How history can contribute to better economic education

Coen Teulings, 11 July 2014



Historians tend to stress the particularities in history. Each event is unique, caused by a set of conditions that will never reproduce themselves again. In turn, each event causes new events, which therefore are equally unique and equally irreproducible. Hence, historians conduct painstaking research into the details of these conditions to understand the course of history.

Topics: Economic history, Education
Tags: agglomeration, Agriculture, economic history, geography, history, Industrial Revolution, institutions, new economic geography, urbanisation

What explains political institutions? Evidence from colonial British America

Elena Nikolova, 17 August 2012



Under what circumstances do democratic as opposed to authoritarian institutions emerge? Although a large literature has tackled this question (see Acemoglu et al. 2001, Acemoglu and Robinson 2012, Engerman and Sokoloff 2000), we still have an imperfect knowledge of how representative institutions originate and change.

Topics: Labour markets, Politics and economics
Tags: colonisation, democracy, economic history, institutions, US

International trade and institutional change: Medieval Venice's response to globalisation

Diego Puga, Daniel Trefler, 5 August 2012

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Topics: Institutions and economics, International trade
Tags: economic history, gloablisation, Italy

How universities helped transform the medieval world

Davide Cantoni, Noam Yuchtman, 21 May 2012



How does a new form of knowledge enter the public sphere and what are the consequences for economic activity? Today, thousands of students are pursuing university degrees in biotechnologies and computer sciences in order to enter the high-tech labour force or to become entrepreneurs. Do the institutions that train them generate economic growth?

Topics: Education, Frontiers of economic research
Tags: economic history, education, Middle Ages, university

Hatred transformed: How Germans changed their minds about Jews, 1890-2006

Hans-Joachim Voth, Nico Voigtländer, 1 May 2012



How and when do people change their minds? For example, watching a popular television series like AMC’s Mad Men seems to transport us straight to another planet. It shows the lives of advertising executives on Madison Avenue in the 1960s who spend their days drinking heavily (from 9am), chain-smoking, and fornicating.

Topics: Frontiers of economic research
Tags: economic history, genocide, Jews, Nazi Germany, WWII

Europe requires European bonds

Christophe Chamley, 10 January 2012



The ongoing Eurozone crisis has at least four dimensions:

Topics: EU policies, Europe's nations and regions
Tags: economic history, eurobonds, Eurozone crisis, political union

What really happened during the Glorious Revolution – and why it matters for current fiscal crises

Steven CA Pincus, James A Robinson, 7 August 2011



Debt crises and fiscal problems are nothing new. On 2 January 1672, King Charles II of England put a “stop on the exchequer,” suspending repayment of his debts for a year. Such events would have been more common for the Stuart kings if people had been prepared to lend them money in the first place.

Topics: Global crisis, Politics and economics
Tags: economic history, England, Eurozone crisis, Glorious Revolution

The “Out of Africa” hypothesis, human genetic diversity, and comparative economic development

Quamrul Ashraf, Oded Galor, 1 August 2011



Existing theories of comparative development seek to explain the vast inequality in living standards around the world.

Topics: Development, Economic history, Frontiers of economic research, Productivity and Innovation
Tags: Africa, economic development, economic history, genetic diversity

From lender of last resort to global currency? Sterling lessons for the US dollar

Marc Flandreau, Stefano Ugolini, 23 July 2011



Financial crises are bad news for the status of the currency in which the turmoil is denominated, right?

So the US-made financial crisis must be bad for the dollar, right?

And especially so because of the expansive dollar monetary policy that has ensued, right?

Topics: Economic history, Global crisis, International finance
Tags: Bank of England, economic history, exchange-rate policy, reserve currency, US dollar

Opening Pandora’s box: A new look at the industrial revolution

Tony Wrigley, 22 July 2011



The most fundamental defining feature of the industrial revolution was that it made possible exponential economic growth – growth at a speed that implied the doubling of output every half-century or less. This in turn radically transformed living standards. Each generation came to have a confident expectation that they would be substantially better off than their parents or grandparents.

Topics: Development, Energy, Environment, Frontiers of economic research
Tags: economic history, England, fossil fuels, Industrial Revolution, Ricardo, Smith

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