This volume marks fifty years of an innovative approach to writing economic history often called "The Cliometrics Revolution." The book presents memoirs of personal development, intellectual lives and influences, new lines of historical research, long-standing debates, a growing international scholarly community, and the contingencies that guide an
This book deals with two key aspects of the history of steam engines, a cornerstone of the Industrial Revolution, specifically the road that led to its discovery and the process of diffusion of the early steam engines. The first part of the volume outlines the technological and scientific developments which took place between the 16th and 18th centuries, proving critical for the invention of this strategic technology. The most important question addressed is why did England come up with this innovation first as opposed to other countries (e.g., France, Italy), which were more advanced in terms of knowledge pertinent to it. The second part of the volume traces the process of diffusion of the early steam engines, the Newcomen model, through to 1773, the year prior to the first commercial application of the second generation of steam engines (the Watt model). The process of diffusion is quantified on the basis of a novel method before proceeding with a discussion of the main determinants of this process. Kitsikopoulos pulls together a large amount of relevant evidence found in primary sources and more technically oriented literature which is often ignored by economic historians. This book will be of interest to economic historians and historians of technology.
History and Economic Life offers students a wide-ranging introduction to both quantitative and qualitative approaches to interpreting economic history sources from the Middle Ages to the Twentieth Century. Having identified an ever-widening gap between the use of qualitative sources by cultural historians and quantitative sources by economic historians, the book aims to bridge the divide by making economic history sources more accessible to students and the wider public, and highlighting the need for a complementary rather than exclusive approach. Divided into two parts, the book begins by equipping students with a toolbox to approach economic history sources, considering the range of sources that might be of use and introducing different ways of approaching them. The second part consists of case studies that examine how economic historians use such sources, helping readers to gain a sense of context and understanding of how these sources can be used. The book thereby sheds light on important debates both within and beyond the field, and highlights the benefits gained when combining qualitative and quantitative approaches to source analysis. Introducing sources often avoided in culturally-minded history or statistically-minded economic history courses respectively, and advocating a combined quantitative and qualitative approach, it is an essential resource for students undertaking source analysis within the field.
In Cliometrics as Economics Imperialism, Ben Fine traces the cliometric revolution, from before its emergence through three phases of the new, the newer and the newest economic history. These phases are shown to correspond to those of “economics imperialism”, the colonisation of topics and fields by mainstream economics, moving successively through as if there were perfectly working markets, as if imperfectly working markets, and these combined plus arbitrary inclusion of other variables. The text draws upon case studies, for example of the putative eighteenth-century consumer revolution, Douglass North, path dependence, and the British coal industry, and through exposing the reduction of economic theory and economic history deployed within them and giving rise to a corresponding reduction in the presence of the social, the historical and political economy.
This book advances a new theory of why nationalism emerged in the modern world. In particular it explains why nationalism and economic development are closely linked, and why warfare plays a crucial role in the spread of the nation-state system. It is based on qualitative and quantitative evidence over the period 1600 to 2000 for seven countries – Great Britain, France, Germany, Yugoslavia, the United States, Japan and China
Few economic events have caused such controversy as the privatization process in Russia. Some see it as the foundation of political and economic freedom. For others it was economics gone wrong, and ended in "Russians stealing money from their own country". As Russia reasserts itself, and its new brand of capitalism, it is ever more important that policy makers and scholars understand the roots of the economic structure and governance of that country; what was decided, who made the decisions and why, what actually transpired, and what implications this has for the future of Russia. This work, written by two senior advisors to the Russian government, has unique access to documentation, tracking the decision making process in the Russian Mass Privatization process. By close reference to events, and supplemented by interviews with many of the key participants, it shows that the policies adopted were often influenced and shaped by different forces than those cited by current popular accounts. The book challenges the interpretation of Russian privatization by some of the West’s most eminent economists. It underlines that economists of all schools, who bring assumptions from the West to the analysis of Russia, may reach false or misleading conclusions. It is an essential guide for anyone interested in Russian economic reform, and anyone who seeks to understand this enigmatic country, and its actions today.
This volume takes up bankruptcy in early modern Europe, when its frequency made it not only an economic problem but a personal tragedy and a social evil. Using legal, business and personal records, the essays in this volume examine the impact of failure on business organizations and practices, capital formation and circulation, economic institutions and ethics, and human networks and relations in the so-called "transition" to modern society, from the early-sixteenth to the early-nineteenth century. One group of essays concentrates on the German-speaking world and shows a common concern for the microeconomics of bankruptcy, that is, for such issues as the structure of the firm, the nature of its capital, and the practices of its partners, especially their assessment of risk. Another group of essays shifts the focus from Central to Western and Northern Europe and away from the microeconomics of the early modern firm to an institutional consideration of bankruptcy. The final group of essays turns to Southern Europe, especially the Mediterranean basin, to assess bankruptcy not as an unfortunate result of crisis, but as an intentional response to crisis. All of the contributions are the result of original research; many of the scholars publish in English for the first time. All of the chapters are founded on close archival research, offering insights not only into business organization and practice but also into social and cultural aspects of economic life from the late sixteenth to the early nineteenth century.
This volume explores economic, social, and political dimensions of three catastrophic famines which struck mid-nineteenth and early-twentieth century Europe; the Irish Famine (An Gorta Mór ) of 1845–1850, the Finnish Famine (Suuret Nälkävuodet) of the 1860s and the Ukrainian Famine (Holodomor) of 1932/1933. In addition to providing new insights into these events on international, national and regional scales, this volume contributes to an increased comparative historiography in historical famine studies. The parallel studies presented in this book challenge and enhance established understandings of famine tragedies, including: famine causation and culpability; social and regional famine vulnerabilities; core–periphery relationships between nations and regions; degrees of national autonomy and self-sufficiency; as well as famine memory and identity. Famines in European Economic History advocates that the impact and long-term consequences of famine for a nation should be understood in the context of evolving geopolitical relations that extend beyond its borders. Furthermore, regional structures within a nation can lead to unevenness in both the severity of the immediate famine crisis and the post-famine recovery. This book will be of interest to those in the fields of economic history, European history and economic geography.
Haiti, one of the least developed and most vulnerable nations in the Western Hemisphere, made the international headlines in January 2010 when an earthquake destroyed the capital, Port-au-Prince. More than a year later, little reconstruction has taken place, in spite of a strong international funding commitment. Mats Lundahl has written several seminal works on Haiti, and this volume brings together the best of his past work on Haiti’s economic and political history, along with a comprehensive introduction and two new chapters which bring the story right up to the present day. Together, the volume provides both historical background and explanation as to why Haiti was so badly affected by the earthquake, and to why reconstruction efforts have been ineffective this far. Lundahl argues that the two main causes can found in the interaction between the growth of the population and the destruction of the arable soil on the one hand, and in the creation of a predatory state during the nineteenth century, which still exists to this day. This book provides a comprehensive analysis, which charts these themes from the time of the arrival of Columbus in the island in 1492, to the present day. The book also deals with contemporary market and policy failures, as well as the crucial recent elections, and considers the path ahead for this impoverished nation. This book will be of huge relevance and interest not only to students and researchers in economic history, but also for all those working on development economics, development studies and American and Caribbean Studies more generally.
