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A Shocking View of Economic History

Published online by Cambridge University Press:  26 July 2012

Larry Neal
Affiliation:
Larry Neal is Professor, Department of Economics, University of Illinois, 1407 W. Gregory Drive, Urbana, IL 61801, Tel: (217) 333-4678, Fax: (217)333-1398, e-mail: l-neal@uiuc.edu.

Extract

Economics, like geology, is an historical science. Geology has made incredible advances by accepting it is an historical, rather than a laboratory science. Economic historians can help economics make similar advances by adopting the research strategies of modern geology. Intensely empirical and global in their range, today's geologists focus on the historical remains of shocking, usually catastrophic, events in the earth's past. Already empirical and global, economic historians have ample shocks to study whether their specialty is population, technology, or institutions. A few examples of the possibilities should stimulate us to reinvigorate our parent disciplines of economics and history.

Type
Articles
Copyright
Copyright © The Economic History Association 2000

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