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Persistent link: https://www.econbiz.de/10015051579
This essay examines the relationship between Austrian economics and economic history. It notes their different origins as scholarly fields, and divergent trajectories over the course of the twentieth century, before discussing recent examples of cross-fertilization and pointing to areas of...
Persistent link: https://www.econbiz.de/10015051905
Economic history has become an increasingly broad discipline, after a temporary narrowing following the cliometric revolution of the mid-twentieth century. Increasingly sophisticated econometric techniques are used to capture the institutional detail involved in the dynamics of historical...
Persistent link: https://www.econbiz.de/10015051907
This article examines the role of ideas, tradition, and economic history in the context of F. A. Hayek's theory of social knowledge. While Hayek often emphasized the beneficial consequences of unintended and spontaneous action, his accounts of the transmission of ideas within society identified...
Persistent link: https://www.econbiz.de/10015051911
The theory of interventionism argues that government interventions are inherently destabilizing, which in turn helps explain the growth of government. I argue that the theory of interventionism is also useful for explaining the process of economic growth. At first, an intervention reduces living...
Persistent link: https://www.econbiz.de/10015051912
In this article, I investigate why it was so difficult for nineteenth-century Mexico to develop the institutions necessary for a modern state. Driven by regional warlords and bandits, the country suffered from persistent violence and disorder. Challenging geography and colonial legacies...
Persistent link: https://www.econbiz.de/10015051913
In this article I selectively survey the economic history literature on the rise of regulation in America during the Progressive Era with the goal of identifying how this literature is informed by Austrian economic theory, and how Austrian theory might contribute to our understanding of the...
Persistent link: https://www.econbiz.de/10015051914
Although many economic and business historians have examined how American railroads colluded to raise rates or limit service, they have paid less attention to the many ways railroads cooperated to exchange cars and freight between companies and build needed interconnections. This article...
Persistent link: https://www.econbiz.de/10015051915
Persistent link: https://www.econbiz.de/10015051927
This article takes a further step in identifying a more complete economic history of deindustrialization. Following the extension of the timeline and its divorce from the 1970s, this article examines the reasons for production facility relocation out of Detroit prior to the 1970s with a...
Persistent link: https://www.econbiz.de/10015051930