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Economics History

In this subdiscipline: 563 papers
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Popular papers

  1. Introducing a concept of real, as opposed to nominal, inequality of income or wealth suggests some historical reinterpretations, buttressed by a closer look at consumption by the rich. The purchasing powers of different income classes depend on how…
  2. Economic theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected. This examination is, however, essential not only to…
  3. Divergence in relativeproductivitylevelsand livingstandardsis the domi- nant feature of modern economic history. In the last century, incomes in the "less developed" (or euphemistically, the "developing") countries have fallen far behind those in…
  4. This paper presents evidence on the long-run trends in U. S. regional specializa- tion and localization and examines which model of regional specialization is most consistent with the data. Regional specialization in the United States rose substan-…

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