Introduction to Economic History: Economics 210A: Readings
Brad DeLong and Barry Eichengreen Spring 2014 :: University of California, Berkeley :: Wednesday 1:00-3:00 p.m. :: 597 Evans Hall
Readings:
Readings are available either on the web or, where there exists no web-based copy, at Graduate Services (http://www.lib.berkeley.edu/doemoff/grad/index.html) at 208 Doe Library. Access to readings available through JSTOR and other proprietary sources may require you to log on through a university-recognized computer and enter your Calnet ID. There can be high demand for the readings on reserve at peak times, and the library can make available only limited numbers of copies. In past years some students have found it useful to purchase some of the books from which material is assigned through their favorite online book seller and to assemble the materials for reproduction at a local copy shop.
Week 1: January 22. The Malthusian Economy (Feudalism and Manorialism; Guilds and Trade)
- Robert M. Solow (1985), "Economic History and Economics", American Economic Review 75:2 (May), pp. 328-331 http://www.jstor.org/stable/1805620
- Kenneth J. Arrow (1985), "Maine and Texas", American Economic Review 75:2 (May), pp. 320-323 http://www.jstor.org/stable/1805618
- Rick Steckel (2008), "Biological Measures of the Standard of Living", Journal of Economic Perspectives 22:1 (Winter), pp. 129-52 http://www.aeaweb.org/articles.php?doi=10.1257/jep.22.1.129
- Thomas Malthus (1798), An Essay on the Principle of Population, Chapters 1-2, pp.1-11, Electronic Scholarly Publishing Project, 1998. http://www.esp.org/books/malthus/population/malthus.pdf
- Gregory Clark (2007), A Farewell to Alms: A Brief Economic History of the World, Chapter 2, “The Logic of the Malthusian Economy,” pp. 19-39 and Chapter 3, “Living Standards,” pp. 40-70. Princeton: Princeton University Press. On reserve at Graduate Services.
- Moses Finley (1965), "Technical Innovation and Economic Progress in the Ancient World", Economic History Review NS 18:1, pp. 29-45 http://www.jstor.org/stable/2591872
Week 2: January 29. Revolutions in Time (Literacy Revolution, Commercial Revolution, Agricultural Revolution, State and Market Building)
- Karl Marx (1867), "The So-called Primitive Capital Accumulation," Capital, Vol. 1, Part VIII, Chapters 26-32. http://tinyurl.com/dl20090112k
- Daron Acemoglu, Simon Johnson, and James Robinson (2005), "The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth," American Economic Review 95:3, pp. 546-79 http://www.jstor.org/stable/i387682
- Robert Allen (2008), “The Nitrogen Hypothesis and the English Agricultural Revolution: A Biological Analysis,” Journal of Economic History 68, pp. 182-210 http://journals.cambridge.org/action/displayIssue?jid=JEH&volumeId=68&issueId=01&iid=1740956
Week 3: February 5. Modern Economic Growth (the Industrial Revolution, Britain vs. China, Standard of Living Debate)
- Michael Kremer (1993), "Population Growth and Technological Change: One Million B.C. to 1990", Quarterly Journal of Economics 108:3 (August), pp. 681-716 http://www.jstor.org/stable/2118405
- Nicholas Crafts (2002), "The Solow Productivity Paradox in Historical Perspective," CEPR Discussion Paper no. 3142 http://www.j-bradford-delong.net/articles_of_the_month/pdf/Newsolow.pdf
- Robert C. Allen (2011), “Why the Industrial Revolution Was British: Commerce, Induced Invention and the Scientific Revolution,” Economic History Review 64, pp. 357-384 http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0289.2010.00532.x/pdf
- Stephen Broadberry (2013), “Accounting for the Great Divergence,” unpublished manuscript, London School of Economics http://tinyurl.com/dl20140114a
Week 4: February 12. Extractive and Developmental Institutions (Westward Expansion, The “American System,” Railroads and Economic Growth)
- Robert Fogel (1964), Railroads and American Economic Growth: Essays in Econometric History, Chapters 1 and 6, pp. 1-6 and 207-249. Baltimore MD: Johns Hopkins University Press. On reserve at Graduate Services.
