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He is president of the Economic History Association and his work has been recognised by The Cliometric Society via their awarding him a Clio Can in recognition his of exceptional support of cliometrics.
He was awarded a "Clio" Award For Exceptional Support to the Field of Cliometrics, by the Cliometric Society and his work has received recognition by the Economic History Association via its awarding him the Arthur H. Cole Prize for the Outstanding Article in The Journal of Economic History.
He once served as President of the Economic History Association and the Business History Conference, and is currently a Trustee of the Museum of American Finance.