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Economic History or History of Economics? A Review Essay on Sylvia Nasar's Grand Pursuit : The Story of Economic Genius
Ashenfelter, Orley - 2011
In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … and foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert …
Persistent link: https://www.econbiz.de/10013118245
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The Macroeconomist as Scientist and Engineer
Mankiw, N. Gregory - 2006
This essay offers a brief history of macroeconomics, together with an evaluation of what has been learned over the past several decades. It is based on the premise that the field has evolved through the efforts of two types of macroeconomist%u2014 those who understand the field as a type of...
Persistent link: https://www.econbiz.de/10012779829
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Marshall'S Economies
Henderson, J. Vernon - 2021
This paper estimates the nature and magnitude of the local externalities from own industry scale, as envisioned by Marshall. Census panel data on individual plants in high-tech and machinery industries across up to 487 countries are utilized, to quantify the direct effects of local external...
Persistent link: https://www.econbiz.de/10013248099
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History as Evolution
Nunn, Nathan - 2022
important insights into a range of phenomena within economics, including a deeper understanding of human capital, innovation … body of research within economics that has made progress in improving our understanding of cultural evolution and, thus …, contributing to evolutionary disciplines outside of economics …
Persistent link: https://www.econbiz.de/10013297184
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Fighting the Last War : Economists on the Lender of Last Resort
Grossman, Richard S. - 2015
In this paper we trace the evolution of the lender of last resort doctrine—and its implementation—from the nineteenth century through the panic of 2008. We find that typically the most influential economists “fight the last war”: formulating policy guidelines that would have dealt...
Persistent link: https://www.econbiz.de/10013030619
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Economic Cycles in Ancient China
Zhang, Yaguang - 2015
We discuss business cycles in ancient China. Data on Ancient China business cycles are sparse and incomplete and so our discussion is qualitative rather than quantitative. Essentially, ancient debates focused on two types of cycles: long run political or dynastic cycles of many decades, and...
Persistent link: https://www.econbiz.de/10013013169
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The Shape of Twentieth Century Economic History
DeLong, J. Bradford - 2021
The history of the twentieth century can be summarized excessively briefly in five propositions: First, that the history of the twentieth century was overwhelmingly economic history. Second, that the twentieth century saw the material wealth of humankind explode beyond all previous imagining....
Persistent link: https://www.econbiz.de/10013243369
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Historical Macroeconomics and American Macroeconomic History
Calomiris, Charles W.; Hanes, Christopher - 2021
What can macroeconomic history offer macroeconomic theorists and macroeconometricians? Macroeconomic history offers more than longer time series or special `controlled experiments.' It suggests an historical definition of the economy, which has implications for macroeconometric methods. The...
Persistent link: https://www.econbiz.de/10013310134
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Economics, History, and Causation
Morck, Randall - 2011
Economics and history both strive to understand causation: economics using instrumental variables econometrics and …
Persistent link: https://www.econbiz.de/10013131513
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The Economic History of the "American Economic Review" : A Century's Explosion of Economics Research
Margo, Robert A. - 2010
-purpose publication with highly disparate content. Over time the economics profession expanded and more economics research was produced …
Persistent link: https://www.econbiz.de/10013139146