- Alfred Chandler (1990), Scale and Scope: The Dynamics of Industrial Capitalism, Chapter 3, pp. 47-89. Cambridge MA: Harvard University Press. On reserve at Graduate Services.
- Dave Donaldson and Richard Hornbeck (2012), “Railroads and American Economic Growth: A ‘Market Access’ Approach,” unpublished manuscript, MIT and Harvard University http://scholar.harvard.edu/hornbeck/files/railroads_dh_mar2012.pdf
Week 5: February 19. Slavery and Serfdom (the Ancient World, Two Europes, the Caribbean and the United States)
- Robert Brenner (1976), “Agrarian Class Structure and Economic Development in Pre-Industrial Europe”, Past and Present 70 (1976), pp. 30–74 http://libcom.org/history/agrarian-class-structure-economic-development-pre-industrial-europe-robert-brenner
- Stefano Fenoaltea (1984), “Slavery and Supervision in Comparative Perspective: A Model,” Journal of Economic History 44:3, pp. 635-668 http://www.jstor.org/stable/2124146
- Stanley Engerman and Kenneth Sokoloff (1994), "Factor Endowments, Institutions and Differential Paths of Development among New World Economies: A View from Economic Historians of the United States," NBER Working Paper no. 10066 http://papers.nber.org/papers/h0066.pdf
Week 6: February 26. Growth Accounting (Returns to Schooling, Returns to R&D)
- Daron Acemoglu and Joshua Angrist (2001), “How Large are Human-Capital Externalities? Evidence from Compulsory Schooling Laws,” NBER Macroeconomic Annual 2000, pp.9-74 http://papers.nber.org/books/bern01-1
- Petra Moser (2005), “How Do Patent Laws Influence Innovation? Evidence from 19th-Century World Fairs,” American Economic Review 95, pp. 1214-1236 http://www.aeaweb.org/articles.php?doi=10.1257/0002828054825501
Week 7: March 5. Cities and Economic Growth
- J. Bradford DeLong and Andrei Shleifer (1993), “Princes and Merchants: European City Growth Before the Industrial Revolution,” Journal of Law & Economics 36, pp.671-702 http://www.jstor.org/stable/725804
- Paul Bairoch (1989), “Urbanization and the Economy in Preindustrial Societies: The Findings of Two Decades of Research,” Journal of European Economic History 18, pp.239-291.
- Sukkoo Kim (2006), “Division of Labor and the Rise of Cities: Evidence from US Industrialization 1850-1880,” Journal of Economic Geography 6, pp.469-491 http://joeg.oxfordjournals.org/content/6/4/469.abstract
Week 8: March 12. Capital Markets
- Naomi Lamoreaux (1986), “Banks, Kinship, and Economic Development: The New England Case,” Journal of Economic History 46, pp. 647-667. http://www.jstor.org/stable/2121478
- Jaremski, Matthew and Peter Rousseau (2013), “Banks, Free Banks and U.S. Economic Growth,” Economic Inquiry 51, pp.1603-1621 http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7295.2012.00495.x/full
- Jeremy Edwards and Sheilagh Ogilvie (1996), “Universal Banks and German Industrialization: A Reappraisal,” Economic History Review 49:3, pp. 427-446. http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0289.1996.tb00576.x/abstract
Week 9: March 19. Labor Markets
- Sanford Jacoby (1984), “The Development of Internal Labor Markets in American Manufacturing Firms,” in Paul Osterman (ed.), Internal Labor Markets, pp. 23-69. Cambridge, MA: MIT Press. On reserve at Graduate Services.
- Susan Carter and Elizabeth Savoca (1990), “Labor Mobility and Lengthy Jobs in 19th Century America,” Journal of Economic History 50, pp. 1-16. http://www.jstor.org/stable/2123435
- Joshua Rosenbloom (2002), “Employment Agencies and Labor Exchanges: The Impact of Intermediaries in the Market for Labor,” in Joshua Rosenbloom, Looking for Work, Searching for Workers: American Labor Markets during Industrialization, Chapter 3, pp. 46-79. Cambridge, MA: Cambridge University Press. On reserve at Graduate Services.
