellow of the Academy of Social Sciences.Peng Zhou is Professor of Applied Economics at Cardiff University, UK. His research footprint spans economic growth, economic inequality, financial economics, and innovation economics, with a track record of publications in leading journals across these fields. Beyond academia, he actively engages with business leaders and policymakers, providing consultancy to charities, government bodies, and companies in the UK and China. He is a board member of the Chinese Economic Association (Europe/UK).