Among Colorado's fastest growing cities in the 21st century, Commerce City was settled in the 1850s, located today 8 miles northeast of Denver's capitol building. Known for hog farms, truck farms, and dairies, as well as refineries and grain elevators, Commerce City was, during World War II, the site of the enormous Rocky Mountain Arsenal, a U.S. Army weapons manufacturing facility. Incorporated in 1952 as Commerce Town, the name was changed to Commerce City in 1962, which adopted home rule in 1970. Commerce City is regionally famous and nationally recognized for parks and recreation, Buffalo Run Golf Course, Mile High Kennel Club (dog racing), and nearby Rocky Mountain Arsenal National Wildlife Refuge. The new Commerce City Civic Center and Dick's Sporting Goods Park, which is home to pro soccer's Colorado Rapids, were completed in 2007. Commerce City remains a speedily changing municipality with a diverse cultural mix and generations of residents with strong community roots.

Cities of Commerce develops a model of institutional change in European commerce based on urban rivalry. Cities continuously competed with each other by adapting commercial, legal, and financial institutions to the evolving needs of merchants. Oscar Gelderblom traces the successive rise of Bruges, Antwerp, and Amsterdam to commercial primacy between 1250 and 1650, showing how dominant cities feared being displaced by challengers while lesser cities sought to keep up by cultivating policies favorable to trade. He argues that it was this competitive urban network that promoted open-access institutions in the Low Countries, and emphasizes the central role played by the urban power holders--the magistrates--in fostering these inclusive institutional arrangements. Gelderblom describes how the city fathers resisted the predatory or reckless actions of their territorial rulers, and how their nonrestrictive approach to commercial life succeeded in attracting merchants from all over Europe. Cities of Commerce intervenes in an important debate on the growth of trade in Europe before the Industrial Revolution. Challenging influential theories that attribute this commercial expansion to the political strength of merchants, this book demonstrates how urban rivalry fostered the creation of open-access institutions in international trade.