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Encyclopedia > Economic history

Economic history is the study of how economic phenomena evolved in the past. Analysis in economic history is undertaken using a combination of historical methods, statistical methods and by applying economic theory to historical situations. The topic includes business history and overlaps with areas of social history such as demographic history and labor history. Quantitative economic history is also referred to as cliometrics. This article is about the human activity. ... This article is about the study of the past in human terms. ... The historical method comprises the techniques and guidelines by which historians use primary sources and other evidence to research and then to write history. ... A graph of a bell curve in a normal distribution showing statistics used in educational assessment, comparing various grading methods. ... Business history is the branch of economic history that deals with the history of business organizations, methods, government regulation, labor relations, and impact on society. ... Å…Social history is an area of historical study considered by some to be a social science that attempts to view historical evidence from the point of view of developing social trends. ... Demographic history may refer to: Demographic history of the United States Demographic history of Macedonia Demographic history of Montenegro History of the demographics of Bosnia and Herzegovina Demographic history of Portugal Demographic history of Quebec Demographic history of Serbia Demographic history of Greece Demographics of the Philippines Category: ... til the development of wage labour. ... Cliometrics refers to the systematic use of economic theory and econometrics techniques to study economic history. ...

Contents

Description

Practitioners and advocates of the first approach, which was for a long time dominant in the United Kingdom, generally regarded economic history as being either an independent discipline or a subfield of history. Practitioners of the second approach, which is more influential in the United States, usually regard economic history as a subfield of economics. In France, economic theory and demographics was early integrated into mainstream historiography due to the large impact of the Annales School of history from the 1920s and onwards. This article is about the study of the past in human terms. ... The Annales School (Annales is pronounced // in French) is a school of historical writing named after the French scholarly journal Annales dhistoire économique et sociale (later called , then renamed in 1994 as ) where it was first expounded. ... The 1920s they were sexy referred to as the Jazz Age or the Roaring Twenties, usually applied to America. ...


Economic history has been a contentious issue in the United Kingdom for many years. The London School of Economics and Oxbridge had numerous duels over the separation of economics and economic theory. Oxbridge believed that pure economics involved a component of economic history and that the two were inseparably entangled. The relative newcomer, the London School of Economics (LSE), believed that economic history warranted its own course, program, study and research apart from pure economics. Eventually, the LSE position seems to have won out and now many schools in the UK and the US have now developed programs in economic history which have their roots in the LSE model of separating economics and economic history. Often, economic historians such as Robert Fogel and Douglass North, both Nobel laureates in economics, and Nicholas Crafts, of LSE fame, are called upon to advise for some of the world foremost economic institutions: WEF, WTO, OECD and others. Mascot: Beaver Affiliations: University of London Russell Group EUA ACU CEMS APSIA Universities UK U8 Golden Triangle G5 Group Website: http://www. ... Oxbridge is a name used to refer to the universities of Oxford and Cambridge, the two oldest in the United Kingdom and the English-speaking world. ... Robert William Fogel (born July 1, 1926) is an American economic historian and scientist, and winner (with Douglass North) of the 1993 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ... Douglass Cecil North (born November 5, 1920) is co-recipient of the 1993 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ... The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel[1] (Swedish: Sveriges Riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), commonly called the Nobel Prize in Economics, or more acurately the Nobel Memorial Prize in Economic Sciences, is a prize awarded each year for outstanding intellectual... Nicholas F. R. Crafts (born March 9, 1949, Nottingham, England) is Professor of Economics and Economic History at the University of Warwick, a post he has held since 2005. ...


Cliometrics

Cliometrics refers to the systematic use of economic theory and econometrics techniques to study economic history. The term was originally coined by Jonathan R.T. Hughes and Stanley Reiter in 1960 and refers to Clio, who was the muse of history and heroic poetry in Greek mythology. This term is also sometimes used referring to counterfactual history. Cliometrics refers to the systematic use of economic theory and econometrics techniques to study economic history. ... Econometrics is concerned with the tasks of developing and applying quantitative or statistical methods to the study and elucidation of economic principles. ... Year 1960 (MCMLX) was a leap year starting on Friday (link will display full calendar) of the Gregorian calendar. ... Clio—detail from The Allegory of Painting by Johannes Vermeer For other uses, see Clio (disambiguation). ... For the rock band, see Muse (band). ... The bust of Zeus found at Otricoli (Sala Rotonda, Museo Pio-Clementino, Vatican) Greek mythology is the body of stories belonging to the Ancient Greeks concerning their gods and heroes, the nature of the world and the origins and significance of their own cult and ritual practices. ... Counterfactual history, also sometimes referred to as virtual history, is a recent form of history which attempts to answer what if questions known as counterfactuals. ...


