This exciting new volume examines the development of market performance from Antiquity until the dawn of the Industrial Revolution.
Efficient market structures are agreed by most economists to serve as evidence of economic prosperity, and to be prerequisites for further economic growth. However, this is the first study to examine market performance as a whole, over such a large time period. Presenting a hitherto unknown and inaccessible corpus of data from ancient Babylonia, this international set of contributors are for the first time able to offer an in-depth study of...
This exciting new volume examines the development of market performance from Antiquity until the dawn of the Industrial Revolution.
'Big data' is now readily available to economic historians, thanks to the digitisation of primary sources, collaborative research linking different data sets, and the publication of databases on the internet. Key economic indicators, such as the consumer price index, can be tracked over long periods, and qualitative information, such as land use, can be converted to a quantitative form. In order to fully exploit these innovations it is necessary to use sophisticated statistical techniques to reveal the patterns hidden in datasets, and this book shows how this can be done. A distinguished...
'Big data' is now readily available to economic historians, thanks to the digitisation of primary sources, collaborative research linking different da...
Starting with the 16th century trade of Latin American silver and Chinese silk, leading researchers trace the economic, environmental and social history of the Pacific region. Chapters examine the trade of diverse commodities within the Pacific and analyse the ecological and social impacts of this increasing economic activity. The strong Chinese marketplace emerges as crucial to early Pacific development, and is compared with Japan's central role in the region's modern economy.
Starting with the 16th century trade of Latin American silver and Chinese silk, leading researchers trace the economic, environmental and social histo...
Addressing the dearth of literature that has been written on this key aspect of economic history, Takeshi Amemiya, a well known leading economist based at Stanford University, analyzes the two diametrically opposed views about the exact nature of the ancient Greek economy, putting together a broad and comprehensive survey that is unprecedented in this field. Partly a piece of economic history, partly a critique of utilitarianism, this book explores all areas of the Athenian economy, including public finance, banking and manufacturing and trade as well as discussing the historical, cultural,...
Addressing the dearth of literature that has been written on this key aspect of economic history, Takeshi Amemiya, a well known leading economist base...
This volume takes stock of recent research on economic growth, as well as the development of capital and labour markets, during the centuries that preceded the Industrial Revolution. The book underlines the diversity in the economic experiences of early modern Europeans and suggests how this variety might be the foundation of a new conception of economic and social change.
This volume takes stock of recent research on economic growth, as well as the development of capital and labour markets, during the centuries that pre...
The essays in this book use the analytical tools and theoretical framework of economics to interpret quantitative historical evidence, offering new ways to approach historical issues and suggesting entirely new types of evidence outside conventional archives. Rosenbloom has gathered together seven essays from leading quantitative economic historians, illustrating the breadth of scope and continued importance of quantitative economic history. All of the chapters explore in one way or another the economic and social transformations associated with the emergence of an industrial and...
The essays in this book use the analytical tools and theoretical framework of economics to interpret quantitative historical evidence, offering new wa...
The relationship between natural capital and economic growth is an open debate in the field of economic development. Is an abundance of natural resources a blessing or a curse for economic performance? The field of Economic History offers an excellent vantage to explore the relevance of institutions, technical progress and supply-demand drivers.
Natural Resources and Economic Growth contains theoretical and empirical articles by leading scholars who have studied this subject in different historical periods from the 19th century to the present day and in different...
The relationship between natural capital and economic growth is an open debate in the field of economic development. Is an abundance of natural res...
The History of Migration in Europe belies several myths by arguing, for example, that immobility has not been the "normal" condition of people before the modern era. Migration (far from being an income-maximizing choice taken by lone individuals) is often a household strategy, and local wages benefit from migration. This book shows how ssuccesses arise when governments liberalize and accompany the international movements of people with appropriate legislation, while failures take place when the legislation enacted is insufficient, belated or ill shaped.
Part I of this book addresses...
The History of Migration in Europe belies several myths by arguing, for example, that immobility has not been the "normal" condition of people befo...
The Federal Reserve System, which has been Congress s agent for the control of money since 1913, has a mixed reputation. Its errors have been huge. It was the principal cause of the Great Depression of the 1930s and the inflation of the 1970s, and participated in the massive bailouts of financial institutions at taxpayers' expense during the recent Great Recession.
This book is a study of the causes of the Fed s errors, with lessons for an improved monetary authority, beginning with an examination of the history of central banks, in which it is found that their performance depended on...
The Federal Reserve System, which has been Congress s agent for the control of money since 1913, has a mixed reputation. Its errors have been huge....