March 21. Paper Prospectus Due
March 26. SPRING BREAK
Week 10: April 2. Women and Children First (the Demographic Transition, Child Labor, Universal Education, Modern Western Feminism)
- Ronald Lee (2003), “The Demographic Transition: Three Centuries of Fundamental Change,” Journal of Economic Perspectives 17, pp.167-190 https://www.aeaweb.org/articles.php?doi=10.1257/089533003772034943
- Goldin, Claudia and Kenneth Sokoloff (1984), “The Relative Productivity Hypothesis of Industrialization: The American Case, 1820 to 1850,” Quarterly Journal of Economics 99, pp. 461-487.
- Claudia Goldin (2001), “The Human-Capital Century and American Leadership: Virtues of the Past,” Journal of Economic History 61, pp.263-292 . http://www.nber.org/papers/w8239
- Martha Bailey (2013), “Fifty Years of Family Planning: New Evidence on the Long-Run Effects of Increasing Access to Contraception,” NBER Working Paper no. 19493 http://www.nber.org/papers/w19493
Week 11: April 9. Globalization and Crisis
- Richard Baldwin and Philippe Martin (1999), “Two Waves of Globalization: Superficial Similarities, Fundamental Differences,” NBER Working Paper no.6904 (January). http://www.nber.org/papers/w6904
- Douglas Irwin (1998), “Did Late Nineteen Century U.S. Tariffs Promote Infant Industries? Evidence from the Tinplate Industry,” NBER Working Paper no. 6835 (December). http://www.nber.org/papers/w6835
- Carmen Reinhart and Kenneth Rogoff (2013), “Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten,” IMF Working Paper no. WP/13/266 (December) http://www.imf.org/external/pubs/cat/longres.aspx?sk=41173.0
Week 12: April 16. International Money and Finance
- Arthur Bloomfield (1959), Monetary Policy under the International Gold Standard, pp. 1-62. New York, Federal Reserve Bank of New York. On reserve at Graduate Services.
- Barry Eichengreen (1992), Golden Fetters: The Gold Standard and the Great Depression, 1919-1939, Chapter 2, pp. 29-66. New York: Oxford University Press. On reserve at Graduate Services.
- Hugh Rockoff (1984), “Some Evidence on the Real Price of Gold, Its Costs of Production and Commodity Prices,” in Michael Bordo and Anna J. Schwartz (eds.), A Retrospective on the Classical Gold Standard,” pp. 613-650. Chicago: University of Chicago Press. http://ideas.repec.org/h/nbr/nberch/11139.html
Week 13: April 23. Origins of the Great Depression
- Milton Friedman and Anna Schwartz (1963), A Monetary History of the United States, 1867-1960, Chapter 13, pp. 676-700. Princeton: Princeton University Press. On reserve at Graduate Services.
- Christina Romer (1990), "The Great Crash and the Onset of the Great Depression," Quarterly Journal of Economics 104, pp. 719-736. http://www.jstor.org/stable/10.2307/2937892
- Ben Bernanke (1983), "Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression," American Economic Review 73:3, pp. 257-276. http://www.jstor.org/stable/1808111
- Ben Bernanke (1995), “The Macroeconomics of the Great Depression: A Comparative Approach,” Journal of Money, Credit and Banking 27:1, pp. 1-28. http://www.jstor.org/stable/i336266
Week 14: April 30. Recovery from the Great Depression
- Barry Eichengreen (1992), Golden Fetters: The Gold Standard and the Great Depression 1919-1939, Chapter 1, pp. 3-28. New York: Oxford University Press. On reserve at Graduate Services.
- Christina Romer (1992), “What Ended the Great Depression?” Journal of Economic History 52, pp. 757-784. http://www.jstor.org/stable/2123226
- Gauti Eggertsson (2008), “Great Expectations and the End of the Great Depression,” American Economic Review 98:4, pp. 1476-1516. http://www.jstor.org/stable/i29730117
May 9. Paper Due