"This comprehensive historical account tells the story of 200 years of financial panics in America, from 1819 up to the current economic downturn of 2020, showing how and why so many financial crises have occurred in the United States and offering solutions to avoiding these sorts of crises...

Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation. Progress on this topic has been inhibited by difficulties in measuring distance and movement in knowledge space. We describe a methodology that infers the mapping of the...