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Economic evolution and revolution in historical time / edited by Paul W. Rhode, Joshua L. Rosenbloom, and David F. Weiman.
- Format:
- Book
- Language:
- English
- Subjects (All):
- Economic history--Congresses.
- Economic history.
- United States--Economic conditions--19th century--Congresses.
- United States.
- United States--Economic conditions--20th century--Congresses.
- Physical Description:
- 1 online resource (484 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Stanford, Calif. : Stanford Economics and Finance, 2011.
- Language Note:
- English
- Summary:
- This book challenges the static, ahistorical models on which Economics continues to rely. These models presume that markets operate on a "frictionless" plane where abstract forces play out independent of their institutional and spatial contexts, and of the influences of the past. In reality, at any point in time exogenous factors are themselves outcomes of complex historical processes. They are shaped by institutional and spatial contexts, which are "carriers of history," including past economic dynamics and market outcomes. To examine the connections between gradual, evolutionary change and more dramatic, revolutionary shifts the text takes on a wide array of historically salient economic questions—ranging from how formative, European encounters reconfigured the political economies of indigenous populations in Africa, the Americas, and Australia to how the rise and fall of the New Deal order reconfigured labor market institutions and outcomes in the twentieth century United States. These explorations are joined by a common focus on formative institutions, spatial structures, and market processes. Through historically informed economic analyses, contributors recognize the myriad interdependencies among these three frames, as well as their distinct logics and temporal rhythms.
- Contents:
- The Stanford tradition in economic history / Gavin Wright
- Natural resources and economic outcomes / Karen Clay
- The institutionalization of science in Europe, 1650-1850 / George Grantham
- The fundamental impact of the slave trade on African economies / Warren C. Whatley and Rob Gillezeau
- Similar societies, different solutions : U.S. Indian policy in light of Australian policy toward aboriginal peoples / Leonard A. Carlson
- Financial market and industry structure : a comparison of the banking and textile industries in Boston and Philadelphia in the early nineteenth century / Ta-Chen Wang
- Railroads and the rise of the factory : evidence for the United States, 1850-1870 / Jeremy Atack, Michael Haines, and Robert A. Margo
- Productivity growth and the regional dynamics of antebellum southern development / Alan L. Olmstead and Paul W. Rhode
- Banking on the periphery : the Cotton South, systemic seasonality, and the limits of national banking reform / Scott A. Redenius and David F. Weiman
- Rural credit and mobility in India / Susan Wolcott
- Labor-market regimes in U.S. economic history / Joshua L. Rosenbloom and William A. Sundstrom
- The political economy of progress : lessons from the causes and consequences of the New Deal / Robert K. Fleck
- Teachers and tipping points : historical origins of the teacher quality crisis / Stacey M. Jones
- Inequality and institutions in twentieth-century America / Frank Levy and Peter Temin
- The unexpected long-run impact of the minimum wage : an educational cascade / Richard Sutch
- America's first culinary revolution, or how a girl from Gopher Prairie came to dine on eggs foo yong / Susan B. Carter.
- Notes:
- Papers originally presented at a conference sponsored by Stanford University's Institute for Economic Policy Research (SIEPR) and held Sept. 26-27, 2008.
- Includes bibliographical references and index.
- ISBN:
- 9780804777629
- 0804777624
- OCLC:
- 726734852
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