In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from the authors' profound disagreement with that trend. It demonstrates not only how the new classical view got macroeconomics wrong, but also how to go about doing...

This paper explores the responses of fertility and nuptiality to fluctuations in real wages and mortality that can be inferred from annual series of English historical data over the period 1542 to 1800. The paper begins with a review of the time series properties of the data and summarizes the...

We examine the health and height of men born in England and Wales in the 1890s who enlisted in the army at the time of the First World War. We take a sample of the army service records and use this information to find the recruits as children in the 1901 census. Econometric results indicate that...

We examine the health and height of men born in England and Wales in the 1890s who enlisted in the army at the time of the First World War. We take a sample of the army service records and use this information to find the recruits as children in the 1901 census. Econometric results indicate that...

Migrants are sometimes regarded as marginal workers in metropolitan labour markets. London has long been a major destination for migrants from elsewhere in Britain and abroad. In this paper we examine the earnings and unemployment experience in 1929-1931 of male workers who migrated to London,...

I. Marshall, quien presidió esta sección hace justo cien años, escribió que la economía "no era un cuerpo de verdad concreta sino una máquina para descubrir la verdad concreta". Aunque la máquina es imperfecta y aún no es objeto de mejoras, Marshall tenía toda la razón. La economía...