Professor Arrow on Economic Analysis and Economic History (1986)

2019 ◽  
pp. 35-40
Author(s):  
W. W. Rostow
Keyword(s):  
Economic Analysis ◽  
Economic History

An Economic Analysis of Indian Behavior in the North American Fur Trade

1972 ◽  
Vol 32 (1) ◽  
pp. 36-53 ◽  
Author(s):  
John C. McManus
Keyword(s):  
Economic Analysis ◽  
North American ◽  
Economic History ◽  
Fur Trade ◽  
Historical Research ◽  
The North ◽  
History Of ◽  
The Way

This study of Indian behavior in the fur trade is offered more as a report of a study in progress than a completed piece of historical research. In fact, the research has barely begun. But in spite of its unfinished state, the tentative results of the work I have done to this point may be of some interest as an illustration of the way in which the recent revival of analytical interest in institutions may be used to develop an approach to the economic history of the fur trade.

The AT&T Settlement: Legal Summary, Economic Analysis, and Marketing Implications

1985 ◽  
Vol 49 (1) ◽  
pp. 127-136 ◽  
Author(s):  
Ben M. Enis ◽  
E. Thomas Sullivan
Keyword(s):  
Economic Analysis ◽  
Economic History ◽  
Product Market ◽  
Legal Issues ◽  
Significant Events ◽  
Market Framework ◽  
Modern Economic ◽  
The Many

A review of one of the most significant events in modern economic history, the restructuring of American Telephone and Telegraph Company, this article gives a concise summary of the legal issues, from first allegations in 1974 through the final order in 1983. It offers a six-category product-market framework for considering the economic and marketing implications of the settlement, and provides a foundation for continued study of the many opportunities and threats implicit in greatly increasing the scope and diversity of telecommunications marketing.

scholarly journals New Institutional Economics’ Perspective on Wealth and Poverty of Nations. Concise Review and General Remarks on Acemoglu and Robinson’s Concept

2015 ◽  
Vol 62 (s1) ◽  
pp. 11-18
Author(s):  
Joanna Dzionek-Kozłowska ◽  
Rafał Matera
Keyword(s):  
Economic Development ◽  
Economic Analysis ◽  
Economic History ◽  
Institutional Economics ◽  
New Institutional Economics ◽  
Political Processes ◽  
Concise Review ◽  
The People ◽  
Open Discussion ◽  
The Common

Abstract Many thinkers made attempts to explain differences in economic development between countries, and point out what should be done to foster development. We review briefly some spectacular theories focused on these fundamental problems. We use the tools of economic analysis and the methods characteristic especially for institutional economics and economic history. However, the paper’s central aim is to analyse and assess one of the newest voices in that still open discussion coming from Acemoglu and Robinson and presented in their “Why Nation Failed? The Origins of Power, Prosperity, and Poverty”. Their book is brimmed with compelling illustrations, which we acknowledge as its strongest point. While the accuracy and coherence of their generalisations leave much to be desired. The analysis of those examples let to infer that the most important element encouraging or hampering economic development is the common participation of the people in economic and political processes.

European Industry 1700-1870

2008 ◽  
Vol 49 (2) ◽  
Author(s):  
Stephen Broadberry ◽  
Rainer Fremdling ◽  
Peter M. Solar
Keyword(s):  
Economic Analysis ◽  
Technological Change ◽  
Economic History ◽  
Quantitative Methods ◽  
Industrial Revolution ◽  
General Purpose ◽  
Gradual Process ◽  
European Industry ◽  
Path Dependent

AbstractThis paper offers an overview of the development of European industry between 1700 and 1870, drawing in particular on the recent literature that has emerged following the formation of the European Historical Economics Society in 1991. The approach thus makes use of economic analysis and quantitative methods where appropriate. There are a number of important revisions, compared with previous accounts of Europe’s Industrial Revolution, particularly as embodied in the major existing textbooks on European economic history. First, the Industrial Revolution now emerges as a more gradual process than was once implied by the use of the take-off metaphor. Nevertheless, the scale of the structural transformation that occurred during the process of industrialisation continues to justify the use of the term Industrial Revolution. Second, although the emphasis on the central role of technological change is not new, we use economic analysis to shed new light on the process. Drawing on a model of technological choice first introduced by Paul David, we emphasise the importance of factor prices for the initial switch to modern capital intensive production methods in Britain, the rate of diffusion of these methods to other countries and path dependent technological change. In the cotton industry, particular emphasis is placed on the role of high wages, while in the iron industry, the price of coal is seen to play an important part. We also draw on the idea of a General Purpose Technology to evaluate the role of steam power.

Medieval Workshop: Toward a Theory of Consumption and Economic Change

1985 ◽  
Vol 45 (2) ◽  
pp. 447-451 ◽  
Author(s):  
Susan Mosher Stuard
Keyword(s):  
Economic Analysis ◽  
Early Modern ◽  
Social History ◽  
Economic History ◽  
Economic Change ◽  
Demand For Money ◽  
Goods And Services ◽  
Modern Economy ◽  
The Alps

This workshop addressed a question of concern to medieval economic history for over a generation. Frederic C. Lane called for a theory of consumption, and Carlo Cipolla and Robert Lopez have encouraged a more thorough investigation of the role of demand. Because demand is sometimes understood in terms of needs and of taste, it is often subsumed under the heading of social history, which characterizes and describes, while economic analysis has centered on studies of supply, with their more precise and quantifiable parameters.Will the largely descriptive tools at our disposal help us to understand how demand affected the early-modern economy? The workshop considered demand for goods and services and demand for money. The first three papers addressed the Mediterranean south, and the last three focused upon Europe north of the Alps.

From economic history to the economics of history? (On the book by A. S. Skorobogatov “Society as a contract between the strong and the weak: Essays on the economics of history”)

2019 ◽  
pp. 135-146
Author(s):  
Yury V. Latov
Keyword(s):  
Economic Analysis ◽  
Social Development ◽  
Economic History ◽  
Economic Life ◽  
The Other ◽  
Historical Knowledge ◽  
History Of ◽  
Complex Relationships ◽  
The One ◽  
Academic Economist

Reflections on the new book, which focuses on the “economics of history”, give a glimpse on the complex relationships between historians exploring development of economic life and economists seeking to apply methods of economic analysis to rethink historical knowledge. The reviewed book by A. Skorobogatov is an apt example of the difficulties faced by an academic economist who has decided to contribute to the analysis of the history of social development. On the one hand, this book is innovative, being the first example in Russia of a systemic neoinstitutional approach to history. On the other hand, Skorobogatov offers a few controversial speculations, which will be ambiguously perceived by many readers (especially historians). The review concludes that the book lays the appropriate creative groundwork to continue developing the new (for Russia) direction of economic history research.

John Stuart Mill

2021 ◽  
pp. 137-159
Author(s):  
Manolis Manioudis
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Economic Analysis ◽  
Economic History ◽  
John Stuart Mill ◽  
Late Nineteenth Century ◽  
Historical School ◽  
Middle Way ◽  
Late Nineteenth ◽  
Factual Data

This article attempts to illustrate the interrelations between theory and history in John Stuart Mill’s political economy. Mill follows a stages theory from the tradition of the Scottish historical school and viewed history as an essential part in understanding economic phenomena. The article stresses the affinities between Mill and the Scottish historical school while at the same time showing how Mill moves between theory and history to verify his views or to show the limit of his economic analysis. This movement, viewed as a part of his attempt to sketch out a middle way between Ricardianism and inductivism, provided Mill the opportunity to make an extensive use of factual data before the professionalization of economic history proper in the late nineteenth century.

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