Notable economic historians

Gregory Clark disambiguation: see Greg Clark (Journalist), the same as Gregory Clark (Canadian author) see Greg Clark (British M.P.) ... Nicholas F. R. Crafts (born March 9, 1949, Nottingham, England) is Professor of Economics and Economic History at the University of Warwick, a post he has held since 2005. ... Barry Eichengreen (born 1952)is an American economist who holds the title of George C. Pardee and Helen N. Pardee Professor of Economics at the University of California, Berkeley, where he has taught since 1987. ... Robert William Fogel (born July 1, 1926) is an American economic historian and scientist, and winner (with Douglass North) of the 1993 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ... Claudia Goldin is a Professor of Economics at Harvard University. ... Eric John Ernest Hobsbawm CH (born June 9, 1917) is a British Marxist historian and author. ... Leo Huberman (October 17, 1903 - November 9, 1968) was an American socialist who founded and co-edited Monthly Review. ... There have been several well-known people named Paul Johnson: Paul Johnson (artist) Paul Johnson (philanthropist) Paul Johnson (journalist) Paul Johnson (ice hockey), ice hockey player Paul Johnson (Canadian politician), former MPP Paul Johnson (rugby league footballer), an English rugby league player Paul Johnson (footballer), an Australian rules football ruckman... Charles P. Kindleberger (1910 to July 7, 2003) was a historical economist and author of over 30 books. ... Deirdre N. McCloskey (Born Donald N. McCloskey) (1942 - ) is an American economist and professor. ... Joel Mokyr (PhD Yale, 1974) is the Robert H. Strotz Professor of Arts and Sciences at Northwestern University. ... Douglass Cecil North (born November 5, 1920) is co-recipient of the 1993 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ... Karl Paul Polanyi (October 21, 1886 - Pickering, Ontario April 23, 1964) was a Hungarian intellectual known for his opposition to traditional economic thought and his influential book The Great Transformation. ... Amartya Kumar Sen CH (Hon) (Bengali: Ômorto Kumar Shen) (born 3 November 1933), is an Indian economist, philosopher, and a winner of the Bank of Sweden Prize in Economic Sciences (Nobel Prize for Economics) in 1998, for his contributions to welfare economics for his work on famine, human development theory... Dr. Peter Temin (born 1937) is a widely cited economist and economic historian, currently Elisha Gray II Professor of Economics, MIT and former head of the Economics Department. ... Sir John Hrothgar Habakkuk (May 13, 1915 – November 3, 2002) was an economic historian who served as vice-chancellor of the University of Oxford, England. ...

See also

The European Association for Evolutionary Political Economy (EAEPE) is a pluralist forum of social scientists that brings together the theorists and theoretical traditions to develop a more realistic and adequate approach to theory and policy. ... Used generally to describe a series of economic events from the second half of the 15th century to the first half of the 17th, the price revolution refers most specifically to the high rate of inflation that characterized the period across Western Europe, with prices on average rising perhaps sixfold... For other uses, see The Great Depression (disambiguation). ... It has been suggested that History of economics be merged into this article or section. ... The history of international trade chronicles the way that the flow of trade over long distances has shaped, and been shaped by history. ... This article or section is in need of attention from an expert on the subject. ... This is a list of notable recessions, financial crises, depressions and downturns. ... The factual accuracy of this article is disputed. ... GDP redirects here. ... PPP of GDP for the countries of the world (2003). ... This is a list of the countries of the world in order of Gross domestic product (GDP), based on exchange rates, not on purchasing power parity. ... A nominal is a word or a group of words that functions as a noun, i. ...

References

  • Rondo Cameron and Larry Neal (2003, 4th ed.) A Concise Economic History of the World: From Paleolithic Times to the Present,480 pp., including annotated bibliography, Oxford. Table of Contents,
  • N.F.R. Crafts (1987). "economic history," The New Palgrave: A Dictionary of Economics, v. 2, pp. 37-42.
  • Joel Mokyr, ed. (2003), The Oxford Encyclopedia of Economic History. Oxford, U.K.: Oxford University Press, 5 vols.

Larry Neal was born September 5, 1937 in Atlanta, Georgia. ... Nicholas F. R. Crafts (born March 9, 1949, Nottingham, England) is Professor of Economics and Economic History at the University of Warwick, a post he has held since 2005. ...

External links

Articles and lectures

  • On global economic history by Jan Luiten van Zanden. Explores the idea of the inevitability of the Industrial Revolution.

Economic History Services (EHS)

  • Economic History Society Economic History Society (EHS), publisher of the Economic History Review
  • EH.Net Economic History Services - Includes Economic History Encyclopedia, Ask the Professor, Book Reviews, databases, directories, bibliographies, mailing lists, and an inflation calculator.
  • International Economic History Association (IEHA)
  • Economic History Association

EHSData

  • Flandreau: Global Finance data series
  • Historicalstatistics.org - Links to historical economic statistics for different countries and regions.
  • Maddison (2006), The World Economy, OECD, Paris.
  • Angus Maddison's Historical Dataseries -Series on GDP, Population and GDP per capita from the year 0 up to 2003
  • Groningen Growth and Development Centre Total Economy Database -Series on GDP, Population, Employment, Hours worked, GDP per capita and productivity (per person and per hour) from 1950 up to 2006

Other EHS

  • XIV International Economic History Conference (2006)
  • International Economic History Association
  • The European Association for Banking and Financial History e. V.

EHS By country

  • EH.Net Encyclopedia:
    • Australia
    • Hawaii
    • Hong Kong
    • Indonesia
    • Israel
    • Japan
    • Korea
    • Malaysia
    • New Zealand
    • Norway
    • Portugal
    • Sweden
    • Taiwan
    • Uruguay
The Confederate States of America had an agrarian-based economy that relied heavily on slave-worked plantations for the production of cotton for export to Europe and the northern US states. ... The Byzantine economy was among the most advanced in Europe and the Mediterranean for many centuries. ... Economic history of the Ottoman Empire covers the time period, between 1299- 1923. ... The Economy of Scotland in the High Middle Ages for the purposes of this article pertains to the economic situation in Scotland between the death of Domnall II in 900, and the death of Alexander III in 1286 which then led indirectly to the Scottish Wars of Independence. ...

  Results from FactBites:
 
Economic history - Wikipedia, the free encyclopedia (328 words)
Economic history is the study of economic change, and of economic phenomena in the past.
Economic history is undertaken using both historical methods and the application of economic theory.
The term cliometrics (a reference to Clio, the Muse of history) is used to describe the application of econometric techniques to the study of economic history.
Economic History (1676 words)
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